EXAMPLES
Every mint on the TITLES protocol now has a collectors fee of 0.0005 ETH. This fee is consistent across all collections but depending on the if the creator sets a price on their work, the dynamics on pricing change. All pay outs are made via Splits. Here’s a breakdown on how it works:
If the collection with attributions has no price:
The collector fee is shared amongst TITLES, the creators of models or media within the composition, and the creator.
If the collection with attributions is priced (1 ETH):
If creators set a price on their creations, they retain 100% of their earnings minus 25% if there are attributed models or media within their composition. TITLES does not take a share of the price set by the creator but instead takes 100% of the mint fee.
If the collection has zero attributions has no price: