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RARI is the native governance token for Rarible, a decentralised marketplace for non-fungible tokens (NFTs). Launched in 2020, RARI empowers its holders with decision-making rights regarding platform upgrades, fees, and future developments, fostering a community-driven ecosystem. Rarible, a pioneer in the NFT space, allows artists and collectors to mint, buy, and sell digital art and collectibles without relying on intermediaries. RARI also motivates user participation through its Marketplace Liquidity Mining program, rewarding active users with tokens. Built on the Ethereum blockchain, RARI capitalises on the security and wide adoption of the Ethereum network. This token underpins Rarible’s mission to democratise digital ownership, making it a focal point for creators and enthusiasts in the burgeoning NFT landscape.
