Update Metadata of Solana NFT Collection

Question

So, I had launched a NFT Collection on the Solana Blockchain recently, and it got fully sold out.

But I just realised that the royalties ie the seller_fee_basis_points are not according to my requirement.

So I wanted to know how could I update the metadata so that I can change the amount of royalties a creator gets for all the NFTs in the minted collection:)

Answer 1

The Token Metadata program supports metadata update, see code here , however, it requires:

• The metadata to be mutable
• The update authority to sign