Setup Royalties

You can mint a CIP 27 royalty token for your collection that is supported by most marketplaces. If a royalty token is minted the specified wallet shall receive a share of all future sales on secondary markets. The royalty token is a no name token that must be the first asset minted under this policy id. It is common practice to mint and burn the token directly afterwards, you don't have to hold the token in your wallet. Once the token is minted, your royalty information is final and cannot be changed anymore.

In order to mint the royalty token just enter the desired wallet and percentage. To cover the transaction costs will be asked to send 2 ADA. Any leftover funds will be refunded after the mint.