Monday, 14 Apr 2025

Arbitrum and rarible cooperate in the NFT trade

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16 Mar 2025 15:01
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3 minutes reading



  • Arbitrum is now integrated into rarible, which simplifies NFT trade and at the same time guarantees copyrights.
  • Rarible no longer accepts orders from other marketplaces, but prioritizes the artists’ taxes and maintains the rights of the author in all transactions.

Arbitrum hat itself Rarible connected And offers greater opportunities for the NFT community. With this integration, users of arbitrum-based NFTs can act directly on rarible and explore, whereby they guaranteed to retain the creative licensing fees.

The most important advantages of this layer 2 blockchain include faster transaction speeds and lower costs, which offer more efficient experience than other solutions on the market.

After this latest step, the native token of Arbitrum, Arb, has developed quite well. At the time of the editorial deadline, the ARG course was around $ 0.3607, which was an increase von 2,99 % In the last 24 hours and market capitalization has increased to over $ 1.5 billion.

Rarible protects the copyrights

Rarible’s step to integrate Arbitrum is not the only big decision that the company has made in recent months. In August 2024, Rarible decided to aggregate no more orders from other platforms, including Openea and Looksrare. This decision was made to ensure the protection of copyrights with any kind of trade.

The copyrights have recently become a heated topic on the NFT market, and Rarible has decided to support artists and authors from content.

OpenSea conquers the dominance on the Ethereum NFT market

In the meantime, OpenSea, which had lost market shares due to the strong competition, was able to recapture its predominance. In just four weeks, the platform recaptured a share of 71.5 % at the Ethereum NFT market-CNF.

The publication of the SEA token, which caused the activity on the market significantly, was mainly responsible for this boom. The daily trading volume of OpenSea rose from $ $ 17.4 million from $ $ 3.47 million; The number of daily transactions rose from 6.101 to 14,700.

This indicates that Openea is still a strong force, which is difficult to change due to the few new ideas in the NFT area. But can the setting to copyright fees exist in the long term? This is still a great uncertainty.

When the hype subsides: stumbled NFT projects

In the meantime, not all NFT projects went as planned. Tennis Australia sold over 10,000 tennis ball pictures as NFTs in January 2025, the value of which dropped 90 %. The art ball program, which initially met with great interest, lost attractiveness.

The website and the servers connected to the project have now disappeared, which means the end of the once extreme NFT hype.

On the other hand, RTFKT, a Web3 Streetwear company that was taken over by Nike in 2021, suffered a similar fate than it was at the top. After an NFT turnover of $ 185.3 million and working with several known names, the company hired the company in early 2025. Since the product value of RTFKT is also declining, the once promising fashion business of NFT seems to be entering a dark phase today.

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