RESIDENCY NFT FAQ
What are NFTs?
A non-fungible token is a record on a blockchain which is associated with a particular digital or physical asset. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded.
What is Residency NFT?
Residency NFT is an NFT collection generator tool under the umbrella of NFT Stadium. It is a platform to enable creators to easily generate collections with traits and rarity, no code required, all while maintaining 100% artist ownership. Residency is an onramp for Web2 artists and creators looking to make that leap into Web3.
Why should I use Residency NFT?
Ease and ownership. A user interface that is easy for anyone to use, no code necessary. Just upload art and adjust rarity preferences. Generate collections of up to 20K supply. Upon creation, the artist receives a smart contract unique to their collection that they own.
Who can create an NFT collection on Residency?
Anyone above the age of 18 living in a non-sanctioned country where NFT or blockchain is allowed.
How many NFTs can I create with Residency?
Residency supports NFT collections of up to 20K.
Can I set trait rules and rarity?
Where will my NFT collection be minted?
Creators can select to generate a “mint” button and embed the mint button on their website or create a storefront on our website to start selling (premium package).
Can I set a mint date and reveal time?
How much does it cost?
Residency NFT has a tiered pricing structure:
What do I get when I use Residency NFT to generate my NFT collection?
- Unique, Audited Smart Contract that you OWN and can be deployed to the chain of your choice
- Generative NFT collection with your art and trait / rarity specifications
- Metadata Auto Input
- Unique Storefront or Mint Button
- Automated Art Reveal
- IPFS uploaded
- Bridge to opensea for secondary sale
Can I save my progress and come back later?
Yes! Our platform automatically saves your work as you go.
How Many NFTs can I mint?
As many as you want. Max supply is calculated based on traits. Collection size slider will update as you add.
Can I do a free mint?
Yes, just set the price to 0.
How long will my data be stored on your server?
How will metadata be named?
Simply click on the layer and name each trait. You will not be able to change once the smart contract is deployed.
*WARNING WHEN DEPLOYING*
Please make sure your wallet is connected to the correct blockchain you would like to mint to. You can deploy on testnet first.
What if I want to create a bespoke service for my collection such as strategic consulting, marketing plan, community outreach etc…..
You can contact EJ, our project manager at [email protected]