Business Model

Ommniverse's sources of income are the Ommniverse 1/1 art sale, service, and transaction fees charged to buyers and curators. Ommniverse will also assist up and coming young curators, for whom a portion of the sales proceeds is theirs under a separate contract.

  • 50% of the Ommniverse volume will be used to purchase OMMI tokens from the market, which will be burned'

  • This will have a good long-term effect and assist in lowering the market's supply of Ommniverse tokens

  • The first step is to divide an NFT into X shares, each of which will represent a portion of the entire NFT and be available for purchase based on the notion of a fractionated art NFT

  • Since every purchase will be based on an auction model, bids may be made for either the entire NFT or for a portion of those purchases

  • It should be noted that the auction for the specific NFT will only be open for a brief period of time during which bids can be made( the highest bidder receives the NFT shares.

  • The value of each share may either be the same or may vary depending on its rarity. It is entirely up to the curator

  • A OMMI token, which will be released together with the platform, will be used for all transactions

  • The Ommniverse platform will extract a certain service fee for each transaction to cover maintenance and other costs.

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