The Sandbox Launches 'Revamped' Marketplace on Polygon for Reduced Gas Fees

The Sandbox Launches ‘Revamped’ Marketplace on Polygon for Reduced Gas Fees

| Updated
by Mercy Tukiya Mutanya · 3 min read
The Sandbox Launches ‘Revamped’ Marketplace on Polygon for Reduced Gas Fees
Photo: Depositphotos

The Sandbox is celebrating the launch of its marketplace on Polygon with a new NFT collection by 30 artists from its Creator Fund.

Virtual gaming world The Sandbox has announced that its NFT marketplace is now available on the Polygon blockchain. The Sandbox Marketplace on Polygon was created to ‘further empower’ creators and enable the community to monetize their ASSETs at reduced gas fees.

In a December 14 blog post, the platform commented on the reduced gas fees:

“As is the case for our other contracts on Polygon, gas fees are greatly reduced on our new Polygon marketplace. Also, note that The Sandbox covers a monthly total of [10] Polygon transaction fees for each user across our ecosystem.”

Another improvement is the user interface which has been outfitted with changes such as a new asset upload flow, revamped ASSET cards and new workspace ASSET status, among others.

According to The Sandbox, anyone can mint ASSETs on the new marketplace using CATALYSTs. CATALYTs are ERC-1155 tokens on Polygon Layer 2 that creators can use to mint published ASSETs, monetize collections, and sell creations. One CATALYST is needed to print a single copy of the ASSET. An unlimited number of ASSETs can be printed as long as the creator has enough CATALYSTs in their wallet.

The announcement further stated that the Sandbox plans to distribute CATALYSTs to ecosystem contributors, giving those who do not possess any CATALYSTs a chance to participate. This will be done in three ways. The first is a CATALYST airdrop on December 14 that follows a snapshot of all eligible LAND owners that took place on December 11, 2023, at 12 pm UTC.

Further, “LAND owners who complete the Winter Event requirements will receive some CATALYSTs in addition to their SAND rewards. You can also get more CATALYSTs on OpenSea.”

Celebrating The Sandbox Marketplace on Polygon With a Brand New Collection

The Sandbox is celebrating the launch of its marketplace on Polygon with a new NFT collection by 30 artists from its Creator Fund. The genre-spanning collection contains over 100 pieces from the following artists: Aikiman, Andreee3D, Beryllchen, Candyh, CarinaChen, Chimpabastian, DmArcher, Gamaccho, Gatostao, ThomasMGodric, Lindvere, LiuFogel, Loccle, LuckySheep, MetaGuma, MH8D, Momo, Sandboi, Orifather, PinkyI, Pratamacam, Reizalyn, ShibaInu, Tak Akkiy, Talequale, Tleyna, TomGlasses, Tomosan, Tutafeh, and Voxelbunny.

According to Sandbox, the collection’s pieces range “from fantasy warriors and cyberpunk gear to legendary creatures and icy accoutrements”. The collection is meant to simply showcase a portion of the art created by Creator Fund artists. Users can access hundreds of other assets created by these and more Creator Fund artists by checking for more assets from the artists in the collection or searching the marketplace using the Creator Fund tag.

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