SuperRare Integrates Chainlink To Support NFT Transfers Across Base And Ethereum

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SuperRare,
the
digital
asset
market
platform
created
on
the
Ethereum
ecosystem,
has
integrated
Chainlink’s
cross-chain
interoperability
protocol
(CCIP)
on
its
native
token,
$RARE,
to
support
highly
secure
transfers
across
Ethereum
and
Base,
a
layer-two
blockchain
network
operating
on
top
of
the
Ethereum
ecosystem.
In
this
article,
we
shall
assess
in-depth
what
this
new
integration
entails.

SuperRare
Taps
Chainlink
To
Support
NFT
Transfers

In
an
October
18
blog
post,
the
SuperRare
NFT
market
platform
confirmed
integrating
the
Chainlink
network
into
its
non-fungible
token
coin,
$RARE.
Under
this
integration,
SuperRare
anticipates
leveraging
Chainlink
capabilities
and
functionality
to
offer
secure
transfers
across
Ethereum
and
Base,
a
layer-two
blockchain
network
operating
on
top
of
the
Ethereum
ecosystem.

Launched
in
April
2018,
SuperRare
is
a
digital
marketplace
for
aspiring
digital
artists
and
fine
art
collectors.
It
allows
users
to
issue,
collect,
and
trade
rare
NFTs
on
the
Ethereum
blockchain.
On
this
platform,
NFT
artworks
are
minted
directly
by
the
original
artist
from
their
own
unique
wallet
address,
with
every
previous
bid,
sale,
and
collector
forever
recorded
in
the
token’s
history
on
the
blockchain.

SuperRare
NFT
marketplace
features
$RARE,
its
governance
crypto
token.
$RARE
allows
the
community
to
have
an
active
voice
in
curation
via
Space
Races
and
in
the
broader
decision-making
process
for
the
future
of
SuperRare.
With
$RARE,
holders
can
participate
in
SuperRare
governance
via
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
main
net.
The
network
is
intended
to
facilitate
the
transfer
of
tamper-proof
data
from
off-chain
sources
to
on-chain
smart
contracts.
Chainlink
connects
the
real
world
to
burgeoning
blockchain
technology,
enabling
developers,
startups,
and
enterprises
to
build
tangible
use
cases
that
unlock
real
value
in
Web3.

Under
the
new
integration,
SuperRare
anticipates
leveraging
Chainlink
CCIPs
to
support
secure
transfers
of
its
NFT
coin
$RARE
across
the
Ethereum
and
Base
blockchain
networks.
CCIP
is
a
protocol
that
enables
users
to
programmatically
transfer
tokens
from
one
blockchain
to
another
via
lock-and-mint
or
burn-and-mint
mechanisms
and
attach
arbitrary
data
commands.

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