What Is Rarible (RARI) and How Does It Work?
Rarible (RARI) is a decentralized
NFT ecosystem that combines a multi-chain marketplace, the Rarible Protocol, and its own Layer-3 blockchain called RARI Chain. Launched in 2020, Rarible empowers creators, collectors, and developers with tools to mint, trade, and build NFT applications. Its ecosystem is designed to promote community ownership, transparent governance, and fair creator royalties.
At the core of this ecosystem is the RARI token, an ERC-20 asset that serves as both a utility and governance token. Holders can stake or lock RARI to gain voting power through veRARI, influence DAO decisions, and access benefits like reduced marketplace fees. Rarible also incentivizes users with RARI rewards for participating in selected collections, creating an active and engaged community.
Rarible stands out through its RARI Chain, a blockchain built on
Arbitrum Orbit specifically for NFTs. It enforces royalties at the node level, ensuring creators are paid fairly on every resale. With low gas costs, fast transactions, and support for
ETH,
USDC, or card payments, Rarible offers a user-friendly experience that appeals to both newcomers and advanced Web3 builders.
What Is RARI Chain and Why Did Rarible Launch It?
RARI Chain is a Layer-3 blockchain built on Arbitrum Orbit, designed specifically for NFTs and digital assets. It offers fast, low-cost transactions and introduces node-level royalty enforcement, meaning creators automatically receive their royalties on every resale without relying on optional marketplace settings. The chain supports payments in ETH, USDC, and even credit cards, making NFT trading more accessible to mainstream users.
Rarible launched RARI Chain to solve long-standing issues in the NFT market, especially around royalty enforcement and scalability. By providing an ecosystem where royalties are guaranteed and transaction costs are minimized, Rarible ensures creators, collectors, and brands can confidently build and trade on-chain. The chain also integrates seamlessly with Rarible’s marketplace and protocol, extending utility for developers and strengthening the governance role of the RARI token.
When Did Rarible Launch?
Rarible launched in 2020 as one of the earliest community-owned NFT marketplaces, founded by Alexei Falin and Alexander Salnikov. It quickly gained attention for its decentralized approach and introduction of the RARI governance token, which empowered users to participate in platform decisions. Over time, Rarible expanded beyond a marketplace into a full NFT ecosystem with the launch of the Rarible Protocol and later the RARI Chain, built on Arbitrum Orbit to enforce royalties and improve scalability.
Rarible Roadmap Highlights
• 2020 – Rarible marketplace launches with RARI token for governance and rewards.
• 2021 – Expansion into multi-chain NFT support, including Ethereum,
Flow,
Tezos,
Polygon.
• 2022 – Launch of Rarible Protocol for developers and partner marketplaces.
• 2023 – Rarible DAO and treasury governance structures expand.
• 2024 – RARI Chain launches with node-level royalty enforcement.
• 2025 – Ongoing ecosystem growth with brand integrations, staking upgrades, and developer-focused tools.
What Is the RARI Token Used for?
The RARI token is the governance and utility token of the Rarible ecosystem. It allows holders to participate in Rarible DAO voting, shape treasury allocations, and decide on protocol upgrades. Users can also stake or lock RARI to receive veRARI, which grants enhanced voting power, fee discounts, and access to exclusive marketplace benefits. Additionally, RARI is distributed as rewards to active traders and creators, helping incentivize engagement across the ecosystem.
You can trade RARI tokens on the
BingX spot market by searching for the
RARI/USDT pair, entering the amount you want to buy or sell, and confirming your order. Once purchased, your RARI tokens will be stored securely in your BingX account wallet, ready for trading, staking, or withdrawal.
What Is Rarible Tokenomics?
Rarible’s tokenomics are designed to balance governance, ecosystem growth, and creator incentives. The native token, RARI, has a fixed maximum supply of 25 million tokens, making it relatively scarce compared to many other governance tokens.
RARI Token Allocation
• 30% – Community Mining (distributed to NFT buyers and sellers as marketplace rewards)
• 60% – Treasury Reserve (managed by Rarible DAO to fund ecosystem growth, grants, and partnerships)
• 10% – Investors & Team (early backers, founders, and team members with vesting schedules)
What Makes Rarible Different From Other NFT Platforms?
Rarible stands out from other NFT platforms by focusing on decentralization and community governance. Unlike marketplaces that operate with centralized control, Rarible empowers its users through the RARI token and the Rarible DAO, giving them voting rights on protocol upgrades, treasury allocations, and ecosystem initiatives. Its open-source Rarible Protocol also enables developers to build their own NFT apps, marketplaces, and integrations, creating a broader ecosystem beyond the core marketplace.
Another key differentiator is the launch of RARI Chain, a Layer-3 blockchain built on Arbitrum Orbit. It enforces royalties at the protocol level, ensuring creators are paid fairly for every resale, something not guaranteed on many competing platforms. With low fees, multi-chain support, and accessible payment options like ETH, USDC, and even credit cards, Rarible offers a creator- and community-first approach that blends Web3 innovation with user-friendly experiences.
What Blockchain Network(s) Does Rarible Support?
Rarible supports a multi-chain ecosystem, allowing users to mint, buy, and trade NFTs across several major blockchains. These include Ethereum, Polygon, Tezos, Flow, and
Immutable X, giving creators flexibility and access to different NFT communities. In addition, Rarible launched its own RARI Chain, a Layer-3 network built on Arbitrum Orbit, which enforces creator royalties at the node level while offering low gas fees and fast transactions tailored specifically for NFTs.
Which Wallets Support RARI Tokens?
The easiest way to store your RARI tokens is directly on BingX after buying them on the spot market. By keeping your tokens in your BingX account wallet, you can quickly trade, swap, or withdraw without needing external transfers. BingX also offers strong security features, including
Proof of Reserves (PoR) and insurance protection, giving you peace of mind while managing your RARI holdings.
If you prefer self-custody, RARI tokens are supported by most
ERC-20 compatible wallets since they are issued on Ethereum. Popular options include
MetaMask,
Trust Wallet,
Base App, and Ledger/Trezor
hardware wallets for cold storage. These wallets allow you to connect to Rarible’s ecosystem directly, stake or lock RARI for governance (veRARI), and interact with RARI Chain through Web3 integrations. This gives you full control of your private keys while participating in the broader NFT and DAO governance ecosystem.
Is Rarible (RARI) a Good Investment?
Rarible (RARI) can be seen as a strong investment opportunity because it powers one of the earliest and most community-driven NFT ecosystems, combining a multi-chain marketplace, open-source protocol, and its own RARI Chain with enforced royalties. Its governance model allows holders to influence treasury spending and ecosystem growth, while token locking (veRARI) provides additional utility and long-term alignment.
With increasing adoption of NFTs by creators, brands, and developers, Rarible’s focus on fair royalties, scalability, and multi-chain accessibility positions RARI as both a governance and utility token with potential upside as the NFT sector expands. However, like all crypto assets, it carries risks tied to market volatility and adoption trends.