NFTs2Me
  • πŸ’‘What is NFTs2Me?
  • πŸ›‘οΈContracts Audit
  • Create and deploy NFT Collection
    • ℹ️Initial Steps
    • πŸ–ΌοΈEditions Collection
    • 🎭Drops Collection
    • 🎨Generative Art Collection
      • 🎎Creating NFT Collection with Subcollections
      • πŸ¦Έβ€β™‚οΈHow to Add 1/1 NFTs to Your Generative Art Collection
    • Ⓜ️Minting types
    • πŸ…°οΈDeploy Advanced Options
      • Initial Phase
      • Mint NFTs at creation
      • Revenue distribution
      • Souldbound collection
      • Metadata public/delayed reveal
    • πŸ’°Minting Page
    • πŸ“œProtocol Fee
  • Features
    • πŸ–ΌοΈArt Generator (no code)
    • ⛓️Multichain
    • πŸ’³Credit Card / FIAT Payments
    • πŸ’ΈERC-20 / Stablecoins minting fee
    • πŸ’±Any-payments
    • πŸ€–DallE-2 + ChatGPT AI NFTs
    • πŸ—οΈCollections as NFTs (Ownership)
    • 🌏Custom mint pages and widget
    • πŸ”ƒIPFS Hosting
    • πŸ–‡οΈCustom IPFS URI
      • πŸ–‡οΈCustom IPFS URI Artwork
    • πŸ”—Custom HTTP URL
      • πŸ”—Custom HTTP URL Artwork
    • πŸ‘€Soulbound (Non-transferable NFTs)
    • πŸšͺToken Gating
    • πŸŒ†NFT Holders Snapshots
    • πŸ“œRedeemable NFTs (POAPs)
    • 🎰Automatic Logo and Banner Generation
    • πŸ™ˆPlaceholder (Delayed Reveal)
    • πŸŽ›οΈMinting Types
      • πŸ”’Sequential Minting
      • πŸ‘†Specify Minting
      • 🎲Random Minting
    • πŸ’°Split Revenue
    • πŸͺ‚Airdrops / free minting with CSV batch sending
    • πŸ“ƒFlexible Whitelist with CSV batch sending
    • πŸ§ͺTestnet deploy
    • πŸ’΅Creator Fee Enforcement (NFT royalties)
    • πŸ“°Decentralized Governance & on-chain voting
    • πŸ—ƒοΈExtend rich metadata
    • πŸ’²Affiliates System
    • β›½Gas efficient contracts
    • 😎ENS domain resolution
    • πŸ‚Farcaster Integration
    • Referral System
  • Dashboard
    • πŸ‘“Overview
    • 🌎Minting Page
    • βš™οΈMint Settings
    • πŸ’²Earnings, royalties and protocol fee
    • πŸͺ‚Airdrops
    • πŸ“„Whitelists
    • 🏑Ownership
    • 🦸Affiliates
    • 🧰Utils
    • πŸšͺToken Gating
    • πŸ’³Credit Card Payments
  • More
    • πŸ”‘Custom Needs
    • πŸ“¬Contact
    • πŸ›£οΈRoadmap
    • πŸ“ˆTrending collections
    • πŸ‘¨β€πŸ«Creator Profile
  • NFT Media types
    • πŸ“‘Media metadata
    • πŸ–ΌοΈImage support
    • πŸ“½οΈVideo support
    • πŸ”ŠAudio support
    • πŸ“”PSD support
    • 🟦3D support
  • Supporters
    • πŸ₯‡Supporter PIN
    • ⬆️Booster Pack
    • πŸ™‹Get Discord roles
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On this page
  • Earnings
  • Royalties
  • Enforced Royalties
  • Remove Protocol Fee
  1. Dashboard

Earnings, royalties and protocol fee

Show/withdraw the earnings, show/change/enforce royalty fees, and remove protocol fee

PreviousMint SettingsNextAirdrops

Last updated 4 months ago

Using this section of the dashboard you'll be able to show and withdraw the current earnings of the NFT collection, show and change the NFT Royalty fee information, show and change the Enforced Royalties to force honouring NFT Royalties on all marketplaces, and remove the Protocol Fee.

Earnings

This subsection displays and allows you to manage all the earnings from the collection, whether they are direct mints on the minting page or royalties from secondary sales.

Your earnings from minting and royalties from secondary sales are kept in your smart contract, you can transfer them to your wallet at any time.

In "Current Balance," we'll see the funds we haven't withdrawn from the contract yet. If we hover over it, we can see the pending balance and the already withdrawn balance.

If there's pending balance, the withdraw button will be active for us to transfer the funds to our wallet.

Once the available balance is withdrawn, it will be 0, and the already dispensed and extracted balance will include the funds we've withdrawn.

Royalties

What are NFT Royalties?

NFT royalties are a percentage of the sale price paid to the NFT creator or rights holder every time the NFT is resold on a secondary market. This system allows creators to earn ongoing revenue beyond the initial sale of their work, supporting sustainable funding for artists and other NFT creators.

How do NFT Royalties work?

  • Marketplace Variability: While many marketplaces adhere to this standard, some may require additional configuration to ensure royalties are paid. Others might not support royalties at all or may impose limits on the royalty percentage they honor.

Configuring Royalties on NFTs2Me

In this section, you can set and update the percentage of royalties you want to receive for each secondary sale of your NFTs. Here's what you need to know:

  • Range of Royalties: You can set royalties anywhere between 0% and 50%.

  • Best Practices: It is recommended to set royalties between 0% and 10%, as many marketplaces may ignore royalties above this threshold.

Important Considerations

  • Marketplace Support: Not all marketplaces fully support royalties. Some adhere to the ERC-2981 standard, while others may require manual configuration to enforce royalty payments or even disregard royalties altogether.

  • Enforced Royalties: To ensure royalties are always paid, you can enable the Enforced Royalties feature for your collection. This will limit where your NFTs can be sold, ensuring that marketplaces honor the royalties.

To maximize royalty payments and avoid complications, consider enabling Enforced Royalties and setting a reasonable percentage.

Be aware that marketplaces ignoring the ERC-2981 standard may not pay royalties unless configured manually or even disregard royalties altogether. To ensure royalties are paid, consider enabling Enforced Royalties for your collection.

Enforced Royalties

Enforced royalties allows you to enforce royalties on secondary sales of your NFTs. This means that you can set a percentage of the sale that you will recieve every time it is sold. This is a great way to ensure that creators are compensated fairly for their work.

Remove Protocol Fee

Defined Standard: Royalties are typically defined using the , which is widely supported by NFT marketplaces.

The protocol fee is used to fund the development of the platform and the maintenance of the smart contracts. You can remove it at any time. To know more about the Protocol Fee and how to remove it, check the section .

πŸ’²
ERC-2981 standard
For more information check the section CREATOR FEE ENFORCEMENT.
Protocol Fee