#Tutorial #Guide #Royalties

Safeguarding Your Royalties: A Guide to Updating Your Royalty Operator Filter Subscription on NFT Marketplaces

NiftyKit

Feb 29, 2024

NiftyKit

Feb 29, 2024

NiftyKit

Feb 29, 2024

Create Base NFT Collection on NiftyKit

As the NFT market continues to grow, it is more important than ever for creators to take proactive steps to protect their earnings and ensure fair compensation for their work. By updating your royalty operator filter subscription on NFT marketplaces, you can block trading or buying on platforms that do not prioritize creator earnings and ensure that your royalties are respected and paid out appropriately. With platforms like NiftyKit and Magic Eden leading the way in prioritizing creator earnings, creators can rest assured that their hard work will be rewarded fairly in the world of NFTs.

Understanding Royalty Operator Filters

Royalty operator filters are tools or features provided by some NFT marketplaces that allow creators to control whether their royalties are included when NFTs are traded or sold. By subscribing to specific lists or services, creators can ensure that their royalties are respected and paid out appropriately. However, not all NFT marketplaces automatically enforce royalties, making it essential for creators to take proactive steps to safeguard their earnings.

Why It Matters and How It Affects You as NFT Creator

For creators, royalties serve as a vital source of income, allowing them to continue producing art and supporting themselves financially. However, without proper enforcement mechanisms in place, there is a risk that creators' royalties may be overlooked or disregarded when NFTs change hands. By updating your royalty operator filter subscription, you can ensure that your earnings are protected and that you receive fair compensation for your work.

How to Update Your Royalty Operator Filter Subscription

If you want to keep your royalties, the following steps will walk you through blocking specific operators and opt for NFT marketplaces like Magic Eden, which prioritizes creators' earnings.

For collections created with NiftyKit, all Ethereum Mainnet and Polygon Diamond Contracts (created March 2023 onwards) are fully compatible with Magic Eden’s standards. Plus, we’re providing updated contract filters to ensure a seamless transition for our users. Looking to create a collection that is compatible with updating operator filters and managing creator royalties, create your collection here with 0% sales fee)

Requirements

To complete this walkthrough, you will require:

  • Your collection’s contract address

  • Access to the wallet address you used to create the contract/collection (Collection owner address)

  • Some ETH or Polygon in the owner's wallet for operation

Step1: Check if you are currently subscribed to the default registry maintained by OpenSea.
  1. Check if you are subscribed to the default operator filter registry maintained by OpenSea.

2. Scroll down and find “10. isRegistered,

3. Paste your collection’s contract address into the “registrant” field

  1. Select “query.” This query doesn’t need your wallet connected thus, it is safe and free.

The response will be “true” if your collection token contract is an existing registrant of the default Open Sea operator filter registry:

The response will be “false” if your collection’s token contract is not an existing registrant of the default Open Sea operator filter registry.

You are good if you are an existing registrant (query returns true). If not, please see the “How to switch to default registry” section. Once complete, please continue to the next step.

Step 2: Check if you are currently subscribed to the Magic Eden default subscription

The next step is to check if you are subscribed to the default subscription.

  1. Go to “13. subscriptionOf,

  2. Paste your collection’s contract address into the “registrant” field,

  3. Select “query.” The query doesn’t need your wallet connected thus, it is safe and free.

  4. Check the subscription address.

Take a note of the subscription address. In the following example, the (3) subscription address is 0xCcB7BD34a1fC6D256E3A9121ABa7bD3eEe28F885.

You may see different subscription addresses. If your subscription address is 0xB197F889dd1550533A0F1112dbD5B12e5dded25d, you are subscribed to MagicEden default subscription. You are all set.

If your subscription address is NOT 0xB197F889dd1550533A0F1112dbD5B12e5dded25d, please follow the next step to change the subscription to MagicEden subscription.

Step 3: Subscribe to the Magic Eden List

In this step, you need to connect your collection owner wallet to Web3 to perform a write operation. You will also need some ETH in your wallet to pay for the gas transaction.

  1. Connect the collection’s owner wallet by clicking “Connect to Web3” and follow up the instructions from your wallet.

  2. Click “5. subscribe

  3. Paste your collection’s token contract address into the “registrant” field.

  4. Paste 0xB197F889dd1550533A0F1112dbD5B12e5dded25d into the “newSubscription” field.

  5. Click “write” to submit. (Sign in with your wallet and a gas fee is required)

  6. Your collection will now be blocking the Blur and OpenSea marketplace contracts.

How to switch to the default registry

In some rare cases, your collection contract is not subscribing to the default OpenSea registry. Please contact Magic Eden for further assistance.

Need to Create a Collection and stay ahead with updateable operator filters?

