Updated Ethereum Deployment Funding

We're updating how Ethereum contract operations are funded in the NFT-API v3 and the Token-API.
From now on, contract deployments on Ethereum requires a funded company wallet for both NFT contracts and Token contracts.
Previously, Venly sponsored contract deployment costs automatically. Going forward, you will need to fund your Ethereum company wallet with at least 0.02 ETH before deploying a contract. This ensures you have enough funds not only for the contract deployment but also to cover minting operations right after. Learn more below.

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What's New

• On Ethereum, NFT and Token contract deployments now requires funding from your Ethereum company wallet.
• Venly will no longer sponsor contract deployment costs for Ethereum.
• Venly provides a Create Company Wallet endpoint so you can create and fund your Ethereum company wallet before attempting a deployment.
• We recommend funding your Ethereum company wallet with at least 0.02 ETH to cover contract deployment and subsequent minting operations.
• Learn how toretrieve your company wallet details if you already have one.

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Recommended Workflow

1. Create Ethereum company wallet → Use the Create Company Wallet endpoint
2. Fund wallet → Add at least 0.02 ETH to cover contract deployment and minting costs
3. Deploy contract → NFT and Token contract deployments succeed

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Scenarios

• No Ethereum company wallet yet → Create one first using the Create Company Wallet endpoint, then fund it before deploying an NFT or Token contract.
• Ethereum company wallet exists but is unfunded → Contract deployment will fail until you fund and retry.
• Ethereum company wallet is funded with at least 0.02 ETH → Operations succeed as expected.

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For other chains

• Venly still automatically creates and funds the company wallets.
• Deployments work without requiring manual funding.

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Before vs After