Assets, Ethereum

Does Rarible Use Ethereum?

Rarible is a decentralized marketplace for digital collectibles. It is built on the Ethereum blockchain and enables anyone to create, buy, or sell digital assets.

Rarible uses Ethereum to power its marketplace. Ethereum is a decentralized platform that runs smart contracts.

This allows Rarible to run without the need for a central authority. This makes it more resistant to censorship and fraud.

NOTE: WARNING: Rarible does not use Ethereum as its primary payment system. The platform does accept Ethereum payments, but it is not the main currency used on the platform. Please be aware that Ethereum transactions are irreversible and may be subject to significant transaction fees. Additionally, it is important to note that Ethereum smart contracts are not regulated by any government or financial institution and may be vulnerable to hacking or malicious code.

Rarible is also able to offer lower fees than traditional marketplaces because it does not have to pay for things like credit card processing or middlemen.

Overall, Rarible is a great option for buying and selling digital collectibles. It is powered by Ethereum, which makes it more secure and efficient than traditional marketplaces.

It also offers lower fees, which makes it more affordable for buyers and sellers.

Previous ArticleNext Article