How Does Reselling Work?


  • Reselling media on Finay is easy and user-friendly, thanks to our secondary marketplace. This marketplace allows users who own digital media, such as music tracks, albums, event tickets, or Backstage Passes, to list their items for resale, creating a dynamic environment where other users can explore and purchase previously owned media.

    How to Resell Media on Finay

    1. Go to Your Library

      • Begin by navigating to your Library in the side menu, where all the media you’ve purchased is stored.

    2. Select the Media to Resell

      • Browse your library to find the specific media you want to resell. Once located, click on the item to view its details.

    3. Click the Sell Button

      • In the media’s details page, click Sell to open the resale options.

    4. Set Your Resale Price and Editions

      • Enter the price you want to sell the media for and, if applicable, specify the number of editions you’re making available. Editions represent unique copies, so setting this number allows you to control how many copies you’re selling and the exclusivity of your offering.

    5. List on the Secondary Marketplace

      • After reviewing your details, click Submit to list the media on Finay’s secondary marketplace, where other users can view and potentially purchase it.

    How the Secondary Marketplace Works

    • Visible to All Users: Once listed, your media becomes available on the secondary marketplace for all users to discover. Potential buyers can browse listings, view media details, and see the price set by the seller.

    • Make Offers or Buy Now: Interested buyers can either purchase the media at your listed price or make an offer by proposing a price they’d like to pay. Offers remain valid for a specified period (from 1 day to 1 month) or until the seller accepts or rejects.

    • Secure Ownership Transfer: When a sale is finalized, ownership is securely transferred to the buyer through blockchain technology, ensuring that transactions are verified and unalterable.

    Additional Benefits of Reselling on Finay

    • Gas-Free Transactions: Finay covers all gas fees for transactions on the secondary marketplace, allowing you to resell media without incurring additional costs.

    • Transparency and Security: Blockchain technology ensures that each transaction is recorded transparently and securely, maintaining a trustworthy and traceable record of ownership.

    • Potential for Offers: As a seller, you can review offers from buyers and choose to sell at the proposed price or wait for another offer. This flexibility allows you to decide on the most favorable sale terms.

    Reselling on Finay’s secondary marketplace provides a seamless way for users to share content with the community while enabling buyers to access exclusive media through a secure, fee-free transaction process.


Was this article helpful?