paintswap
  • Introduction to Paintswap
  • Getting Started
    • Create a Wallet
    • Bridging Funds to Sonic
    • Paintswap
  • Paintswap dApp Suite
    • NFT Marketplace
    • NFT Launchpad
      • Launching your collection
    • Estfor Kingdom
    • Beardies
  • Click royale (coming soon)
  • VRF (coming soon)
  • PAIGE - Paintswap AI Game Engine (coming soon)
  • NFT lending (coming soon)
  • Sonic airdrop orderbook (coming soon)
  • Tokenomics
    • $BRUSH
      • LP/Staking
      • Early Distribution
      • Emissions History
  • NFT Marketplace
    • Introduction & Fees
    • Creating NFTs
      • Contract Factory
      • Bulk Mint
      • Interactive NFTs
      • Metadata
      • Supported NFTs
    • NFT Vaults
    • Trading NFTs
      • Marketplace Mechanics
      • Bulk / Batch Actions
      • Royalties
    • Collections
  • Resources
    • Contracts
    • API Endpoints
    • Discord Sales Bot
    • Media Kit
    • GitHub
    • Bugs & Reports
  • Socials
    • Medium
    • Twitter
    • Discord
    • Telegram
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On this page
  • Marketplace
  • NFT Sales
  • Initiating the sale
  • Cancelling a sale
  1. NFT Marketplace

Trading NFTs

Discover, collect, and sell extraordinary NFTs

PreviousNFT VaultsNextMarketplace Mechanics

Last updated 3 months ago

Marketplace

The is a hub to buy, bid, and sell NFTs. $S is used as the main currency, and some of the fees are used to buy $BRUSH.

NFT Sales

  • The seller puts the NFT up for sale, interacting with the NFT marketplace contract.

  • Potential buyers make their offers and (if a direct sale) can buy it immediately. Offers are done in wS.

  • The sale is concluded: fees and royalties are taken from the sale price and distributed. The NFT and currency are transferred to the new respective wallets. Any user can conclude a sale, but it needs to be called manually. We run a script that completes concluded sales after no more than 1 hour (except if gas is too high on the network).

Initiating the sale

When putting an NFT up for sale, you will need to provide:

  • How many to sell, of the same NFT

  • How long to keep it for sale

  • Sale price

    • Reserve price (minimum) for auctions

  • NSFW check

Cancelling a sale

Cancelling a marketplace sale is possible in all cases except the following. If a bid is placed on an auction, the auction can no longer be cancelled, unless the auction is less than 2 hours old.

Note that cancellations offer no refund of the listing fee.

Not all NFTs on the marketplace were minted in Paintswap. NFTs are simply smart contracts, and they can hide functionality that could, for example, self-destruct or transfer to a third party after some time. Beware of this risk, and prefer buying verified NFTs looking for a symbol on their page and check the contract, or NFTs from .

NFTs can be sold via direct sales or auctions. The mechanics of both are described in more detail in , but in summary, a sale goes through three phases:

Marketplace Mechanics
Marketplace Mechanics
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Paintswap NFT Marketplace
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