Solana Metaplex Maker Dispute Resolved

Currently experimenting with the Metaplex Storefront, I have incorporated 2 whitelisted wallets for my auction page through the admin section (one of which was used to initialize the page). I conducted a test auction with this particular NFT () that has 2 creators who agreed on a 50-50 split, and the NFT is verified. Surprisingly, at the conclusion of the auction, only the wallet of the auction starter received the full amount of money. Here is the transaction:

View the auction here:

Answer №1

Creators array allows for the distribution of royalties in secondary sales, such as in online marketplaces, by dividing the percentage of royalties earned on secondary sales among the addresses in the creator array.

For instance, if your NFT has a 4% seller fee, and the creator array is set to split the share 50-50, then each creator will receive 2% of the proceeds from any secondary sale of that NFT.

The Metadata Account contains valuable information that can be utilized within the ecosystem. It stores a list of creators for the token, each with a Verified attribute that confirms the creator's signature on the token. The Share attribute for each creator can be leveraged by marketplaces to allocate royalties.
(excerpt from the official metaplex documentation)

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