What is Rarible Coin
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| What is Rarible Coin |
What is Rarible Coin
Rarible is an Ethereum-based blockchain project that allows users to create, buy, and sell digital collectibles. It has recently launched its own cryptocurrency token called RARI (Rarible Coin). The purpose of the token is to incentivize users for their participation on the platform.
The RariCoin will be used as a medium of exchange between collectors and creators on the platform in order to purchase or trade digital assets such as artwork, music, videos or other types of content. Additionally it can also be used for tipping purposes within the community. Moreover, hWhat is Rarible Coinolders will receive rewards when they stake their tokens through staking pools in return for providing liquidity and security to the network by validating transactions via smart contracts built into each asset’s codebase.
Furthermore , with this coin you have access exclusive features like participating in auctions while competing against other bidders from around world , creating your own custom NFTs which means you can mint unique versions of existing assets — all without having any coding knowledge . Also there are some special privileges that come along with holding certain amounts coins like early access new products & services , discounts fees etc .
All these things make rariCoin one most exciting projects out there right now so if you're looking get involved crypto space then definitely check what rarible has offer !
