What is Sandbox (SAND)?
"The Sandbox" is a play-and-earn game that integrates blockchain technology, decentralized finance (DeFi) and NFT in a 3D metaverse. In this virtual world, players can use free design tools to build their own games and customize games and digital assets. Player-made virtual goods can be monetized into NFTs and sold for SAND tokens on The Sandbox marketplace.
The SAND token is the native token of The Sandbox. It is the basis for all transactions and interactions in the game. SAND can be earned by playing games in The Sandbox and participating in competitions, or purchased on cryptocurrency exchanges such as Binance.
The game industry is increasing resource investment, putting more projects into the blockchain, and improving the game experience through the creation of metaverse is a current hot spot. In October 2021, Facebook changed its name to "Meta", and the popularity of metaverse games surged. The metaverse in the blockchain changes the way users interact and redefines the ownership of digital assets in games. "The Sandbox" is one of the most popular blockchain game projects, creating a unique virtual experience for players. In the game, players can contribute to game items and virtual land. All assets are in the form of non-fungible tokens (NFT), allowing players to unleash their creativity.
What is The Sandbox?
"The Sandbox" is a play-and-earn blockchain game where players can use non-fungible tokens (NFT) to create a virtual world on the Ethereum blockchain. Players can design their own virtual avatars and step into different games, environments and gathering places of "The Sandbox" metaverse. You can think of this game as a DeFi version of Minecraft on the blockchain.
"The Sandbox" was launched by Pixowl in 2011. At first it was just a mobile game platform, hoping to compete with "Minecraft". Later, it gradually developed into a popular project, with more than 40 million downloads worldwide. In 2018, co-founders Arthur Madrid and Sebastien Borget decided to enter the blockchain and try to build a 3D metaverse. They hope to allow users to truly own original NFTs and earn rewards as they explore the ecosystem. Released in 2020, the brand new project The Sandbox joins Axie Infinity and Decentraland as the fastest growing game in the cryptocurrency space.
In November 2021, investors led by the Japanese mobile communication giant Softbank will inject US$93 million into "The Sandbox". The game has attracted more than 50 partners, including the well-known game company Atari, "CryptoKitties", the American TV series "The Walking Dead" and hip-hop superstar Snoop Dogg.
How does The Sandbox work?
"The Sandbox" is a dynamic virtual world that builds a stage for users to express their creativity. Players can use VoxEdit and Game Maker to create exclusive NFTs, including avatars, virtual items and even games. In addition to using virtual items to interact with other players, players can also monetize these NFTs by trading them on the Sandbox marketplace.
VoxEdit
VoxEdit is a convenient and fast software for artists and players to create and manipulate NFTs with voxel elements, and edit them into animations. Voxels are square 3D pixels similar to Lego, which can be quickly edited in VoxEdit and shaped into different shapes. For example, users can create equipment (such as clothing or weapons) to arm their avatars, or design animals, plants, game tools and items to be used in The Sandbox. These virtual items can be exported and traded in the Sandbox market in the form of NFT.
Game Maker
Game Maker supports users to create and test original 3D games in the "The Sandbox" metaverse. The program is very simple and requires no coding knowledge. Users can design and organize different elements and objects in an environment called "LAND", including making NFTs with VoxEdit. For example, terrain can be edited, characters and buildings can be placed, and quests can be planned from a library of community-developed assets. In addition, players can also share personal creations in the "The Sandbox" community.
The Sandbox Marketplace
The Sandbox marketplace launches in April 2021. In this NFT marketplace, users can trade in-game assets (ASSETS) using SAND, the game's native cryptocurrency. Use Game Maker to integrate earned ASSETS into LAND to create unique games. These NFTs can be entities, buildings, clothing, etc., all available within The Sandbox.
As mentioned above, "The Sandbox" uses a variety of tokens in the ecosystem for players to interact with the platform, including SAND, LAND and ASSETS.
What is Sandbox (SAND)?
Sandbox (SAND) is the native token of The Sandbox. It is an ERC-20 token with a total supply of 3 billion.
As a utility token, SAND can be used for any type of transaction and interaction within The Sandbox ecosystem. Therefore, players must hold SAND to play games, customize avatars, buy LAND, or trade ASSETS in the Sandbox Marketplace. SAND is also a governance token. SAND holders can propose and vote on platform updates through the decentralized autonomous organization (DAO) structure.
Additionally, holders can stake SAND in-game to earn rewards, including sharing revenue from all SAND token transactions. Most importantly, staking SAND can increase the probability of finding precious GEM and CATALYST, creating more scarce ASSETS.
SAND can be obtained by playing different games and participating in competitions in The Sandbox, or purchased on cryptocurrency exchanges such as Binance.
What are ASSETS?
ASSETS are NFTs made by users. They are voxels made by VoxEdit, then uploaded to the Sandbox market and converted into NFT for sale.
ASSETS can be used in the game in different ways. Uses include environmental assets such as buildings, movable animals, or cars, as well as being attached to avatars as clothing or weapons. Users who create games in Game Maker can design ASSETS to create a unique gaming experience.
What are LANDs?
LAND is the digital estate of The Sandbox platform. It is a unique ERC-721 token on the Ethereum blockchain. Players can use the Game Maker tool to purchase LAND, invest ASSETS in it, and create exclusive games. Players can also merge multiple LANDs to form estates with a maximum size of 24x24.
LAND allows players to monetize their gaming experience. For example, players can charge players to visit their LAND or play their games, earn SAND rewards for providing content and hosting events, or sell or rent out custom LAND to their name.
"The Sandbox" has a total of 166,464 LAND. During the public sale, players can purchase LAND using SAND and Ether (ETH). You can find a list of confirmed public sales and dates in the Sandbox gitbook. In addition, you can also visit "The Sandbox" market and NFT platforms such as OpenSea to buy LAND from other users, but the price may be higher than the official public selling price.
Summarize
"The Sandbox" is an original content platform that supports users to create exclusive content and contribute to the Metaverse. Unlike other popular play-and-earn games, "The Sandbox" does not have a pre-set game world, but uses a flexible and diverse mechanism that allows users to customize everything through simple and convenient free tools. In addition, original content can be monetized in the form of NFT, or applied to game experience optimization.
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