RE: Revamp Market Fees to Include 2% DAO Royalty

Almost every NFT project on ETH using OpenSea has a creator royalty, this is what the DAO royalty is trying to replicate. Most projects on Opensea have a 2.5% to 7.5% creator fee plus 2.5% marketplace fee, which means users are paying anywhere between 5 to 10% just in fees, not including the high gas fees on ETH.

Despite these "inefficiencies", Opensea is currently generating hundreds of millions of dollars volume per month, and in the billions per month over the bull market. The Runi collection is currently at 5% creator fee which means sellers pay 7.5%.

I personally think this market fee revamp is long overdue, the company or DAO should be getting something for all market transactions but it is not fair to marketplaces to simply take away their revenue, hence the split between players and marketplaces. Even at current low market volumes, this proposal will earn the DAO over 1 million DECs per day. If you prefer to see the DECs in the DAO burned, I am happy to raise a proposal every now and then to simply burn all DECs in the DAO and let the community decide.