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Membership
FINE Holders Benefits
The Refinable marketplace is an open and decentralized marketplace for all to engage with their favorite NFT content. For those looking for a more committed and flexible experience, Refinable offers a simple membership structure based on our FINE token to ensure users can get the features they need.
The Refinable membership structure, also known as the "FINE Holder Benefits", contains 5 tiers, each with their own increasing set of benefits.
- Basic
- Silver
- Gold
- Diamond
- Diamond+ / Founders
Each tier will be automatically assigned to your address based on one criterion, the number of FINE tokens held on a 14-day basis.
For example, if a user was to acquire 20 FINE tokens on day 1 and no more, then on day 14, they will be automatically upgraded to a Silver-tier user. If the same user acquired 280 FINE tokens on day 1, then they will be automatically upgraded to a Silver-tier user on the same day since their average tokens held calculates as such.
*For established creators and brands, apply to be verified to better protect your brand and enjoy immediate benefits on Refinable. Profiles can be verified by the Refinable team through a stringent vetting process. Get started here.
Each membership tier includes a different set of benefits, including discounts on the platform's service fees. Service fees on Refinable are categorized as follows:
- Buyer Fee - the fee paid by the buyer only, on top of the final item price
- Seller Fee (Primary) - the fee paid by the seller, taken from the final item price
- Primary sales are defined as sales where the seller and the creator are the same address
- Seller Fee (Secondary) - the fee paid by the seller, taken from the final item price
- Secondary sales are defined as sales where the seller and create are not the same address
| Average $FINE (14d) | Buyer Fee | Seller Fee (Primary) | Seller Fee (Secondary) |
Basic | 0 | 2.50% | 2.50% | 2.50% |
Silver | 20 | 2.25% | 2.25% | 2.25% |
Gold | 250 | 2.00% | 2.00% | 2.00% |
Diamond | 2,500 | 1.75% | 2.00% | 1.75% |
Diamond+ / Founders | 10,000 | 1.50% | 2.00% | 1.50% |
Membership also enables greater flexibility in how a user engages with their NFT content. Holding higher membership status will allow increased limits on minting, discoverability, royalties, and on auction durations.
| Average $FINE (14d) | Creation Limit (30d) | Tag Limit | Editions Limit | Royalty Limit | Auction Length |
Basic | 0 | 2 | 5 | 1 | 1% | 7 days |
Silver | 20 | 5 | 8 | 10 | 5% | 14 days |
Gold | 250 | 25 | 10 | 100 | 10% | 30 days |
Diamond | 2,500 | 50 | 15 | 1,000 | 15% | 60 days |
Diamond+ /Founders | 10,000 | Unlimited | 15 | Unlimited | Unlimited | 365 days |
Membership benefits extend to the marketplace and storefront fees as well! FINE token holders can enjoy the following benefits for the marketplace and storefront if the seller is selling the items are sold on BNB network.
Tier | Buyer fee | Seller fee |
|---|---|---|
Basic | 0% | 1% |
Silver | 0% | 0.85% |
Gold | 0% | 0.75% |
Diamond | 0% | 0.45% |
Diamond+ /Founders | 0% | 0.2% |
We will continue to update our membership benefits as the platform develops.
Do stay tuned to our socials for more information and releases!
Last modified 4mo ago