The tax on each buy and sell is 3%. The 3% tax goes 2% to Marketing and 1% Development.
We see Uniswap as a start-up platform; you are investing in our vision; long-term we want to switch to a revenue model from the Music NFT Marketplace rather than from token taxes. We recognize for future growth it will be beneficial for the native token to remove taxes; as this will be a requirement for bigger exchange listings. See the starting tax as a means to establish the token; long-term the real value is getting our name out there to the masses; and having our brand develop and evolve into the number one Music NFT Marketplace.
We also have taxes in our purchase of NFTs which go towards the team, artist and buy-back and burn. This is for resale on Opensea and funds from initial minting go to the team, artist and marketing and rewards.