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.
- Sale through a marketplace (e.g. OpenSea)
- Fee on sale 10%
- 90% - treasury (9% of total sale)
- 10% - team (1% of total sale)
- 10% of the revenue produced by auctions will be used by set aside to a team fund
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 modified 3mo ago