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The art market, onchain | $RARE
Ethereum
Joined April 2018
Our inaugural Liquid Edition, $VALUE, by @ripe0x now live on SuperRare. Collect the Liquid Edition and take part in a living piece of digital performance art. Link below πβ¬οΈ
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Today's algo on point
After the @XCOPYART flies mint I became fascinated with liquid markets for art. The mint was wild, but because everything was 1155 there wasn't really a go to secondary for it
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Who found the competing LP?! As the two pools approach parity, keep an eye on the Liquid Edition page for Phase 2 of Value Discovery π This is just the beginning!
TLDR on $value immediately after deploying the token on @superrare, i deployed a competing LP with an intentionally high 6.9% fee the high fee and low liquidity creates a price difference on the coin, causing the one asset to be priced differently in two places, and fuels the
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Liquid Editions lore just droppedπ
After the @XCOPYART flies mint I became fascinated with liquid markets for art. The mint was wild, but because everything was 1155 there wasn't really a go to secondary for it
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Super proud of the team for shipping this entirely new token type and collector experience on @SuperRare! Also epic dynamic art by @ripe0x π
Our inaugural Liquid Edition, $VALUE, by @ripe0x now live on SuperRare. Collect the Liquid Edition and take part in a living piece of digital performance art. Link below πβ¬οΈ
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@ripe0x Here's an FAQ for those who need a rundown β¬οΈ https://t.co/taBUwUHahs
Value Discovery is live TODAY at 12pm ET The inaugural Liquid Edition by @ripe0x, powered by @SuperRare. (Links and official CA to come at launchπ§΅π)
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@ripe0x Collect Liquid Edition: https://t.co/pAs0JH7ph4 Contract Address: 0x26f99499094004eba714b8bc11caa7556b760b02 Powered by $RARE
superrare.com
Value discovered in disagreement
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token trading goes live at 2pm on @superrare then the artwork contracts will take a few mins to get set up and start reflecting the price differences between the two pools
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2pm. Liquid Editions on @SuperRare π Value Discovery by @ripe0x π΅
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Update: Liquid Editions will be live at 2 pm. Thanks for sticking with us. See you soon π
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@ripe0x This is the final post in this thread. Please be cautious of impersonators and phishing accounts in the replies. Always verify the contract address and only interact through official links.
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@ripe0x To celebrate the launch, we are hosting a livestream watch party right here on X. Come join the community and watch the canvas evolve and react to the market in real-time. Stay tuned for link to join!
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@ripe0x As these events naturally occur, the NFTs will appear directly on the official collection page and go up for a 24-hour auction. Once the 12th event is captured, these pieces will serve as the final outputs for a physical print series.
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@ripe0x While the ERC-20 token evolves forever, there will be exactly 12 "Spread Event" NFTs minted, permanently capturing the art right before a price spread resolves. To be clear: these 12 are the only NFTs offered for now.
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@ripe0x A quick refresher: Liquid Editions are ERC-20 tokens that function as living, generative art. For "Value Discovery," the artwork (a US Dollar bill) emerges entirely from the price gap between two pools. Agreement produces nothing. Disagreement produces the image.
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