Angel League launches ‘TRIPPY’, a social NFT market with 0% secondary …
본문
The NFT secondary transaction fee refers to the royalty that the creator receives from the seller when the NFT work is traded between collectors after the NFT is minted (first creation) from the original creator. In OpenSea, the world's largest NFT market, 7.5% of secondary transaction fees were received from sellers. Since the secondary transaction fee in Trippy is 0%, current sellers in Tripi are offering items at 7-10% cheaper than OpenSea.
In the case of a project where the secondary transaction fee is set at 7.5% in most NFT markets, if you sell the NFT for 1,000 Klay(approximately KRW 1 million), you will receive 25 Klay (2.5% fee) to the market and 75 Klay to the project, and the seller In the end, you will get 900 Klay in your hands. If the same NFT is sold on Trippy, the seller will take 990 Klay excluding the Trippy transaction fee of 10 Klay (1%). When the price of NFT reaches hundreds of millions of won, the difference is large.
Currently, in Trippy, NFTs of various projects such as Meta Kongz and Doje Sound Club, which are representative projects in Korea, as well as Sunmiya Club, Shy Ghost Squad, Klaymfer, Gaia Protocol, and Treasures Club are being traded.
Oh Hyun Seok, CEO of Angel League, said, “Secondary transaction fees are derived from European copyright laws and are created to support creators. However, there is a question as to whether this should be applied equally to the project team that runs a business by selling more than 10,000 items that are different in nature from the artist who makes the artwork,” and "For users who want to trade NFTs with various price ranges 1:1, we launched a service that enables cheap and safe direct trading, such as the Daangn Market."
As a service opening event, Trippy will also hold trading fee events, such as providing the TRIPPY Membership Pass NFT, which collects all transaction fees during May and distributes the fees as a reward to the top 5 traders.
On the other hand, Trippy also provides an SNS function that allows users who log in with Kaikas or Metamask wallets to engage in community activities and talk to each other, and announced that they will provide a service with 0% secondary transaction fees for Ethereum in the future.
Maeil Business Researcher Jo Gwang Hyun [hyunc@mk.co.kr]
[ⓒ Maeil Business & mk.co.kr, unauthorized reproduction and redistribution prohibited]
