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The Sandbox (SAND)
The Sandbox coin is part of a growing ecosystem of virtual worlds known as metaverse gaming. Here players can create, build, and farm from their gaming experiences. It is a platform that uses blockchain technology to allow players to truly own and profit from their creations. With the rise of NFTs (non-fungible tokens), The Sandbox has quickly become one of the hottest names in cryptocurrencies and gaming communities.
The team behind The Sandbox has partnered with major brands such as Atari, Care Bears, and Smurfs, giving players the opportunity to create a world filled with beloved characters. The Sandbox also features its in-game currency called SAND, which is used for in-game purchases and transactions.
In this article, we’ll explore what exactly The Sandbox is, why it’s gaining popularity among gamers and investors alike, and how you can start building your own virtual world through this innovative platform.
What is The Sandbox?
The Sandbox is a decentralized gaming platform. It aims to create a virtual world where players can create, build, and monetize their own gaming experiences using non-fungible tokens (NFTs).
In The Sandbox, players can create their own gaming experiences using the platform’s intuitive building tools, such as the VoxEdit software, which allows users to create voxel-based 3D assets. These assets can then be uploaded to The Sandbox marketplace and sold to other players using SAND tokens(SAND). These tokens are primarily used for a variety of functions, including purchasing virtual land and assets, participating in in-game events and competitions, voting on platform governance decisions, and navigating through the metaverse
The Sandbox also features a game creation tool that allows users to create their own games using a visual scripting language called Voxel Script. Once a game is created, it can be published on The Sandbox marketplace, where other players can play it and developers can earn SAND tokens from game purchases.
SAND is a utility token on The Sandbox platform, and is used for a variety of functions, including purchasing virtual land and assets, participating in game events and competitions, and voting on platform governance decisions.
Sandbox Governance Token
SAND is a governance token, which gives holders the right stake to participate in the decision-making processes of the Sandbox ecosystem.
Specifically, SAND holders can vote on proposals related to the development of the Sandbox platform, such as new features, game mechanics, and partnerships. The number of votes a holder has is directly proportional to the amount of SAND they hold. This means that the more SAND a user holds, the more influence they have on the direction and future of the Sandbox platform.
The Technology Behind The Sandbox
Here are some of the key technologies behind The Sandbox:
- Ethereum Blockchain(Eth): The Sandbox uses it as the underlying technology to store ownership information, transactions, and smart contracts. It allows users to create, trade, and exchange tokens, which are ERC-20 tokens built on Ethereum.
- Non-Fungible Tokens (NFTs): The Sandbox uses NFTs to represent unique and indivisible virtual assets, such as virtual land, buildings, and characters. An NFT is created using the ERC-721 standard on Ethereum, which ensures the uniqueness and ownership of each asset.
- Voxels: The virtual world is built using voxels, which are 3D cubes that can be stacked and arranged to create objects and landscapes. Voxels are the building blocks of The Sandbox’s user-created content, and they can be used to create anything from simple structures to complex games.
- Unity Game Engine: The Sandbox uses the Unity game engine to create and render its virtual world. Unity is a popular game engine that provides tools for game development, physics simulation, and graphics rendering.
- Decentralized Autonomous Organization (DAO): The Sandbox is governed by a DAO, which uses smart contracts and blockchain technology to make decisions and allocate resources. It is responsible for managing the SAND token economy, organizing events and competitions, and ensuring the fairness and transparency of the platform’s operations.
How does The Sandbox work?
- Players can use the Sandbox’s visual scripting tool, called the Game Maker, to create their own games and experiences within the platform. They can design game worlds, create characters and objects, and program interactive gameplay mechanics.
- Once a player has created a game or experience, they can publish it on the Sandbox marketplace. Other players can then play the game and provide feedback.
- Players can monetize their creations by selling them on the marketplace. They can earn tokens, which can be used to buy other assets within the platform or traded on crypto exchanges.
- It also features a social network where players can connect with each other, collaborate on game creation, and participate in community events.
- The platform is governed by a decentralized autonomous organization, which allows token holders to vote on platform upgrades, community initiatives, and other governance decisions.
What makes The Sandbox Unique?
