Sandbox
Sandbox marketplace resale fees reduce the proceeds from asset sales
Sandbox resale fees reduce what an asset seller receives from a completed NFT sale. Its marketplace trades voxel assets, including equipment and characters, with different payment treatment for creators and resellers. A resale can distribute the buyer’s payment among the seller, the marketplace fee recipient, and the asset’s royalty beneficiaries. The amount left for the seller differs from the advertised sale price. It also differs from profit, which accounts for the original purchase and other relevant costs. The applicable marketplace settings and royalty information determine the deductions. Listing an asset only offers it for purchase; proceeds arise when a buyer completes the sale.
The sale price splits between different recipients
The buyer’s NFT payment supplies the gross sale amount, while the seller receives the remainder after the exchange applies the relevant deductions. The exchange deducts applicable resale fees from the buyer’s payment before forwarding the remainder to the seller’s payout recipient. Marketplace fees pay the designated platform beneficiary. The asset’s royalty beneficiaries can include both the original creator and The Sandbox. Protocol fees and royalties use separate settings, even if a recipient receives both. The original purchase cost does not reduce the sale amount used to calculate percentage deductions.
A royalty calculated on the resale price can therefore apply even when the seller loses money. The creator’s payment does not depend on the reseller recovering the purchase cost.
Can selling above the purchase price still produce a loss?
Selling above the purchase price can still produce a loss when resale deductions and seller-paid costs exceed the increase in the asset’s price. The relevant comparison starts with the seller’s net receipt. Subtract the original acquisition cost and any additional costs the seller actually incurred. A positive difference between the asking price and the purchase price leaves those deductions unaccounted for. An unfilled listing supplies no realized sale income, regardless of its advertised price.
Costs belong to the party who pays them. A buyer’s separate gas charge does not automatically become a seller expense. A seller-paid approval or cancellation transaction can affect the seller’s overall outcome.
For a purchase and resale denominated in the same token, token units provide a consistent starting comparison. Charges paid in another currency require a separate conversion before they can enter that calculation. Counting a deduction again after using an already reduced payout understates the proceeds. Net receipt and profit should remain separate figures.
Creator sales follow a different fee treatment
The exchange distinguishes recognized creator sales from secondary sales using the supported collection’s creator information. When the seller matches the recorded creator, the ordinary creator-sale path skips the secondary royalty distribution. A separate primary-sale fee setting still governs the protocol charge. Buying the NFT transfers the asset; it does not make the buyer its recorded creator. The executing exchange exposes separate primary and secondary fee settings. Authorized administrators can change them, so neither percentage should be treated as permanent.
Keeping an asset or authorizing its resale
In a hypothetical resale decision, an asset owner requires a minimum net receipt before a chosen deadline. The asset is a purchased voxel NFT. Keeping it unlisted preserves ownership without producing sale proceeds. Authorizing its resale makes it available to buyers under the listing terms. A price satisfying the desired amount after deductions still leaves the deadline dependent on a completed purchase.
- Keep the asset unlisted if the displayed net payout falls below the required amount.
- Include transaction charges the seller would pay separately from the resale deductions.
- Compare the listing’s active period with the deadline; an available listing does not establish when a buyer will purchase.
- If the listing must be withdrawn, require a successful cancellation before treating its remaining quantity as unavailable.
- After a completed sale, match the delivered copies and actual token receipt against the sale’s fee and royalty transfers.
Before authorizing an order, the owner can reconsider the proposed terms without creating that order. To stop further sales once the order becomes live, cancellation must take effect before a buyer purchases any more copies. Cancellation cannot undo copies already sold.
After settlement, the received amount replaces the preview as the basis for the comparison. Receiving less than the required amount or receiving payment after the deadline fails the owner’s condition even if the gross price appeared sufficient. Keeping the asset would have preserved the NFT, while the completed resale supplies the actual payment.
Gas charges cover execution, not creator compensation
Gas pays for blockchain execution, separately from the NFT payment distributed through marketplace fees and royalties. The Polygon marketplace prices assets in SAND; ordinary network fees use POL. Gasless transactions can cover eligible activity within the available account allowance. Sponsoring that execution cost does not remove a resale royalty or platform deduction. The transaction sender, or a sponsoring service, bears the execution charge. A wallet’s maximum gas estimate can differ from the final charge, so the actual seller-paid expense belongs in the cost record. Gas costs can also change between preparing an order and executing a transaction.
Unsigned terms, active listings, and completed sales
A resale listing authorizes an exchange under stated terms; it does not establish a completed purchase or a token payment to the seller. The marketplace supports listing schedules, including a selected active period. An order outside its applicable time window cannot execute through the exchange’s time checks. During an active period, availability still differs from a buyer actually filling the order. Potential earnings describe what sales could produce, while settled transfers establish what has arrived.
Cancellation invalidates the order’s remaining availability. It leaves completed sales intact, including their transferred assets and distributed payments. A pending cancellation provides less certainty than a successful cancellation transaction.
Listing expiry also differs from reversing a sale. The selected end time limits future execution of that order; it does not refund a purchase completed earlier. Preparing a replacement listing must account for any copies already sold. Otherwise, the proposed quantity may exceed the remaining inventory.
