# Fee on MedRealty

There are three types of fees associated with using Mediterranean Realty (MEDIR)

* Protocol Fees
* Gas Fees
* Marketplace Fee

Fees are additional amounts that a user pays on top of a base price of an asset. These can be imposed by various entities. The following table illustrates the fees on Mediterranean Realty (MEDIR).

| Entity                                                           | Type of Fee           | Amount                     | Example                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| ---------------------------------------------------------------- | --------------------- | -------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| <p>Mediterranean Realty (MEDIR)</p><p><br></p>                   | Protocol              | 2% of every NFT trade      | Alice lists an NFT for 1 BNB on a marketplace. When Bob purchases this NFT, he would need to pay 1.02 BNB where 1 BNB goes to Alice and 0.02 BNB goes to Mediterranean Realty (MEDIR).                                                                                                                                                                                                                                                            |
| 3rd parties builds marketplace via Mediterranean Realty (MEDIR)  | Maker Marketplace Fee | "Decided by 3rd platforms" | Alice wishes to receive 0.99 BNB for her NFT assets and lists it on a marketplace that imposes a maker fee of 1%. Therefore, the price that the asset will be listed for on the marketplace is 1 BNB.                                                                                                                                                                                                                                             |
| 3rd parties builds marketplace via Mediterranean Realty (MEDIR)  | Taker Marketplace Fee | Decided by 3rd platforms   | Alice wishes to receive 1 BNB for her NFT assets and lists it on a marketplace. Bob wishes to buy the asset from a different marketplace that imposes a taker fee of 1% and marketplace fee is 1.5% and will therefore be presented with a buying price of 1.025 BNB inclusive of the taker marketplace fee.                                                                                                                                      |
| Collection royalty recipient, ie. owner of an NFT smart contract | Royalty               | Decided by Creators        | <p>Alice mints a collection of assets on Mediterranean Realty (MEDIR) and sets a 5% royalty for every asset in the collection to go to her.</p><p>Bob owns an asset from Alice's collection and sets the sale price of 1 BNB. The marketplace on which he lists the asset will display a selling price of 1 BNB.</p><p>When Ciaran comes along and buys this asset, he pays 1.05 BNB, 1 BNB of which goes to Bob, and 0.05 BNB goes to Alice.</p> |


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