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In this video, you’ll learn about the new NFT standard designed to enforce fair royalties for collection creators, and how you can easily deploy your own using our newly released feature: Modular Contracts.

ERC721-C: https://medium.com/limit-break/introducing-erc721-c-a-new-standard-for-enforceable-on-chain-programmable-royalties-defaa127410

Deploy your own Modular NFT drop with Thirdweb:
https://thirdweb.com/thirdweb.eth/ERC721CoreInitializable?module=eyJwdWJsaXNoZXIiOiJkZXBsb3llci50aGlyZHdlYi5ldGgiLCJtb2R1bGVJZCI6IkNsYWltYWJsZUVSQzcyMSJ9&module=eyJwdWJsaXNoZXIiOiJkZXBsb3llci50aGlyZHdlYi5ldGgiLCJtb2R1bGVJZCI6IkJhdGNoTWV0YWRhdGFFUkM3MjEifQ%3D%3D&module=eyJwdWJsaXNoZXIiOiJkZXBsb3llci50aGlyZHdlYi5ldGgiLCJtb2R1bGVJZCI6IlJveWFsdHlFUkM3MjEifQ%3D%3D&displayName=Modular+NFT+Drop

thirdweb API Key: https://blog.thirdweb.com/guides/create-a-thirdweb-account/
thirdweb Support: https://thirdweb.com/support

Join our Community of over 30,000 Web3 builders: https://discord.gg/thirdweb
thirdweb Official Site: https://thirdweb.com/dashboard
thirdweb Twitter: https://twitter.com/thirdweb

Timestamps:
00:00 Introduction
00:38 What is a ERC721-C
02:32 Modular Contracts
04:17 Deploying the ERC721-C using Thirdweb Dashboard
09:56 Conclusion

date : 2024-10-04 19:00:12

views : 526

likes : 32

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Here is a summary of the transcript in 300 words:

The video explains the importance of enforcing NFT royalties, which allows creators to receive a portion of the sale price whenever their digital assets are resold. The current standard, ERC721, does not enforce royalties, allowing marketplaces to bypass the system and deprive creators of their rightful earnings. To address this issue, Limit Break introduced the ERC721C standard, which enforces royalties directly on-chain and prevents market manipulation.

The video also introduces modular contracts, which are like Lego blocks that can be easily added or removed from a smart contract as needed. This allows creators to evolve their projects while maintaining control over their digital assets. The video provides a step-by-step guide on how to deploy ERC721C contracts using the Deer Web dashboard, which is a user-friendly platform for creating and managing blockchain-based projects.

The deployment process involves selecting a modular contract template, adding the necessary modules (such as royalties), and configuring the contract’s settings. The video walks the viewer through each step, from setting up the contract’s details to deploying it on the blockchain. The video also touches on the importance of validators and how they can be used to limit the number of trades made with a collection.

Overall, the video provides a comprehensive introduction to the ERC721C standard and modular contracts, and shows how these technologies can be used to create decentralized, royalty-enforcing NFT marketplaces.

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