In the name of long term health and growth of the ecosystem, we will now see Gods Unchained royalty fees for all secondary market transactions. This comes as no surprise as it has always been in the original whitepaper. In essence, royalty fees reward the original creators of the items by allowing them to retain a small percentage of the transactions in the secondary market.
Introducing the Gods Unchained royalty fees
According to the Gods Unchained team, charging royalty fees will directly benefit both the creators and players within the ecosystem. Although the fees will incur in all secondary market NFT transactions within the game, 20% will go into the $GODS staking pool. As long as everyone continues to benefit from the game, it will help to create a more sustainable play-to-earn ecosystem.
However, the impact is minimal given that the fees will only range between <$0.001 to $0.14 per…
