SuperRare is an Ethereum-based NFT marketplace specializing exclusively in rare digital artwork NFTs.

Talk about NFT enthusiasts, and the first thing that comes to mind is crypto gamers decorating their NFT avatars or degens obsessed with pixelated, sometimes controversial, art. Few people would immediately link NFTs with fine art during such a conversation. Yet, hidden somewhere in the NFT quarters of the 

 (ETH) blockchain, there’s a welcoming retreat for true digital fine art connoisseurs. Meet SuperRare (RARE) 

 an Ethereum-based NFT marketplace focused on refined and exclusive digital artwork. While most other 

 from gaming assets and avatars to entry tickets and more 

 SuperRare specializes only in fine art NFTs.

The art that finds its spot on the digital shelves of this marketplace isn't trivial or common: true to its name, SuperRare only features rare artwork. In order to be accepted as a creator on the platform, artists must submit an application form and be selected. 

Nevertheless, while some might find the concept of SuperRare a touch too elitist, many others 

 particularly true crypto fine art aficionados 

 will welcome a rare platform that caters exclusively to their tastes.

 is an Ethereum-based NFT marketplace that specializes exclusively in digital artwork NFTs. 

In order to list NFTs on the platform, creators need to submit an application form and be selected by the project team reviewing their samples. One key requirement for NFTs approved by the platform is uniqueness. Using the curated selection process, SuperRare maintains high standards and exclusivity for its marketplace. The platform positions itself as an upmarket provider specializing in quality and rare digital art.

You won't find gaming, web3 domain, membership pass or other types of NFTs on SuperRare. The platform caters only to those interested in artwork-based NFT assets. Contemporary and abstract art–based digital paintings are typically the pieces regularly listed on its marketplace.

SuperRare was launched on Ethereum in April 2018 by SuperRare Labs, a startup founded by three early NFT enthusiasts 

 brothers John Crain and Charles Crain, along with Jonathan Perkins. In August 2021, SuperRare introduced its native token, RARE, designed to promote decentralization and community-driven 

Starting as a creator on SuperRare isn't as easy as on the majority of other NFT marketplaces. To be accepted, creators need to fill out the 

. Successful applicants are contacted and invited to list their work on the marketplace. Part of the selection process requires artists to submit three to five artwork pieces that are used to evaluate their talents, as well as the fit of their creations to the overall spirit and purpose of the platform. Thus, degen-style pixelated monkeys are probably not the surest way to qualify as a SuperRare creator — but who knows?

Those whose work is accepted can then prepare and list their artworks on the marketplace. Each piece of artwork has a size limit of 250 MB, with acceptable file formats of PNG, JPEG, GIF, MP4 and GLB. Tokenizing and selling physical artwork on SuperRare isn't possible, as the platform only supports digital art pieces. The actual artwork is stored on the InterPlanetary File System (IPFS) platform, while the NFTs reside directly on the Ethereum blockchain.

Upon the first sale of an NFT, known as a mint sale or primary sale, the creator receives 85% of the price, with the remaining 15% going to the 

 Community Treasury, a decentralized fund aimed at promoting the platform's decentralization and community development. Any sales of items after their primary sales are classified as secondary sales, for which the seller receives 90% of the price paid, with the remaining 10% going to the original creator as a royalty.

Buying and Collecting Digital Art on SuperRare

Lovers of digital fine art can purchase SuperRare NFTs via three main modes 

 Auctions, Offers and Buy Now. Auctions are further divided into Reserve Auctions and Scheduled Auctions. The mode under which an NFT is listed is determined by its creator.

 features an initial reserve price. When a bidder meets the price, a 24-hour countdown kicks in to allow other buyers to place their competing bids. Meanwhile, a 

 features preset start and end times and an optional starting price. Each auction ends at the specified time, regardless of whether any bids meet the starting price.

 sales, prospective buyers simply contact the creator and offer their price. 

 mode, whereby you simply buy the NFT listed at a fixed price by clicking on the 

button. All sales, regardless of their mode, include a 3% transaction fee paid by the buyer.

SuperRare also runs a rewards program for the holders of its exclusive 

. A RarePass entitles the holder to receive one monthly NFT 

 for an artwork from a participating creator chosen by the SuperRare team. Additionally, the holder gets three chances each month to win an NFT from a participating artist. There are 250 RarePasses in total, and a wallet can hold up to five RarePasses that maximize their airdrop rewards and chances to win.

SuperRare is often compared to another popular NFT marketplace, 

. Both platforms are based on the Ethereum network, but they cater to somewhat different audiences, and significantly differ in terms of fees paid and artist royalties. While SuperRare is an exclusive market for rare digital artwork NFTs, OpenSea supports the sales of a wide variety of both exclusive and common NFTs, including those for gaming assets, digital and physical artwork, event tickets, avatars and more.

