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Rare genie

RareGenie.com is a platform that allows users to buy and sell non-fungible tokens (NFTs), which are unique digital assets stored on a blockchain. It operates as an NFT marketplace, providing a user-friendly interface for creators to mint and list their NFTs, and for collectors to discover, buy, and trade them.

RareGenie.com is an NFT marketplace that facilitates the buying, selling, and trading of unique digital assets using blockchain technology.



Pricing

  • The platform charges a fee (typically 2.5%) on each NFT sale
  • Creators can set their own royalty percentages on secondary sales
  • No subscription fees for users, but they need to hold cryptocurrency for transactions


Pricing: Freemium


Pros

  • User-friendly interface for buying and selling NFTs
  • Support for multiple blockchain networks (Ethereum, Polygon, etc.)
  • Variety of NFT categories (art, collectibles, gaming, etc.)
  • Secure and transparent transactions on the blockchain
  • Royalty system for creators to earn from secondary sales

Cons

  • High gas fees for transactions on the Ethereum network
  • Potential for scams and fraud, as with any NFT marketplace
  • Lack of regulation and standardization in the NFT industry


Use Cases

  • Buying and selling digital art as NFTs
  • Collecting and trading rare digital items or assets
  • Minting and selling NFTs for gaming items, virtual real estate, etc.
  • Creating and selling NFT-backed memberships or access passes

Target Market

  • Digital artists and creators
  • NFT collectors and investors
  • Gaming communities and enthusiasts
  • Blockchain and crypto enthusiasts


Competitors

  • OpenSea
  • Rarible
  • SuperRare
  • Nifty Gateway
  • Foundation