Collabs
Requests
As mentioned previously Artists and Brands can submit collaboration requests to NFT teams with stores on Traitify. They submit the new trait artwork along with other TNFT details for the team to review.
Reviews
Teams receive notifications that they have new collab requests to review. This is where they can finalize drop details such as supply, price, and dates. They can either approve or deny requests, all collaboration requests do have a default expiration time of 30 days.
Approvals
Teams can choose to approve collaboration requests, at which point the new trait moves into the store's inventory and can be scheduled for a drop. The payment details are locked in for the drop.
Teams can choose to reject collaboration requests on their own discretion. Notifications are sent out to the affected parties to inform them of the collab denial.
Payments
Payments are automatically distributed by Traitify to the collaborating parties based on the agreed upon details in the collab request phase. Payments are sent as soon as the drop occurs and with each sale.
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