InterGalactic Market
Access
To gain access to the InterGalactic Market an Overseer must reach level 2 and have account status: Verified. Access to the market can be revoked at any time by the IASC.
Sell
Overseers can sell any item with "tradeable" flag in the InterGalactic Market. Examples of items include: Equipment, Crafting Materials, Slabs, Packs and Consumables.
Buy
Overseers can buy any item with "tradeable" flag that has been listed by another overseer in the InterGalactic Market.
Auction
Overseers can set fixed duration auctions with starting price and end date.
Taxes
IASC Tax Rate
The IASC levies trade taxes on all final IGM sales. These taxes are subject to change and are deducted from the seller's net sale price.
Minimum Tax Fees
The IASC will levy a minimum tax amount for smaller trades that may not follow the above tax rate. For example if an item is sold for the USD equivalent of $0.10 the IASC may levy a $0.05 minimum tax fee on said trade. Minimum Tax Fees will be clearly communicated and are subject to change.
Tech
Blockchain
All tradeable item transactions will be recorded on the blockchain.
Payment Options
Fiat - a variety of fiat payment options will be provided ie. Credit Card payments
Crypto - a variety of cryptocurrency options will be provided
Last updated
