NFT royalties or Creator fees are a core value proposition of NFTs, but they’re also a touchy subject. As the debate surrounding NFT royalties rages on, one thing’s for sure: abandoning royalties means creators would be parting with a substantial source of passive income—and potentially leaving millions on the table. As NFTs become more popular …
Controlling NFT Royalties in Your Own Smart Contract Read More »
Gas is the unit that measures the amount of computational power required to execute operations within a specific blockchain that is used to facilitate them. Since each transaction requires operational resources in order for it to be executed, each one has a fee as well, and this fee is the gas we pay. But how …
What Are Gas Wars and How to Save Money on Ethereum Gas Fee Read More »
When we go over the royalties connected with NFTs, these are typically set by the owner throughout the initial minting process. What this essentially means is that royalties from NFTs give the original owner a percentage of the sale price every single time the NFT creation is sold within a specific marketplace. This will typically …
An In-Depth look at Royalties and Revenue Splits for NFTs Read More »
Close all windows, restart device, browser, wallet app. Is your iOS or Android Operating system up-to-date? Is Metamask or wallet application the latest version? Clear browser cache, cookies, and reset Metamask Are you connected to Ethereum Mainnet or Polygon network? Disconnect & re-connect wallet to website We are early in the blockchain space and as …
Common NFT Minting Errors On Drop Day And How To Fix Them Read More »
As a developer in this space, I’ve participated in numerous drops and have written Solidity code for all kinds of projects. I’ve also seen a lot of projects that have failed, and you’ve guessed it, for developer-related reasons. If you consider hiring one for your project and are ready to give up more than 10% …
Starting your NFT project? Don’t hire a developer for it. Read More »
Redeemables allow you to invite your collectors using a special link that will let them mint NFTs from your collection. Set a quantity, max per mint, then share on social media. As your buyers mint you will earn revenue for each NFT redemption. Create hype by creating a presale list (coming soon!) that will only …
Redeemable NFT Collections For Promos and Event Tickets Read More »
Based on community feedback and our internal roadmap, we have released our latest version of the NiftyKit app. This is a big release with lots of user experience improvements and fresh new features for you to use for your drop. Not a DropKit member yet? Tell us about your project and get on the waitlist …
Gas is the unit that measures the amount of computational power required to execute operations within a specific blockchain that is used to facilitate them. Since each transaction requires operational resources in order for it to be executed, each one has a fee as well, and this fee is the gas we pay. But how …
What Are Gas Wars and How to Save Money on Ethereum Gas Fee Read More »
Key Takeaways: New Name, Image, and Likeness (NIL) mean that college athletes have dozens of new ways to monetize their personal brand One of the most popular ways is to create and sell artwork as NFTs using the blockchain Thousands of athletes have already launched their own NFT storefronts to have greater control over commissions …
In the world of collectibles, there are non-fungible tokens (NFTs) known as profile picture avatar projects that have gathered a high level of popularity and have even gone as far as building their own communities. These projects are also known as PFP projects. PFP is an acronym in texting and social media for a profile …