Sub-Merchants

Metaventure sub-merchants are an important part of the economy. Not every player has the desire to open their own metaventure, but they still desire to sell their assets. Being a sub-merchant allows players to list their assets in a metaventure for a commission fee. The metaventure owner has operating costs and has business risks. As a service he can provide others the opportunity to have their asset listed in their store. Each metaventure owner can set the commission for his store (2-10%) and the minimum time an asset is to be listed before either the asset owner or metaventure owner can remove the asset from inventory.

You can check out the Upland Guide Maps to find maps of the different metaventures and shops around Upland, or see the world map below.

Before getting into the detailed process on everything you as a potential sub-merchant need to know about having your asset listed in a metaventure, lets break down the costs. Lets assume that the Metaventure owner sets his commission rate at 2%, and the sub-merchant wants to list an asset at a sales price for 100,000 UPX.

  • The buyer of the asset will pay 105,000 UPX. Just like on properties, and all assets sold on the secondary market, the buyer pays an additional 5% which is contributed to the community pool
  • The seller (sub-merchant) will receive 98,000 UPX, which is the sales amount minus the commission rate. This amount is calculated and presented to you when you set your listing price.
  • The metaventure owner will receive 2,000 UPX, which is the commission rate. The owner is subject to metaventure dues paid monthly. It is a factor of the revenues generated by all metaventure owners of that same type within the same city. Therefore a portion of this 2,000 UPX revenue is taxed and placed into the community pool.

If an asset is listed for USD, the transaction will occur in USD. For the metaventure owner, the revenue generated is translated into UPX (1 USD = 1000 UPX) and that UPX revenue is factored into the metaventure dues.

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