SuperRare is set to be listed on
Indodax on September 12th, indicating potential for growth. However, the
NFT marketplace has seen a decline over three years, creating a mixed expectation. The platform is expanding beyond
Ethereum NFTs to
Bitcoin Ordinals Artwork, indicating innovation and diversification. Notably, the SuperRare token (
$RARE) price predictions for the next decade have been shared, showing an expectation of volatility.
In the competitive landscape, SuperRare is stacking up against
Mpeppe, another cryptocurrency that saw impressive profits. Amid feedback from artists, the Senior Vice President (SVP) of SuperRare has shown support for reducing fees. The company has also ventured into new NFT collections called 'No Brainers' and has seen a significant surge in investment. Unfortunately, recent reductions in the
value of NFTs have affected the platform, leading to skepticism from SuperRare's CEO. Expansion plans include participation in art events in Seoul and in
SoHo. Interestingly,
RARE surged following an ICO closure and the Treasury transferred a substantial amount of $RARE to Binance.
However, the platform has seen a mixed bag of news with regard to market performance, including speculation about plunge in value.
SuperRare is also deeply engaged in partnerships within the art world, including a notable collaboration with
Colonna Contemporary. However, there were also reports of layoffs, with SuperRare letting go of 30 percent of its staff, which the company claims was due to over-hiring.
SuperRare News Analytics from Mon, 01 Mar 2021 08:00:00 GMT to Tue, 10 Sep 2024 15:57:07 GMT -
Rating 0
- Innovation 3
- Information -5
- Rumor 2
