Rarible - Briefing Document
-- PRE-CALL CHECKLIST ---
General Discovery
Researched by: Leah_par
About the event
- Project: Rarible
- Guests: Alex Salnikov, Co-founder, Rarible
- Topic: Empowering NFT creators with no-code tools
- Event schedule: 1/12/2022 ~ 23-27
- NOT FINANCIAL ADVICE
About our guest speaker
- Include guest name(s); try to include name pronunciation.
- Alex Salnikov
- Write a short bio about the guest(s) including their role at the project they are speaking about.
- Alex Salnikov, co-founder and head of product at Rarible, has been involved in the Blockchain space since 2012, and has gone from leading a team, building a Crypto market place, to presently, an NFT market.
- How has their crypto journey impacted their decision to join/launch the project they work on today?
- Alex had long considered the blockchain space a missed opportunity because of its inaccessibility to consumers unfamiliar with NFTs. In 2019 he started brainstorming about possible products to serve this need. Rarible grew out of the desire to create something fresh and user-friendly.
- What are some notable achievements that increase their web3 reputation?
- Being the co-founder of Rarible
About the project
- What is the general positioning of the project?
- NFTs, DAOs, governance
- What is the value proposition of the project? How does it clearly differentiate itself from others in the web3 space?
- The Rarible Protocol is designed as a set of building blocks which enables the creation of fully customized NFT experiences of any level and complexity
- How does it benefit it community members and general web3 communities at large?
- It brings cross-chain compatibility to its platform, which enhances transaction speed and low gas fees.
- Is it bridging blockchains, protocols, tools, communities, etc.?
- Yes it is
- Does it bring a unique vision or approach to solve challenges in web3?
- Yes it does
- How does it improve the web3 ecosystem?
- By providing open web innovation protocol toolkits that have Shared Order Book and Liquidity, Lazy Minting of Single (ERC721)or Edition (ERC1155) NFTs, Decentralized Exchange with Fee Splitting Capability, Collections Factory (721 and 1155), including Open Source Indexer
- Generally, how does the product work?
- Provide basic information about the product
- The Rarible Protocol is a set of smart contracts that can be deployed to various blockchains, as well as an open source indexer. Projects can use these tools to build consumer facing applications, while smart contract developers can build features in the protocol that benefit an entire ecosystem of projects.
- Details of product stemming off high level overview.
- Outline a few mid to high-level topics about the product
- Lazy Minting of Single (ERC721) or Edition (ERC1155) NFTs
- Royalty standard for protocol-minted NFTs, as well as for externally minted NFTs.
- Results of the product so far
- Listed among the top five most popular marketplaces with the highest rankings, Rarible has managed to collaborate with some major brands, like Taco Bell and Adobe, which has helped lift its exposure levels and gain traction in the market
- Rarible started as an NFT marketplace. But now, it has grown into an aggregated marketplace with a unique locking mechanic, voting system and enhanced $RARI token utility, amongst other features.
- October 2022, Rarible launched NFT aggregator that enables buyers to compare prices across different marketplaces
- Practical applications of product.
- Detail current functionality of project, where it is deployed, TVL.
- Rarible is an Ethereum-based platform that facilitates the creation, sale, and purchase of ownership rights to digital works of art via non-fungible tokens (NFTs).
- Current and potential use cases.
- As with all NFT marketplaces, the primary use case for the platform is the transfer and collection of non-fungible tokens. However, the Rarible Protocol aims to expand into all manner of NFT usage in the space and has bridged the Flow and Tezos blockchains to allow for greater interoperability.
- Outline steps for a beginner to get started.
- To begin your NFT journey, go to official Rarible website and you will be presented with Rarible’s homepage. Before you get comfortable, mind that it is critical to always check if you are on the correct site before allowing access to your MetaMask wallet!
- In the top right-hand corner, next to the colorful “Create” button, you will see a white “Sign In” button: click it to continue.
- You will then be redirected to a sign-in page giving you a choice of currencies and wallet available. For this guide, we will be sticking with the default Ethereum currency and using MetaMask to create our account.
- Click the blue “Sign in with MetaMask” button to progress.
- You will then be met with a pop-up, again in the top right-hand corner, from MetaMask confirming the account you will be linking.
- If you are happy with the selected wallet, click the blue “Next ” button in the bottom right of the pop-up.
- The pop-up will refresh, and you will be informed of the permissions you are granting to Rarible by connecting your MetaMask account.
- If you agree to these permissions, click the blue “Connect” button to finalize your account creation.
- The pop-up will again refresh, with a brief animation of the connection being made, before automatically closing and redirecting you to the Rarible homepage.
- Once back at the homepage you will notice that, in the top-right corner, where it once said “Sign In” it will now have a color circle, which is your default profile picture.
- Your account has now been created!
- Token economy.
- RARI
- Any recent, meaningful updates to the project.
- Rarible upgraded its platform to Rarible 2 on 20 October 2022. According to the NFT marketplace, new attribute tools have been launched to highlight NFTs from across the Web3 space. Rarible 2 offers new updates to the distribution of the RARI, the RARI DAO's governance token, and establishes the independent RARI Foundation, which is fully controlled and operated by RARI holders.
- Roadmap/future applications
- Technical updates
- Community updates or changes
About the ecosystem
- Find one or two things the speaker has shared in the past about the future growth, impact of web3?
- Private property is a “super core concept” of the physical economy, and introducing the same thing in the metaverse is a key step in the evolution of who we are, what we do, and how we act in digital spaces.
- How will their project(s) contribute to the evolution and adoption of web3?
- What are some web3 projects/tools that the project integrates to create a more robust ecosystem?
Anything else?

Resources
References
- Relevant project links including discord, website, twitter, podcast, medium, mirror, substack, gitbook, etc.
- Social media details of the guest.
- LinkedIn — https://www.linkedin.com/in/salnikov1
- Twitter— https://mobile.twitter.com/insider0x
- Instagram — https://www.instagram.com/insiderq/?hl=en
Sources
- including blogs, tweets, sources of images, websites, youtube videos, interviews, podcasts,
- https://www.thenifty.com/alex-salnikov-rarible-992#:~:text=Alex Salnikov%2C co-founder and,the world of crypto startups.
- https://www.linkedin.com/in/salnikov1
- https://www.google.com/amp/s/cointelegraph.com/news/rarible-nft-marketplace-adds-web3-aggregation-with-new-version/amp
- https://m.youtube.com/watch?v=Ua8ruxvJsH8
- https://www.google.com/amp/s/www.coindesk.com/web3/2022/10/20/rarible-2-introduces-major-updates-to-popular-nft-marketplace/%3FoutputType%3Damp