How do royalties work?

One of the most exciting features of our digital certificates of authenticity is their ability to earn ongoing royalties for the artist. So how does it work?

When you create a certificate of authenticity with CertSeal you are the owner of the certificate. To change ownership you have two options.

Transfer

If the sale of the artwork happened externally such as through a gallery, personal sale or perhaps the art piece was donated, royalties will not work. In this scenario royalty payments do not happen as the sale/transaction is completed outside of CertSeal ecosystem.

Sale

Certificates created with CertSeal allow the owner of the certificate to list, sell and receive offers through CertSeal. When you list a certificate for sale, you are listing it on the Blockchain network meaning dozens if not hundreds of marketplaces will see your certificate/artwork for sale. If your artwork sells through any one of our partner marketplaces or within CertSeal, you will earn royalties.

When your certificate sells, royalties are paid out immediately thanks to Blockchain. Check your wallet to see your available balance.

Currently, we only support Ethereum, however, we are working with providers to enable more options for our users. We are working hard to implement credit card payments for sales.

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