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What happens if storage is not paid on time?Updated 2 years ago

If a wiNeFT has unpaid storage, it cannot be sold on the platform and will automatically delist if the WiNeFT was placed on the marketplace prior to the end of paid storage period. Furthermore, the wine cannot be shipped until storage payment has been settled. If a wiNeFT has unpaid storage for over 12 months, the wiNeFT is automatically burnt (ownership transferred at a 30% discount of the last trade/purchase value).

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