Networks and Tokens

1. Which blockchain networks are supported by the NFT marketplace?

Currently, our NFT marketplace supports the Arbitrum network. However, we are continuously expanding our list of supported chains to provide more options and flexibility for our users.

2. Which token standards are supported by the NFT marketplace?

Currently, we support ERC721 token standard and are increasing the range of token standards on the marketplace to ensure greater versatility for our users.

3. Can I buy and sell NFT game collectibles on multiple blockchain networks?

Definitely. Fungib.ly allows users to buy and sell NFT game collectibles across multiple blockchain networks.

4. Which payment tokens are accepted on the NFT marketplace?

The main cryptocurrencies you can use on Fungib.ly are Ethereum (ETH/WETH), USDC, USDT

5. Can I use fiat currencies for buying NFTs, or do I need to convert them to payment tokens?

We support a few other payment tokens, but it's not currently possible to use non-crypto currencies like USD or the Euro. Therefore, you would need to convert your fiat currencies to the supported payment tokens before engaging in NFT transactions on our platform.

6. What is the floor price?

Floor price is the lowest price for collection items, rather than the average item price, and is updated in real-time.

7. What’s the trading fee for the Marketplace?

Fungib.ly does not require trading fees from NFT buyers, and yet we only charge a 2% trading fee to NFT sellers.

Here is a detailed list showing the fees that will be incurred:

	Fees Paid	Fees Received
Creators	NFT Minting Fee	Receive royalty fee for each secondary sale
Sellers	Royalty fee to creator** Pay 2% of trading fee
Buyers	Free