A Limited Edition is a type of NFT drop where the number of editions available is capped, creating a sense of exclusivity and scarcity. Limited Editions have a set supply and a defined time limit. This structure is ideal for creators who want to offer their work in a more controlled, exclusive manner, ensuring that only a limited number of collectors can own the piece.
Key Features of a Limited Edition:
Fixed Supply Cap: The number of editions is predetermined, and once they’re all minted, no more can be created.
Time Limit: Limited Editions are also time-bound, meaning collectors have a specific window to mint the artwork. After this period, no further editions can be minted, adding urgency to the drop.
Here's the How-To Guide:
Before deploying your contract make sure to bridge some ETH to Shape.
Use an official Shape bridge.
Connect your wallet and ensure you're on the Ethereum network.
Specify the amount of ETH you want to bridge.
Confirm the transaction and wait for it to be processed.
Deploy Your 1155 Contract
You can start by deploying an ERC-1155 contract on Shape. This contract will serve as the foundation for your edition.
Mint Your Token
Mint the token for the pieces you want to create an open edition of. If no editions are reserved, mint a token quantity of 0. If you want to reserve a specific number of editions for yourself, you can do so by specifying the quantity and minting to your wallet address.
Create Your Stack
Go to the contract dashboard and select "Create Stack" to set up your mint page.
Choose the 1155 token that you want to use for your open edition. Currently, you can only create one artwork edition per mint page.
Name Your Stack and Set URL
Name your Stack and customize the URL slug if needed. This is the web address where collectors can find your mint page.
Add Your Payout Address
Enter the wallet address where you’d like the primary sales revenue to be sent. This ensures you receive payment directly from the mint.
Set Your Mint Start Date and Time
Choose the date and time when your mint will go live. If you’re planning a pre-sale, this will be the start time for the pre-sale mint.
Select "Limited Supply" for the mint mechanic.
Limited Supply: Set a supply cap and even add an allowlist phase if you'd like.
Finalize Your Supply, Price, Pre-Sale Allowlist & Configure your Stacks Mint Page
Launch Your Limited Supply Edition