Payments & Payout

Configure your settlement method within the Developer Console

Tweed offers the most flexible system for you to get paid for your NFTs or In-Platform Tokens.

You can choose if you want to be paid with:

  • Fiat - Wire / Bank Transfer

  • Crypto

    • Native chain currency (Ether, Matic, Tez, Sol etc.)

    • ERC-20 Tokens (DAI, USDC, USDT etc.)

The platform can programmatically choose how they would like to be paid per collection or even per token; i.e., the platform can receive in crypto for some NFTs or In-Platform tokens and fiat for others.

Choosing Settlement Method:

Fiat Settlement

Platforms / Sellers can be paid with fiat for a particular collection or token by setting the priceInCents in the callback function that sells the token (Fungible or Non-fungible). They will be paid daily or weekly depending on the geography (See: Fiat Settlement Geographies).

Native Crypto Settlement

By setting the priceInCryptofor a particular collection or token, platforms / sellers will be paid in the native cryptocurrency through the platform's smart contract (usually through the mint() function). Note that to use this method, the mint() function needs to be payable.

Token Crypto Settlement

By setting the priceInCrypto and the tokenContractAddress with the address of the token the platform wishes to be paid with, (for ex., 0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 for USDC on Ethereum) platforms / sellers will be paid in the designated ERC-20 token through the platform's smart contract.

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