NFTs can enable creators to receive royalties on the subsequent sales of their works. If you mint NFTs on Verisart, you can receive royalties from OpenSea, Rarible and other EIP-2981 standard-compatible platforms.
Below is an overview of how royalties work on different platforms.
| Verisart Contract | Custom Contract |
OpenSea | Royalties set to 10% and distributed monthly by Verisart | Royalties set by you and we recommend you configure them on OpenSea. (see below for instructions) |
Rarible | Set by you in the Verisart minting form. Select preferred wallet to receive royalties. | Set by you from the Verisart minting form. Select preferred wallet to receive royalties. |
Other EIP-2981 compatible platforms | Set by you in the Verisart minting form. Select preferred wallet to receive royalties. | Set by you from the Verisart minting form. Select preferred wallet to receive royalties. |
Royalties on the Verisart contract
OpenSea
Indicate the wallet address where you want to receive royalties.
The royalties are set at 10% and are payouts occur in bulk every month
Rarible & other EIP-2981 compatible platforms
Indicate the royalties percentage and wallet address where you want to receive them
Royalties on custom contracts
OpenSea
If you have deployed a custom contract, you must configure your royalties on OpenSea to receive royalties from secondary sales on that marketplace.
Follow the instructions here: Setting royalties on OpenSea
Rarible & other EIP-2981 compatible platforms
Enter the royalties percentage and preferred wallet address to receive royalties.