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What does 'rari' mean in the context of cryptocurrency?

avatarEmir EsenDec 17, 2021 · 3 years ago3 answers

In the context of cryptocurrency, what is the meaning of 'rari'? I've come across this term multiple times but I'm not sure what it refers to. Can someone explain?

What does 'rari' mean in the context of cryptocurrency?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Rari is a slang term used in the cryptocurrency community to refer to Rarible, a decentralized marketplace for non-fungible tokens (NFTs). It is a platform where users can create, buy, and sell digital assets. Rari is often used as a shorthand for Rarible, similar to how people use 'ETH' for Ethereum. So, when someone mentions 'rari' in the context of cryptocurrency, they are most likely referring to Rarible and its associated NFT marketplace.
  • avatarDec 17, 2021 · 3 years ago
    Ah, 'rari'! It's a cool way of saying Rarible, which is a popular platform for buying and selling NFTs. NFTs are unique digital assets that can represent anything from artwork to virtual real estate. Rarible allows creators to mint their own NFTs and sell them directly to buyers, without the need for intermediaries. So, if you see someone talking about 'rari' in the crypto space, they're probably discussing the latest NFT trends and opportunities on Rarible.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to cryptocurrency, 'rari' is often used as a shorthand for Rarible, a leading NFT marketplace. Rarible is built on the Ethereum blockchain and allows users to create, buy, and sell NFTs. NFTs have gained a lot of popularity recently, especially in the art world, as they provide a way to prove ownership and authenticity of digital assets. So, if you're interested in exploring the world of NFTs, Rarible, or 'rari', is definitely a platform worth checking out.