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Shoppers keen on digital art, photography and videos will enjoy exploring all of the professional-grade NFTs in the SuperRare market and SuperRare Spaces. For NFT creators, SuperRare is one of the most highly selective sites, so it might not be the best option for beginners. But if you’re an established artist with a professional portfolio, SuperRare offers access to the most passionate NFT art enthusiasts. The top artist on SuperRare has reportedly earned nearly $50 million in sales. The top 39 artists on SuperRare have sold over $1 million in total. Artists receive 85% of their primary sales and a 10% royalty on all secondary sales.
According to SuperRare’s help portal, you can safely use popular options such as Trust Wallet, imToken and Rainbow Wallet. Due to SuperRare’s high standards, it has gained a reputation as one of Ethereum’s most elite NFT art markets. An overview of the high-end NFT art market built on the Ethereum blockchain. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources.
While the site is fairly simple to navigate, the high-end nature of SuperRare may not appeal to most people who are just dipping their toes in NFTs. If you’re exploring digital art for the first time, the luxury market can be intimidating. You can also read about featured digital artists and their stories in SuperRare’s magazine.
Many or all of the products here are from our partners that pay us a commission. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. More recently, SuperRare has opened the door to more aspiring NFT artists and curators through its SuperRare Spaces program. According to SuperRare, these spaces function what is republia as “sovereign crypto-art galleries” where the operators control promotional activities, NFT drop schedules and fees. Because these Spaces are within the SuperRare ecosystem, however, they still have to conform to SuperRare’s standards. Minting NFTs on SuperRare isn’t as easy as clicking Create, selecting a JPEG and paying a gas fee.
Today, anyone who holds RARE tokens can vote on the future direction of SuperRare and admit new artists to mini-marketplaces called SuperRare Spaces. Currently, the SuperRare community approves 10 new “Spaces” per month. SuperRare makes it easy to create, sell, and collect rare digital art by artists around the world. Our smart contract platform allows artists to release limited-edition digital artwork tracked on the blockchain, making the art rare, verified and collectible. Artists are provided with a new revenue stream, helping to fund new creative projects. SuperRare’s fees are on the higher end for an NFT marketplace.
If you want to sell your art on SuperRare’s platform, you must submit a formal application and conform to the site’s criteria for quality and scarcity. The percent change in trading volume for this asset compared to 7 days ago. Courtney Mikulski specializes in cryptocurrency, personal finance, and credit cards. Her work has appeared in publications like Bankrate, The Simple Dollar, and CreditCards.com. If you can score an invite to create NFT art on SuperRare, it’ll likely be fairly lucrative.
If the gas fees are too high, you can wait until demand dies down. It hosts curated artists with one-of-a-kind exceptional NFTs and expensive sale prices. The SuperRare price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. For the first time, we have the opportunity to digitize this ancient and inherently human activity, bringing it online for the first time at scale.
Each piece of digital art sold from SuperRare’s curated collections is single-edition, so there’s only one for sale, making each piece more unique. You can also only buy, sell, and trade NFTs minted on SuperRare. OpenSea accepts over 150 different cryptocurrencies — making the platform more accessible. OpenSea also supports selling a large variety of NFT assets like art, music, trading cards, virtual worlds, and experiences.
To participate in Space Race votes, people need to hold RARE tokens and take part in the 48-hour voting window. Since SuperRare is super popular, it won’t respond to people who don’t pass this application process. If you don’t hear back within about one month, however, you can submit a new Google Form to SuperRare for review. Since Nightmare Troubadour, video game promo cards were Super Rares, but Stardust Accelerator started having them as Ultra Rares. However, these cards are still released as Super Rares in the European editions of the games. Starter Decks and Structure Decks also usually include two cards printed in Super Rare, often two cards of lesser significance than the Deck’s featured card.
SuperRare features one-of-a-kind artwork from a selection of carefully picked artists. In addition to the main market, users can access specially curated storefronts called https://cryptolisting.org/ SuperRare Spaces. The community can also participate in decentralized governance of the organization. Those who hold the SuperRare token can help to curate the platform.
In just three years, the crypto art market has already grown to be a global phenomenon over $400M in size. This investment will allow SuperRare to accelerate growth, serving significantly more artists and collectors as digital collecting nears more mainstream adoption. The Ethereum blockchain is the most popular for NFTs, but it’s also the most expensive in terms of gas fees and has a large carbon footprint. Ethereum is in the process of a major upgrade, but this won’t be completed until 2023. Other popular NFT platforms allow users to create and trade NFTs on other blockchains, such as Solana or Polygon . There are 8,279 SuperRare owners, owning a total supply of 38,240 tokens.
Ethereum is the most popular network for NFTs, but it struggles with network congestion, high fees, and high environmental costs. Some NFT marketplaces have enabled transactions on other less-congested blockchains. SuperRare is an exclusive platform that’s designed for serious artists and digital art collectors. If your bid is successful, you should see your new NFT appear in your SuperRare account. You can resell your NFT at any time, but you will only receive 90 percent of the secondary sale.
The benefit of this rigorous screening process is that SuperRare can control the quality of NFTs allowed on its platform. From an artist’s perspective, a SuperRare listing gives a creator extra cachet in the crypto art community. SuperRare rewards its artists by baking in a 10 percent royalty fee for every secondary NFT sale as part of each NFT’s smart contract. SuperRare only uses the Ethereum blockchain for its NFT transactions.
And, because the marketplace is on the Ethereum blockchain, gas fees are generally higher than some others. The growth in the digital art market in the past three years has been electrifying. In the first year, artists on SuperRare averaged about $8,000 of sales per month. Fast forward to 2021, this figure has exploded by over 31,000% to $25M per month. Artists receive a 10% royalty payment every time their work is sold (after the initial sale, for which the artist gets 85%). These fees are built into each token via smart contracts and ensure artists receive an ongoing revenue stream from their work.
It recently partnered with Miami Art Week to create a digital art and NFT experience. As collectors and artists grapple with how traditional art and NFTs might interact, a platform that bridges the physical and digital world may appeal. SuperRare is an art-focused NFT platform where users can trade curated NFTs from a select group of handpicked artists.
SuperRare is also running a collaboration with Gucci, featuring 10 NFT artists who were tasked to capture Gucci’s legacy. As the concept of NFTs gains traction , mainstream media is finding new ways to bridge the gap into the crypto medium. SuperRare strives to take the traditional art world into a digital art market. SuperRare is a high-end digital art marketplace that attracts designer collaborations and celebrity collectors. Artists are invite-only, cementing the quality and validity of SuperRare’s NFTs.
Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs. There are no job openings at SuperRare listed on Cryptocurrency Jobs right now. You can sign upto receive our weekly email with the latest crypto jobs. NFT stats gives you the latest information about the NFT space.
SuperRare makes it easy to create, sell, and collect rare digital art. SuperRare’s smart contract platform allows artists to release limited-edition digital artwork tracked on the blockchain, making the pieces rare, verified, and collectible. Filter the crypto art world’s best selling works by artist name, creation type, and year of birth on OpenSea. For the best NFT marketplaces, our editorial team compared supported wallets, integrated networks, 30-day trading volume, fees, and customer service. SuperRare’s artists have to be invited to the platform and undergo a vetting process. This ensures that the art sold on the marketplace is high-quality and more valuable.