Gods Unchained: Secondary Market Royalty Fees

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It is somewhat official people, with the long term health and prosperous growth of the ecosystem, Gods Unchained has announced royalty fees for all secondary market transactions. Do not act too surprised! We knew this was coming. It has always been written in the original whitepaper. The royalty fees will reward the original creators of the items by allowing them to retain a small percentage of the transactions in the secondary market. It really is exciting, so hop on board and learn more.

The Gods Unchained team has stated that charging royalty fees will directly be benefiting both the creators and players that are within the ecosystem. The fees will incur in all secondary market NFT transactions within the game and the staking pool,  $GODS will get 20%. It can be presumed that this will create a somewhat more sustainable play-to-earn ecosystem if it keeps on benefiting everything in the long run.

It can be seen that the impact is only minimal as the fees will range between <$0.001 to $0.14 per transaction. The diamond cards have the lowest fee percentage and they are the most expensive tier. The team wants to keep the fees low as they want to encourage and allow more people to trade these cards. The other cards are Gold, Shadow, and Meteorite card quality. Meteorite, the most common card is available at the lowest cost.

The team has even stated that the updates would be available soon but it would take 2 weeks to be completed as the number of digital assets that are already existing in the game at the current moment are huge. With Immutable, they are hoping to double down their commitment and strive toward a huge success. The developers will try to align their goals with active participants in the game and we can surely hope that it is going to be a great venture. 

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