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How to make royalty enforcement for the Solana NFT collection.
What is pNFT? How to make royalty enforcement?
Decided to make royalty enforcement for your NFT collection? It’s easy and takes only… 14 days 😂
First, let me say there are a few ways to make royalty enforcement. MagicEden built their way to enforce royalty on Solana a few months ago. But I decided to use Metaplex Royalty Enforcement protocol for Ducks and Pigeons.
To implement it, first, you must ensure that your collection uses the Metaplex Certified Collection Standard.
Danger Valley Ducks collection was launched in December 2021, and, of course, it doesn’t follow the certified collection standard.
Birds Aren’t Real collection were launched in June 2022, and doesn’t follow the standard as well.
It’s easy to migrate your collection to the new Metaplex Certified Collection Standard. Just use their front-end tool here. You can edit the collection and add new NFTs there in the future.
Notice that you have to use your Update Authority wallet, and all NFTs in your collection should have the same Update Authority.
A few common mistakes which you can make during this process:
Don’t create multiple collections for the same list of NFTs. They will be split between these collections, and you won’t be able to manage them correctly.
Don’t use Metaboss to migrate to the Metaplex Certified Collection Standard if you want to use Metaplex front-end to edit your collection in the future (I made this mistake, and I will have to edit it manually every time, using Metaboss CLI).
You have to use your Update Authority wallet to migrate the collection
All NFTs in your collection should have the same Update Authority.
How to migrate Solana NFT collection to pNFT.
First of all, what is pNFT? That’s a Programmable NFT standard, which Metaplex created to make royalty enforcement.
How to migrate the collection to pNFT? Metaplex created an easy-to-use front-end tool.
Again, you have to use your update authority wallet to do this. Just wait a few minutes once Metaplex fetches all your collections and NFTs eligible for migration, and start the migration process.
You will have to wait 14 days until you can finish the migration, and also, you will have to announce to your holders that you will make royalty enforcement. That’s a requirement from Metaplex. I am not sure they will check this, but cmon, notify your holders before doing it.
And you are done. I am waiting 14 days and will announce on my Twitter once the migration is done.