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All about the market
How to connect Metamask to the market?
The market supports Metamask, here is how to connect your Metamask wallet to the market. Go to your wallets overview Press the button 'Connect Metamask' When Metamask is successfully connected a new wallet will appear in the overview. Connect Metamask to your Arkane Market account Extra Can I use my Metamask wallet to *
How do I edit the price of a listing?
Once you've put up an NFT for sale, you can edit its price Navigate to your NFT that is up for sale via your listings Click the three dots in the right top corner Click edit offer Change the price
How do I cancel an NFT sale?
To cancel an NFT listing Go to your Listings page Select the NFT sale you want to cancel Press the three dots in the right top corner Press cancel offer
What are the fees?
Venly Market Fees Verified Collections (includes blue ticker) Market fee: 2% Royalties NFT Creator: (0 - 10%) Unverified Collections (contract owner unknown) Market fee: 2% Royalty NFT creator: standard 10% Detailed overview fees
I sold my NFT but received less USDC than the price it was listed for?
For each successful sale a fee is taken. The market takes a 2% commission and another % commission (royalties) goes to the NFT creator. You can find more info about the marketplace fees here.
What is an NFT marketplace?
It is a peer-to-peer exchange platform for digital goods, including collectibles, gaming items, digital art, and other digital assets that are stored on a blockchain. Like other physical markets, the marketplace for NFT is also a market, and the only difference is that it is a digital marketplace. NFT marketplace is the new age marketplace where you can buy, sell, trade, auction any digital works around the world. With the growing popularity and increasing valuation, it is safe to assume that
Why do I have to approve NFT purchases on Hedera
In case the NFT lives on the Hedera blockchain and the buyer has not yet performed a token association between his wallet and the NFT, then there's an extra approval step. This only needs to happen once per wallet and per NFT collection. Approve a Hedera NFT
How to auction an NFT
An NFT auction is a type of sale where the seller sets the opening bid and the duration of the sale, once a seller places the auction parameters on the NFT, people who are interested are free to bid within the stipulated timeframe, at the end of the set duration the item is given to the highest bidder. In auction buyers usually place their bids based on how much they're willing to pay for the NFT. Here are the differences between an NFT auction and a fixed price selling of an NFT: In co
What are the Royalties in the marketplace?
NFT royalties or royalty fees give you a percentage of the sale price each time your NFT creation is sold on our Venly Market. Royalties are fees that the NFT smart contract owner receives for every secondary sale that is made from one party to another for the ongoing use of their assets, no matter how many secondary sales occur, the royalties will always be paid back to the original contract owner. Despite what’s being generally assumed, royalties are not automatically distributed at a