Does the creator of the NFTs get a commission every time an NFT is sold?
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Does the creator of the NFTs get a commission every time an NFT is sold?
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No, it gets the price for the initial sale. As the ownership moves when performing a sale, the new owner will get the requested price and so on. Still, there is a 10% commision on Atomic Hub that the platform will take from any sale.
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I tried to list an item and looks like the creator gets a fee every time the NFT is resold. It is called "collection fee", and "marketplace fee" I think is the fee for using AtomicHub. What I don't know is "tokenomics fee", but probably refers to a fee to be distributed to stakers or to be burned.
For AlienWorlds the Colletion Fee is 1% and for Crpomonkeys is 7%. You can check here https://wax.atomichub.io/explorer/collection/crptomonkeys
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Indeed you might be right on that. As I didn't create any NFTs nor do I have the artistic talent to do so, I have overlooked that aspect.
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yeah from what i know each artist can choose a certain collection fee and earn from there as well
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