Create here

#Tutorial #Guide #Royalties

Safeguarding Your Royalties: A Guide to Updating Your Royalty Operator Filter Subscription on NFT Marketplaces

NiftyKit

Feb 29, 2024

NiftyKit

Feb 29, 2024

NiftyKit

Feb 29, 2024

Create Base NFT Collection on NiftyKit

As the NFT market continues to grow, it is more important than ever for creators to take proactive steps to protect their earnings and ensure fair compensation for their work. By updating your royalty operator filter subscription on NFT marketplaces, you can block trading or buying on platforms that do not prioritize creator earnings and ensure that your royalties are respected and paid out appropriately. With platforms like NiftyKit and Magic Eden leading the way in prioritizing creator earnings, creators can rest assured that their hard work will be rewarded fairly in the world of NFTs.

Understanding Royalty Operator Filters

Royalty operator filters are tools or features provided by some NFT marketplaces that allow creators to control whether their royalties are included when NFTs are traded or sold. By subscribing to specific lists or services, creators can ensure that their royalties are respected and paid out appropriately. However, not all NFT marketplaces automatically enforce royalties, making it essential for creators to take proactive steps to safeguard their earnings.

Why It Matters and How It Affects You as NFT Creator

For creators, royalties serve as a vital source of income, allowing them to continue producing art and supporting themselves financially. However, without proper enforcement mechanisms in place, there is a risk that creators' royalties may be overlooked or disregarded when NFTs change hands. By updating your royalty operator filter subscription, you can ensure that your earnings are protected and that you receive fair compensation for your work.

How to Update Your Royalty Operator Filter Subscription

If you want to keep your royalties, the following steps will walk you through blocking specific operators and opt for NFT marketplaces like Magic Eden, which prioritizes creators' earnings.

For collections created with NiftyKit, all Ethereum Mainnet and Polygon Diamond Contracts (created March 2023 onwards) are fully compatible with Magic Eden’s standards. Plus, we’re providing updated contract filters to ensure a seamless transition for our users. Looking to create a collection that is compatible with updating operator filters and managing creator royalties, create your collection here with 0% sales fee)

Requirements

To complete this walkthrough, you will require:

  • Your collection’s contract address

  • Access to the wallet address you used to create the contract/collection (Collection owner address)

  • Some ETH or Polygon in the owner's wallet for operation

Step1: Check if you are currently subscribed to the default registry maintained by OpenSea.
  1. Check if you are subscribed to the default operator filter registry maintained by OpenSea.

2. Scroll down and find “10. isRegistered,

3. Paste your collection’s contract address into the “registrant” field

  1. Select “query.” This query doesn’t need your wallet connected thus, it is safe and free.

The response will be “true” if your collection token contract is an existing registrant of the default Open Sea operator filter registry:

The response will be “false” if your collection’s token contract is not an existing registrant of the default Open Sea operator filter registry.

You are good if you are an existing registrant (query returns true). If not, please see the “How to switch to default registry” section. Once complete, please continue to the next step.

Step 2: Check if you are currently subscribed to the Magic Eden default subscription

The next step is to check if you are subscribed to the default subscription.

  1. Go to “13. subscriptionOf,

  2. Paste your collection’s contract address into the “registrant” field,

  3. Select “query.” The query doesn’t need your wallet connected thus, it is safe and free.

  4. Check the subscription address.

Take a note of the subscription address. In the following example, the (3) subscription address is 0xCcB7BD34a1fC6D256E3A9121ABa7bD3eEe28F885.

You may see different subscription addresses. If your subscription address is 0xB197F889dd1550533A0F1112dbD5B12e5dded25d, you are subscribed to MagicEden default subscription. You are all set.

If your subscription address is NOT 0xB197F889dd1550533A0F1112dbD5B12e5dded25d, please follow the next step to change the subscription to MagicEden subscription.

Step 3: Subscribe to the Magic Eden List

In this step, you need to connect your collection owner wallet to Web3 to perform a write operation. You will also need some ETH in your wallet to pay for the gas transaction.

  1. Connect the collection’s owner wallet by clicking “Connect to Web3” and follow up the instructions from your wallet.

  2. Click “5. subscribe

  3. Paste your collection’s token contract address into the “registrant” field.

  4. Paste 0xB197F889dd1550533A0F1112dbD5B12e5dded25d into the “newSubscription” field.

  5. Click “write” to submit. (Sign in with your wallet and a gas fee is required)

  6. Your collection will now be blocking the Blur and OpenSea marketplace contracts.

How to switch to the default registry

In some rare cases, your collection contract is not subscribing to the default OpenSea registry. Please contact Magic Eden for further assistance.

Need to Create a Collection and stay ahead with updateable operator filters?

