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NFT Marketplace Rarible Launches New Mini App on Base

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NFT marketplace Rarible has announced the launch of a new mini app called MintR on the Coinbase-affiliated Ethereum layer-2 network, Base.

Rarible Launches MintR

According to the announcement, the mini app integrates directly into Coinbase Wallet. This offers users opportunities to seamlessly discover, mint, and interact with non-fungible tokens (NFTs) on the platform.

This recent move marks a strategic expansion for Rarible as it continues to improve Web3 user experience and accessibility. With the launch of this new mini app, users can explore and participate in NFT drops directly within the Coinbase Wallet interface.

Jungle Bay Artist Collective (JBAC), an artist-first collective, is the developer behind the MintR mini game. Rarible explained that the mini game will be used to launch Seeds from the Memetic Garden, its first collectibles.

What is Rarible?

Rarible is a decentralized community-driven NFT marketplace built on the Ethereum blockchain. It is a multichain platform that allows creators to seamlessly develop, buy, sell, and trade NFTs on various blockchain networks.

To utilize the decentralized marketplace, you must link your funded Ethereum wallet to the platform. Its unique features allow anyone to acquire the ownership rights of digital artworks via NFTs simply by paying a gas fee.

At the core of the project is its ERC-20 native token, RARI, used to incentivize active users. The RARI token also allows users to participate in the platform’s governance, giving holders the right to influence its development.

RARI holders can submit proposals, vote on them, and act as community moderators on the platform. Issued in 2020, the token has a capped supply of 25 million. At launch, 10% of the total supply was distributed as an airdrop to NFT holders in the crypto community.

According to data from CoinGecko, RARI is currently trading at approximately $0.98 at the time of writing. This represents a mild 0.3% price increase in the last 24 hours. The token’s current market value is up over 270% more than its all-time low price of $0.2649.

With a market capitalization of over $17.7 million, RARI token’s daily trading volume stands at $989,170. This represents an 11.5% increase from the previous day, indicating a recent surge in market activity.

The post NFT Marketplace Rarible Launches New Mini App on Base appeared first on Cointab.

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