First Music NFTs Auction Starts on IOST NFT Marketplace TokenLink
After collaborating with Manga artists with NFTs, the Platinum Egg team released the first audio track NFTs by music creators on their IOST marketplace, TOKENLKINK.
Notably, this audio track can be used as a game item on CrossLink game, and every time it is sold to a new buyer, the audio creator will earn 10% loyalty of the sale price.
Find the TOKENLINK Auction here
TOKENLINK provides a function to return the proceeds from secondary sales to creators. Although OpenSea has implemented a function to return the fees from secondary sales to creators, Ethereum’s transaction fees (gas fees) have skyrocketed from several thousand yen to tens of thousands of yen. This high gas fee makes it unsuitable for sending small transactions. This is where the advantage of IOST comes in, in which the cost of gas is practically free, and that benefits and develops various ways to return small amounts to creators.