Rarible upgrades its marketplace with aggregator feature and DAO model

Rarible upgrades its marketplace with aggregator features and a new DAO voting model.
October 21, 2022 - Cynthia Chung

Rarible announced it is introducing new aggregation tools and new DAO voting model on its upgraded marketplace, Rarible 2, on Oct 20.

Rarible 2 is an aggregated marketplace that culls Ethereum listings from OpenSea, LooksRare, X2Y2 and Sudoswap to create a one-stop-shop for NFT collectors to reference NFT prices.

‘If you want to buy an item now, checking every marketplace is a lot of work,’ says Alex Salnikov, co-founder of Rarible. 

It creates an open environment where users can access the best prices for NFTs all through one interface,’ he said in an interview with Cointelegraph.

Rarible users can also add multiple NFTs to their shopping carts and purchase various Ethereum ERC-721 NFTs in one transaction.

In addition, Rarible DAO members and Rarible governance token holders voted in unison to approve a RARI locking feature called ‘$RARI locking.’

This allows users who stake at least 100 RARI voting power on Rarible’s weekly featured RARI rewards collection, participate in governance of the Rarible Protocol, enjoy 0% transaction fees on Rarible, and join a special Discord channel.

Photo: Rarible


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