ARE THERE MARKETPLACE FEES?
Each transaction on the Suspended SOUL© marketplace is subject to fees in order to support the artist and the Suspended SOUL© platform.
Suspended SOUL© collects 3% of the market rate in addition to the Souly’s sales price. For example: a collector who buys a Souly for 1.00 ETH will pay 1.03ETH.
The amount of fees also depends on where the sale took place. It varies whether it's a primary market sale or a subsequent sale on the secondary market. All commissions are collected and distributed at the time of purchasing a Souly by Smart Contracts.
HOW DOES THE MARKETPLACE WORK?
The marketplace is where secondary sales take place. Every suspended soul that has been sold is displayed here. You can bid on any artwork, bids are valid for 24 hrs. If a bid is not accepted within 24 hrs., funds will be returned to your wallet. A ...
HOW CAN YOU BUY A SOULY AFTER IT WAS SUSPENDED FOR 24 HRS?
When a collector wins the auction and buys the Souly of the day, it automatically goes to the marketplace where secondary sales can take place. Once a Souly enters the marketplace, bids for secondary sales are valid for 24 hrs. You can bid on any ...
HOW DO YOU START COLLECTING SOULYS?
To start collecting Soulys at Suspended SOUL©, you need a Twitter account and Metamask wallet. Sign up with your Twitter account Connect your wallet Make an offer There will only be ONE suspended soul per day in order to guarantee maximum exposure to ...
HOW DO YOU PUT A SOUL UP FOR SALE?
Suspended SOUL© is a curated marketplace where artists can submit their work only during the application period. Applications will remain open for just a week. Our curation team will evaluate each submission. If accepted, the work is tokenized as a ...
HOW DOES SUSPENDED SOUL WORK?
Suspended SOUL© is a curated marketplace where artists can only submit their work during the application period. Applications will be exclusively open for a week every 30 days. Our curation team will evaluate each submission. If accepted, the work ...