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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