We keep things simple so you don't have to be a blockchain expert to buy or sell NFTs.
GamePin uses the Rowan Labs blockchain which has no gas fees. GamePin blockchain transactions are free.
The more our platform gets used the more it will scale. That means no long confirmation wait times.
The process is simple. Upload a digital asset (work of art, photograph etc), provide some information about the asset and sign it. You can then publish it for approval. If your signature fails validation it will not be accepted as part of the blockchain.
We typically approve an NFT for publication within 24 hours of receipt of the request.
There is no charge to create an NFT.
Zero mining fees.
Zero listing fees.
Zero selling fees.
We use a blockchain to record all transactions. While a cryptocurrency needs a Blockchain to exist, a blockchain can function without a cryptocurrency. GamePin transactions are conducted in fiat currency specific to the country of origin. For example, it is USD in the US.
While GamePin transactions do not use a cryptocurrency we do provide you with a wallet that stores your private key. Your Private Key is used to sign any blockchain transaction like creating an NFT. It is used to establish rightful ownership of digital assets like an NFT.
You are responsible for reporting the proceeds of your sale. GamePin will report all sales to the IRS.
We recommend that you DO NOT share your private key.
Your private key is the single most important piece of information used to verify your transactions on the blockchain. If you share this, a malicious actor could pose as you and make a claim to any transaction (like owning an NFT you bought).
There are no limits on how long you need to own an NFT before selling it again. NFTs may be sold indefinitely.