NETGEAR extends its commitment to NFT creators and collectors by joining the SuperRare DAO

NETGEAR extends its commitment to NFT creators and collectors by joining the SuperRare DAO

SAN JOSE, Calif.–(BUSINESS WIRE)–NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of award-winning connected products designed to simplify and enhance people’s lives, today announced a partnership with SuperRare, the pioneering marketplace for unique NFT artwork. NETGEAR will join the SuperRare DAO to help develop a licensing and royalty model for displaying NFTs on digital screens. The licensing model, which supports the display of curated SuperRare collections on the Meural platform, reinforces a vision both companies share to create new ways to interact with digital art, culture and collections.

Investing in the future of digital art

The acquisition of $RARE tokens and participation in the SuperRare DAO signals the start of a new era for NETGEAR and a redoubled commitment to creating a new model for digital art. Its involvement in the SuperRare DAO is designed to shape the future of decentralized curation, community organizing and artist empowerment.

Empowering artists

Meural by NETGEAR was founded on the belief that thoughtful use of technology could transform access and discovery of visual art and make it part of people’s daily lives. The platform, which consists of a distinctive WiFi-connected digital canvas, the Meural Art Library (the world’s largest streaming library of art and photography), the smartphone app and the web portal, was developed to engage new audiences in digital art while creating additional revenue streams for creators.

NFTs are now enabling the promise of the digital art world. “By introducing digital scarcity to art and collectibles, NFTs and blockchain technology have given new financial and creative powers to digital artists. NETGEAR supports this exciting development, and is committed to working with creators, collectors and enthusiasts to create a licensing model that reflects their interests,” said Poppy Simpson, senior product and content manager for NETGEAR’s Meural product line. “Working with SuperRare Labs to develop a licensing framework that the RARE community can support feels like a spiritual alignment between our brands to build a broader, more diverse art and curation ecosystem.”

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“We are thrilled to have NETGEAR join the SuperRare DAO,” said SuperRare co-founder and CEO John Crain. “We believe their expertise in building display technologies, licensing content and streaming art will help us push forward as we continue to build an open and fair future for digital art.”

Made for what inspires you

Meural has been part of the NETGEAR portfolio of Smart Home products since 2018 and helps advance the company’s vision of a fully connected world. The premium digital canvas can deliver a realistic art experience that can be controlled via gestures, desktop, mobile app or voice (Amazon Alexa). Meural Canvas empowers users to interact with their art daily through its library of over 30,000 licensed artworks and serves as the best media distribution platform for displaying visual art. The Meural platform frees NFT collections from the confines of digital wallets and allows owners to enjoy their purchased pieces on the walls of their home or office.

Designed as a marketplace to collect and trade unique single-edition digital artworks, SuperRare ensures that each artwork is authentically created by an artist in the network and tokenized as a crypto-collectible digital item that consumers can own and trade. Together with NETGEAR’s Meural platform, the two brands bring to life a program that unites technology for today and the art of the future.

NETGEAR’s partnership with SuperRare is the company’s latest foray into the NFT world, following recent integrations with leading crypto wallets Coinbase and MetaMask and a partnership with Async Art to add dynamic, programmable NFTs to the Meural library.

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Meural will also be featured in SuperRare’s pop-up gallery in the SoHo area of ​​New York, bringing together well-known NFT artists and the larger CryptoArt community. Open through August 28, SuperRare Gallery has a rotating program of five NFT exhibitions, some organized by the company’s in-house curatorial team, others by guest curators. In addition, Meural will showcase approximately 100 works, curated by SuperRare, on the Meural platform as the new licensing model is worked out.

Read more about Meural and NFTs or connect to Meural at TwitterInstagram and Facebook.

About NETGEAR, Inc.

NETGEAR® (NASDAQ: NTGR) has pioneered advanced networking technologies for homes, businesses and service providers worldwide since 1996 and leads the industry with a broad range of award-winning products designed to simplify and improve people’s lives. By enabling people to collaborate and connect to a world of information and entertainment, NETGEAR is dedicated to delivering innovative and advanced connected solutions ranging from mobile and cloud-based services for enhanced control and security, to smart networking products, video above Ethernet for Pro AV applications, easy-to-use WiFi solutions and performance gaming routers to enhance online gaming. The company is headquartered in San Jose, California, with offices around the world. More information is available from the NETGEAR press room or by calling (408) 907-8000. Connect to NETGEAR: TwitterFacebook, Instagram and the NETGEAR Blog at NETGEAR.com.

ABOUT SUPERRARE

Founded in 2018, SuperRare is a pioneering curated digital art marketplace built on the Ethereum blockchain. From the beginning, SuperRare has empowered artists to take control of their work and in new ways to flourish – with more than $300 million worth of NFT artwork bought and sold on the platform to date and more than $150 million going directly to artists. Designed around the concept of single edition artwork, SuperRare has opened up the art market to artists and collectors worldwide. And with the introduction of the $RARE curator token, SuperRare has continued to evolve into a community-led network of galleries with its own curatorial vision.

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To learn more visit: superrare.com/rare.

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