🔖RPG Marketplace
1. Overview
Welcome to RPG Market, the first exclusive marketplace for Ordinal assets, powered by the $RPG token (on Tap network). This platform enables users to buy, sell, and exchange assets with minimal fees and unique benefits, distinguishing it from other marketplaces in the ecosystem.
Key Features
Dedicated to Ordinal Assets: Focused marketplace specifically for Ordinal assets.
Exclusive Market Currency: Transactions are conducted in $RPG (Tap).
Competitive Market Fee: Only a 0.5% fee per transaction, with rewards for users.
Off-Chain Transactions: Save on blockchain fees, especially crucial with the upcoming BTC halving (2024).
2. Fee Structure
RPG Market offers one of the lowest transaction fees in the industry at 0.5%. Here's how it compares:
RPG Market
0.5%
0.25% redistributed monthly to users
MagicEden
2%
No
OrdinalsWallet
2.7%
No
UnisatWallet
0.6-0.8%
No
Fee Breakdown
0.25% goes to the marketplace’s operational funds.
0.25% is contributed to a pool that’s redistributed monthly to RPG Market users, adding value and incentivizing marketplace engagement.
3. $RPG (Tap) Token Usage
Key Functionalities
RPG Market facilitates seamless transactions using the $RPG (Tap) token. Users can:
Exchange BTC for $RPG (Tap) directly on the platform.
Trade off-chain assets for $RPG to avoid mempool congestion.
Convert $RPG (Tap) back to BTC or use it to buy other off-chain assets.
With these functionalities, users benefit from cost savings, transaction speed, and minimal on-chain activity, preserving BTC for essential transactions only.
4. User Transactions
Users can execute various transactions on RPG Market, each optimized for efficiency and cost-effectiveness:
BTC to $RPG Conversion: Users can directly exchange BTC to $RPG (Tap) within the platform.
Asset Purchases Using Off-Chain Tokens: Users can buy assets on RPG Market using off-chain tokens, with only a 0.5% fee applied. This fee supports:
0.25% going to the project’s operational wallet.
0.25% pooled for monthly redistribution to active users.
Off-Chain to $RPG Conversion: Users can exchange off-chain tokens back to $RPG (Tap) as needed.
5. Transaction Cost Savings
The off-chain transaction model used by RPG Market saves on mempool transaction fees, especially with the upcoming BTC halving. This model reduces the cost impact on users, providing a scalable, cost-effective solution in anticipation of network congestion.
6. Conclusion
Last updated