Commission Structure
At Rentapad, we believe in transparency and fair practices. This section outlines our commission structure, detailing the fees associated with project fundraising and NFT marketplace transactions.
Project Fundraising Commission:
- 5% Commission: We take a 5% commission from the funds raised by projects during their IDOs on the Rentapad Launchpad.
- Commission Cap: This commission is capped at a maximum of 50,000 USD per IDO/raise. This ensures fairness for projects, regardless of their fundraising goals.
NFT Marketplace Fees:
- Rental Transaction Fee: A small fee is charged on each NFT rental transaction completed on the Rentapad marketplace.
- Fee Percentage: The fee percentage is [Insert Fee Percentage, e.g., 2.5%] of the total rental price.
- Fee Distribution: This fee is used to support platform maintenance, development, and ecosystem growth initiatives.
No Token Allocation Requirement:
- We do not require projects to allocate any portion of their tokens to Rentapad. This allows projects to retain full control over their token distribution and incentivize their communities as they see fit.
Rationale for Our Commission Structure:
- Sustainable Platform Growth: Our commission structure is designed to ensure the long-term sustainability and development of the Rentapad platform.
- Aligned Incentives: By taking a commission from successful IDOs, we align our interests with the success of the projects we launch.
- Fairness for Projects: Our commission cap ensures that projects of all sizes are treated fairly and are not disproportionately burdened by fees.
- Transparency: We are committed to transparency and clearly disclose all fees associated with our platform.
We believe that our commission structure strikes a balance between supporting the Rentapad platform and ensuring fairness for both projects and users.