• Fri. Nov 1st, 2024

RARI Foundation Launches Layer 3 Blockchain With Embedded Royalties

Nov 30, 2023

RARI Foundation, the entity behind NFT marketplace Rarible, has unveiled RARI Chain, an Ethereum-compatible blockchain that will enforce on-chain NFT royalties.

This feature is made possible by royalties being embedded at the node level. Creators can set fees for a collection or for individual NFTs, guaranteed to be collected from every transaction. RARI is up 22% in the past week.

RARI Price chart

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[Source: TheDefiant]

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