Buying and Selling on The Sandbox Marketplace (FAQ)

Learn more about buying and selling on The Sandbox's marketplace.

Buying

What can you buy on The Sandbox Marketplace?

The marketplace will allow you to purchase voxel ASSETs (such as buildings, decorations, NPCs, hostile enemies, etc) which can be placed on LANDs and/or collected.

You will also be able to purchase LANDs and GEMs.

Can I rent LAND from the Marketplace?

This is an upcoming feature. But yes, you will be able to rent LANDs from The Sandbox Marketplace.

How much will NFTs on the Marketplace be?

The price of an NFT sold on The Sandbox Marketplace is entirely up to the artists or seller of that NFT. The seller would need to ensure the price is fair and competitive based on scarcity, uniqueness and so on.

Do I need $SAND to purchase from The Sandbox Marketplace?

Yes, transactions performed on The Sandbox Marketplace will require $SAND, which is the currency of the platform. You will also need ETH for the gas fees.

Are there any buying fees?

There is a 5% processing fee on all $SAND transactions. This fee is automatically added to the $SAND amount that the seller charges. For example, if an artist charges 500 $SAND for an ASSET, the ASSET will be listed at 525 $SAND on the marketplace. This fee goes back into the Foundation, which is used to fund artists, creators and their fantastic projects. Meta transactions within the marketplace will eliminate gas fees.

Selling

What can you sell on The Sandbox's marketplace?

You can sell ASSETs, LAND, GEMs and you will also be able to rent out LAND too.

How much are ASSETs or LANDs sold for on the marketplace?

This is up to the seller. However, they will need to be fair and competitive in order to attract a buyer. Factors such as quality of ASSETs, uniqueness of ASSETs, size of LAND, location of LAND and so on need to be taken into account in your pricing in order to attract the right buyer.

What currency can I sell things for on the marketplace?

$SAND is the currency of The Sandbox, so all sales within the marketplace will be in $SAND.

Are there any selling fees?

There is a 5% processing fee on all $SAND transactions. This fee is automatically added to the $SAND amount that the seller charges. For example, if an artist charges 500 $SAND for an ASSET, the ASSET will be listed at 525 $SAND on the marketplace.

The fees go back into the Foundation, which is used to fund artists, game designers and their great projects.