The fees will help Flamingo keep providing you with the awesome platform and services! We’d love to keep our fees structure as fair and stable as possible; however, in some rare cases we will have to modify and get you updated!

At Flamingo, you don’t have to pay for membership and we have a simple fees structure as below:

• Sales Commission: While other platforms may charge a hefty 35% commission on sales, Flamingo will only charge the sellers 13.5% from the successful trades.
• Lifetime Royalty: Both original listers and Flamingo will get 1.5% royalty payment respectively from the sellers whenever the listings are traded after the first sale. Read more about the lifetime royalty payment HERE.

Who are original listers?

Original listers are the ones who list particular items on the platform of Flamingo firstly. They can be a painter who sells his own painting or a collector who wants to trade her purchased artworks. Original listers will benefit from the lifetime royalty scheme provided by Flamingo, thanks to the NFT technology.

 

* Last updated on September 26th, 2022

Originally posted 2022-09-26 17:23:46.