Secondary Marketplace
Unlocking Continuous Revenue Through Resale
The "Secondary Marketplace" is an integral component of the KIIWE Network, drawing inspiration from platforms like OpenSea. It addresses a crucial aspect of the digital content lifecycle: the resale of NFTs obtained either through crowdfunding or direct token sales.
Key Features:
Seamless Trading of NFTs: Just like OpenSea, the Secondary Marketplace offers a platform for the trading of NFTs acquired from various sources within the ecosystem. This marketplace ensures that NFTs representing anything from digital art to event tickets can be traded securely and efficiently.
Continuous Royalty Streams for Creators: A standout feature is the continuous royalty income for creators. With each transaction on the secondary market, a predetermined percentage of the sale is allocated as royalties to the original creator. This creates a sustainable revenue model, ensuring that creators benefit from their work long after the initial sale.
Enhanced Visibility and Market Dynamics: The secondary marketplace also serves as a hub for market dynamics, where the demand and popularity of certain NFTs can be gauged, giving creators insights into their audience's preferences.
Community-Driven Economy: This marketplace fosters a community-driven economy, encouraging active participation from fans and collectors. It's a space where the value of digital assets is recognized and traded, aligning with the ethos of Web3 and decentralized finance.
Last updated