Just look up Rarible washtrading on google. The way it is distributed is that every week, top buyers and sellers get a percentage of 75k RARI, depending on how much they spent.
So people are buying this pointless art from themselves. 20 ETH worth washtraded gives you easily 5% of the total weekly distribution, that's 3750 RARI weekly or about 10k USD every week, which you get to dumb for simply trading 20 ETH to yourself.
These are the people making RARI thread and hyping it up, just because Andre Cronje got excited about an NFT marketplace. Those insurances that are being sold there are pretty nifty but currently pointless. You save very little selling them over just canceling them, since no one is interested in buying one on RARI over making their own. That may change but that's what it is now.
I would have exploited this thing myself but don't want to get in trouble 2 years down the line over some washtrading (which is illegal). So I'm warning you fucking retards.
>That means 110m cap for literally the project thats going to spearhead the NFT revolution FUD >1b cap at least, so around $1k a coin would do justice in the long term it's a future multi-billion marketcap project for sure
Gavin Lopez
anons, the plan is for us to buy up all the circulating supply and hold so the price goes in a straight line up to $100-$1000 and then sell on binance. this is how vc's do it.
Robert Cook
Bought 4 Eth worth, this shit is so undervalued, I don't think chico has shilled this yet though, as soon as YouTubers pick up on this and everybody sees what this is it will rocket to 100M cap easy
Jack Hernandez
Chico shilled NFT a week ago. He's gonna love RARI
Nicholas Sanchez
WE WUZ VCS
Christian Butler
have you got a link to the video?
Brody Thompson
Yeah, every single big youtuber is big on NFTs as the next big thing
Nicholas Phillips
Wouldn’t be surprised if he mentions it next vid
Jacob Gomez
were you the madman who bought $130k of this yesterday? congratulations user, we're gonna maek it
Nicholas Jackson
Boggles the mind how people are sat there saying "I'll buy after it dumps, this hasn't even pumped, you call a 3M marketcap a massive pump? One youtuber could probably 2x the marketcap with a video alone
Joshua Gray
>were you the madman who bought $130k of this yesterday yeah. i'm still buying at these prices
John Gray
gonna make it
Jaxon Phillips
jelly I could afford only 1k rari why was I born in this shithole 3rd world country ffs
good luck user, godspeed
Jaxon Richardson
Guys i only have 68 rari should i dump everything i got for this? I know my biz bros will look out for me and not scam me
Bentley Jones
What do you think of Statera?
Luis Thompson
I never recommend going all in but if you really want to, wait for a nice dump and then go all in.
Jeremiah Morales
Probably not the worst thing you could go all in on