Create here

#Tutorial #Guide #Royalties

Safeguarding Your Royalties: A Guide to Updating Your Royalty Operator Filter Subscription on NFT Marketplaces

NiftyKit

Feb 29, 2024

NiftyKit

Feb 29, 2024

NiftyKit

Feb 29, 2024

Create Base NFT Collection on NiftyKit

As the NFT market continues to grow, it is more important than ever for creators to take proactive steps to protect their earnings and ensure fair compensation for their work. By updating your royalty operator filter subscription on NFT marketplaces, you can block trading or buying on platforms that do not prioritize creator earnings and ensure that your royalties are respected and paid out appropriately. With platforms like NiftyKit and Magic Eden leading the way in prioritizing creator earnings, creators can rest assured that their hard work will be rewarded fairly in the world of NFTs.

Understanding Royalty Operator Filters

Royalty operator filters are tools or features provided by some NFT marketplaces that allow creators to control whether their royalties are included when NFTs are traded or sold. By subscribing to specific lists or services, creators can ensure that their royalties are respected and paid out appropriately. However, not all NFT marketplaces automatically enforce royalties, making it essential for creators to take proactive steps to safeguard their earnings.

Why It Matters and How It Affects You as NFT Creator

For creators, royalties serve as a vital source of income, allowing them to continue producing art and supporting themselves financially. However, without proper enforcement mechanisms in place, there is a risk that creators' royalties may be overlooked or disregarded when NFTs change hands. By updating your royalty operator filter subscription, you can ensure that your earnings are protected and that you receive fair compensation for your work.

How to Update Your Royalty Operator Filter Subscription

If you want to keep your royalties, the following steps will walk you through blocking specific operators and opt for NFT marketplaces like Magic Eden, which prioritizes creators' earnings.

For collections created with NiftyKit, all Ethereum Mainnet and Polygon Diamond Contracts (created March 2023 onwards) are fully compatible with Magic Eden’s standards. Plus, we’re providing updated contract filters to ensure a seamless transition for our users. Looking to create a collection that is compatible with updating operator filters and managing creator royalties, create your collection here with 0% sales fee)

Requirements

To complete this walkthrough, you will require:

  • Your collection’s contract address

  • Access to the wallet address you used to create the contract/collection (Collection owner address)

  • Some ETH or Polygon in the owner's wallet for operation

Step1: Check if you are currently subscribed to the default registry maintained by OpenSea.
  1. Check if you are subscribed to the default operator filter registry maintained by OpenSea.

2. Scroll down and find “10. isRegistered,

3. Paste your collection’s contract address into the “registrant” field

  1. Select “query.” This query doesn’t need your wallet connected thus, it is safe and free.

The response will be “true” if your collection token contract is an existing registrant of the default Open Sea operator filter registry:

The response will be “false” if your collection’s token contract is not an existing registrant of the default Open Sea operator filter registry.

You are good if you are an existing registrant (query returns true). If not, please see the “How to switch to default registry” section. Once complete, please continue to the next step.

Step 2: Check if you are currently subscribed to the Magic Eden default subscription

The next step is to check if you are subscribed to the default subscription.

  1. Go to “13. subscriptionOf,

  2. Paste your collection’s contract address into the “registrant” field,

  3. Select “query.” The query doesn’t need your wallet connected thus, it is safe and free.

  4. Check the subscription address.

Take a note of the subscription address. In the following example, the (3) subscription address is 0xCcB7BD34a1fC6D256E3A9121ABa7bD3eEe28F885.

You may see different subscription addresses. If your subscription address is 0xB197F889dd1550533A0F1112dbD5B12e5dded25d, you are subscribed to MagicEden default subscription. You are all set.

If your subscription address is NOT 0xB197F889dd1550533A0F1112dbD5B12e5dded25d, please follow the next step to change the subscription to MagicEden subscription.

Step 3: Subscribe to the Magic Eden List

In this step, you need to connect your collection owner wallet to Web3 to perform a write operation. You will also need some ETH in your wallet to pay for the gas transaction.

  1. Connect the collection’s owner wallet by clicking “Connect to Web3” and follow up the instructions from your wallet.

  2. Click “5. subscribe

  3. Paste your collection’s token contract address into the “registrant” field.

  4. Paste 0xB197F889dd1550533A0F1112dbD5B12e5dded25d into the “newSubscription” field.

  5. Click “write” to submit. (Sign in with your wallet and a gas fee is required)

  6. Your collection will now be blocking the Blur and OpenSea marketplace contracts.

How to switch to the default registry

In some rare cases, your collection contract is not subscribing to the default OpenSea registry. Please contact Magic Eden for further assistance.

Need to Create a Collection and stay ahead with updateable operator filters?

Create here