# Marketplace Fees

We maintain a straightforward and transparent fee structure for minting NFTs on our platform. The creation of each NFT incurs a fixed fee of $7, independent of the token price of the connected network. Additionally, a nominal initial listing fee of 50 cents applies, regardless of the connected network's token prices. The Auction Fee is 5% taken out of the sale when the auction ends dispsersing 5% to Flare Fire and 95 % to the seller.

As we embark on our journey into the future, the Flare Fire Marketplace envisions a transformative approach to our fee structure. Our strategic goal is to gradually phase out marketplace fees associated with both buying and selling NFTs, ultimately enabling seamless and cost-free transactions without any listing fees.

This progressive initiative is driven by our unwavering commitment to fostering a vibrant and all-encompassing community of creators and collectors. By eliminating fees, we seek to empower artists, creators, and enthusiasts alike, facilitating their active participation within a financially accessible ecosystem.

This transformative shift toward fee-free trading epitomizes our core values of openness, transparency, and a relentless pursuit of excellence in the Flare Fire platform. As we dedicate ourselves to realizing this vision, we aspire to establish a marketplace that thrives on collaborative support and shared success among our esteemed NFT community.

All fees are subject to change according to market.&#x20;
