RareMall NFT Marketplace
  • FAQs
  • About RareMall
    • 1. What is the essence of RareMall?
    • 2. How can I connect with RareMall’s Admin?
  • Sell & Buy
    • 1. How do I make an offer on NFTs?
    • 2. How do I buy fixed-price NFTs?
    • 3. How can I check the history of an NFT?
    • 4. Can I list an item without paying to “mint’’ it?
    • 5. Can I make a listing that doesn’t expire?
    • 6. What file format can I use to make NFTs? Is there a maximum size?
    • 7. Are my NFTs viewable on other platforms?
  • Auction
    • 1. How do auctions work?
    • 2. What is the floor price?
    • 3. Is there the lowest bid requirement
  • Royalties & Fees
    • 1. How do royalties work on RareMall?
    • 2. What fees do I pay for my first listing?
    • 3. Who pay the gas fees?
  • Payment & Transaction
    • 1. Which wallet can I use in payment?
    • 2. Which cryptocurrencies do you support for RareMall pay?
  • Technical questions
    • 1. What if I forget my account’s password?
    • 2. How to close a RareMall’s account?
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  1. Royalties & Fees

1. How do royalties work on RareMall?

Each NFT transaction includes royalties - a reward for an NFT’s creator for their online work.

At RareMall, NFT creators can absolutely receive the royalties up to 10%. This tutorial will show you how to achieve that.

How to set royalties on RareMall

  • Step 1: Simply going to your collection editor and make changes in the fee field. The maximum loyalty you can set is up to 10%.

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  • Step 2: Then filling in the wallet address you’re about to receive the loyalties.

Please note that royalties are also paid in initial sales (sales by you). It means when you sell an NFT for the first time, you will also receive the loyalty for that transaction.

Receiving Royalties

Royalties will be paid to the registered wallet address once a month. To view your royalty payouts, select Royalty button

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Last updated 3 years ago

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