Nilo Marketplace

The Nilo marketplace is a digital user-to-user trading platform that facilitates the sale, purchase and exchange of Nilo avatars and Gears. All transactions on the marketplace are conducted in NLT tokens. Additionally, the marketplace will feature consumable items with prices that are dynamically determined based on data from the NLT economy from the previous Epoch.

The marketplace has two types of fees:

1. Listing Fees: The listing fee is a small fixed fee in NLT to prevent the spamming of the marketplace order book system.

2. Royalties: The marketplace will levy a 5% royalty fee on the sellers which will be paid to the creator of the Nilo IP; The Nilo Foundation. The fee may also be split with the community creators of seasonal collections.