RARE-USD · catalysts, narrative & risks

What RARE-USD is (with an important disambiguation)

RARE-USD is the SuperRare native token priced in US dollars. SuperRare is a curated, Ethereum-based marketplace for tokenized digital art, founded in late 2017 and launched on Ethereum in April 2018 by John Crain, Charles Crain, and Jonathan Perkins [6], [9], [11]. The RARE token is an ERC-20 with a total and maximum supply of 1 billion tokens [6], [11]. Its primary utilities are DAO governance (through RareDAO), a staking-based reputation system, and use as a payment currency on the marketplace [6], [9], [10], [11].