SuperRare Launches Private Sales Service for Digital Artworks

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SuperRare’s private sales service enhances onchain transactions, maintaining provenance and royalties.

The service offers personalized outreach and negotiations for high-value digital artworks.

Private sales are becoming a preferred method for important digital art transactions over auctions.

SuperRare, a well-known platform for digital art, has introduced a new private sales service to facilitate the buying and selling of high-value digital artworks. 

This service marks a significant shift in how transactions for digital art will be conducted, emphasizing the importance of maintaining provenance and royalties while offering a more personalized experience for buyers and sellers.

To clarify, this service is our unique take on “private sales.”Since day 1, strong provenance and royalties have been core to our beliefs, and that will never change. We care deeply about maintaining the importance of these works and their place in art history.Sales through… https://t.co/Y6vBhvppqi— SuperRare (@SuperRare) September 6, 2024

Since its inception, SuperRare has prioritized the preservation of strong provenance and the assurance of royalties, principles that remain at the core of its operations. The introduction of this private sales service aligns with these values, ensuring that all transactions continue to take place onchain. 

This approach distinguishes SuperRare from over-the-counter (OTC) offerings, which often bypass these critical elements of digital art sales.

The private sales service on SuperRare is designed to offer a more hands-on approach to the sales process. Unlike traditional auction models, this service allows SuperRare to manage the outreach, negotiations, and final sale of artworks privately before a price is agreed upon. 

This method provides both buyers and sellers with a more customized and private experience, catering to the specific needs of high-profile digital art transactions.

As the digital art market continues to grow, there is a growing trend toward private sales as a preferred method for transacting high-value artworks. SuperRare’s new service is poised to capture a significant share of this market by offering an alternative to traditional auctions. 

This model is particularly appealing to sellers who are concerned with not only achieving the best possible price but also ensuring that their artworks find a suitable home.

Offering private sales services, SuperRare is an outstanding example of how the contemporary digital art market can develop under the influence of an early-stage NFT market. 

 With time, such services are expected to gain high demand as the market for art digitalization grows; they create a secure transaction environment for all players.

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