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    How Should an NFT Marketplace Structure Smart Contracts for Creator Royalties?

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    nft nft devlopment nft solutions nft marketplace nft lifecycle
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    • Vihan Richard
      Vihan Richard last edited by

      Hi everyone,

      As part of our ongoing work in NFT marketplace development, we often get asked about the best way to structure smart contracts to ensure fair and automated payouts for creators.

      A well-designed NFT marketplace solution should include:

      • Royalty logic in the smart contract: Use standards like ERC-2981 to define and enforce creator royalty percentages.

      • Secondary sale tracking: Ensure the smart contract can detect and distribute royalties on every resale.

      • Creator metadata: Link each NFT to its original creator for transparency and future proofing.

      • Multi-wallet payout options: Support for splitting royalties among collaborators or linked addresses.

      These features not only help support the NFT marketplace creator economy but also build long-term trust within the platform.

      At Webkul, we’ve implemented these structures in custom projects and can also extend platforms like Bagisto with NFT capabilities if you're looking to blend eCommerce with digital collectibles.

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