How Do Royalties Work?
When you create a NFT (or make a collection) on Featured, you can set the royalty % yourself. We recommend users to set royalties at 10% but you can adjust the value anywhere between 0%-50%.
It is not possible to set royalty beyond 50%.
For example, when someone buys an NFT from you and resells it on Featured, you will still receive the % of that sale based on the royalty you set originally. Do note that this royalty % cannot be reversed or changed once the NFT is minted.