Overview
SuperRare is a digital art exchange where customers can buy, sell, and trade curated NFTs from a select group of handpicked artists. SuperRare is bridging the gap between real-world galleries and NFT platforms by creating an easy-to-use digital platform that allows more traditional art buyers to invest in blockchain-based art.
Blockchains
Categories
Supported Languages
Pros & Cons
- High-quality, unique art
- Partners with traditional art world
- Royalty payments
- Exclusive platform
- Simple and clear interface
- Artists must be approved
- High fees
- High prices
Full Review
SuperRare is a digital art exchange where customers can buy, sell, and trade curated NFTs from a select group of handpicked artists. SuperRare is bridging the gap between real-world galleries and NFT platforms by creating an easy-to-use digital platform that allows more traditional art buyers to invest in blockchain-based art.
SuperRare, a crypto art marketplace and gallery, wants to list only the most interesting and valuable NFTs from the best creators in the space. It refers to these as "true crypto art" or "digital art." This high-end art dealer of the NFT world is powered by Ethereum Blockchain.
SuperRare’s artists have to be invited to the platform and vetted before they can sell their work. This restriction ensures that every piece of art sold on SuperRare is unique and high-quality, which makes the art more valuable. Each piece of digital art sold from SuperRare’s curated collections is single-edition, so there’s only one for sale and it is more unique.
SuperRare is still working on bridging the gap between the traditional art world and digital art. For example, SuperRare partnered with Miami Art Week and even opened a physical gallery to display NFTs. SuperRare also ran a collaboration with Gucci, featuring 10 NFT artists who were tasked to capture Gucci’s legacy.
SuperRare is a niche platform that appeals to a specific demographic.
What cryptocurrencies are accepted on SuperRare?
SuperRare operates on the Ethereum blockchain. Ethereum is the only payment method accepted on SuperRare.
SuperRare also has its own token, called RARE, that functions as a governance token for its decentralized autonomous organization (DAO).
NFTs categories available on SuperRare
SuperRare is considered an art gallery and NFT marketplace, and mainly focuses on digital art. It´s a digital trading platform for rare NFTs. The platform accepts only a limited number of carefully chosen artists, and it only sells single-edition pieces.
SuperRare fees
SuperRare charges slightly higher fees than other platforms, but it also takes a lower commission than a traditional gallery might.
- Gallery receives a 15% commission on first sale.
- Artists receive a 10% royalty payment for every subsequent sale.
- Buyers pay a 3% fee on all purchases.
- Ethereum gas fees apply for each transaction.
SupeRare security
Co-founder sair in an interview that the art on SuperRare has never been hacked and users do not store their assets on the platform.This means there's less risk of being targeted by hackers.
However, users must be aware of Phishing risks and fraudulent NFT collections.
Bottom line
As said before SuperRare is a niche platform that appeals to a specific demographic. It´s a unique, exclusive and expensive marketplace. Exclusive access and limited edition prints drive up the value of NFTs. The platform has become the high-end gallery of the NFT world by focusing on collectible digital art.
A clean interface makes it easy to browse art collections on the platform, and flexible curation tools allow users to keep track of their favorite artists. Transaction fees are higher than on some other NFT platforms, but rare digital art pieces might make the higher fee worth it for collectors.