Royalty fees for secondary sales, which amount to 10% on SuperRare, are optional on OpenSea. In addition, the transaction fee is somewhat lower on OpenSea (2.5%) as compared to SuperRare (3%). Finally, while the transaction fee is paid by the buyer on SuperRare , OpenSea deducts this fee from the seller.

In 2023, the SuperRare Labs team introduced Rare Protocol, a set of 

 on Ethereum designed to promote the open curation and discovery of rare NFTs. The protocol is open for anyone to participate. Users of Rare Protocol can 

 RARE, the platform's native cryptocurrency, on their preferred creator to gain entry into the artist's Rarity Pool. As the creator sells their fine art NFTs, stakers in their Rarity Pool also receive crypto rewards from the sales.

As users continue staking in different pools, the SuperRare protocol will create a web of Curated Lists, each containing a list of various creators endorsed by the staker community. Hence, Curated Lists and Rarity Pools are deeply intertwined, allowing Rare Protocol to serve as a giant hub for rare NFT and talent discovery. The whole idea behind Rare Protocol is to encourage active NFT discovery and curation driven by the user community.

In August 2021, the project introduced its native governance and curation token, RARE. RARE is an 

 asset on the Ethereum blockchain. It's used primarily for the following functions:

RARE's total and maximum supply is specified at 1 billion. The entire supply will be released within four years from the token's launch (by August 2025), as some portion of it is subject to vesting schedules. The distribution shares for the total supply are shown in the chart below.

As of Sep 16, 2024, the RARE token is trading at $0.1368, which is 96.3% lower than its all-time high (ATH) of $3.64 on Oct 11, 2021, and 166% higher than its all-time low (ATL) of $0.05122 on Oct 19, 2023.

Long-term price forecasts for RARE are generally bullish. PricePrediction 

 to trade at $0.205 in 2025 and $1.37 in 2030, while DigitalCoinPrice 

 price of $0.36 in 2025 and $1.03 in 2030.

You might consider investing in the RARE cryptocurrency based on the following considerations:

SuperRare's NFT art market is a unique place within the blockchain ecosystem, where creators can sell art that attracts truly refined tastes. There's no shortage of marketplaces flipping NFTs whose prices are close to zero, and whose utility is limited to a minor asset within an obscure crypto game. In fact, the NFT marketplace corner of the industry is crazily competitive, with many providers plying the trade. 

In this NFT sea of mediocrity, SuperRare stands out as the symbol of fine quality in artwork NFTs, still unchallenged in that space after more than six years since its launch.

Intermediate

superrare nft.png

SuperRare (RARE): The Ultimate Curated NFT Art Experience

X Empire is an Elon Musk–themed game that runs on the Telegram app and TON blockchain. Learn more about how it works in this article.

 continues, companies are looking for more ways to distinguish their projects. 

 hopes to stand out from its competitors with its exciting Elon Musk theme. Though this project isn’t officially endorsed by Musk, it's nevertheless managed to attract a lot of attention from Musk's fandom. To understand why 

 is currently so popular, explore this guide.

 is a game that runs on the Telegram app and 

. By repeatedly clicking on their phone's screens, users earn points that they can eventually exchange for cryptocurrency in this Elon Musk–themed game.

 aims to capitalize on Telegram crypto gaming trends while providing a better experience than its competitors. Currently, Telegram gaming is a leading web3 industry that’s worth over $3 billion. 

 hopes to take part in this exciting trend and create a space for Elon Musk fans. By incorporating a variety of images and topics related to Musk, 

 believes it can attract even more fans than generic games do. While other similar games use basic themes (such as cats), 

's design is targeted toward a highly specific audience.

's design is also meant to address some issues with past Telegram tap-to-earn games. Its creators have included extra security measures to remove bots and coin-burning mechanisms that punish inactive accounts. They hope this will ensure they have more regular users than other games, such as 

In order to further improve user engagement, 

 also has a complex system of upgrades and levels. These incorporate strategy into the game, so users have to do more than just mindlessly click on their screens. 

