💰Fees and Royalty

Explore the transparent fee structure and royalty mechanisms that define Omnibal's commitment to fair compensation for creators and contributors.

Overview

📊 Transparent Fee Structure

Experience Omnibal's commitment to clarity with a straightforward fee structure, ensuring transparency in every transaction. Understand precisely how fees are distributed, fostering the sustainability of the platform.

👑 Empowering Creators with Royalties

On the Omnibal marketplace, creators have the autonomy to set desirable royalties for their NFTs. They receive these royalties when NFTs trade within the Omnibal marketplaces, offering creators a direct and instant source of income.

Omnibal Claim Fees

🔄 Initial Claim Fees: 1.5%

When a user initially claims an NFT, a 1.5% fee is deducted. This fee does not apply to free-to-claim NFTs, ensuring accessibility for the community.

Omnibal Trade Fees

🔄 Trade Fees: 1.5%

For NFTs traded within the Omnibal platform, a 1.5% fee is applied. If the creator has opted in for royalties, an additional royalty fee may be included, allowing creators flexibility in revenue generation.

Fee Summary Within the Platform

Platform Fees: 1.5%

A standard 1.5% fee for all transactions within the Omnibal platform.

Omnibal is evolving its fee structure to prioritize fairness and transparency. This update ensures that creators receive equitable compensation for their contributions while upholding accessibility for the wider community.