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In a new update, Web3 aggregation is added to the Rarible NFT marketplace


On October 20, Rarible, an Ethereum-based marketplace for nonfungible tokens (NFTs), announced that Rarible 2 would be coming out.

The NFT marketplace says that it is adding new tools to bring together NFTs from all over the Web3 ecosystem. Users can now look through Rarible, OpenSea, LooksRare, X2Y2, and Sudoswap to find and buy digital assets based on Ethereum.

Alex Salnikov, co-founder and chief strategy officer of Rarible, told Cointelegraph that the current NFT platforms are “siloed” and that aggregation is the answer.

It makes it possible for users to get the best prices on NFTs through a single interface.

This news from Rarible comes after a report from DappRadar that mentioned upcoming “marketplace wars” with NFTs. In its report, DappRadar talked about other big platforms in the Web3 space, like Uniswap and OpenSea, which both bought NFT aggregator platforms in the past year.

OpenSea and Uniswap both bought third-party aggregators, but Rarible just switched its services to a model based on aggregation. The report says that these kinds of purchases could put platforms in direct competition with each other.

Rarible also added a way for users to lock their $RARI, the native token of the marketplace, to get rewards and incentives for participating in the ecosystem. Salnikov says that this is a step toward making the platform even less centralized.

“Users get to make decisions on where the ecosystem goes next. They have a say in Rarible’s future and that’s something you can’t get with just funds or an NFT.”

The Web3 community is talking a lot about how to make NFT marketplaces less centralized. A lot of people on Twitter have said that OpenSea and other market leaders are too centralized.

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