Earn More with Custom Fees

Since the launch of Refinable Storefronts, we are constantly improving our product and upgrading features for our storefront users. With this new integration of custom fees, creators can now earn commission on successful sales and set their royalty fee structure with ease.

Currently, the maximum amount for custom fees is 10%. However, fees are only charged to buyers and not sellers. On top of that, by using Refinable Storefronts, the platform has no extra charge so you can keep what you earn! If you haven’t set any custom fees, the default percentage is set at zero.

To know more about creating your storefront, check our step-by-step tutorial here. Now that you have created your storefront, learn how to set custom fees step by step. Keep reading below!

Step 1: Access Your Storefront

The first step starts with accessing your storefront. Connect with the same wallet that you used to create your storefront. After, click the profile icon on the top-right corner to access the list of options.

Click on “Edit Store” and it will take you to the Admin Panel.

Step 2: Search For Your Admin Panel

Now that you have logged into your storefront account and clicked “edit store”, you are in the Admin Panel.

On the left-hand menu bar, you will see the option “Custom Fees”. Click on “Custom Fees” and it will take you to the dashboard for “Custom Fees”.

Step 3: Setting the Custom Fees

This is the last step! All you have to fill out are two sections: buyer fee and payout address.

The buyer fee is the fee that will be paid out by the buyer to the storefront owner. The seller is not charged any fees and Refinable does not take any fees from it as well. Please note that the maximum buyer fee is 10% and up to one decimal point (for example 2.5%).

The payout address is the wallet address that will receive the buyer fee every time there is a successful transaction in your storefront. Currently, we only support one wallet address.

Click “Save”, after you have filled in the buyer fee and payout address and it will give you a notification that your store has been updated. Congratulations! You have now completed setting up custom fees for your storefront.

Remember, you can come back at any time to change the buyer fee percentage and the payout address!

Start Earning Now!

Custom fees are available for ALL Refinable users, which means you don’t have to hold any $FINE to set your royalties! If you are interested in increasing your custom fee limit, please contact us and we can work on finding the best solution for you.

In case you forget, here’s a cheat sheet for setting up custom fees:

We appreciate your love and support through consistent engagement, and we will continue to give back to our community. Stay tuned for more exciting updates and don’t forget to tag us when showcasing your Refinable Storefronts on social media. We periodically feature cool marketplaces on our main channel!

Contact Us
Discord: https://discord.gg/ys7sEg2BzS
Instagram: https://instagram.com/refinableapp
Twitter: https://twitter.com/refinableapp
Youtube: https://www.youtube.com/c/Refinable

What is the Mon Design Competition About?
Welcome to the first Mon Design Competition co-hosted by Refinable, Ethermon and Polygon Studios! Artists will have the unique opportunity to create custom Ethermon NFTs, feature them on Refinable’s marketplace, and win great prizes!

Ethermon, one of the world’s earliest Ethereum-based NFT gaming projects, has partnered with Refinable in an initiative to encourage creators and artists to participate in the first Mon design competition. Creators and artists will have the opportunity to showcase their talents across the Ethermon and Refinable ecosystems while also having the chance to win great prizes! 

The power of web3 starts from the ground up: Community members directly add value to the projects that excite them. At both Ethermon and Refinable, we believe every one of us should benefit from the value we create. It is now your time to show off your Mon creation skills! Ethermon aims to bring your Mon creation to life and feature it on Refinable’s leading multi-chain marketplace, where you will have the chance to see your NFT come to life in an established game ecosystem and rendered to explore Decentraland in 3D!   

All aspiring Mon artists are invited to join this competition to earn royalties on your creations and prizes with a total value of USDT $50,000

You can learn more about Mons here.  

Competition Details
We welcome all artists to design their own Mon, which will come to life in our gaming ecosystem. The theme of this competition is First Form

This is an opportunity to flex your skills for a large set of players, collectors, and NFT artists to witness. You also will be able to see your 2D Mon designs rendered in 3D and playable in the most extensive gaming district in Decentraland — Ethermon District. You will have the opportunity to earn cash prizes, receive royalties on primary sales, and own the first-ever mint of your own creation.