's team believes these additional features will help them retain their user base for as long as possible.

 relies on Telegram and The Open Network (TON) blockchain to function properly. The 

 game’s system is designed to run with the Telegram bot, which takes the game's software and translates it into images and buttons with which players interact. When users sign up for 

, the bot sends prompts that allow players to participate in the game. 

 is its use of TON blockchain technology. 

 keep track of player information, while in-game activity functions as a form of mining on the TON chain. 

 plans on minting Elon Musk–themed TON tokens, to be distributed to players of the game. During the 

 stage, player activity will end up determining how many 

 has only been operational for a few months, but it's already achieved some impressive metrics. The game has 

, and is acquiring new players at a rate of around 5 million per week. 

 also has a robust following in the online digital landscape: its YouTube channel has 4 million subscribers, and over 1.7 million people are following its X account. Even rebranding from 

's success is its Elon Musk theme. The game has done an excellent job of marketing to a niche set of 

 (DeFi) enthusiasts. However, even people who aren’t deeply interested in Elon Musk or artificial intelligence are getting involved in 

. Its fairly short mining period and upcoming airdrop have helped it garner a lot of interest from investors looking for a fast way to earn crypto.

 are the main way of determining airdrop eligibility for the X crypto token. Players who have a higher profit-per-hour rate will get more rewards in the 

 airdrop. In addition to getting tokens through your gaming experience, you can also receive more airdrop rewards by inviting other people to play the game. Tokens distributed during the airdrop will be called XEMP; rumor has it that XEMP will function as a utility token. 

It's still unclear precisely when the airdrop will happen. However, 

 has announced that the mining phase of its game will end on Sep 30, 2025. After that date, any in-game currency earned within 

. To qualify for the airdrop, people simply need to be active 

 is a game that players can access through the Telegram mobile app. Once you sign up for the game, you'll be prompted to choose a cartoon image of Elon Musk as your avatar. You can then tap a mining button repeatedly to earn coins until you run out of “energy,” which gradually refills, at which point you can tap to earn more in-game assets.

The game allows you to upgrade your Elon avatar to improve its earning capabilities and its energy regeneration. You'll also have a workforce that you can upgrade with things like new staff and office additions, which can help you earn passive income even when you aren't actively tapping. Furthermore, the game includes a variety of quests and daily challenges that you can complete to boost your income. 

 is a fantastic example of how Telegram games can appeal to modern crypto enthusiasts. The seamless integration of tap-to-earn mechanics and Elon Musk memes has helped 

 has a lot of competition from similar games, it's managed to keep its players engaged. As 

's airdrop date approaches, crypto investors should make sure to keep a close eye on this project.

x empire.png

X Empire: Command Your Realm in an Elon Musk–Themed Game

The Linux Foundation has launched the Linux Foundation Decentralized Trust (LFDT) to unify its decentralized projects, including Hyperledger, with over 100 members. 

The SPX index was up by 0.13%, traders are anticipating a potential 50 basis point rate cut, with over 62% confidence according to CME's FedWatch Tool.  Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 1.02%, with Bitcoin and Ether dropping by 3.33% and 3.86%, respectively in the past 24 hours.

Today's top performer is STPT, which surged 11.1% following the announcement of AI-driven gaming innovations in STP's Grants Program for Season 1.

STP (STPT), launched in 2021, is a cryptocurrency designed to enhance the functionality of Decentralized Autonomous Organizations (DAOs). It aims to address DAO fragmentation by offering tools to create and manage DAOs without requiring programming knowledge. STP operates on the Verse Network, which supports efficient DAO creation and governance. STP 

 several innovative projects applying for the STP Grants Program Season 1, focusing on gaming and AI. Featured projects include Robots Farm, blending DeFi with Play-to-Earn mechanics; LLC Tycoon, a strategy game with AI-driven economies; YachtC, a Web3 version of Yahtzee with enhanced tokenized rewards; and Ancient Forest, an AI-powered adventure game with dynamic storytelling. STP’s grants aim to help these projects scale and integrate more advanced features.

Check Out the Latest Prices, Charts, and Data of 

 to unify its decentralized projects, including Hyperledger, with over 100 members. Hedera is a key member, contributing its hashgraph consensus algorithm, now known as Project Hiero, to the trust. Dfns has also joined, introducing its key management system as Project Lockness. LFDT aims to drive innovation in ledger, identity, cryptography, and interoperability, particularly for regulated industries. Additionally, Hyperledger Besu and Hyperledger Fabric 3.0 have been updated, with new features like a Byzantine Fault Tolerant consensus mechanism.

Yesterday, Bitcoin Spot ETF flows show a net outflow of $3 million, with GBTC experiencing a $20.8 million outflow, while non-GBTC ETFs saw an inflow of $17.8 million.

 are now open and will close on March 16th, 2025. Tokens are expected to be transferable by September 30th, 2024. Allocations are based on staking directly through Eigen, with additional tokens from other projects like Etherfi, Swell, and Renzo to be claimed separately. The claims checker for ETHFI and $EIGEN is expected to be available starting September 19th, 2024.

