Fee on Antarctica Realty (ANTR)

There are three types of fees associated with using Antarctica Realty (ANTR)

  • Protocol Fees

  • Gas Fees

  • Marketplace Fee

Fees are additional amounts that a user pays on top of a base price of an asset. These can be imposed by various entities. The following table illustrates the fees on Antarctica Realty (ANTR).

Entity

Type of Fee

Amount

Example

Antarctica Realty (ANTR)

Protocol

2% of every NFT trade

Alice lists an NFT for 1 BNB on a marketplace. When Bob purchases this NFT, he would need to pay 1.02 BNB where 1 BNB goes to Alice and 0.02 BNB goes to Antarctica Realty (ANTR).

3rd parties builds marketplace via Antarctica Realty (ANTR)

Maker Marketplace Fee

"Decided by 3rd platforms"

Alice wishes to receive 0.99 BNB for her NFT assets and lists it on a marketplace that imposes a maker fee of 1%. Therefore, the price that the asset will be listed for on the marketplace is 1 BNB.

3rd parties builds marketplace via Antarctica Realty (ANTR)

Taker Marketplace Fee

Decided by 3rd platforms

Alice wishes to receive 1 BNB for her NFT assets and lists it on a marketplace. Bob wishes to buy the asset from a different marketplace that imposes a taker fee of 1% and marketplace fee is 1.5% and will therefore be presented with a buying price of 1.025 BNB inclusive of the taker marketplace fee.

Collection royalty recipient, ie. owner of an NFT smart contract

Royalty

Decided by Creators

Alice mints a collection of assets on Antarctica Realty (ANTR) and sets a 5% royalty for every asset in the collection to go to her.

Bob owns an asset from Alice's collection and sets the sale price of 1 BNB. The marketplace on which he lists the asset will display a selling price of 1 BNB.

When Ciaran comes along and buys this asset, he pays 1.05 BNB, 1 BNB of which goes to Bob, and 0.05 BNB goes to Alice.

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