On Rarible, the secondary market sales get collected by the creator– depending on the royalty rate set at the time of creation. (typically 5-10%)
Aside from the base service fee on the marketplace (2.5%), the royalty rate gets delivered to the designated address upon successful sale on the Rarible market– all within one single transaction.
Rarible Protocol gets paid the service fee, the seller makes a sale, and the creator receives a commission from the secondary market.
A typical exchange transaction is labeled below.
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