At Portion we strongly believe that the artist comes first. Every artist should make money for their work through an initial sale and royalty installments for subsequent sales. Currently, Portion offers no charges or fees for buyers or sellers using the platform. For the meantime, this is sustainable in order to attract people to our platform. Eventually, there will be a nominal exchange fee for both buyers and sellers, although it will be significantly lower than typical auction houses.
So what's the incentive? It鈥檚 called getting in on the ground floor. When you invest in the Portion STO, Porti (native token) every sale will consist of distributed profit sharing to all its investor. These profits are made through the eventual exchange fees. Through this scenario, token holders are awarded a share of profit equivalent to the percentage-based ownership, making it a pretty sweet time to get in the art game.
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