External marketplaces apply their own sale terms
An external NFT marketplace executes sales under its own fee and royalty policies, even when it displays an asset also visible within the virtual world. The discovery location does not determine the execution terms. LAND and avatar listings can involve external resale venues, so an asset-marketplace payout rule should not automatically become a LAND resale rule. The meaningful comparison concerns the marketplace actually executing the sale, its payment currency, and its treatment of the collection’s royalties.
ERC-2981 reports a royalty recipient and amount for a given NFT sale price. This information standard does not itself force every marketplace or wallet transfer to pay royalties. An external venue’s implementation determines how it uses the information. Transferring an NFT between wallets also does not necessarily represent a sale. A resale-fee estimate therefore needs the applicable venue’s terms, rather than an assumed universal royalty deduction.
How much does a multi-copy listing actually earn?
A multi-copy listing earns proceeds only for copies buyers purchase, with applicable deductions calculated on the payment for those completed sales. ERC-1155 assets can represent multiple copies of the same asset type. The exchange supports partial fills, which allow a qualifying order to sell some of its offered quantity. Remaining copies may continue to be available under that order. The total potential payout for the listing therefore differs from the amount received after a partial sale.
Unsold copies remain assets, rather than received payment. Canceling the remaining order does not erase proceeds from completed fills. When several fills occur, the sum of their seller payouts gives the received total. Actual deductions may include small token-rounding effects, so multiplying a rounded interface preview by every listed copy may not reproduce the final transfers exactly.
Token receipts and cash value measure different outcomes
SAND-denominated proceeds record a quantity of tokens, while a cash valuation adds the token’s exchange value at a particular time. The same token quantity can have different cash values on the purchase date and sale date. A gain measured in SAND therefore does not necessarily establish a gain measured in cash. Both calculations need consistent units, and neither changes the number of tokens the NFT resale transferred.
Converting proceeds later adds another operation with its own execution price and possible charges. The NFT sale’s token receipt alone does not establish the cash ultimately received.
Keeping the sale distribution separate from later conversion avoids assigning an exchange charge to the NFT marketplace. It also preserves the difference between a completed token payment and an estimated cash equivalent. The relevant valuation time must accompany that equivalent.
Settlement records reveal where the payment went
A transaction identifier alone does not establish a successful resale. Successful execution and the corresponding asset and payment transfers establish the completed exchange. The order identifies the asset and agreed payment terms. Its fill information identifies how much traded. Fee transfers, royalty transfers, and the seller’s remainder explain the distribution of that payment. Each record has a different purpose, so an order signature should not be mistaken for received proceeds.
Account displays can lag transaction processing. A missing or stale inventory view does not by itself show an additional fee. The relevant blockchain’s records distinguish the token transfer from the website’s display state.
A wallet balance change can also include unrelated transfers. The sale’s own payment records provide a clearer comparison with its payout than the account’s total balance. For a multi-copy sale, the delivered quantity appears in the corresponding ERC-1155 transfer record.
Sandbox: common questions
Does canceling a resale listing refund earlier gas charges?
Canceling a listing does not refund gas already consumed by an earlier blockchain transaction. Cancellation changes the order’s future availability. If cancellation requires an on-chain transaction without sponsorship, that operation can incur another execution charge. A wallet’s maximum gas estimate is not automatically the amount the earlier transaction charged.
How can token rounding affect Sandbox resale proceeds?
Token rounding can create small differences between a displayed estimate and the actual resale transfers. The exchange calculates percentage payments using integer token amounts. Its arithmetic truncates amounts smaller than a token’s smallest transferable unit. Interface rounding can introduce another difference, so the relevant comparison uses actual transfer amounts and the token’s decimals.
Why would a failed Sandbox asset resale still cost gas?
A resale transaction can consume gas if blockchain execution begins and then fails. The reverted exchange does not complete its NFT and payment transfers, but the network can still charge for computation already performed. A rejected wallet signature or transaction rejected before blockchain execution is a different state. It does not itself establish a gas expense.
Do I need another Catalyst to resell an already minted Sandbox asset?
Reselling an existing minted asset does not require burning another Catalyst to create that same copy. Catalysts serve the minting process, which creates asset NFTs. A resale transfers copies already in existence. Minting additional copies is a separate operation with its own Catalyst requirements, even if those copies use the same underlying artwork.
Can a Sandbox asset sale pay out to a different wallet?
The exchange contract supports an explicit payout recipient in an order. Whether a particular marketplace interface exposes that option depends on its implementation. An account’s connected wallet does not override a recipient encoded in the executed order. The sale’s payment transfers identify the actual recipient of the seller’s remainder.
Is paying Polygon gas directly in SAND still available?
The Pay Gas Fees in SAND feature ended on January 23, 2025. Its removal did not end the separate Gasless Transactions feature. When an eligible transaction uses an available gasless allowance, the user avoids that execution charge. Ordinary Polygon gas uses POL when the user must pay it. Neither arrangement removes applicable resale deductions.
Will combining Sandbox asset sales into one transaction remove creator royalties?
Combining sales in a transaction does not itself waive creator royalties. The exchange supports matching multiple orders, while each sale still follows its applicable fee and royalty treatment. Execution batching and royalty calculation perform different functions. Any reduction in execution overhead should remain separate from the deductions applied to an individual asset’s sale payment.