A Complete Guide To Minting Your First NFT Collectible

Follow this guide to get up and running with NFT Collectibles.

Our NFT service is currently available on Base and Polygon, and any collectibles you create will be minted to their main networks where they can be sold for real cryptocurrency (ETH on Base, MATIC on Polygon) or USD.

Please be aware, metadata and media is minted on chain and is immutable. This means you cannot edit the uploaded media or metadata once you have minted it. However if you do make any mistakes, you can always chose not to list the NFT for sale and therefore no one will see it on your storefront.

If you'd like to remove the collectible from your account, you can "Burn" it (i.e. delete it). See our guide on burning NFTs for more details.

Create Your First NFT Collectible

From the Collectibles page, click to Create NFT and follow the steps provided.

1

Upload an image, video or audio

Your collectible can be an image, a video or an audio file.

If you choose to upload video or audio first you will be required to add a cover image as well.

2

Add item details

This is where you add the metadata associated with your collectible.

Here's a brief rundown of what's available:

• Title: Appears alongside your NFT in your storefront and other storefronts (such as OpenSea)

• Artist: Assign the NFT to one of the artists you manage in your account. Their name and image will be displayed alongside the NFT on your storefront.

• Description: Add as much context as possible to give potential buyers a good understanding of what they're purchasing. Use hyperlinks if you'd like to reference your own websites or online accounts.

• Attributes: Attributes allow you to assign unique traits and properties that make up your NFT item. You can highlight anything you like, and these can be used to promote scarcity.

3

Grant a license

We provide 2 preset licenses for granting usages to the owners of your collectibles; Personal Use or Personal & Commercial Use.

Personal Use License

Non-exclusive, perpetual, irrevocable worldwide rights for the following personal uses:

✅ Display online (inc. without limitation, as a profile picture)
✅ Distribute (i.e. reselling to someone else)
✅ Reproduce (i.e. transferring the NFT item)
✅ Perform (i.e. playback of associated media)
❌ Remix & create derivative works
❌ Synchronize with & into video
❌ Display offline on products, merchandise or services using the NFT Media or NFT Media Derivatives

Personal & Commercial Use License

Non-exclusive, perpetual, irrevocable worldwide rights for the following personal uses:

✅ Display online (inc. without limitation, as a profile picture)
✅ Distribute (i.e. reselling to someone else)
✅ Reproduce (i.e. transferring the NFT item)
✅ Perform (i.e. playback of associated media)
❌ Remix & create derivative works
❌ Synchronize with & into video
❌ Display offline on products, merchandise or services using the NFT Media or NFT Media Derivatives

Non-exclusive, perpetual, irrevocable worldwide rights for the following commercial uses:

✅ Display online (inc. without limitation, as a profile picture)
✅ Reproduce (i.e. transferring the NFT item)
❌ Distribute (i.e. reselling to someone else)
❌ Perform (i.e. playback of associated media)
❌ Remix & create derivative works
❌ Synchronize with & into video
❌ Display offline on products, merchandise or services using the NFT Media or NFT Media Derivatives

You can customize your license to include or exclude any of the above terms, however by design the following usages cannot be disabled for personal use:

• Display online (inc. without limitation, as a profile picture)

• Distribute (i.e. reselling to someone else)

• Reproduce (i.e. transferring the NFT item)

• Perform (i.e. playback of associated media)

4

Set your supply

You can set it as a single edition, where only 1 item is available for sale or a limited edition where multiple copies of the same item will be available to multiple buyers.

It's important to note that when listing your collectible for sale, if it's a limited edition of multiple copies, you are able to list a variable quantity for sale as part of a planned release schedule.

For example, if you mint a collectible with 100 editions, you may choose to list only the first 25 editions for sale initially. Once this release has sold out, you may list the next 25 and so on until you have sold out.

Alternatively, if you plan to release multiple "drops" of the same or similar collectible items as part of marketing strategy, you can mint multiple collectibles where the volume/drop # is included as part of the title or description.

5

Setup resale royalties

You must choose whether or not you wish to receive a royalty payment when your collectible is re-sold on secondary marketplaces such as OpenSea, Rarible and more.

We recommend you enable royalties on all collectibles you create in order to receive ongoing revenue related to your inventory when it is sold.

You can set the royalty % between 0.01% to 50% max.

As part of enabling resale royalties, you must also define a royalty recipient wallet address. By default, your Revelator Pro smart contract wallet is pre-filled. This means royalties will accrue in your Revelator Pro account for you to withdraw and pay to your rights holders.

6

Optional: List your collectible for sale

As part of the NFT creation, you may choose to immediately list your collectible for sale on your storefront. This combines minting and listing your collectible in the same blockchain action.

If you choose to proceed, you must configure the following sale information:

• Sale Price: set the price you wish to list your collectible for.

  • This price is set in either ETH (on Base) or POL (on Polygon)

• Quantity for Sale: If your collectible is a limited edition, you may set the amount of editions you are listing for sale out of the total available.

7

Mint (& list) your collectible

When ready to proceed, click Create NFT at the bottom of the screen to proceed in minting (and listing if enabled) your collectible. You will be shown a small preview of your collectible and asked to confirm in order to proceed.

On proceeding, your media will be uploaded to IPFS, and your collectible will be minted on blockchain. If you chose to additionally list your collectible for sale, it will then be listed directly for sale on your storefront too.

Revelator NFTs follow the EIP-1155 standard so even though you are uploading a single media asset, you are actually minting a collection (that can include a single collectible item of one or multiple copies of the same media, or multiple different collectibles made up of different files and metadata).

---

FAQ

When do I receive royalties from NFT items sold?

Say one of your NFTs is purchased from your storefront. The following will occur:

• The Sale price amount (less our service fee) goes to your wallet in Revelator Pro.

• NFT items sold will move to the buyers wallet/account (outside of Revelator Pro).

• You will still be able to track the item from the sold tab in your Collectibles page.

Now the buyer may decide to hold the NFT for an extended period or they may re-list it for sale on third-party marketplaces such as OpenSea.

When the buyer sells the NFT, the following will occur:

• Sale price amount (minus the royalty %) will go to the buyer who listed it for sale.

• Royalty % will go to the royalty recipient (defined in the NFT at creation)