STRUCTURE

Users of Eternal Editions are divided into 3 kinds, NFT issuers (event organizers), Artists (designers), and normal users (holders).

  • Organizers issue NFT Tickets on EE as a way to raise funds to host their events.

  • Artists can put their artistic talent and time in a particular event and get compensated for their work.

  • Users are entitled to watch the performance as holders, and they can freely trade their NFTs in the marketplace before and after the event.

The profit occurred from the event will be distributed to the organizers, artists, and users by smart contracts.

Also the transaction fee occurred in the 2nd market place from the issued NFT is distributed by the platform (EE) 2%, the organizer & the Artist 8%. The organizer and artists can adjust the exact portion of the 2nd marketplace transaction fee through mutual communication.

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