Our Fees Explained

Learn about the fees involved with minting and listing your collectibles

Minting and Listing Assets

We do not charge any fees for minting or listing a collectible, however minting or listing does still incur a blockchain related network fee (called "gas") that is needed to record the collectible on blockchain. Revelator uses Base and Polygon blockchain to ensure maximum security for minimum cost so the minting fees are very low at less than US$0.01.

You can always check the current gas costs for Base here and Polygon here.

In order to make your life easier, we will cover all gas costs involved for the time being, while presenting the cost of every single blockchain interaction on screen pending your approval and allowing you to easily track those costs on your wallet.

Market Fee

The only fee we charge on the seller's side is a 5% Market Service Fee that is deducted from the sale price only when a collectible is sold.

For example, if a collectible is listed for $10 you will receive a $9.50 credit to your account. The amounts will be deposited to your account in the currency that was paid by the user.

Credit Card Fee

In cases where the buyer has paid with their credit/debit card, the buyer will be charged a 4% Credit Card Fee. This covers both domestic and international card rates as well as any future network related gas costs of transferring the collectible to a private non-custodial wallet.

For example, if a collectible listed for $10 is purchased with a credit/debit card, the buyer will pay $10.40 and you as the seller will receive $9.5 after both fees have been accounted for. Whereas if the buyer pays with ETH (the native token for Base) or MATIC (the native token for Polygon) they will only pay $10 + the current network fee ("gas") and you will still receive $9.5 in ETH or MATIC.

Credit Card Payment Withholding Period

All credit card purchases have a 30 day holding period imposed by Stripe (our payment gateway provider) to allow for chargebacks.

After 30 days you can withdraw the funds you've received via credit card purchases. In specific situations where a large amount accumulates and is still within the withholding period we can look into freeing up some of the payments on an ad-hoc basis. By comparison, all ETH or MATIC (and other cryptocurrency) receivables are immediately available for use.

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