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The full name of RARE coin is SuperRare. It is an NFT token. Many investors don’t know much about this currency. If you want to know more about it, keep reading. SuperRare is a smart contract platform that can easily create, sell and collect rare digital artworks. On this platform, artists can freely publish limited edition digital art collections tracked on the blockchain, and these NFT artworks are rare, verifiable and worth collecting. Many investors want to know what the RARE coin is issued at? Let the coin circle editor bring you an introduction to the issuance price and issuance time of RARE coins.

 Introduction to the issuance price and issuance time of RARE coins

According to the investigation of the coin circle editor, the issuance price of RARE coins is US$0.1, the issuance time is August 18, 2021, the total issuance is 1 billion, the circulation is 250 million, and the circulation rate is 25%. SuperRare can easily create, sell and collect rare digital artworks. Their smart contract platform allows artists to publish limited edition digital art collections tracked on the blockchain, which are rare, verifiable and worth collecting.

Rare encrypted digital art, registered on the blockchain. When you add digital assets, the SuperRare smart contract generates a token and deposits it into your Ethereum wallet, permanently linking it to the artwork, starting a new journey on the blockchain, where fans or collectors can trade or hold it.

On the SuperRare test platform, there is no commission for the first sale and a 3% commission for the second sale. Its mission is to help artists make a living on the Internet while contributing more works of art to the world. We believe that artists should be able to make a living in the way they love. We believe that the ability to secure a percentage of secondary market income for artists is one of the most revolutionary and exciting capabilities provided by Ethereum smart contracts. This is similar to a musician receiving a percentage of the sales of a vinyl record released in the 1960s that is still bought and sold in second-hand record stores today.

 How about RARE coins?

It is reported that the purpose of SuperRare's launch of governance tokens is to gradually transfer ownership and management of the network to the community. Looking ahead, RARE tokens will also be used for things such as grants for the SuperRare ecosystem and curation rewards.

RARE
holders will guide market parameters, curation activities, and a new community treasury through a decentralized organization, and all fees earned by SuperRare will be deposited into this treasury. The SuperRare project team has conducted retroactive airdrops for the artist and collector community on the platform. Specifically, the last airdrop reserved 150 million RARE tokens (15% of the total supply of 1 billion RARE tokens) specifically for old users of SuperRare.

From Rarible to SuperRare, NFT platforms seem to have successively taken the path of issuing native platform governance tokens. So, the biggest question at present is whether other crypto art platforms (such as OpenSea, Nifty
Gateway, Foundation, etc.) will follow suit, and when will they follow suit?

At present, based on these data, RARE coins/SuperRare have certain value, but it is necessary to observe the subsequent development situation before making an investment judgment. As for whether the platform will follow suit, only the respective teams of these platforms can answer these questions with certainty, but it is indeed worth looking forward to.

This article is a detailed introduction by the editor of Coin Circle on the issue price of RARE coin. SuperRare is actually a very old NFT trading platform. Opensea has always occupied half of the NFT trading market, so this time SuperRare's airdrop has made more investors know about it. At present, SuperRare has an excellent position. In fact, the platform did not become popular overnight. The platform has gone through many years of hard work to achieve its current status.