These are some of the most common things regarding NFTs and the NFT marketplace.
What is an NFT?
An NFT is a digital asset often linked to a digital or real item such as an image, a video, music, etc. At the moment, StakeCube Protocol supports the creation of NFTs linked to image files. These files can be stored indefinitely and will remain linked to the digital asset forever.
How do I send my NFTs to the SC NFT Marketplace?
To send your NFTs to the marketplace you need to use your SCP address on StakeCube.net, not your SCC address. NFTs sent to the SCC address will be lost. You will find your SCP address on this page:
https://stakecube.net/app/marketplace/mynfts
How can I sell my NFTs?
Once you deposit your NFTs to StakeCube, you can place them for sale on the marketplace. To do that, go to the following page:
https://stakecube.net/app/marketplace/mynfts
Then click on the NFT you want to sell, and click the “Sell NFT” button. You will have to select a price for the NFT. If no other NFT from this collection has been placed for sale before, you’ll also have to select a royalty percentage to be paid to the creator.
How can I buy NFTs?
You will find all NFTs placed for sale here:
https://stakecube.net/app/marketplace/
NFTs are paid for in SCC, therefore you will need to have some SCC in order to buy them. If you have enough SCC to pay for an NFT, simply select it and click the “Buy NFT” button.
What is the “service fee”?
StakeCube charges 2.5% of the sale value as service fee, with these coins going to our reserves.
What is the “creator royalty”?
At StakeCube we want to support artists and allow them to earn an extra income from their creations. To achieve this we have added the option to set a creator royalty for NFT collections. This creator royalty will deduct a set percentage between 0% and 10% every time an NFT is sold, and send it to the wallet that created the collection. This way if your NFTs are very popular and change hands often, you will receive a lot of SCC in royalty contributions.
What is the verification tag?
The verified tag only means that after searching for the source of the images, nothing was found to indicate they are breaching any laws. A verified NFT could still be using images breaking copyright law. Please take this into account before buying any NFTs. StakeCube takes the effort to investigate the authenticity of NFTs before verifying them. However, we can’t always find the source for materials infringing copyright laws. The responsibility to avoid using copyrighted media to create NFTs lies with the creator, not with StakeCube.
What sorts of material can I use for my NFTs?
You can use any material you want to create NFTs; however, the following materials are not allowed and will be banned from the marketplace:
- NFTs containing the word StakeCube or SCC without express authorization from the team. Although we authorize the use of the logo and other elements of the StakeCube brand, NFTs should not mislead potential buyers into thinking that they are official and produced by the team.
- Images containing copyrighted materials for which the collection creator does not own the copyright.
- Explicit images such as pornography, gore, etc.
- Politically incorrect images such as those containing racism or other forms of discrimination.
The StakeCube team reserves the right to determine when collections or NFTs do not fulfill these criteria. If you are in doubt, feel free to open a ticket on Discord to consult whether your NFT or collection would break any rule.
What are the Requirements to get my NFTs verified?
We do not verify individual NFTs from a collection. We only verify a collection as a whole. In order to pass the verification process, the NFTs in the collection must not contain any of the banned materials.
Additionally, limited collections with a set value for “Max Mints” can only be verified if they have reached the maximum number of mints and no more NFTs can be issued. The only exception to this are unlimited collections with a specific use case such as games, etc.
How do I get my collection verified?
If your collection fulfills the criteria specified before, you can get it verified by opening a support ticket on Discord:
We will require you to show proof of authorship or ownership of the materials used in the NFTs. If the proof is considered sufficient, we will verify the collection.