Cryptocurrency Q&A
How much is the commission on SuperRare?
How much is the commission on SuperRare?
Martino
Sun Jul 21 2024
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5 answers
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As a keen observer of the cryptocurrency and digital art markets, I'm particularly interested in SuperRare, a platform that allows artists to tokenize and sell their work. However, before I proceed with any transactions, I'd like to have a clear understanding of the financial implications. Specifically, I'm wondering: how much is the commission charged by SuperRare on each transaction? Understanding this upfront cost is crucial for both the artist and the buyer, as it impacts the overall profitability and investment decision. I'd appreciate a detailed breakdown of the commission structure and any associated fees, as this will help me make an informed decision.
5 answers
DaeguDivaDanceQueenElegance
Tue Jul 23 2024
In the context of seller fees, SuperRare has implemented a commission structure that is favorable for creators.
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CryptoChampion
Tue Jul 23 2024
Specifically, SuperRare takes a 15% commission on primary sales, ensuring that the artist receives a substantial portion of the sale price. This means that creators retain 85% of the proceeds from their artwork sales.
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MichaelSmith
Tue Jul 23 2024
The introduction of digital art auctions has revolutionized the way collectors engage with artistic pieces.
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Nicola
Tue Jul 23 2024
Collectors now have the flexibility to bid on artworks without the need for a live auction, allowing them to participate remotely and at their convenience.
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SumoPowerful
Tue Jul 23 2024
This shift in the auction process has reduced the reliance on traditional auction houses and has opened up new opportunities for artists and collectors.
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