Reveel’s Revenue Path allow for funds to be collected and distributed among collaborators. You can use Revenue Path on your favorite marketplaces(OpenSea, Foundation, etc.) and smart contracts (Manifold, ZORA, etc). Here is more information of how to set a Path as the receiving Address for your NFT projects.
Note: Revenue Path currently receive ETH. Do NOT sent NFTs to a Revenue Path.
When releasing NFTs with Manifold, you can set a royalty rate and a specific address to receive those royalties. You can decide to do that at a Collection level or at a Token (NFT) level, so that if you have different collaborators for different Tokens, you can have different Revenue Paths for each of them.
For Collections: Go to the “Settings” tab, then enter the Path Address & royalty rate under “Default Royalties”
For Tokens: Click on the “Token” Tab, then on the Three Dots (menu) on the Token. You can then select “Set Token Royalties” and enter the Path Address & royalty rate for that specific Token.
Learn more in the Manifold documentation
When releasing NFTs through OpenSea, you are able to edit where earnings of a collection are sent out, by going to the Collection setting, under Creator earnings. You can set the royalty fee for your secondaries for the collection (up to 10%). After delegating the fee, you can paste your Reveel Revenue Path address into the “payout address” field.
After doing so, both primary & secondary transactions will be sent to the Reveel Path & distributed across all collaborators.
OpenSea provides instructions here.
As of right now, OpenSea lacks the ability to do this for individual NFTs.
Foundation offers creators the ability to split (up to 3 addresses) within their smart contract. However, Reveel’s Revenue Paths has several advantages (see below).
You can still use Reveel on Foundation. Just go ahead and copy/paste your Revenue Path address into the required field when setting up a Foundation split. This will allow for you to get all benefits that come with the Revenue Path.