MiFuTo - WHITEPAPER
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Marketplace
After 50% of collection minted, Marketplace will be unlocked (in 72h). We will release our custom marketplace that earns royalties. Purchases on this market will also be reflected to MFT Holders.
The fees of our marketplace will be 4% on each purchase/sale. More than 80% of the fees will be reflected to the holders of our collection, in accordance with the tier assigned to their NFT. The holder can make the claim of these rewards in the wallet section on the mifuto.com website.
Each NFT of our collection belongs to a tier, and each tier has a dedicated share of the reflected fees, related to the rarity of the tier:
  • Legendary tier is the rarest (only 20 of 10000 NFT), so each owned legendary NFT grants 300x the base reward granted to a common NFT. The total share reserved to the rewards of the 20 legendary NFT is 18.5% of the marketplaces' fees.
  • Rare tier's rarity is in the middle (2500 of 10000 NFT), and each owned rare NFT grants 5x the base reward granted to a common NFT. The total share reserved to the rewards of the 2500 rare NFT is the biggest share: 38.5% of the marketplaces' fees.
  • Common tier is the least rare (7480 of 10000 NFT), and the total share reserved to the rewards of the 7480 common NFT is 23% of the marketplaces' fees.
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