Beginner

3.png

Linux Foundation Launches Decentralized Trust with Hedera and 100+ Members, Introducing Key Projects Hiero and Lockness

Explore our article to find out what’s the Cipher Code for today’s Hamster Kombat’s Daily Cipher Code.

, the tap-to-earn game that lets you manage your own crypto exchange while engaging in cerebral battles with daily Morse code puzzles. Each puzzle, released at 7PM UTC, isn’t just a mental exercise — it's a lucrative opportunity to enhance your gameplay and grow your digital assets.

, challenging players to solve a Morse code puzzle each day for the chance to win 1 million coins. This not only boosts your in-game economy, but also refines your quick thinking and problem-solving skills.

Today’s Hamster Kombat Daily Cipher: Sep 17, 2024

 Daily Cipher for Sep 17, 2024, is as follows:

 •—••   ••   •••   —   ••   —•   — —• 

Ensure each Morse code sequence is entered with precision and slight pauses between letters to confirm correct execution and secure your reward.

Expand your coin holdings by completing these additional tasks:

Gain an early advantage by trading HMSTR tokens through Bybit’s Pre-Market Trading. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

Today's Daily Cipher and the various interactive in-game activities offer plentiful opportunities to boost both your coin balance and your overall engagement in 

. Each puzzle you solve not only enhances your financial resources, but also sharpens your cognitive abilities, making every gaming session both profitable and intellectually rewarding.

Stay informed with daily updates and expert advice to ensure you continue to thrive in the competitive environment of 

hamster kombat daily cipher code.png

A Guide to Hamster Kombat's Daily Cipher Code (Sep 17, 2024)

Bybit 360

This reports educates you how to navigate market volatility ahead of key events.

Screenshot_2024-08-13_at_12.42.08_AM.png

Screenshot_2024-08-13_at_12.43.50_AM.png

Screenshot_2024-08-13_at_12.44.47_AM.png

Screenshot_2024-08-13_at_12.31.34_AM.png

Why the Market Could Be Volatile Ahead of Tuesday’s PPI and Wednesday’s CPI Reports

Last week, the market experienced a significant sell-off, driven by growing concerns about the possibility of a recession. Equity investors are worried about deteriorating corporate earnings and their negative impact on enterprise valuations.

Weakening corporate earnings usually signal a weaker economy, which could potentially lead to earlier-than-expected rate cuts from the Federal Reserve. On the other hand, moderating inflationary pressures could also ease the hurdle facing the Fed, which has been primarily concerned about early rate cuts potentially reigniting inflationary pressures in the future. As a result, the market has become highly volatile. 

Investors find themselves caught between two challenging scenarios. On one hand, a weaker economy would pose a headwind to the equity market, as fundamental earnings growth would fail to support the currently high valuations. On the other hand, rate cuts are generally welcomed, since they’re fundamentally favorable for the valuations of high-beta or smaller corporations.

The story becomes more complex, however, when it comes to cryptocurrencies. The impact of corporate earnings and inflationary pressures on the crypto market is uncertain. While recent crypto sell-offs have coincided with the broader equity market plunge, corporate earnings don’t directly affect the cryptocurrency ecosystem. Crypto sell-offs have more to do with other factors, such as selling pressures from institutional players like 

 and possibly other sources. Historically, cryptocurrencies have tended to perform better in cycles of loose monetary policies.

In summary, the current market environment is characterized by heightened volatility, as investors navigate the delicate balance between concerns about a weakening economy and the potential benefits of a more accommodating monetary policy stance.

In the next two days, the releases of the U.S. Producer Price Index (PPI) data on Tuesday and the U.S. Consumer Price Index (CPI) on Wednesday are widely expected to increase market volatility. 

Notably, the PPI and CPI data are closely correlated, often moving in tandem. Therefore, increased volatility typically begins with the earlier release of the PPI data.

Investors should be aware that the market's response to these macroeconomic data points can be unpredictable, even if the underlying trend is well established. Immediate price movements surrounding the PPI and CPI releases can be volatile, as market participants adjust their positions based on the latest information.

Why You Shouldn’t Bet on a Single Direction for This Type of Volatility Event

Riding on the back of a significant credit event can be a highly risky endeavor. The market is inherently unpredictable in the short term. Sometimes, even when all the fundamental factors seem to point in a particular direction, the market can end up moving the other way. Unless one has access to confidential or insider information, no one truly has a crystal ball to foresee the market's immediate reactions.

The well-known adage, "Buy the rumor, sell the news" is a rule that many market players tend to support. As a result, it’s often difficult to ascertain whether the latest information or news has already been factored into current market prices.

