MADNFT Docs
  • Welcome to MADNFT Marketplace Documentation
  • Whitepaper
    • Whitepaper
      • Introduction: Our Mission and Vision
      • Empowering Creators Through Storytelling
      • XP Points: Driving Visibility and Engagement
      • Community-Driven Tokenomics and Referral System
      • Meet the Founders
      • Meet the Team
      • Seamless Social Media Integration
      • Enhancing User Experience with Account Abstraction
      • MADNFT Academy: Tools for Creator Success
      • User-Friendly Platform: Basic and Pro Features
      • Social Verification and Digital ID
      • Top-Level Security and Certification
      • MADNFT’s Potential as a Leading NFT Marketplace
      • Go-to-Market Strategy: Launching on BASE
      • Financial Projections and Growth Potential
      • Split Royalties: Opportunities for Brands and Charities
      • Roadmap: A Chain-Agnostic Future
      • Pathway to Full Decentralization
      • Conclusion: Join Us in Making a Difference
    • Introduction: Our Mission and Vision
  • INTRODUCTION
    • About MADNFT
    • What is an NFT?
      • What is IPFS?
    • What is EVM?
  • MADNFT Marketplace
    • Introduction - MADNFT Marketplace
    • Features Overview
    • XP System
    • MADNFT User Profiles
    • Creating & Minting NFTs on MADNFT
    • FAQs
    • Privacy Policy
    • Terms of Service
    • MAD Academy
      • Welcome to MADNFT!
      • What Are NFTs?
      • Why Choose MADNFT for Your Smart Contracts?
      • Setting Up and Optimizing Your Creator Profile
      • Selecting and Pricing Your NFT Collections
      • Listing and Drop Options: Your Guide to Releasing NFTs
      • Effective Ways to Market Yourself as a Creator
      • Artists Helping Artists: The MAD Community Guide
      • Artists Helping Artists: Strengthening the MADNFT Community
      • Maximizing Your NFT Drops: A Step-by-Step Guide
      • Adding Value to Your Collectors and Audience
      • Adding Value to Your Audience and Collectors: Music NFTs
      • Supporting Projects, DAOs, and Charities on MADNFT
      • Welcome Back to MAD Academy: Exploring NFT Drop Options
    • Testnet
    • Fee Structure
  • MADNFT Smart Contracts
    • Minting Contracts
    • Marketplace Contracts
  • Contact Us
Powered by GitBook
On this page
  • What Are Smart Contracts?
  • Royalties: A Second Wave of Income
  • Customization for Infinite Possibilities
  • Empowering Artists with New Tools
  • Why Choose MADNFT for Your Smart Contracts?
  1. MADNFT Marketplace
  2. MAD Academy

Why Choose MADNFT for Your Smart Contracts?

Welcome back to MADNFT Academy! Today, we’re diving into the incredible world of smart contracts and how they revolutionize the way creators earn and engage with their audiences.


What Are Smart Contracts?

Smart contracts are self-executing agreements written directly into the blockchain. They operate automatically when predefined conditions are met, removing the need for intermediaries. For NFT creators, this is a game-changer.


Royalties: A Second Wave of Income

Smart contracts allow creators to encode royalties directly into their NFTs, ensuring they earn a percentage from every resale. For example:

  • A 10% royalty on every transaction means creators can earn indefinitely as their work is traded among collectors.

  • This creates a continuous revenue stream, building financial sustainability for creators.

Unlike traditional art sales, where creators often lose income after the first sale, smart contracts ensure ongoing earnings, bringing equity back to the creative economy.


Customization for Infinite Possibilities

Smart contracts are highly versatile and customizable, empowering creators to:

  1. Distribute Royalties: Allocate earnings to themselves, their fanbase, or even their collaborators.

  2. Support Causes: Direct a portion of sales to charities or community projects they care about.

  3. Engage Fans: Reward loyal supporters by sharing a percentage of future sales.

Whether it’s a one-time royalty or a continuous income stream, smart contracts put the control back in creators’ hands, allowing them to decide how their earnings are shared.


Empowering Artists with New Tools

This revolutionary tool provides creators with:

  • Control: You decide how royalties are structured, ensuring fairness and transparency.

  • Flexibility: Tailor your contracts to fit your unique goals and vision.

  • Sustainability: Build a lasting financial ecosystem for your art.

Smart contracts are more than just technology—they’re a pathway to independence and innovation for artists. Understanding and utilizing this tool can transform your career and create deeper connections with your community.


Why Choose MADNFT for Your Smart Contracts?

At MADNFT, we prioritize creator empowerment. Our platform makes it simple for artists to integrate custom smart contracts into their NFTs, ensuring they retain control and maximize their earnings. Whether it’s:

  • Encoding royalties

  • Supporting charities

  • Engaging your fanbase

MADNFT equips you with the tools to succeed in this new era of digital ownership.


Join us at MADNFT Academy to learn more about leveraging smart contracts to enhance your creative journey. The future of art is here—let’s build it together! 🚀

PreviousWhat Are NFTs?NextSetting Up and Optimizing Your Creator Profile

Last updated 7 months ago