Are there any service charges, royalties or gas charges?
OSB LaunchPad will generate a basic commission of 2% or more depending on the sale of NFTs.
Regarding the royalty set at the time of creation, it will be delivered to the designated address excluding the basic commission (2% ~) when the sale in the market is successful.
OSB LaunchPad receives a base commission, sellers make sales, and creators receive royalties from the secondary market.
A portion of the commissions received by OSB LaunchPad will be allocated to funds for donations and support.
Since it is necessary to execute each transaction, a gas fee will be charged separately.
The gas fee is paid to the miner who executes the transaction and is the worker (an arbitrary participant who is responsible for processing such as approval and recording of the transaction on its own computer). The price of gas is not a fixed price and can be arbitrarily set by the transaction submitter (producer).
Note: For the following project types, gas fees are not required:
・Gift NFTs / Free Claim NFTs
・Support to Earn (In some cases of sales, gas fees may also be unnecessary. This depends on the preferences specified by the creator/project owner.)”
Was this helpful?
0 / 0