Collections play a vital role in Web3 ecosystems by organizing digital assets from one or multiple contract addresses. They enable users to group items from the same creator while maintaining essential metadata like creator royalties and descriptions.
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Understanding Collection Models
What are Collection Models?
Collection models structure all related information about digital asset groupings in Web3 environments. The OKX Football Cup serves as an excellent example of how collections appear to users on major platforms.
Core Parameters
Here's a breakdown of the key components in collection models:
| Parameter | Type | Description |
|---|---|---|
| name | String | Collection's display name |
| description | String | Detailed explanation of the collection |
| image | String | URL of the collection's logo |
| backgroundImage | String | URL of the background image |
| slug | String | Unique collection identifier |
| certificateFlag | Boolean | Indicates verified status |
| officialWebsite | String | Primary web presence |
| socialUrls | Object | Links to Instagram, Discord, Medium, Twitter |
| categoryList | Array | Classification tags |
| assetContracts | Array | Associated smart contract details |
| stats | Object | Trading metrics and analytics |
Asset Contract Specifications
Contract Essentials
Smart contracts form the foundation of Web3 collections:
| Parameter | Type | Description |
|---|---|---|
| chain | String | Blockchain network |
| contractAddress | String | Deployment address |
| tokenStandard | String | Protocol type (ERC-721/1155) |
| ownerAddress | String | Contract administrator |
| erc2981 | Boolean | Royalty standard support |
Collection Performance Metrics
Key Statistics
Track collection health and market activity through:
| Metric | Type | Description |
|---|---|---|
| latestPrice | String | Most recent sale value |
| totalVolume | String | Lifetime trading volume |
| totalCount | String | NFT quantity |
| ownerCount | String | Unique holders |
| floorPrice | String | Minimum list price |
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Frequently Asked Questions
Q: What's the difference between ERC-721 and ERC-1155 collections?
A: ERC-721 represents unique NFTs, while ERC-1155 supports semi-fungible tokens allowing multiple copies of identical items.
Q: How are collection royalties enforced?
A: Through smart contract standards like ERC-2981 that automatically distribute percentage-based payments to creators.
Q: What makes a collection valuable?
A: Factors include creator reputation, community strength, utility, rarity, and trading volume/stats.
Q: Can one collection span multiple blockchains?
A: Yes, through bridges or multi-chain deployments of contract addresses.
Q: How often do collection stats update?
A: Typically in real-time as blockchain transactions occur.
Q: What's the purpose of collection slugs?
A: They provide permanent, human-readable identifiers for API calls and frontend displays.