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Rarible has unveiled a redesigned NFT marketplace with a novel sustainability model. The platform now directs transaction fees into token buybacks to reward active traders. This approach aims to create a more enduring alternative to previous incentive schemes.
- Platform redirects transaction fees to fund token buybacks instead of relying on fixed token allocations
- Rewards are distributed to active traders to create sustainable engagement incentives
- Designed as a direct response to unsustainable models in previous NFT marketplace ecosystems
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