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Fee usage

The team won't take any fees upfront when an NFT is purchased from auction. The team will be paid only 1% of resales and from the profits generated from the treasury.

NFT sale

  • Sale through a marketplace (e.g. OpenSea)
    • Fee on sale 10%
      • 90% - treasury (9% of total sale)
      • 10% - team (1% of total sale)

Treasury profits

  • 10% of the revenue produced by auctions will be used by set aside to a team fund

Usage of fees

This is what fee payments will be used for:
  • Team & researcher's salaries
  • Marketing
  • Advisors
  • Servers and infrastructure
  • Development of features in the Dapp and ecosystem