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Rarible

From BitcoinWiki

Rarible is a multichain marketplace for non-fungible tokens (NFTs) and tokenized physical collectibles. It provides interfaces for discovering, listing, buying, and selling assets while users approve transactions from their own wallets. Rarible began as an Ethereum-focused NFT marketplace in 2020 and later expanded to additional networks and marketplace infrastructure.[1]

Digital illustration of the Rarible NFT marketplace and NFT creation process.
Rarible NFT marketplace illustration.

The marketplace, the Rarible API, RARI Chain, and RARI governance are related but distinct parts of the wider RARI ecosystem. Governance by RARI holders applies to the RARI DAO and protocol-level decisions; it does not mean that token holders directly operate every function of the commercial Rarible marketplace.[2]

History

Rarible launched in early 2020. In July of that year it introduced RARI as a governance token and described a plan to move parts of decision-making toward a decentralized autonomous organization.[3]

In June 2021, Rarible announced a US$14.2 million Series A round from Venrock, CoinFund, and 01 Advisors. At the time, the service focused on digital art auctions and said that it had processed US$150 million in sales since launch; the latter figure was a company-supplied historical metric rather than an independently audited total.[4] The same year, Rarible moved its marketplace onto the open-source Rarible Protocol and began expanding beyond Ethereum.[5]

In June 2026, Gahinga Inc. acquired the Rarible brand and key platform assets and became the operator of the service. Rarible's legal policy describes the marketplace technology as being integrated into Gahinga's ecosystem.[6] The relaunched service includes NFTs and listings for graded physical collectibles represented by tokens.[1]

Marketplace and infrastructure

Rarible is non-custodial for crypto assets: a seller lists an item held in a wallet, and a buyer or seller signs the relevant transaction. The platform can display both Rarible listings and listings aggregated from other marketplaces. Fixed-price purchases and collection offers are among its documented transaction types.[1] “Non-custodial” does not make every interaction trustless. Users still rely on the interface, indexed data, smart-contract behavior, external payment processors when used, and the security of their own wallet.

The marketplace supports multiple blockchain networks. Rarible's support documentation listed Ethereum, Polygon, Base, RARI Chain, Immutable X, Arbitrum, Aptos, and other networks in July 2025; the September 2026 marketplace FAQ also documents Solana listings.[7][1] Supported networks and features differ, so the presence of a chain in an index does not imply that every sale type, payment method, or creation tool is available on it.

The Rarible API is infrastructure for indexing NFT data and building marketplace applications. Rarible has also offered community and branded marketplace products that use this infrastructure. These products should not be confused with Rarible.com itself: a third-party storefront can set its own curation, presentation, and fee policies even when it uses Rarible technology.[8]

RARI governance

RARI was introduced in 2020 to let holders participate in proposals concerning the ecosystem. The current governance structure is administered through the RARI DAO and RARI Foundation. Published documentation says token holders can vote on budgets, incentives, grants, protocol upgrades, and treasury allocations, or delegate voting power.[2][9]

This governance scope is narrower than the original article's claim that token holders steer the entire Rarible product roadmap. The 2026 marketplace is operated by Gahinga, while RARI governance documentation describes authority over the protocol, DAO treasury, and assigned ecosystem programs.[6][2]

Fees and royalties

Fees depend on the chain and type of listing. The fee schedule published on 1 September 2026 states that Rarible deducts 2% from sellers on Ethereum, Base, and Polygon listings and 1.5% on Solana listings, while other chains vary. Aggregated listings can add the originating marketplace's fee, and card payments through MoonPay can add a processor fee.[1] These are dated platform terms and may change.

Creator royalties are set by a collection and can be included in marketplace settlement, but they should not be described as guaranteed residual income on every resale. Royalty recognition and enforcement can vary by contract, network, marketplace, and sale route. Rarible's own help material distinguishes royalties from marketplace service fees.[10]

Ownership, content, and risks

An NFT records control of a token address; it does not by itself establish authorship of the associated media or transfer copyright. Rarible requires uploaders to have the necessary rights and provides a process for copyright complaints and removal from its interface.[11][12] A token can remain on a blockchain even if the marketplace stops displaying it.

The token record and the referenced media are also separate. Some content may be stored by Rarible or another service rather than entirely on-chain; for example, Rarible documents that its unlockable content is stored locally on Rarible.com and is not visible on other marketplaces.[13] Users also face wallet compromise, malicious approvals, contract defects, network fees, failed transactions, counterfeit or infringing listings, price volatility, and illiquidity. Blockchain provenance does not guarantee that a work is authentic or that it will retain value.

Rarible's open, multichain model differed from art-focused platforms that used more selective creator access. Foundation operated an invitation-based art marketplace before going offline in 2026, while SuperRare continues to use a curated artist model.

References

  1. 1.0 1.1 1.2 1.3 1.4 Rarible FAQ, Rarible, updated 1 September 2026, accessed 7 September 2026.
  2. 2.0 2.1 2.2 Who is in charge of Rarible API development, Rarible API documentation, accessed 7 September 2026.
  3. Introducing $RARI—the first governance token in the NFT space, Rarible, 15 July 2020, accessed 7 September 2026.
  4. NFT marketplace startup Rarible closes $14.2 million Series A, TechCrunch, 23 June 2021, accessed 7 September 2026.
  5. Introducing the Rarible Protocol: An Open-Source, Cross-Chain Tool for NFT Innovation, Rarible, 13 August 2021, accessed 7 September 2026.
  6. 6.0 6.1 Rarible Privacy Policy, Rarible, updated 22 June 2026, accessed 7 September 2026.
  7. Which blockchains does Rarible support?, Rarible Help Center, updated 30 July 2025, accessed 7 September 2026.
  8. Introduction, Rarible API documentation, accessed 7 September 2026.
  9. RARI, RARI Foundation, accessed 7 September 2026.
  10. What are royalties and service fees on Rarible?, Rarible Help Center, updated 21 May 2024, accessed 7 September 2026.
  11. Rarible Terms of Service, Rarible, accessed 7 September 2026.
  12. DMCA Notices on Rarible, Rarible Help Center, updated 27 January 2025, accessed 7 September 2026.
  13. What is unlockable content?, Rarible Help Center, updated 30 January 2025, accessed 7 September 2026.