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
Last updated