How to Participate
If you are interested in entering this design competition, you must register here by June 30, 2022. More details on the deliverables will be sent to successful applicants, who have until July 30, 2022 to send in their designs.

This is an opportunity to flex your skills for a large set of players, collectors, and NFT artists to witness. If you find yourself amongst the 3 winners, your 2D Mon design will be rendered in 3D, to be played in the most extensive gaming area in Decentraland — the 668 parcel Ethermon District.

Winning artists will earn cash prizes, receive royalties on primary sales, and own the first-ever mint of your own creation.

Deliverables (July 30, 2022 Deadline)
– One (1) image of your Mon design, facing the right. 
– Format: PNG
– Dimensions: At least 2000 x 2000px (1:1)
– Bonus: One action shot of your Mon, showing that it is ready for battle.

Judging Criteria
Mon designs will be judged on creative details, backstory (1–3 sentences), and adherence to the Ethermon brand guidelines. 

Considerations
– Your Mon must be “Form 1” only, meaning that it will have no higher forms (or evolutions). Your design should be in its peak, most powerful form.
– Your unique Mon creation must embody the Forest biome, meaning it needs to have either one (1) or two (2) of the following elemental types: LeafEarth, or Neutral.
– Also, keep in mind that each new Mon is forged by an alliance between three (3) Mons of previous generations, aka Ancestors. At a later stage in the competition, our team will help you find these Ancestors for your Mon creation and provide feedback on how well your Mon fits into the Ethermon universe.

Prizes and Benefits for Winners
Three (3) artists will be selected by a diverse panel of judges and will receive prizes and a real stake in their NFT creation, including royalties on primary sales. Winners will be ranked in first, second, and third place with corresponding prizes.  

First Place 
– Rarity: Legendary (total supply: 30)
– 1,000 USDT
– 2.5% royalties on primary sales
– Receive the first mint (#1 Badge) of Form 1 in the Mon NFT design

Second Place 
– Rarity: Rare (total supply: 50)
– 500 USDT
– 2.5% royalties on primary sales
– Receive the first mint (#1 Badge) of Form 1 in the Mon NFT design

Third Place 
– Rarity: Uncommon (total supply: 250)
– 300 USDT
– 2.5% royalties on primary sales
– Receive the first mint (#1 Badge) of Form 1 in the Mon NFT design

Estimated total value: Over US$50,000 in prizes and royalties

Other Benefits for Winners

– Featured and promoted through Refinable’s NFT marketplace, the Ethermon Collection, and a dedicated Artist Profile page.
– Promoted by Polygon Studios to its NFT art and collector communities.
– Featured on Ethermon’s popular Twitter Spaces Live to Play series, with a dedicated interview and media coverage, promoted across all channels.
– Private, exclusive session with Ethermon Founders, offering a behind-the-scenes look at the Ethermon ecosystem and how your Mon creation will come to life.

More information about Ethermon’s Mon Design Competition will be released soon. Don’t miss out on this unique opportunity to showcase your design skills and take part in this exciting competition. Submit your application for the Mon Design Competition here before the July 30, 2022 deadline.

About Ethermon
Ethermon is an OG NFT game created in 2017. It operates on Ethereum and Polygon, and involves more than 250 types of Mons designed by a decentralized network of artists and community members. Players compete to earn $EMON in PvP battles on play.ethermon.io and can play the game’s alpha version in Decentraland, where Ethermon owns and operates the largest game-focused district (668 LAND). Soon, Ethermon will release the game’s beta version and introduce 10,000 Legends, significantly expanding Ethermon’s ecosystem.

Website | Twitter | Discord | Help Center | Medium

Refinable x Ethermon

Refinable is excited to announce that we are entering a long-term partnership with Ethermon! 

Ethermon is amongst the earliest Ethereum-based NFT gaming projects, running on an ever-expanding ecosystem that’s not to be missed out on. Established in 2017, Ethermon continues to be a household name in NFT gaming via its innovative gameplay and active community. As their metaverse presence increases on Decentraland, Ethermon players will be able to experience Web3 gaming firsthand.

Through this partnership with Ethermon, both creators and artists will gain access and support from both communities, continually empowering both artists and creators and their digital IPs as they venture from Web2 to Web3 for the first time. 