If an investor bets in the wrong direction in the short term, the increased market volatility surrounding events can often lead to liquidation of leveraged positions. As such, it’s critical for those holding leveraged positions to have appropriate 

 strategies in place to protect against the potential for heightened volatility.

The key message is that short-term market reactions to significant events can be highly unpredictable, even when the underlying fundamentals seem to point in a certain direction. Maintaining a cautious and well-diversified approach is essential to navigating these periods of heightened uncertainty in the markets.

How to Navigate an Expected Market Volatility Event

Since the beginning of the current bull market, there have been quite a number of market volatility events at certain critical junctures, driven by a combination of macroeconomic and crypto-specific factors.

Macroeconomic factors that have contributed to increased volatility include 

 policy decisions, inflation data (such as CPI and PPI), economic growth indicators (GDP growth), retail sales figures and manufacturing data. These economic data points tend to induce exceptional market volatility when they begin to deviate from established short-term trends.

In addition to macroeconomic influences, crypto-specific events, such as 

, Ethereum upgrades and Spot ETF listings, have also been known to spur heightened volatility in digital asset markets.

Take January 2024's Bitcoin Spot ETF approvals and April 2024's Bitcoin halving as examples. In the case of the Bitcoin Spot ETF approvals, the market initially responded with a sell-off on the day of the approvals, driving BTC’s price as low as $38,000. However, the price gradually climbed back and reached a peak in March 2024.

The April 2024 Bitcoin halving event led to an immediate surge in BTC’s price, which climbed to $67,000 in the first few days. However, it then mildly fell below $60,000 in the subsequent period.

While it’s widely believed that both the halving event and the price movements that follow it can improve Bitcoin's long-term price trend, short-term price actions immediately before and after such volatility events are generally considered unpredictable.

The key point to emphasize here is that short-term price fluctuations surrounding major cryptocurrency events are inherently difficult to forecast with a high degree of accuracy. Investors should be aware that the immediate price response to these types of events can be volatile and challenging to anticipate, despite their potential long-term implications.

Simple Strategy to Help You Sail Through Volatility Events

ing — that is, holding on to investments during market volatility — can be the most straightforward approach to navigating turbulent periods. However, this strategy may be most suitable for well-established 

 assets, such as Bitcoin, which have fundamental solid underpinnings.

Experienced traders, on the other hand, may opt for more active strategies to manage market volatility. The key is to bet on volatility itself, rather than trying to predict the direction of the market. This can be achieved through the use of derivative instruments, such as 

 or spreads, which allow traders to profit from large swings in asset prices, regardless of the direction.

Specialized products are available for investors seeking more sophisticated tools to navigate volatile markets. These may include Smart Leverage and 

 from Bybit, which provide exposure to market volatility without the need for manual selection of individual contracts, expiration dates and strike prices.

More Sophisticated Bybit Tools to Help You Sail Through Unpredictability

Smart Leverage is a non-principal-protected structured financial product that helps users navigate extreme market volatility to place bets in a single direction, maximizing gains with high leverage while mitigating the risk of liquidation before settlement. Smart Leverage offers up to 200x leverage for selected coins, and is suitable for traders inclined to use high leverage during periods of sharp price reversals.

Double-Win is a structured financial product that allows users to position themselves for market movements in both directions, without principal protection. The concept is similar to binary options, whereby users receive a payout if the settlement price falls outside a preset range, or nothing at all if the price remains within it.

The key advantage of a Double-Win plan is that maximum risk is limited to the investment amount, while potential profits vary depending upon how far the underlying asset price moves. This makes it a suitable option in the following scenarios:

Unlike traditional trading strategies that require you to predict the exact direction of the market, Double-Win enables users to speculate on the magnitude of price movement, regardless of the direction. This can be a useful tool for traders who aim to capitalize on heightened market uncertainty or volatility while limiting their downside exposure to the initial investment amount.

Take Profit and Stop Loss (Perpetual and Futures Contracts)

Bybit's Take Profit/Stop Loss (TP/SL) function empowers traders to manage their risks more effectively. It allows them to set 

 orders simultaneously, making it convenient for reducing the risk of unexpected financial losses.

Take profit orders are executed when prices reach a predetermined level. This enables traders to lock in their profits and exit the trade. Conversely, Stop loss orders are triggered when prices reach a predetermined level, automatically exiting the trade and protecting traders from excessive losses.

By combining take profit and stop Lloss orders, traders can establish a well-defined risk management strategy, ensuring their trades are executed according to their predetermined profit targets and loss limits. 

This can help traders maintain discipline and avoid emotional decision-making during volatile market conditions

How to Navigate Upcoming Volatility Events

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards