The details below explains the fees and revenue share that apply to the High Fidelity Marketplace.
The Marketplace contains user created content for sale to other users. High Fidelity’s responsibility in certifying items is to affirm their uniqueness and the right of the seller to offer the item for sale.
Reviewing and Certifying digital assets under the PoP license will have a fixed fee of 1,000 HFC.
The review fee is charged by the Digital Asset Registry Office to cover the cost associated with the review process and ensure content uniqueness and safety to the best of our ability.
Marketplace sales fee:
If your item is for sale on High Fidelity Marketplace, ten percent (10%) of the sales amount will be charged as the Marketplace sales fee for each transaction before the balance is settled to the seller.
Not-for-sale items are intended for personal use only. Not-do-sale items are certified so they can be used in domains enforcing certification. There is no marketplace sales fee charge applied to the use of such items and the item will not be publicly listed for sale on High Fidelity’s Marketplace.
High Fidelity reserves the right to update these terms and change the fee structure at any time.
The Certification fee applies to each listing that is approved, and is charged at the time of listing or relisting, as applicable, and is nonrefundable.
The Marketplace sales fees applies to each copy of an item sold on the High fidelity Marketplace, and is charged at the time of each sales transaction, as applicable, and is nonrefundable.
Fee amounts are based on the terms in effect when the listing goes live (or relisting as applicable).
Local Sales tax, Value Added Tax (VAT), Goods and Services Tax (GST) or similar consumption tax may be applied depending on local tax laws. It is the seller's responsibility to comply with local tax laws and regulations.
If you're looking for more help or have a question to ask, please contact us at email@example.com.