About flooor.fun
flooor.fun is an NFT marketplace where NFTs can be bought and sold via auction. However, the main feature that sets it apart from other platforms like opensea.io and blur.io is that NFTs are not listed here. On flooor.fun only buyers submit offers at the price they want in real time; the sale happens the moment the NFT owner accepts that price.
The second major difference of flooor.fun appears in the royalty fee model. The 5% Royalty Fee taken during a sale is not transferred to the creators of the collection as on traditional marketplaces. Instead, it is collected in a daily pool. Users who own an NFT from that collection and participate in the daily roll call through light staking share the money in this pool equally. Thus the creators do not receive the revenue share; all owners of the collection do.
How many portions the pool is divided into is determined by daily participation. Each NFT owner must “sign” within a 16-hour period to participate in the roll call. In the remaining 8-hour time window, users who signed can perform a claim operation to request their rewards. For example, if 10 different people signed with 10 different NFTs that day and $1000 has accumulated in the pool, $100 is earned per NFT.
In a simple scenario, if a daily trading volume of $50,000 occurs, 5% of that, $2,500, is added to the pool. If 10 different NFT owners participated in the roll call, each NFT earns $250 per day. That corresponds to $7,500 per month.
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