System fee

Nemogem’s fee structure consists of Management Fee and Performance Fee:

Management Fee

Management Fee is the Fee charged when NFT buyers choose to return their NFT.
Management Fee = ( Listing Price - Buyback Price) * 15%
In case the Listing Price equals the Buyback Price, the Management Fee would be zero.

Performance Fee:

Performance Fee is the fee charged when the NFT buyer does not return the NFT. In this case, it could be considered that Nemogem has helped the seller to sell the NFT.
Performance Fee = Listing Price * Commission Rate
The Default Commission Rate of Nemogem is 2.5%.
However, according to the agreement with Nemogem’s Partners, this rate could be customized appropriately.
Find out more about commission rates here