Saturday, June 10, 2023

Gods Unchained Announces Secondary Market Royalty Fees

Within the title of long-term well being and progress of the ecosystem, we are going to now see Gods Unchained royalty charges for all secondary market transactions. This comes as no shock because it has all the time been within the unique whitepaper. In essence, royalty charges reward the unique creators of the objects by permitting them to retain a small proportion of the transactions within the secondary market.

Gods Unchained royalty fees
Adjustments are coming to the Gods Unchained ecosystem. Are you onboard? Credit score: @GodsUnchained

Introducing the Gods Unchained royalty charges

In accordance with the Gods Unchained crew, charging royalty charges will immediately profit each the creators and gamers throughout the ecosystem. Though the charges will incur in all secondary market NFT transactions throughout the sport, 20% will go into the $GODS staking pool. So long as everybody continues to learn from the sport, it’s going to assist to create a extra sustainable play-to-earn ecosystem.

Nevertheless, the influence is minimal provided that the charges will solely vary from <$0.001 to $0.14 per transaction. Diamond playing cards have the bottom price proportion since they’re the costliest tier. The crew will maintain the charges low as they wish to encourage extra folks to commerce these playing cards. That is adopted by Gold, Shadow, and lastly the Meteorite card high quality. Meteorite represents the most typical card and is accessible on the lowest value.

The team will begin to roll out these updates however it could take as much as 2 weeks earlier than it may full them. That is because of the sheer variety of digital belongings that exist already within the sport at this level.

Together with the great folks at Immutable, the crew is doubling down on their dedication to long-term success. In doing so, the builders will proceed to align their targets with these of the lively members within the sport.


All funding/monetary opinions expressed by usually are not suggestions.

This text is academic materials.

As all the time, make your individual analysis prior to creating any type of funding.

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