How to select your smart contract

To mint and trade NFTs, your store or platform must be governed by a Smart contract. If you don’t know what that is, don’t worry – we have one already created for you! You can also use your own smart contract if you wish. Here you will find instructions on how to select your smart […]
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September 4, 2022

To mint and trade NFTs, your store or platform must be governed by a Smart contract. If you don’t know what that is, don’t worry – we have one already created for you! You can also use your own smart contract if you wish.

Here you will find instructions on how to select your smart contract within the platform:

On your Dashboard, click on Get Started next to Select smart contract. You can also access this from the left side menu under NFTs and Collections → Collections → Create collection. The Niftify smart contract is the default choice and is shared across the entire platform. Select this to avoid any hassles and leave it to us. 

If you wish, you can also select Custom smart contract and set your own terms. With a store plan, you can only select one custom smart contract, and with that in place the Niftify smart contract will no longer be available to you. Indicate the type of contract you have (ERC721 or ERC1155), give it a name, and choose a 3-5 character symbol to identify it. Your custom smart contract can be deployed on either Polygon or Ethereum. Polygon is popular because it supports transactions in MATIC and has low transaction fees, while Ethereum is the most widely recognized. 

Done! Now that your smart contract is in place, you can create NFT collections and be ready to open your store for business!

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