FeNXT
  • Read This
    • Disclaimer
    • Terms and Conditions
  • Problems
  • Solutions
  • Market Validation
  • Amount to Raise- MVP
  • Fund Raising
  • Revenue Sources
    • Royalties
    • Marketing
    • Transaction Fee
    • Future Potential Revenue Sources
  • Token Distribution
  • Pages
    • Landing
      • Search
    • Explore NFTs
    • Sorting
    • NFT Detail
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        • Import New Collection
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  • Technology
    • Frontend
    • Databases
    • Smart Contracts
      • FeNXT ERC20 Token
      • ERC20 Distributor Contract
      • Platform Fee Collector and Distributor Contract
      • FeNXT NFTs (ERC721 + Charged Particles)
      • Custom Conduit
      • Gnosis Safe Multisig and Configuration
    • Backend
    • Platform Security
    • Permanent Storage
    • Website
  • DAO Members
    • Artist Communities
    • Voting in Other DAOs
  • Community Outreach
    • In Real Life- Physical
      • Billboards
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      • Art Studios
      • Events
    • Non-Physical
      • Standards and Guiding Frameworks
        • Project Drawdown
        • Sustainable Development Goals
      • Signing Petitions and Alliances
      • Word of Mouth
  • Forking Benefits
  • In Real Life Entity
  • Future Improvements
    • FeNXT NFT
    • Quadratic Funding
    • NFT Licensing
    • DEX
    • Loans on NFTs
    • Dynamic NFTs
    • On Reserve
    • NFT Minting Protocol
    • Unbroken Royalties
    • Recruiting More Artists
    • NFT Gifting
    • Blockchain Agnostic
    • Yield Bearing
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  1. Revenue Sources

Transaction Fee

Primary revenue source will be a percentage fee placed on the trading of NFTs. Well known marketplaces (Rarible, Opensea) charge a 2.5% fee, our marketplace will charge a 1% fee for the maintenance of the marketplace and a 1% fee to go to public good projects. This fee may be eliminated altogether for the maintenance of the marketplace if other revenue sources prove viable and the DAO deems it appropriate.

Additional Fee- Royalty

One additional royalty % and payout address, owner’s choice. This royalty is paid out for each transaction of that NFT. (Autopopulated from opensea, but owners can overide royalty percentages and payout addresses)

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Last updated 2 years ago