Urbanitae Commission
What is it?
It refers to the fee or commission that Urbanitae charges for raising the agreed-upon funding for the development of a project on the platform.
Generally, the amount of the commission is raised with the project ticket itself, and it appears broken down in the financial summary of the project.
Key aspects to consider
The Urbanitae commission represents the fee Urbanitae charges for securing the agreed-upon funding in a timely and proper manner as stipulated in the project ticket. Generally, the commission varies depending on the type of project and the ticket. In any case, Urbanitae is transparent about the collection of this commission, which is always broken down in the economic details of the project.
This commission is not a success-based fee. That is, Urbanitae only charges a commission at the beginning of the project. This is the only commission charged by Urbanitae, and there are no other fees or bonuses for Urbanitae at the end of the project. Therefore, the Urbanitae commission is not dependent on the success of the project in any way.