Fees Structure

The fee structure on our NFT market is designed to be fair and transparent for both creators and collectors, buyers and sellers alike.

Included are:

Transaction fees on ASDI Marketplcae : For sellers, typically a 1.5% fee is applied for each successful NFT transaction. The buyer does not pay this fee.

ASDI Education smart contract interaction fee: used in ASDI Edu (when users claim rewards from the learning program, users only need to pay $0.1 for each reward).

Gas Fee (or Blockchain Fee): Gas fees are deducted for transactions, and this fee varies depending on network congestion and the complexity of the smart contract. Gas fees are transferred directly to block miners, those who validate and process transactions on the blockchain. The remaining amount is sent to the seller's wallet address, minus any royalty money they have set for their NFT.

Royalty Fee: Calculated as a percentage of the sale price that the original creator receives each time their NFT is resold on the secondary market. Royalties are optional and can be set by the creator at the time of minting their NFT. Our platform supports royalties up to 10%, which can be a great source of passive income for artists and creators..

Depending on the stage, the platform fee and royalty fee can change to suit our users and our development strategy.

There are no hidden fees; everything is transparent. Users can track specific fees at the time of the transaction on the ASDI homepage.