OpenSea is a marketplace that aggregate all NFTs created on the Ethereum blockchain.
When you mint an NFT on Foundation, it is automatically displayed on OpenSea
On OpenSea collectors can make open offers on only your minted NFTs.
You can choose to accept an offer on OpenSea but note that you should only accept an OpenSea offer if you no longer want the NFT to display on Foundation
NFTs minted on Foundation receive a 10% royalty in perpetuity, anytime a piece is resold. The royalty will be sent directly to the wallet that minted the NFT.
Foundation has an agreement with OpenSea that all secondary market sales will receive the 10% royalty if the work is resold on OpenSea
OpenSea royalties are paid out from Foundation on the 1st and 15th of the month
You will receive an email once your royalties have been distributed