Uptick NFT Marketplace Fees

Gas Fees

Gas fees, also known as transaction fees or network fees, are the cost required to perform a transaction or execute a smart contract on a blockchain network.

Gas fees are typically paid in the native cryptocurrency of the blockchain network, which means users need to pay UPTICK as gas fees in Uptick Marketplace. The fee amount is determined by the complexity of the transaction or smart contract, the amount of data involved, and the current network congestion.

Creator Royalties

Creator royalties, also known as creator sharing, represents the percentage to be received from each subsequent resale.

We pay great attention to the rights and interests of creators, and hope to provide creators with a sustainable income method, rather than a one-off sale. Therefore, creators can decide whether to set Creator royalty, up to 10%, when publishing their NFTs.

Creators are advised to make careful considerations, as once the NFT minting is completed, the creator royalty cannot be modified.

Uptick Service Fee

In order to cover the operation and maintenance cost of Uptick NFT Marketplace, and also to aid development, the Uptick platform will charge a portion of UPTICK as the service fee:

List NFTs Charged according to the operation times, 0.1UPTICK/time

Submit Offer Charged according to the operation times, 0.03UPTICK/time

NFT Trades 5% of the actual sales amount will be charged

Due to factors such as market activities, the charged amount may differ slightly so please refer to the actual charged amount.