How does the platform track secondary sales?
The platform tracks secondary sales (including royalties) off-chain and builds an internal ledger. We maintain a robust record of every transaction that will be available to your team for tracking, bookkeeping, and reporting.
The collegiate space is changing more regularly than ever before. We developed Dynamic Royalties™️ to allow you to update your revenue allocations as you need in the future.
Once a NFT is minted, you cannot change the royalties, but with our proprietary Dynamic Royalty system, you can update allocations as your business changes.
Royalty Rights Past
5/2/2021 - 12/31/2021
Royalty Rights CURRENT
1/1/2022 - 6/30/2025
Royalty Rights FUTURE
7/1/2025 +
We are using Circle as a payment processing provider, to support credit card transactions for both primary and secondary sales, which necessitates off-chain sales.
You May Also Like
How much creative control will schools and athletes have around the creation and promotion of assets?
Our approach is entirely about providing a platform that looks and feels like each universities̵
How will partnering with your company help the conference and schools reach their full potential with NFTs? How will your platform best prepare the conference for the future?
How will partnering with your company help the conference and schools reach their full potential wit
How is the integrity of the blockchain maintained? Is there any relationship between the platform and the entity that developed the blockchain?
The integrity of the blockchain has a Proof of Stake consensus algorithm, the network relies on a se
