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

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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.

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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

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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 Learn

Memes

Pump.fun is a Solana-based platform that facilitates fair launches of meme coins, based on a unique bonding curve pricing model.

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 sector of the crypto market is posting growth rates that make even the most conservative investors pause and think. In addition to becoming a viable consideration for many crypto investors, meme coins have helped create an entire subculture — the world of witty, funny, silly, obscene and sometimes outrageous memes that have become full-fledged assets traded on crypto platforms.

And just when you thought that the meme coin market couldn't "explode" further, Pump.fun has arrived on the stage, posting eye-popping revenues and enabling thousands upon thousands of new controversial and amusing meme coins. A Solana-based platform designed to help launch scam-free meme assets, Pump.fun has been reported to notch up 

 that beat the earnings of industry giants, such as 

It's easy to see why Pump.fun is attractive to users. The platform stresses that its token launch mechanism protects investors against 

 through a fair launch system and the absence of any vesting and locking periods. Rug pulls and other types of scams are major — though not the only — detriments to meme coin investment. Pump.fun intends to change the 

— and looks pretty darn serious about it.

. The app makes it easy for token issuers to launch new meme-themed assets flexibly and for free.

 Coins that manage to gain traction by achieving a market cap of $69,000 are then listed on 

Pump.fun enforces certain rules for token issuers to help investors minimize the risk of falling victim to rug pulls and other varieties of scams. This is achieved mainly through a fair launch mechanism that prevents issuers from allocating a portion of the token supply to themselves, their own team or other parties with whom they might have a relationship. 

 and gradual release schedules are also not allowed.

Additionally, Pump.fun lets crypto investors buy meme coins via a bonding curve system that rewards early investors. The earlier you invest in a coin, the less it'll cost you, improving your investment's overall profit potential. This is in stark contrast to the traditional mode of investing, where your investment's timing has no meaningful relationship with its profit potential. All other things being equal, early investors in a successful coin on Pump.fun can expect more profit when they sell than those who join in at later stages.

Pump.fun was launched in January 2024, initially available only on Solana. As of early September 2024, the platform has also integrated support for two more blockchain platforms, the Ethereum-linked Layer 2 networks 

. Meme coins themed around anything — from politics or animals to popular cartoon characters and viral historical internet memes — can be found among the extensive list of coins born on the platform.

The first coins were launched on Pump.fun in late January 2024, but the platform started to gain serious traction only in March. By the end of February, there were fewer than 1,500 meme coins issued via Pump.fun. A month later, however, the cumulative count of the tokens had exploded to more than 75,000. By the beginning of September, the platform's total token count stood at nearly 2 million! The project team claimed that, just during the three-hour interview on X between Elon Musk and U.S. presidential candidate Donald Trump on Aug 12, 2024, there were 

The chart below shows the cumulative number of meme coins launched on Pump.fun between the project's early June and early September, clearly demonstrating the stratospheric rise in the popularity of Pump.fun during its short history of less than a year.

Pump.fun's flexible and fair token creation services have driven its popularity to unprecedented levels as its cumulative revenue has already 

 despite being launched for  just over seven months. 

Although the majority of meme coins launched on the platform have attracted minimal interest from investors, some coins already boast multimillion-dollar 

, with at least five coins crossing the $30 million barrier as of Sep 4, 2024.

As of this date, the platform's leading coin is Fwog (FWOG), with a market cap of $74.49 million. A meme coin, it’s themed around a cute frog with long limbs described by its issuer as "just a lil fwog in a big pond."

Besides Fwog, the other four coins that currently hold over $30 million in market cap are cat-themed michi ($57 million), Daddy Tate ($45 million), Smoking Chicken Fish ($39 million) and Mother Iggy ($33 million).

Despite these success stories, Pump.fun has attracted harsh criticism from some users and industry analysts, largely due to the fact that the vast majority of assets issued on the platform provide no value — and have resulted in losses for investors. On Aug 11, 2024, a blockchain analyst known as Adam Tehc published his 

, showing an abysmal percentage of success for the tokens issued via the platform. According to the analysis, of the more than 16,000 assets launched during the chosen 24-hour period, only 175 attained market caps of at least $69,000 in order to qualify for a Raydium listing.