Here are some unique features that set The Sandbox apart from other virtual worlds:
- User-Generated Content: The Sandbox allows players to create their own gaming experiences. They can use VoxEdit to create 3D assets and import them into the virtual world. Players can monetize their creations and earn crypto for their efforts. To access the game and participate in the economy, players need a crypto wallet such as MetaMask to manage their digital assets.
- Play-to-Earn Model: Players can earn real-world rewards in the form of NFTs by participating in the game’s ecosystem. The game’s currency, SAND, is used to purchase land and other in-game assets. Users can also earn SAND by playing games and creating unique experiences using the game’s proprietary game creation tool, VoxEdit.
- Interoperability: The Sandbox is built on the Ethereum blockchain, which allows for interoperability with other blockchain-based games and platforms. This means that players can use their SAND and other game assets in other games and platforms, creating a seamless gaming experience.
- Partnerships: The Sandbox has partnered with some of the biggest names in the gaming and entertainment industry, including Atari, Shaun the Sheep, and Square Enix. These partnerships bring in more users and provide players with access to exclusive game assets.
Community and Partnerships The Sandbox
Community is a key part of The Sandbox ecosystem, with a focus on user-generated content and collaboration. The Sandbox has a large and active community of developers, investors, creators, and gamers who work together to build and promote the platform.
The Sandbox has partnerships with a variety of companies and projects in the blockchain and gaming industries. These partnerships include collaborations with major gaming companies such as Atari, Square Enix, and Care Bears, as well as other projects such as Axie Infinity, Binance, and Polygon.
These partnerships allow The Sandbox to tap into a wide range of resources and expertise, and to expand its reach and user base. They also help to drive innovation and development within the platform, as partners bring new ideas and technologies to the table.
Where to buy and sell Sandbox Crypto Tokens
The Sandbox (SAND) can be bought or sold on several crypto exchanges. Here are some popular options:
- Binance(bitcoin)
- Coinbase
- Kraken
- Bitfinex
- Huobi
- BingX
- XT.COM
Sandbox vs Competitors
Here are some comparisons of The Sandbox with other blockchain-based gaming platforms:
- Decentraland (MANA): Decentraland is a virtual world where players can buy, sell, and develop virtual real estate using blockchain. Like The Sandbox, it also uses NFTs to represent virtual assets. However, Decentraland focuses more on creating a virtual world with user-generated content, while The Sandbox emphasizes gaming experiences.
- Axie Infinity (AXS): Axie Infinity is a blockchain-based game that lets players collect, breed, and battle creatures called Axies. It uses NFTs to represent these creatures and lets users earn cryptocurrency by playing the game. Also, the Sandbox allows participants to commercialize their gaming experiences using NFTs but focuses more on user-generated content creation and game development.
- Gods Unchained (GODS): Gods Unchained is a blockchain-based collectible card game where players can buy, sell, and trade virtual cards using cryptocurrency. It also ensures ownership and scarcity of the cards. While The Sandbox lets participants create and share their own games, Gods Unchained focuses on the competitive aspect of collectible card games.
The Sandbox Metaverse History
Together with Sebastien Borget, Arthur Madrid founded The Sandbox and serves as its CEO. The Sandbox (SAND) project was first introduced in 2012 by French game development studio Pixowl, but it wasn’t until 2018 that the team began exploring blockchain technology as a means to improve the platform’s scalability and security.
The Sandbox team launched a private pre-sale of their SAND token in March 2020, which was followed by a public token sale in August 2020. The public sale sold out within just five hours, with the team raising $3 million USD in funds. The token is used within the platform to purchase land, create and customize gaming experiences, and trade virtual assets with other players.
In December 2020, The Sandbox announced a partnership with Atari, one of the most well-known names in the gaming industry. The partnership will allow for the creation of Atari-inspired virtual worlds within the platform, as well as the inclusion of classic Atari games within the platform.
In February 2021, The Sandbox announced another major partnership with Animoca Brands, a leading blockchain gaming company. The partnership includes a $2 million USD investment by Animoca Brands into The Sandbox and a collaboration to create a blockchain-based version of the popular game, Formula E.
As of March 2023, The Sandbox has continued to expand and attract attention within the gaming industry. The platform has been featured on various high-profile media outlets, including Forbes and CNBC, and has partnered with a number of other gaming companies and projects to create new and innovative experiences within the platform.
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