Cryptocurrency Q&A
What does RARI coin do?
What does RARI coin do?
Maria
Tue Jul 30 2024
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5 answers
680
Can you explain to me the purpose and functionality of the RARI coin? What are its main use cases within the decentralized finance ecosystem, and how does it contribute to the overall functionality of the Rarible platform? Are there any specific advantages or benefits that come with owning RARI tokens, and how do they differ from other cryptocurrencies in the market?
5 answers
SumoMight
Thu Aug 01 2024
Rarible's indigenous digital currency, RARI, is pivotal in sustaining and facilitating the operations of its platform. It grants users a unique power that transcends mere usage.
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Andrea
Thu Aug 01 2024
Creator promotion, a vital aspect of fostering a thriving creative environment, is also subject to the collective decision-making process facilitated by RARI. Holders can vote on the rules governing this area, contributing to the overall growth and success of content creators on the platform.
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KatanaBlade
Thu Aug 01 2024
By acquiring RARI, individuals become active participants in shaping the future of the Rarible ecosystem. They are empowered to submit proposals that could potentially reshape the platform's rules and regulations.
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Federica
Thu Aug 01 2024
The voting rights associated with RARI ownership allow users to have a say in decisions that directly impact the platform. One crucial aspect of this is the ability to vote on potential fee adjustments.
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BenjaminMoore
Thu Aug 01 2024
Furthermore, RARI holders can weigh in on how collected fees are allocated and utilized, ensuring that the platform's resources are directed towards initiatives that benefit the community at large.
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