Collection Royalties
People who create works of art, music, stories or anything else creative— own the intellectual property of said work.
Traditionally, an entity operating between creators and collectors receives a fee for facilitating value exchange. However, with NFT Embed, anyone can encourage or make a direct sale! People don't need an extensive system to help them promote the deal. Instead, they can take any NFT compatible with NFT Embed and pop any verified creation on a webpage!
Easily create websites for NFTs and then embed any creation you want! Whether yours, a friend or a famous work. (Like a Beeple or Ethos by Aeforia!)
If you own it, you'll earn a sale; if you love it, you can make a commission!
The key here, if you're a collection owner, you can quickly establish an effective method for exchanging your work directly with collectors and no more using confusing networks with agents and numerous fees.
What is EIP-2981?
A standardized way to retrieve royalty payment information for non-fungible tokens (NFTs) to enable universal support for royalty payments across all NFT marketplaces and ecosystem participants.
Even if a contract already has royalties set, you should use our tool to ensure royalties get enforced with the Universe XYZ contracts.
We developed a tool to set royalties for collections that you own quickly— when royalties are not getting reflected through NFTEmbed.
You'll be required to connect a digital wallet, own a collection, have an address you want the royalties to go to and then pay a small transaction fee to set the percentage.
Firstly, make sure you are the owner of a collection contract before you can adjust or set the royalties.
- 1.
- 2.Get the contract address for the collection
- 3.Select an address that will receive the royalties
- 4.Choose a percentage (Max 20%)
- 5.Click 'Set the royalty'
- 6.Confirm the transaction in your wallet!
- 7.Wait for on-chain confirmation
- 8.Congratulations! You've set collection royalties 🚀
Last modified 9mo ago