🖖🏽 Splitting Artwork Revenue

Uncut's split system is designed to make it easy for you to distribute the revenue from your art sales among multiple wallets. This feature can be incredibly useful for various purposes, such as compensating external collaborators or supporting charitable causes.

Setting up a split is simple. When you mint your Collectible, use the Split System. You have the option to "Create a New Split" or "Use an Existing Split" that you've created before. If you choose to create a new split, you'll need to provide the wallet address you want to split the revenue with in the "Split Address" field. Additionally, specify the percentage of revenue you'd like to split in the "Split Percentage" field.

It's worth noting that once you've established a split, it becomes minted in a smart contract and cannot be altered. Therefore, it's crucial to double-check your split percentages and addresses before minting your art to ensure accuracy.

Each time you sell an Collectible on Uncut, the specified percentage of the revenue will automatically transfer to the designated wallet. If desired, you can set up multiple splits to distribute the revenue among multiple wallets.

Keep in mind that you can only set up splits for Collectibles that you've minted on Uncut. If you wish to split the revenue from an artwork that wasn't minted on Uncut, you'll need to mint it on Uncut first and then establish the split.

We hope this information helps you understand how to use Uncut's split system effectively. Happy creating!

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