The Raresama Update (Jan 2023)
samaverse

The recent update of Raresama - the NFT marketplace of the Moonsama community - went with a bang and became the place to go in the Dotsama ecosystem regarding curated art, vivid community, and pleasant user experience.

TLDR;

  • Live on the Exosama Network, a fast, cheap, and secure blockchain, utilizing the native SAMA token;

  • Community governance, voting in artworks, collections, profiles, and platform updates;

  • New features/content - verified membership, showdown auctions, PODs collection, or artworks being migrated from other marketplaces/networks to Raresama.

It's artist focused and the most social marketplace out there. (Momsama)

TIP: Listen to the Moonsama Nation Twitter spaces featuring Momsama, the lead of Raresama, or read more about the recent update in the official Moonsama blogpost.

Exosama Network

Fast (~5s) transactions with negligible fees allow hassle-free bidding, purchases, transfers, governance votes, or any other blockchain interactions.

EXN is a layer 1 EVM chain, meaning users can easily switch from Ethereum, or any other EVM chain, using the same address/wallet. No complicated set-ups, all with a push of a button.

Powering Raresama by the Exosama Network will allow better integration into the Moonsama ecosystem, providing more utility for the art in the future.

It is planned to gradually migrate Moonsama NFTs from Moonriver and Moonbeam to Raresama, except for Gromlins.

Governance

Raresama's governance model is heavily artist and community oriented. Currently, votes are necessary for

  • verified profiles

  • artworks and collections

  • platform updates

Governance represents both an opportunity and responsibility for the voters, shaping the future of the marketplace. It is supposed to work as an anti-cheat/anti-spam mechanism and to bring quality content to the market.

Proposals on Raresama are snapshot-based - the user's SAMA balance determines voting power at the time of each proposal's creation. There has already been some controversy over proposals passing/not passing the governance. Time will tell how will artists and the community tackle the challenge. Indeed, there will be updates and improvements to the governance model to confirm the status of the most social NFT marketplace.

Features and content

Verified profiles

Let us stop by the verified profiles - they are an essential part of the curation process. Only verified profiles can create new proposals and launch/mint new artworks/collections. The lowest tier of verification allows users to take part in submitting votes. 

Showdown auctions

The showdown feature makes bidding a lot of fun. No more bot snipes at the very last moment, no gas wars. During the last five minutes of the auction, every new bid adds extra four minutes to the countdown. 

PODs collection

The Public Pressure pods found their home on the Raresama marketplace/exosama network. They are now tradeable, using all the features Raresama offers. Learn more about the PODs.

MCF

The Moonsama Community Fund is also present, collecting part of SAMA marketplace fees and expanding the community fund for future use. 

Migration

Not only the freshly minted pieces are filling up the marketplace. It's exciting to see artists migrating their art from other marketplaces to Raresama, making it an excellent place for art collectors and enthusiasts.

Examples of artwork/collections migrated to Raresama (EXN)
Examples of artwork/collections migrated to Raresama (EXN)

Dailysama auction spotlight

Follow us on Twitter; we post an auction spotlight every day - our picks of auctions ending soon/on that day. Never miss great art anymore! 

Comments