Please provide a detailed explanation of your NFT platform’s environmental impact and gas emissions. Is your platform proof of work or proof of stake?
Rare Goods utilizes the Polygon blockchain. Polygon uses proof of stake, which has a much lower environmental impact than proof of work blockchains. Polygon’s validators approximately consume 0.00079TWh of electricity yearly with an approximate continuous draw of 0.00009GW, orders of magnitude below the e
The platform tracks secondary sales (including royalties) off-chain and builds an internal ledger. We maintain a robust record of every transaction that will be available to your team for tracking, bookkeeping, and reporting. flexibility in accountability Introducing Dynamic NFT Royalties The collegiate s
This is not currently supported, but is included in our product roadmap and could be implemented if such support is desired. Our initial focus is to give brands ultimate control over asset offerings on a branded platform.