OpenSea Adds New Royalty Feature

OpenSea Adds New Royalty Feature

OpenSea added a new feature for setting up collection royalties according to a recent tweet.

Creators are now able to set royalty payouts to go to multiple wallets instead of just one. 

This can be a way to allow collaboration piece royalties to go to multiple creators instead of just the contract creator.

To set up this new feature, creators must go to their profile and then to the "My Collections" tab.

From there they will hit "Edit" and then click "Creator earnings" where they will be able to set up the royalites.

Users must input the wallets that the royalties will go to and then pick what percent of the payout goes to which wallets. 

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.