๐Royalties and Fees
Royalties:
Mogul may work with select artists to do NFT drops that will feature a royalty.
Royalties are set by the seller and will be sent directly to the original creator when a sale happens, Mogul earns no part of the royalty.
The royalty percentage, for example, 5% will be paid on every sale directly to the original creator (the artist's) wallet
Fees:
To encourage the use of STARS on the Mogul NFT Marketplace, there is a 5% marketplace fee in place. If an item is sold/purchased in STARS, the buyer receives a 5% discount on the NFT and the seller receives a 2.5% discount on the marketplace fee.
When an NFT drops in partnership with a creator there is a percentage split of funds that are shared between the creator and Mogul (negotiated on a project-by-project basis).
A portion of the funds that are directed to Mogul is used to purchase STARS and offer them as rewards to STARS farmers through our farming contracts or for our Supernova STARS events.
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