“We are very excited to bring the Mons NFT Collection to our marketplace to showcase the diverse talent of digital artists who are leading engaging NFT games. We believe the Ethermon metaverse will continue to grow, but it starts with supporting the community every step of the way.”

Nick Chan, Co-Founder at Refinable

The Mons NFT Collection 

Ethermon gameplay revolves around Mons — a range of digital monster NFTs minted on the Ethereum and Polygon blockchains. As they are dynamic, users can increase their value by leveling up or upgrading them into rarer NFTs while playing the game and earning valuable in-game tokens. 

The first Mons NFTs were designed and minted in 2017. Now, there are over 300 Mons that can be played across a growing collection of game modes, ranging from a PvP battle game on play.ethermon.io to an entire MMO adventure and PvE battle experience in Decentraland. Each Mon benefits from the ever-increasing utility as the game’s core team and community create additional gameplay experiences, partner with more projects, and continue to improve the ecosystem. 

An Aligned Partnership

The partnership with Ethermon will enable the transition of creators from Web2 to Web3. With Ethermon supplying the content for NFTs and Refinable’s ecosystem offering an easy and accessible way of creating and trading limited digital goods (such as collectibles, game items, digital artwork, unique files, domains, event tickets, lottery tickets, and more) this collaboration will pave way for creators to explore NFT gaming to its maximum potential.

“Collaboration is the secret of Web3. We’re excited for our Mon artists to benefit from being featured in Refinable’s leading marketplace and be discovered by new fans while inspiring other creators to transition to the exciting world of NFT gaming.”

Ryan MacDowell, Chief Marketing Officer at Ethermon

The Refinable ecosystem includes a trusted retail NFT marketplace for limited and high-value digital goods where users can create and trade with confidence. Through this partnership, Refinable will promote the ownership of digital and licensed IP for creators to support their transition smoothly from Web2 to Web3 with their custom storefronts.

Moving forward, we aim to provide exciting new opportunities for our community to become more involved in the future of Refinable and Ethermon. Stay tuned for more information about the upcoming Ethermon and Refinable’s Mon Design Competition. You won’t want to miss out on anything from this partnership! 

About Ethermon 

Ethermon is an OG NFT game created in 2017. It operates on Ethereum and Polygon and involves more than 250 types of Mons designed by a decentralized network of artists and community members. Players compete to earn $EMON in PvP battles on play.ethermon.io and can play the game’s alpha version in Decentraland, where Ethermon owns and operates the largest game-focused district (668 LAND). Soon, Ethermon will release the game’s beta version and introduce 10,000 Legends, significantly expanding Ethermon’s ecosystem. 

Website | Twitter | Discord | Help Center | Medium

Recap From Our Anniversary AMA Special

To celebrate the first year since the launch of Refinable, the Refinable team hosted a team-only AMA to review this past year and share their experiences working at Refinable. Listeners heard from Refinable’s Co-Founder Nick Chan, Business Development Lead Calvin, and Marketing Lead Denys.

Throughout the Twitter Space session, the team reflected on their experiences from this past year, answered community questions, and shared teasers for exciting features coming up this year. Read on to find out more! 

Team Reflections at Refinable 

Based in Hong Kong, Refinable has grown to an international team of 16 NFT-dedicated individuals who are passionate about creating the leading platform for Web3 creators, traders, and retail brands. This commitment to providing products and services through the Refinable platform has manifested itself in a number of milestones and radical changes in Web3 e-commerce history. 

Refinable’s original intention was to become a BSC NFT marketplace but after the launch, the team has adapted to the constantly changing NFT landscape. Within three months after the marketplace launch, Refinable decided to add multi-chain integration in response to current NFT trends.

Since the launch, Refinable has added BNB Chain, Ethereum, Polygon, and Solana integration for the NFT marketplace. We worked with multiple offline art events to provide a platform for Web3 artists. The NFT marketplace also has Metaverse integration where individual users can showcase their NFTs. And most recently, the launch of our custom NFT marketplace product called Refinable Storefronts.

