# Buyback Mechanism

When you trade at [Metakingdom NFT Marketplace](https://nft.metakingdom.biz/), 5% marketplace fee is taken from the seller (not the buyer).&#x20;

*Example : If you sell NFT for $20,000, you will only receive $19,000 METAK.*

:fire: 2% marketplace fee will be used for buying back (and burn) $METAK token. Buy back wallet will be announced after the first buy back is completed *(exclude private sale card)*

:inbox\_tray: 3% marketplace fee will be paid for ecosystem development


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