Creating a video NFT on Glass costs money. The create fee goes towards the continued development of Glass and the community treasury. The create fee is 10% of the number of editions times price.

Make sure to have 3 sol in your wallet to start.

Lets do an example:

EDITIONS: 50

PRICE: 0.5 SOL

EDITIONS (50) * PRICE (0.5 SOL) * 10% = 2.5 SOL

CREATE FEE: 2.5 SOL

Let’s do another example where you decide to initially price your editions for free. The create fee would be completely waived.

EDITIONS: 50

PRICE: 0 SOL

EDITIONS (50) * PRICE (0 SOL) * 10% = 0 SOL

CREATE FEE: 0 SOL

During the primary sale, you receive 90% of the primary sale revenue. The remaining 10% goes to Glass. Keep in mind we reinvest all of our proceeds into supporting the community, doing airdrops, etc.

Lets do an example:

EDITIONS: 100

PRICE: 1 SOL

CREATOR PROFIT: 90 SOL

GLASS FEE: 10 SOL

The collection entirely sells out the 100 SOL worth of editions in the primary sale. 90 sol goes to the creator, 10 sol goes to Glass which gets reinvested in the community.

The creator receives 90% which they can split up amongst collaborators. Glass receives 10% on primary sales.

During the secondary sale you receive 8% of whatever the secondary sale amount was, and glass receives 2%. For EVERY SINGLE SECONDARY TRADE you will immediately receive 8% of that trade amount paid out to your wallet.

Let’s do an example:

One of your NFTs sells on the secondary market for 100 SOL!!!

CREATOR ROYALTY: 8 SOL

GLASS ROYALTY: 2 SOL

The seller receives 90%. The OG creator receives 8% royalty. Glass receives 2% royalty.