While this past year has been full of memorable experiences, working with all sorts of industries and communities has encouraged us to push the boundaries of Web3 e-commerce. Seeing creators and brands succeed continues to motivate us in supporting more individuals, businesses, events, and brands to feel confident in navigating the Web3 experience.

Community Q&A Overview

On to the main feature of the event – the actual AMA part of our Twitter Spaces session! 

We’ve received more than 200 questions from you all – which is a lot! For the sake of time constraints, the team picked out three questions from the comments in our AMA announcement tweet. We enjoy hearing from you and are happy to connect with our Refinable community.

Below are quick summaries of answers from Nick, Calvin, and Denys with comments edited for clarity:

Question 1:

Is it possible that you will build a thriving community that truly cares and supports the project for a long time, rather than just making a temporary profit? Any plans to better connect with the community? Because we know the power of the community to easily make famous projects?

@Antonsa64147171

Key Points:

Denys: “Refinable is looking forward to driving our conversations to more community-focused channels, namely Discord. Through Discord, we hope to offer another avenue beyond Twitter and Telegram to create more community-focused content, and to try out new things for more opportunities for community engagement.”

Nick: “In reaching out to the community, we have to be more agile in our shift from B2B to B2B2C.”

Cal: “Community feedback is everything – please don’t be afraid to reach out!”

Question 2:

Most of the new investors, only focus on the price of the token, and the short term benefits of the project rather than understanding the true value of the project. Can you tell us about the motivations and benefits for investors to hold your tokens long term?

@0xhold

Key Points:

Cal: “I feel that the phrase ‘time in the market is more important than timing in the market’ from thinking about equities can also apply to tokens. At the end of the day, we’re still running a business and we intend to survive. We want to build a very solid foundation in order to provide a product that can scale sustainably for our niche, and we will do that in a way that does not involve shortcuts. Quick wins aren’t everything, and are only short-term solutions.”

Nick: “Keep in mind that it has only been a year  – startup development is a rocky road. But as we continue to grow and mature, we want to create a platform and products that will survive for generations to come. We want to find the right people to be part of our team to ensure that this will happen.”

Question 3:

What is the most ambitious goal of your project currently? Can you share with us any upcoming updates?

@BykoVeronika

Key Points:

Nick: “Our goal is to facilitate trading in Web3 – but my vision is for Refinable to function very similarly to how Shopify just completely reworked the Web2 e-commerce ecosystem. So I think right now, our most ambitious goal is really just to create the set of tools that will redefine how Web3 e-commerce actually happens.” 

Looking Forward in 2022

We’re looking forward to offering ways to trade beyond PFPs. As Nick Chan puts it, Refinable’s greatest ambition is “to create the set of tools that will redefine how Web3 eCommerce actually happens”. How would we do this? We don’t want to spoil that much yet!

BUT! All we can say for now is that we’re experimenting with express checkouts we created in collaboration with a retail partner. Expect it to be a full-fledged service on Refinable this year!

We also haven’t forgotten about our token holders! We definitely see and hear you when you all say “When Binance?”, but we want to implement the best utilities out there for token liquidity, and we’re working hard on it. Please look forward to seeing more $FINE use cases across our upcoming products, ecosystem, and partners!

Refinable is also in the midst of launching campaigns geared towards more community engagement and outreach. That’s right, we upgraded our Discord server! We’ve thought about focusing more of our energy on Discord and creating a fun and intimate space where the Refinable community can connect, network, and get in touch with the Refinable team. We want to bring our community together and keep everyone updated with all the current news happening at Refinable!

Thank You FINE Fam!

The Refinable team is incredibly humbled to garner this much support and validation from our community, the crypto industry, and beyond.

The most rewarding part of this experience so far is being able to see our users actively create and trade on our platform and grow! We are ready to scale up and respond to any changes, as we continue to build the foundation for anything and everything to come in this ever-changing crypto landscape.

We will continue to learn and grow alongside each other and we are eager to continue on our journey toward empowering everyone in Web3 e-commerce! Don’t be afraid to reach out to us! 

Onwards to another wonderful year with you!


Contact Us

Discord: https://discord.gg/ys7sEg2BzS
Instagram: https://instagram.com/refinableapp
Twitter: https://twitter.com/refinableapp
Youtube: https://www.youtube.com/c/Refinable