Introduction
Non-fungible tokens (NFTs) have been gaining popularity in recent months, with many artists and creators turning to NFT platforms to monetize their work. One such platform that has seen a surge in trading volumes is Rarible.
Rarible is a marketplace for buying and selling NFTs, where creators can mint their own digital assets and sell them to buyers. The platform has gained popularity among artists, musicians, and other creators who are looking for new ways to monetize their work.
Trading Volumes Surge
According to a recent report, Rarible has seen a significant increase in trading volumes in recent weeks. In the past 30 days, the platform has seen a trading volume of over $20 million, which is a significant increase from previous months.
The surge in trading volumes can be attributed to the growing interest in NFTs as a way to monetize digital content. As more artists and creators turn to NFT platforms like Rarible, the demand for these digital assets continues to grow.
Royalties for Creators
In addition to the increase in trading volumes, Rarible has also pledged to share royalties with creators. This means that creators who sell their NFTs on the platform will receive a percentage of the sales every time their digital assets are resold.
The move is a significant one for Rarible, as it sets the platform apart from other NFT marketplaces that do not offer royalties for creators. By sharing royalties with creators, Rarible is incentivizing more artists and creators to use their platform to sell their digital assets.
Looking Ahead
As the interest in NFTs continues to grow, platforms like Rarible are likely to see even more growth in the coming months. With its pledge to share royalties with creators, Rarible is positioning itself as a leader in the NFT marketplace and is likely to attract even more creators to its platform.
In addition to its commitment to sharing royalties, Rarible is also working on improving its platform and making it more user-friendly. As the platform continues to evolve, it is likely to become an even more popular destination for artists and creators who are looking to monetize their work.
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Conclusion
Rarible is a marketplace for buying and selling NFTs that has seen a surge in trading volumes in recent weeks. The platform has also pledged to share royalties with creators, setting itself apart from other NFT marketplaces. As interest in NFTs continues to grow, Rarible is positioning itself as a leader in the space and is likely to attract even more creators to its platform in the coming months.
