The rise of NFT led to the introduction of different marketplaces, one of these is SuperRare. Do you know what SuperRare really is? How do you become an artist in SuperRare? How does it work? Is it safe to use? Is this better than the other? So there are too many questions in your mind. Let us enlighten you about this thing, read until the end! ** **
So what is SuperRare? SuperRare is a NFT marketplace. Got it? No! Continue reading….
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SuperRare is an exclusive marketplace where you can collect and trade single-edition NFT arts. This marketplace is also home for world's best artists. And the token in this platform is commonly called “Rare” that was launched in the year 2021, rare means unique. This marketplace was created by John Crain (CEO), Charles Crain (CTO) and Johnathan Perkins (CPO) in the United States in the year 2017. They marked this as unique in the sense that you can not purchase digital art by this token, because it must be purchased by what they called ETH. Ethereum is a type of cryptocurrency that helps your transactions or contracts in the blockchain to operate efficiently. In SuperRare, the one with the rare token has the ability to vote in “spaces”. Spaces are commonly intended for new artists in which they are given the opportunity to shine. This is like having your own art gallery where you have all the rights, you can also get the commission from the visitors or artists in your spaces. The good thing for artists who's holding Rare tokens is that they will receive royalty payment that will benefit the holder lifetime. Royalty takes place in secondary sales where the original creator will receive a 10% commission from the artworks.
Easy steps to become a SuperRare Artists
We prepared four (4) steps that you need to follow:
Create digital samples
In creating samples you should think on what theme that you are passionate about. Create digital art that is unique so that it will differentiate you from other artists. You can use programs like SketchAR, PixelChain, NinjaFT, GoArt, Canvas Adobe Photoshop and Gimp.
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Create your website
Having a website is important before you apply in SuperRare. We can recommend Wix and Wordpress. This step is essential because this can be your proof of identity when someone tries to copy your masterpiece. You need to upload all your creations on your website before applying to SuperRare.
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Social Media Active
Of course your website is not enough to promote your art. You also need to have social media platforms. As an artist, you need to interact in NFT communities around Twitter, Instagram, Discord, Facebook and others. You may have a chance to interact with famous and rich artists and collectors. SuperRare will also request for the URL of your social media platforms as you fill up their form.
Register
If you are a starting artist or art lover, you might be interested in SuperRare. You can apply and submit your profile via this form. Remember that you are required to submit your original creations in digital, not yet tokenized and of course legal. The purpose of this application is for artists to be included in the radar screen of the team. As of the moment, due to high demand in the platform you can not join SuperRare without an invite or approval.
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How SuperRare works?
Remember that every masterpiece in SuperRare is a single edition and built in ERC-721 Ethereum smart contracts where it helps to verify ownership of art. ERC-721 is a standard for NFT that may contain unique values compared to another. The reason why this is unique is probably because of age and rarity. When you enter the SuperRare world, your art as an original artist will be minted and every transaction you make will be recorded in blockchain history forever automatically. Yes automatically! You don't need to do anything, the system will record it for you! Of course you need an Ethereum account or wallet where you can store your ETH and NFTs and then once you add your art it will be tokenized permanently. And the main reason why SuperRare is better than the other marketplaces is because of its $RARE token DAO. This token gives the ability to the holder to be part of curation activities for them to earn commissions and incentives. There are examples of crypto based DAO, like freelancer network and ventures, but in terms of SuperRare it is called Curation. DAO basically means Decentralized Autonomous Organization, this is a system for a group of people to gather to make decisions that they prefer for the improvement of the SuperRare marketplace. So when you are the holder of Rare token DAO, you will be considered as the stakeholder and you are privileged to vote or interact in a proposal created by DAO itself. Interacting with project proposals by DAO is absolutely safe because all information, transactions and records are all transparent because it is secured by blockchain.
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Is SuperRare safe to use?
Your arts, identity, wallet and transactions in SuperRare are absolutely secured because of blockchain. But then as much as SuperRare wants to protect the artist's masterpiece against copyright infringement, they are not reliable for this case. If you have concerns about copyright infringement you can contact your attorney. And if you want to enhance protection of your artworks, you may do a copyright registration but this is not actually required. It's up to you if you want to add protection to your art. When you have copyright protection the public will be aware of it then you have the ability to market your art and prevent it from unauthorized exploitations.
Advantages of SuperRare for Artists
How SuperRare is good for artists? First, since SuperRare is built in Ethereum smart contracts, artists or users don't need to worry about their data because all of the origins of transactions are transparent. Second, artists who hold $RARE token DAO have the ability to be part of curation activities in which they have the highest ability to succeed in the marketplace. Third, SuperRare is good for artists in a way that when you achieve a big sale, other platforms may invite you to tokenize with them but it's your decision if you like to be tokenized with others.
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Disadvantages of SuperRare for Artist
First, the commission is high. In terms of primary sale, SuperRare will get 15% commission on the sale of artists which is high compared to other NFT marketplaces. Second, only approve ETH as a payment method unlike the other marketplaces that accept ETH and other types of cryptocurrency. Then, you need to wait to get invited to this marketplace. Not everyone who will submit the form will be accepted. The SuperRare team will check each entry but due to the popularity of it, It might be hard to receive an invite. You will know if you're invited when your current status which is “submitted” will change into “invited” via email.
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Top Artist on SuperRare based on their Sales
@lphacentaurikid has a total of four creations with a total sales of $302,302 for two arts sold. You may visit!
@seerlight has a total of seventeen creations with a total sales of $296,207 for one art sold. You may visit!
@cathsimard has a total of twenty creations with a total sales of $225,142 for three arts sold. You may visit!
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In conclusion, SuperRare is perfect for small artists or even for art lovers. It gives opportunities for artists to grow. If you want to succeed in the platform, you may follow the steps above such as start to create samples, strengthen your website, be active on social media and apply properly and make sure to fill up all details needed. And be aware of the disadvantages mentioned above before you enter the SuperRare world such as SuperRare getting high commision, limited payment method, their limited invite.
By: Jeanette Hazel Buyayo (SnowX content team)** **
References
https://help.superrare.com/en/articles/5816295-how-does-superrare-work-what-s-an-nft
https://www.copyright.gov/what-is-copyright/
https://help.superrare.com/en/articles/4792362-1-4-what-is-copyright
https://help.superrare.com/en/articles/5429518-the-superrare-dao-governance-101
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