Representatives of the RARI Foundation have announced the launch of the test version of the RARI Chain network. The development team used Arbitrum Orbit technology to create a new third-level chain (L3), aimed at ensuring fair authorship rewards for the creation and ownership of non-fungible tokens (NFT).
"The RARI Chain network, developed with the needs of authors and collectors in mind, represents a key solution for NFT infrastructure. This chain, similar to EVM and based on Arbitrum, is designed to create an efficient, accessible, and developer-friendly NFT environment. It aims to ensure the enforcement of royalty rights for authors, collectors, and other market participants," noted the RARI Foundation.
The Rarible protocol supports its own NFT market, offering tools for creating new opportunities. Developers believe that the test network will open up broad prospects for authors, collectors, and developers in the ecosystem.
Yana Bertram, Head of Strategic Department at RARI Foundation, stated: "Authors have always been a key element in the growth and development of the NFT industry, contributing to the expansion of knowledge and penetration into the Web3 sector. It is important to provide them with the necessary tools and conditions for success, to support the sustainable development of the economy. We are convinced that cultural influence is an integral part of the future of the decentralized internet."
Nina Rong, Head of Ecosystem Development at Arbitrum Foundation, added: "RARI Chain has the potential to significantly impact authors and innovators in the NFT field. At Arbitrum Foundation, we believe that those who contribute to the industry's development should receive fair compensation for their efforts. Ensuring the enforcement of royalty rights at the network level is an important step towards achieving this goal."
