General Concepts

Good to know

When you create content on FOTON you can do one of the following: - Create a Project, which can be your Artist name, your Brand name, a DAO, etc. - Create a Collection inside a Project, which can be a mix of artworks grouped together, tickets for an event, membership cards for your Brand, a set of items for your Game, etc. - Create Items inside a Collection or directly inside a Project. In both of these cases the Parent will impose a couple of settings to all the items it holds, like Royalties.

Licenses and Royalties are very important for NFTs as they determine how the Collectors can use your items after they buy them and also how much you can get from every secondary sale on the FOTON Marketplace or outside of it, depending on the type of Royalties you set. Read further to see how each of them works.