⚖️How much Royalties will I receive?

Royalties Calculation

The AUDIO NFT owner gets 50% of the mint price assigned as an instantly claimable royalty amount.

Every time someone mints an AUDIO NFT using an existing AUDIO NFT, the owner of the existing AUDIO NFT is entitled to an instantly claimable 50% of the newly created AUDIO NFT mint price.

For example, Artist / Creator A mints a new Audio NFT paying 20 FTM mint price. Artist / Creator / Fan B creates an AUDIO NFT using A's AUDIO NFT also paying 20 FTM mint price.

A is entitled to 50% of B's mint price. In this case A is entitled to 10 FTM, instantly claimable.

Every time someone uses A's AUDIO NFT A is entitled to half the current mint price of an AUDIO NFT. If the current mint price increases to 40 FTM, then A is entitled 20 FTM per new AUDIO NFT using A's Audio NFT.