RARI Foundation announced the launch of RARI Chain, specifically designed for NFT creators, ensuring they permanently receive royalties in every project. RARI Chain is an EVM-compatible chain built on Arbitrum and has opened its public testnet today. The chain is committed to providing a low-cost, high-performance, and developer-friendly environment for Web3 creators and developers, and enforces royalty policies at the node level.

Rarible has launched RaribleX, a turnkey NFT marketplace designed for web2 brands and web3 developers looking to enhance their digital communities. RaribleX simplifies the NFT journey for creators, developers, and their audiences, and offers features such as seamless NFT drops, deep liquidity across chains, monetization options, and a tailored brand experience. <br>

Astar Network, a Polkadot-based smart contract platform, announced a partnership with Rarible to mint the first NFT "Midnight in Tokyo" on its zkEVM testnet.

NFT market Rarible announced that starting at 9:00 am Eastern Time on October 27th, Rarible.com will adopt a new decreasing fee structure to replace the current fixed commission, and can choose to completely waive platform fees. The new fee structure is based on the US dollar price of the NFT being traded at the time of sale, as follows: above $4,000: 0.5% for each party (buyer and seller); $2,000-$4,000: 1% for each party; $400-$2,000: 2.5% for each party; $100-$400: 5% for each party; $0-$100: 7.5% for each party.