Hinata Marketplace Documentation
  • The Basics of Hinata.io
    • Using the Marketplace
    • User Account Types
    • Primary vs Secondary Sales
  • Getting Started
    • Connect Your Wallet to Hinata
    • Set up Your Hinata Profile
    • Claim Your Free NFT
  • Creating on Hinata
    • How to Become a Verified Creator
    • Create a Collection
    • Add a New NFT to Your Collection
  • Trading on Hinata
    • Buy an NFT from the Marketplace
    • List an NFT for Purchase
    • Creator Royalties and Platform Fees
  • Rewards on Hinata
    • EXP Program
    • Leaderboard
    • Claim & Stake
  • Glossary
  • Contracts
    • Whitelisted Collections
    • Hinata General Collection
    • Other Smart Contract Addresses In Use
  • Hinata DAO
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  • Creator royalties
  • Platform fees
  1. Trading on Hinata

Creator Royalties and Platform Fees

All transactions are subject to creator royalties and platform fees which are subtracted from the transaction amount. Platform fees for Hinata.io are currently set to 0%. Creator royalties for all collections deployed using the Hinata platform are decided at the time of contract creation. For the launch of the alpha, all creator royalties for external whitelisted collections are based upon current OpenSea collection settings.

Creator royalties

Creator royalties for individual collections can be set to a maximum of 98.5% of the transaction amount and split between three Ethereum addresses.

Note that setting collection royalties above 10% may discourage owners from listing NFTs on the secondary market.

Sales royalties are distributed at the time of purchase by marketplace contracts and are not subject to escrow.

Platform fees

Currently, Hinata.io is not charging any platform fee for primary and secondary NFT sales. In the future, fees will be capped at 1.5% and subject to a sliding scale based on account type, marketplace participation, and other factors.

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Last updated 2 years ago