> For the complete documentation index, see [llms.txt](https://docs.launchifi.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.launchifi.xyz/contract-types/free-mint-nft-collection.md).

# Free Mint NFT Collection

NFT Collection featuring free NFTs (ERC-721A)

<figure><img src="/files/dZLCRB4NMztrf2qb10SY" alt=""><figcaption></figcaption></figure>

While many NFT projects require us to pay an upfront fee to mint, there are some which provide a free mint. Here, we look at how we can profit from free mint and degen plays that have become the roaring theme in this bear market. One famous collection: goblin town NFT launched during a bear market has taken the internet by storm. Currently, it sits at a floor price of 3.37ETH at the time of writing.

**To create your Degen collection**

*You will have to insert a few parameters:*

## Contract Details

* **Contract Name** - The name of your contract on the network. (No Spaces or Cannot Start with Numbers, i.e. BoredApeYachtClub)
* **Collection Symbol** - The symbol of your Collection. (i.e BAYC)
* **Collection Name** - The full name of your NFT Collection. (i.e Bored Ape Yacht Club)
* **Collection IPFS** - Location of the metadata stored. (can be on your server or IPFS,PINATA)

## Supply Details

* **Price** - How much will each NFT be worth.
* **Total Supply** - How many total NFTs your collection will contain.
* **Max Free NFTs Per Wallet** - Anti-Whales - Limit the free minting(creation of NFT) per transaction for each user other will be payed.
* **Total Free NFTs** - Anti-Whales - Limit the free minting (creation of NFT) per wallet for each user other will be payed.

## Advanced Setup

* **Hidden/Reveal Functionality** - Allows you to reveal your real collection at a certain time. You will be required to enter a hidden ipfs to display the image that will show until your collection is revealed.
* **Free Supply Limit** - Set the max amount of NFTs to be free, other than that the remaining NFTs will cost something.
* **Split Payment** - Allows you to split the payout between multiple wallets. This is good to use if you have multiple team members that need to receive a percentage of the payout.