Collection

What is a Collection?

A collection (often called an NFT Collection) is a group of related digital assets issued by a single smart contract. Most collections share a common artistic theme, utility, or set of traits that define the project's brand.

How does a Collection work?

1. A creator deploys a smart contract (usually ERC-721 or ERC-1155) to the blockchain.
2. The contract defines the total supply (e.g., 10,000 items) and the "metadata" for each item.
3. Users "mint" individual NFTs from the collection, often for a set price.
4. Each NFT is assigned a unique token ID and a specific set of "traits" (e.g., hat, eyes, background).
5. Marketplaces like OpenSea group these items together based on their shared contract address.

Why does a Collection matter?

Collections create a sense of identity and community in the NFT space. They allow creators to build ecosystems where holders gain special access or benefits, and they provide a standardized way for collectors to trade and value assets.

Key features of a Collection

• Shared smart contract address
• Unique token IDs for every item
• Defined total supply (often capped)
• Common metadata structure and traits
• Creator royalties on secondary sales

Examples of a Collection

• Bored Ape Yacht Club (BAYC), a collection of 10,000 unique ape avatars.
• Art Blocks, a platform for generative art collections.
• Gods Unchained cards, where an entire set of game cards forms a collection.