Rarible is an aggregated NFT marketplace that lets users buy, sell, and mint digital collectibles across multiple blockchains. It supports Ethereum, Polygon, Tezos, and Immutable X, with varying minting costs — Ethereum tends to be pricier, Tezos cheaper. The platform charges 1% from both buyers and sellers per transaction; network gas fees go to miners, not Rarible.
Multi-Chain Support and Lazy Minting
Unlike single-chain platforms, Rarible’s multi-chain design gives users access to NFTs on different networks. Its “lazy minting” feature allows creators to mint NFTs on Ethereum without paying gas — the first buyer covers the cost. However, lazy-minted NFTs belong to Rarible’s collection, not the user’s own. Creating a personal collection requires paying gas fees.
Step-by-Step: From Wallet Setup to Trading
New users need a compatible wallet (e.g., MetaMask, Coinbase Wallet, Torus for Ethereum; Beacon or Temple for Tezos). After connecting the wallet, accept the terms (age 13+), then fund it with the chain’s native token. To mint, click “Create,” select the blockchain, upload artwork, set price and sale method (fixed price, accepting offers, or timed auction), then confirm the wallet transaction.
Flexible Royalties and Payment Options
Creators can set royalties up to 50%, earning a percentage from each resale. There are three sell methods: fixed price, accepting bids, or timed auction. Rarible also supports credit card payments, lowering the entry barrier for crypto newcomers.
Safety, Partnerships, and Competition
Rarible emphasizes security with a comprehensive privacy framework, but users should still verify NFT authenticity and seller reputation. The platform has partnered with Twitter, Yum! Brands, boxer Floyd Mayweather Jr., and actress Lindsay Lohan for NFT launches. Compared to peers like OpenSea, Rarible offers a friendlier interface and a strong community, while OpenSea boasts a larger user base and broader NFT categories.
FAQ Highlights
Digital art, music, photography, game assets, and metaverse NFTs are available. Each transaction involves a 1% platform fee plus network gas; Ethereum congestion can spike costs. Rarible’s decentralized nature may require blockchain knowledge, a potential hurdle for novices. Both Rarible and OpenSea have trade-offs: ease and community vs. variety and scale.