SuperRare integrates Chainlink to support NFT transfers between Base and Ethereum.

SuperRare, a digital asset marketplace platform created on the Ethereum ecosystem, integrates Chainlink’s Cross-Chain Interoperability Protocol (CCIP) into its native token, $RARE, to enable highly secure transfers across Ethereum and Base, a layer 2 blockchain network. do. The pinnacle of the Ethereum ecosystem. This article will provide an in-depth assessment of what this new integration entails.

SuperRare Leverages Chainlink to Support NFT Transfers

In a blog post on October 18, the SuperRare NFT marketplace platform confirmed that it had integrated the Chainlink network into its non-fungible token coin, $RARE. Following this integration, SuperRare expects to leverage Chainlink capabilities to provide secure transfers across Ethereum and Base, a layer 2 blockchain network that operates on top of the Ethereum ecosystem.

.@SuperRare integrated #Chainlink Integrating CCIP into the RARE token enables highly secure transmission. @base & @Ethereum.

CCIP significantly enhances the functionality and reach of SuperRare’s Curation Tokens by allowing them to scale across multiple ecosystems.#RoadToSmartCon pic.twitter.com/haXtR4oTjK

— Chainlink (@chainlink) October 18, 2024

Launched in April 2018, SuperRare is a digital marketplace for aspiring digital artists and art collectors. It allows users to mint, collect, and trade rare NFTs on the Ethereum blockchain. On this platform, NFT artwork is issued directly by the original artist from their unique wallet address, and all previous bids, sales, and collects are forever recorded in the token’s history on the blockchain.

The SuperRare NFT marketplace offers $RARE, a governance crypto token. $RARE allows the community to have an active voice in the curation across Space Races and the broader decision-making process for the future of SuperRare. $RARE allows holders to participate in SuperRare governance by drafting and/or voting on proposals. SuperRare has grown to become one of the leading NFT marketplaces in the NFT market.

SuperRare and Chainlink integration

Chainlink is a decentralized blockchain oracle network built on Ethereum’s mainnet. The network is designed to easily transfer tamper-resistant data from off-chain sources to on-chain smart contracts. Chainlink connects the real world to fast-growing blockchain technology, enabling developers, startups, and enterprises to build practical use cases that unlock the real value of Web3.

Under the new integration, SuperRare expects to leverage Chainlink CCIP to support the secure transfer of the NFT coin $RARE across Ethereum and native blockchain networks. CCIP is a protocol that allows users to programmatically transfer tokens from one blockchain to another through a lock-and-mint or burn mechanism and attach arbitrary data commands to them.

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