We must note, however, that although the probability of selecting an eventually profitable asset on Pump.fun remains low, it's nothing unusual for the meme coin sector. This is a niche in which most assets simply don't grow wings to fly. Meme coins have always been a choice for investors who love high-risk/high-reward scenarios. As such, much of the criticism based on low odds of success on Pump.fun is simply due to the nature of the meme coin market in general, rather than inherent deficiencies in the platform itself.

Each token issued via Pump.fun is subject to a mathematically predetermined bonding curve model, which causes the price of the asset to increase as the number of buyers rises. This has two key implications:

Once the created tokens attain a market cap of at least $69,000, they’re listed for trading on Raydium, one of Solana's premier 

 (AMM) platforms. Upon listing, $12,000 of the token's supply is deposited in Raydium and 

. The burning mechanism should further support the token's price rise.

Pump.fun encourages a healthy token ecosystem, whereby all tokens created on the platform are subject to fair launch rules — no vesting schedules, allocations for own tokens, pre-sales or any other mechanisms to preferentially divert assets to specific investors.

The bonding curve model, a distinct feature of Pump.fun’s platform, has a predetermined nature that ensures the price of the asset rises predictably as more tokens are sold. Thus, it helps provide stability to the price of Pump.fun's meme coins at the most crucial early stage of their market presence. 

Incidentally, price instability and manipulation can lead to a loss of trust in a meme coin at the early stage of its lifecycle. When investors quickly spot issues with a meme coin, the exodus of interest and funds can destroy the asset in very little time. Therefore, the bonding curve model is designed to boost Pump.fun coins at the early stage by encouraging early investment and providing the much-needed stability and price predictability to build trust.

Thanks to the absence of vesting or reserve schedules in place, you can instantly begin trading Pump.fun-based meme coins. Coins attaining market caps of $69,000 also enjoy the exposure to Raydium's tremendously popular AMM.

Rug pulls have been a blight on the crypto industry, particularly in the realm of meme coins. Pump.fun minimizes the likelihood of rug pulls in two primary ways: 

However, it should be noted that no token issuing platform — including Pump.fun — can completely eliminate the possibility of rug pull scams. While Pump.fun has measures in place to minimize such scams, they can still occur, particularly in the world of meme coins. Additionally, it’s imperative to note that Pump.fun doesn’t prevent other crypto scams, such as 

, so always stay vigilant and observe any sudden and/or rapid price surges, particularly for the first few token transactions.

Creating meme coins on Pump.fun is straightforward and free of charge. Until early August 2024, token creators paid a fee of 0.02 SOL ($2.55 on Sep 4, 2024) to create a new asset. Following a fee structure change in early August, this initial fee is now paid by the first buyer of the token, with issuers not required to pay anything.

As the first step in the token creation process, you’ll need to connect a 

 that supports Solana, such as Solflare, Torus, Ledger or any of the wallets supported by the WalletConnect protocol. 

After connecting your wallet, click on the prominently displayed 

 button on the homepage to initiate the token creation process. You’ll need to provide the basic properties of your meme coin, such as its name, logo, ticker and description. You can then optionally add links to any relevant social media pages. That’s all you need to start a meme coin on Pump.fun.

You can trade meme coins directly through Pump.fun. On each coin's dedicated page, you’ll see the 

buttons that let you place direct orders for it. Each asset on Pump.fun can be swapped for SOL coins. The coins that have graduated to Raydium by meeting the $69,000 market cap requirement can also be traded via that platform as well.

Thanks to its novelty and community appeal, Pump.fun is making a big splash in an environment casually used to big waves and storms — the Great Ocean of Meme Coins. With around 2 million assets launched on Pump.fun in just seven months, it's hard to write this platform off as simply another gimmick in the meme coin sector.

Importantly, Pump.fun is trying to address some critical issues for meme coins — the problems of rug pulls and early-stage price manipulations. It remains to be seen how successful the project's unique bonding curve model will be in the long term. So far, there's been no letup in the activity on Pump.fun, and a number of highly successful meme coins with multimillion-dollar market caps have launched with it. 

What Is Pump.fun: The Rise and Controversy of a Meme Coin Giant

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards