Intro to Software License NFTs
Valist helps developers monetize their projects, essentially making them products. The Valist SDK helps facilitate the price, royalties, supply, limit and NFT for products.
A project on Valist can be wrapped into an NFT and monetized. Owning a product's NFT means owning the product's license. At the moment, a project can support a single product. To release different editions, you will need to create different projects and configure their prices separately. This is beneficial to separate the token-gated content and payment configurations between the products.
Products support the following configurations:
- Payment in MATIC and any ERC-20 token on the Polygon network
- Setting supply limits for the product. This is great for special editions/releases.
- Built-in Royalties to monetize secondary item sales.
You can use Valist to create a Software License NFT that enables you to directly monetize your game or software fairly.
The Software License NFT is an ERC1155 token that you can use as a token-gate, or in-app/game purchase.
Valist will facilitate creating the NFT contract, including setting a price, metadata, etc.
You can then embed a license check into your app/game by using the Valist SDK, or any other ERC1155-compatible token SDK or API. You can also directly call the contract yourself!
The Valist SDK also makes it easy to query balances, purchasing/minting Licenses, and fetching License metadata.
There is a 2.5% protocol fee to support the Valist project. There will be a 2.5% community contribution fee introduced to support public goods funding, as well as community funding for projects published on Valist. This will be controlled by the Valist community members with sufficient on-chain reputation (i.e., use of the protocol, past public goods funding history, etc).
After creating a License, you can gate your software with it! Click next to learn how to create and configure a Software License NFT in your project 🚀