The Ethereum-powered nonfungible token (NFT) marketplace Rarible reportedly revealed details of its platform upgrade to Rarible 2 on Oct. 20.

Specifically, the NFT marketplace claims it is rolling out new aggregation tools to display NFTs from throughout the Web3 sphere. This means users are able to browse and buy Ethereum-based digital assets from Rarible, OpenSea, LooksRare, X2Y2 and Sudoswap.

Alex Salnikov, the chief strategy officer and co-founder of Rarible, additionally disclosed that the NFT platforms they have now are “siloed,” and aggregation will be the measure to change that. 

“It creates an open environment where users can access the best prices for NFTs all through one interface.”

This update from Rarible surfaces following a report from DappRadar, which shared hints for an impending NFT “marketplace wars.” Insights from DappRadar underscored other top-tier platforms in the Web3 sphere, nominally Uniswap and OpenSea, both of which completed acquisitions of NFT aggregator platforms in 2021.

While OpenSea and Uniswap finalized the buyout for outside aggregators, Rarible simply turned into its services to an aggregation-based model. The report says that such acquisitions could stir up direct competition between platforms.

Rarible additionally released a mechanism where users are able to lock up their RARI, the native token of the marketplace, to earn rewards and incentives for ecosystem participation. Per Salnikov, this is a development for further decentralization of the platform. 

“Users get to make decisions on where the ecosystem goes next. They have a say in Rarible’s future and that’s something you can’t get with just funds or an NFT.”

The decentralization of NFT marketplaces is a relevant discussion within the Web3 community. Many on Twitter have been calling out market dominators like OpenSea for being too centralized.