🌟Mint & List Assets to Sell

THE SANDBOX HAS LAUNCHED THE MARKETPLACE ON LAYER 2

  • Mint and Sell an asset on Layer 2 with a new ERC-1155 Catalyst token, no Gems needed

  • Spend less on gas fees for Layer 2 purchases

  • New backwards compatible Rarity and Attributes system

  • AI-powered asset data moderation

To mint and list an asset to sell on the Marketplace, you must first upload it to Workspaces.

Contents

New Catalyst & Attributes system - No Gems needed!

How were Gems converted? Can I change asset data?

New information about royalties for asset creators

Step-by-step instructions

Step-by-step instructions

Step-by-step instructions


Catalysts

A Catalyst is a special NFT burned when you mint an asset as an NFT. It defines the asset's rarity. Select a Catalyst when you Upload Assets to Workspaces. Edit anytime before minting.

1 Catalyst = 1 NFT

One Catalyst is burned for each copy of an asset that is minted.

Rarity & Attributes

A Catalyst with greater rarity has more Attribute Points to apply to an equipment asset for Power, Defense, or Speed. These Attributes make gameplay more exciting for players.

The team is working on a system in which Catalysts can add value to non-equipment assets, which still require a Catalyst to mint, but do not have Attribute Points.

Purchasing Catalysts

Catalysts are newly released and in limited supply, which will gradually increase. They can currently be purchased at OpenSea. Visit the official link for The Sandbox's CATALYSTS collection here: https://opensea.io/collection/the-sandbox-s-catalysts

Marketing & Selling Your Own NFTs

NFT Drops

An NFT drop is group of NFTs to be listed on the Marketplace at the same time and in a specific ratio depending on your strategy. This could be aligned with the launch of an Experience or assets sold independently by an artist.

Passes are a different class of NFT that can be required for players to access an Experience (see Access Restrictions). Generally, equipment is best if you plan to use valuable CATALYST NFTs to mint these, but most can be common so you can mint more copies at a lower cost. You can also limit access to certain gameplay in an Experience using the NFT Sensor. One or more assets from your NFT Drop could be required to access exclusive areas, unlock special player perks, etc.

See Monetisation for more details.

The following tabs share some recommended NFT Drop ratios that may work for you and suggestions to create your marketing materials.

Larger NFT drops are not recommended to ensure they are more likely to sell out.


Non-Minted Assets

Uploaded assets have migrated to new equivalent Catalysts. You can edit them before minting.

Equipment

Only equipment assets will have their Gems converted to Attribute Points:

Non-Equipment

The team is working on a system in which Catalysts can add value to non-equipment assets, which still require a Catalyst to mint, but do not have Attribute Points.


Royalties

NEW ROYALTIES SYSTEM

The price of an NFT is set by the seller.

If the seller minted (created) the NFT, they receive the full sale price.

If the seller did not mint the asset (reselling):

  • The seller receives 95% of the sale price

  • The minter (creator) receives 2.5% of the sale price

  • The Sandbox receives 2.5% of the sale price. This supplies The Sandbox Foundation with SAND to distribute among the Game Maker Fund, staking, and rewards.

The Sandbox Marketplace will ensure fair secondary market royalty rewards for all creators building in The Sandbox.

This in house mechanism will be compatible with marketplaces that implement the ERC-2981 standard. Royalties distributed by external marketplaces will be accessible later in 2024.


Minting Process

Get Assets Ready

On this step, you will convert your previously uploaded asset into a brand new NFT. Ensure your wallet has one Catalyst for each number of NFTs you wish to mint.

Assets now mint on the Polygon network (L2). The new ERC-1155 Catalysts are required.

1. Log In and Open Workspaces

Log in to your account at The Sandbox website and open Workspaces to browse your uploaded assets. If the asset you're looking for isn't there, upload it from VoxEdit.

Mint One Asset or Bulk Mint

You can mint copies of one asset or mint copies of multiple assets in one transaction.

After an asset is minted, you won’t be able to change any of its information.

You will need one Catalyst per NFT you wish to mint to set the rarity. Gems are not needed.

Minting Assets

Shown below is an example of minting one asset, but you can also bulk mint multiple assets using the instructions in this section.


List a Minted Asset (NFT)

Once you own a minted ASSET, you can proceed to list it in the Marketplace.

Listing NFTs for Sale


Cancel a Listed NFT

1. Open the Asset Page

Go to the asset page from your Inventory to open the page for the asset you would like the cancel the listing for.

Click the red Cancel Listing button under the NFT's image to open the cancel listing panel.

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