Rarible (RARI) is a token associated with the decentralized NFT marketplace Rarible. Here is an introduction to RARI:
- Overview of Rarible: Rarible is a decentralized NFT marketplace that allows users to buy, sell, and trade NFTs directly. It is smaller in scale than Opensea but places a greater emphasis on decentralization.
- Economics and Governance: The economics and governance of Rarible are linked to its native token, RARI. Anyone can hold RARI to share in the revenue generated by the platform and participate in governance decisions.
- Multi-Chain Support: Rarible operates on multiple blockchains, including the Ethereum and Polygon networks. With WalletConnect, the Bitcoin.com Wallet supports DApps on both chains.
In summary, RARI is a core component of the Rarible platform, facilitating decentralized governance and economic operations.