Receiving Royalties From Secondary Sales
Get paid royalties each time your NFT is re-sold
Enable Resale Royalties
In our complete guide to creating your first NFT we discussed how you could set your NFT items resale royalties at the time of minting. By enabling resale royalties for your NFT, you will receive ongoing revenue related to your inventory each time your NFT item is re-sold by fans to other parties via third-party marketplaces (such as OpenSea).
You can set the royalty % between 0.01% to 50% max.
As part of enabling resale royalties, you must also define a royalty recipient 0x address. By default your accounts Revelator wallet is pre-filled. This means royalties will accrue in your Revelator Pro account for you to withdraw and pay to your rights holders.
You can alternatively set the royalty recipient to any other wallet or smart contract address of your choosing. If you do decide to do this, please ensure the address you input is correct, as it cannot be changed once your NFT is minted.
FAQ
Last updated