SuperRare To Launch On Base, Coinbase's Layer-2 Network

IconCryptoNewsTerminal Staff09 Jul, 2024

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SuperRare To Launch On Base, Coinbase's Layer-2 Network

SuperRare, a top-rated NFT marketplace, announced plans to deploy its protocol contract and launch its RARE token on Base, a layer-2 network by Coinbase, SuperRare co-founder John Crain told CoinDesk. The move by SuperRare to Base will provide several benefits to the platform and its users. Firstly, it will increase the speed and efficiency of transactions on the marketplace. Secondly, it will reduce the cost of transactions, making it more accessible for users to buy and sell NFTs. Thirdly, it will open up new possibilities for innovation on the platform, as SuperRare can now take advantage of Base's unique features. The launch of SuperRare on Base is a significant development for the NFT space. It shows that even established NFT marketplaces are willing to explore new layer-2 solutions to improve the user experience.

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