What is Editions?
Editions on Foundation are smart contracts designed to mint a specific NFT as many times as possible, for a limited time of 24 hours. After 24 hours, minting is closed on that edition contract forever.
What’s the difference between an edition and a collection?
Some key differences include:
NFT assets
Standard collections contain NFTs with many unique asset files, while an edition holds only one NFT asset file to be minted multiple times.
Gas fees
With collections, creators mint each individual NFT and therefore pay the associated gas fees. With editions, creators simply pay the gas fees to deploy a contract, and collectors pay the gas fees to mint each individual NFT.
Limited time to mint from the collection
With Collections, creators can keep adding to the collection over time, which is great for on-going projects. With editions, the collection is open for minting for only 24 hours, after which time, minting is closed forever, and the collection remains at that token count on-chain. For collectors, minting an NFT from an edition collection can be a selling point, because the limited time window on minting creates exclusivity and rarity for the tokens once minting is closed.
Static pricing
With Collections, creators can price each NFT within the collection uniquely, as well as sell them on our marketplace via Reserve Auctions, Buy Now, or Offers. With editions, creators set a fixed price to mint each token, and collectors pay that fixed price to mint from the edition for a limited time.
Contracts
Editions collections are ERC-721 contracts. Both Collections and Editions are creator-owned ERC-721 contracts.
What happens if no one mints my edition within 24 hours?
If no one mints from your edition in the 24 hour window, your collection will end as a collection of zero NFTs. You can self-destruct the contract if you’d like.
Does Foundation offer the ability to create Limited Editions?
Foundation does not offer Limited Editions with the ability to set the max number of tokens in your Editions collection. Our timed Editions collection allows as many mints as possible within 24 hours.
What file types are supported for Editions?
We currently support JPG, PNG, or GIF files for edition collections, with a maximum file size of 50MB.
Can I add custom metadata/attributes to my edition NFTs?
Editions on Foundation don’t currently support custom metadata and attributes.
How many NFTs can I collect from Editions?
Each collector can mint up to 10 NFTs per edition.
How are Editions priced?
Creators of the edition decide on a fixed price for each NFT that will be minted.
Who pays the gas to mint from an edition?
The collector pays for gas when minting.
When can I mint from an edition?
The minting window on an edition is 24 hours from the time minting begins.
Do I need to request access to create an edition?
Editions are open access - anyone on Foundation can create an edition collection, just connect your wallet to get started.
Can I add my edition to a world?
Editions collections can be added to Worlds by launching the edition contract in the world when deploying your edition collection on-chain.
Can I remove my edition from a world?
Once an edition is launched in a world, it cannot be removed. You’ll need to self-destruct your edition and deploy a new edition contract outside the world.
Can I add my edition to a Worlds Home Tab?
For now, Worlds Home Tabs can only feature 1/1 NFTs. If a world only has Editions and no Home Tab is set up, the world page will default to the Editions tab, and it will show all of the Editions.