Create NFTs
Once you've uploaded your songs, you may choose to create NFTs from some (or all) of them. The process is simple and you'll only need to fill out three minimum requirements in order to create your NFTs for free: price, supply, and resale percentage (a.k.a. creator royalties)
Price & supply
When creating NFTs, it's important to set the maximum quantity available and the price per copy.
| NFT Fields | Description |
|---|---|
| External URL | A URL where you'd like NFT holders to be redirected to. |
| Supply | Total number of NFTs available. |
| Price | Price per copy. Ensure you select the correct currency. |
Attributes
This will help set your NFTs aside from others. Add descriptive attributes that will incentivise holders to collect more NFTs.
Creator royalties
Here's where you'll set a "commission" to be earned by the creators whenever the songs are re-sold on secondary market.
| NFT Element | Description |
|---|---|
| Resale percentage | a.k.a. creator royalties. A percentage to be earned by the creators for every secondary market sale. |
Please note that the term "creator royalties" is a commission earned. This is different from music royalties. Whether you decide to create an NFT or not, the royalties generated from metaverse & web3 game usage will still be collected.
