Learn answers to frequently asked questions on Netsea.
You'll need digital currency, a crypto wallet, and an Value Mints account to start buying or selling NFTs using Value Mints.
Value Mints is a tool you use to interact with the blockchain. We never take possession of your items or store your NFTs. Instead, we provide a system for peer-to-peer exchanges. Since you’ll be using Value Mints to interact directly with others on the blockchain, you’ll need a wallet to help you turn your actions in the browser into transactions on the blockchain. You can see the available wallets in our help center guide,
You can view your transaction details after login to Value Mints. Just the option on the menu after login. Please note that NFT tarnsaction details (e.g sales, bids and purchase) id different from investment dashboard transaction details
Yes, there are royalties on Value Mints. Aside from the standard service fee that Value Mints charges on every transaction, royalties are the share of each sale that goes to the original creator.
Obviously, if you’re a trader, it’s all the same to you because royalties and service fees are cost factors that you need to take into consideration.
Value Mints royalties as well as the payout address for creator earnings are set in the relevant collection settings. While proceeds from primary sales are immediately forwarded to the creator’s address, his royalties are usually held by Value Mints for a period of 2-4 weeks before they are paid out. It also applies to royalties on primary sales.
When an artist creates a new NFT and lists it on Value Mints, he can either auction off the item or set a fixed sales price.
Once the NFT is sold, the artists receive the proceeds from the primary sale minus the Value Mints service fee.
Royalties are not automatically set on Value Mints and in order to do so, you must first create a collection and then add the NFT to that collection.
Creator royalties, as well as the payout address, are defined at the collection level.
On Value Mints, navigate to the top right of the page, click your profile icon, and select Profile.
Select the NFT you would like to sell from your wallet. If you don't have an NFT available to sell, check out our create an NFT tutorial to get started.
Once you have a wallet, you'll be able to create your own NFTs. Navigate to valuemints.com and click the Create button in the menu bar. Now you can connect your wallet with Value Mints and get to work. Create a name for your NFT collection, then click the Add New Item button
