# Value Capture in the Network

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When the first version of SuperRare launched in early 2018, the intent was to create a radically better market for artists while sending a clear signal that a new kind of art market was possible.&#x20;

To send this message loud and clear, the genesis SuperRare marketplace smart contracts included zero primary market fees or commissions for the first year, and an industry-first 10% royalty for artists in the secondary market.  As the NFT art market started to take root in 2019, marketplace fees and a primary sale commission were added to further support development and growth of the platform.&#x20;

SuperRare 2.0 ushers in a new era. In a major step toward progressive decentralization of the platform, all fees and commissions will now be allocated to a Community Treasury controlled by the SuperRare DAO. On launch, SuperRare 2.0 now allows all marketplace parameters to be configurable via community governance.

{% hint style="info" %}
*100% of the value captured by the network will now be routed to the SuperRare Community Treasury to fund artist grants, network development, and further fuel the growth of the SuperRare ecosystem*
{% endhint %}

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