ADMIRALTY CHRONICLE 15-B / SECTION 7 — SECONDARY TRADING

Bazaar

§7.1

Overview

HIVE-denominated peer-to-peer NFT tradin'. Listings be public. Every trade writes a MarketTrade row an' broadcasts on th' Public Filings feed.

§7.2

Listing

Any unstaked, unlisted NFT ye own may be listed. Listings remain open fer 30 days an' then auto-expire. Expired NFTs return to th' seller's inventory.

§7.3

Buyin'

Buyers pay th' listed HIVE price in full from their in-game HIVE balance. A 10% operator fee be deducted; th' remainder credits th' seller.

§7.4

Fee Breakdown

90% to th' seller. 10% to th' operator treasury. No royalty. No creator fee. No tiered pricin'.

§7.5

Expiry

After 30 days an open listing auto-expires. Th' NFT returns to th' seller's inventory an' th' listing be closed. Th' seller may re-list at any time.

§7.6

Rules

Staked NFTs cannot be listed. Sellers cannot buy their own listings. Buyers must have sufficient HIVE balance at th' moment o' purchase. All trades be final.