Cryptocurrency Q&A
How much does SuperRare minting cost?
How much does SuperRare minting cost?
SejongWisdom
Tue Jul 23 2024
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6 answers
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I'm curious to understand the financial implications of minting on SuperRare. Could you elaborate on the costs involved in the minting process? Is there a standard fee that applies to all transactions, or does it vary based on factors like the complexity of the artwork or the current network conditions? Also, is there a transaction fee charged by SuperRare in addition to any potential blockchain fees? It would be helpful to have a general understanding of the overall cost structure when considering the minting of digital artworks on this platform.
6 answers
DondaejiDelightfulCharm
Wed Jul 24 2024
Meanwhile, SuperRare, as the platform facilitating the transaction, retains a commission fee of 15%.
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EnchantedMoon
Wed Jul 24 2024
In the realm of art sales, the initial offering of a work, widely known as a "mint sale", signifies a direct transaction between the artist and the buyer after the artwork's creation.
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Federico
Wed Jul 24 2024
This commission covers operational costs and ensures the continued provision of services for the art community.
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isabella_doe_socialworker
Wed Jul 24 2024
The artist is entitled to a significant portion of the proceeds from this sale, specifically 85% of the total sale price.
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Dario
Wed Jul 24 2024
Following the initial mint sale, any subsequent sales of the artwork are deemed secondary sales.
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