Royalty Fees
Last updated
Last updated
When an NFT is sold on our marketplace, royalty refers to a portion of the transaction going back to the NFT's creator, which is typically the project team itself.
The rates of royalty fees may vary amongst NFT projects. The confirmation window that appears when you buy/sell an NFT will always include a thorough fee description, as seen below:
'Service Fee' is the marketplace fee, and 'Creator Fee' is the royalty part.
For example, 1% means 1 percent of the sale price will be deducted from income and sent back to the project team when the NFT is sold.
To , please proceed to the section below:
