What Is The Sandbox? The World Leaders Play-To-Earn Games
20 April 2022
What Is The Sandbox? – Developed on Ethereum, the Sandbox is a decentralized networked fantasy game metaverse that enables non-technical users to create, sell, use, and monetize their virtual reality networked fantasy games? The SAND cryptocurrency, which is the native token of the crypto metaverse, is utilized to fuel the whole in-game economy.
The nucleus for change organizations (NFTs) are transforming how we acquire art, build communities, make money, and play. NFT-based efforts are evolving into full-fledged metaverses, with The Sandbox being at the forefront of this development trend. When compared to other crypto metaverse initiatives, the Sandbox is unique in that it has a user-generated content ecosystem that makes contributing to the metaverse simple and obvious even for those with no technical knowledge.
Throughout this lesson, bePAY will show you What Is The Sandbox? and help you to learn about the Sandbox project and its future, as well as how to play Sandbox and the utility of the Sandbox ecosystem’s multiple tokens, including the SAND token itself.
- What Is The Sandbox Game
- The Sandbox Tokenomics And The Sandbox Gameplays
- How Does The Sandbox Work?
- Can You Make Money On The Sandbox?
- The Sandbox vs Decentraland
- Is Sand Token Good Investment?
- FAQs About The Sandbox
- Final Thoughts
What Is The Sandbox Game?
The Sandbox is a play-to-earn blockchain game that enables users to construct a virtual environment using Ethereum’s non-fungible tokens (NFTs). Players may create their avatars to access The Sandbox metaverse’s many games, locations, and hubs. A DeFi version of Minecraft is what you’ll get with this game.
The Sandbox was launched in 2011 by Pixowl as a mobile game platform meant to compete with Minecraft. It became an international success, with over 40 million downloads. However, in 2018, co-founders Arthur Madrid and Sebastien Borget decided to investigate the possibility of developing a blockchain-based 3D metaverse.
Its mission is to empower people to genuinely own their innovations as NFTs and to receive incentives for contributing to the ecosystem. The new Sandbox project was launched in 2020 and quickly became one of the crypto world’s fastest-growing games, alongside Axie Infinity and Decentraland.
The Sandbox secured $93 million in November 2021 from investors headed by Japan’s telecom giant SoftBank. Additionally, the game benefited from over 50 agreements, including those with Atari, a well-known gaming firm, CryptoKitties, The Walking Dead, and hip-hop artist Snoop Dogg.
What Is The Sandbox?
The Sandbox Tokenomic And The Sandbox Gameplays
The Sandbox ecosystem makes use of a variety of different tokens by creating an environment for tokenized assets in games. Sandbox Token ($SAND) is an ERC-20 token that is used to facilitate all transactions and interactions inside the ecosystem with a total supply of 3 billion SAND.
To play games, acquire equipment, or modify your avatar, for example, Sandbox Tokens are required. SAND will also act as a governance token in the future, allowing holders to have a say in how the ecosystem is changed after The Sandbox DAO (decentralized autonomous organization) is founded.
Additionally, SAND may be used to acquire $ASSETS and $LANDS, which are digital parcels of real estate represented by ERC-721 tokens, which are non-fungible tokens. Players may house games and ASSETS on their LANDS, a 96×96 meter digital space. There will never be more than 166,464 LAND parcels. When a player merges numerous LANDS into a single property, the result is referred to as an Estate.
Finally, Sandbox Tokens can be staked to get additional SAND, as well as Gems and Catalysts – two additional token kinds necessary for ASSET generation. Your ASSETS tier and scarcity are established by ERC-20 tokens known as catalysts.
The tiers range from “common” to “legendary,” with common ASSETS being the most plentiful and legendary ASSETS being the least plentiful. Gems are ERC-20 coins that are destroyed upon usage. Additionally to being obtained from SAND staking, Gems may be purchased from other players.
The Sandbox Tokenomics and The Sandbox Gameplays
The Sandbox compensates participants for Ethereum gas expenses, enhancing the user experience. Additionally, 50% of the Sandbox Token transaction volume is reserved for The Sandbox Foundation, which supports the ecosystem through grant funding and platform promotion.
How Does The Sandbox Work?
The Sandbox is a dynamic virtual environment that is entirely composed of user-generated content. Using VoxEdit and Game Maker, players may develop and create their own NFTs, including avatars, virtual items, and even games. They may not only utilize the virtual products to engage with other players, but also monetize them by exchanging them on the Sandbox Marketplace.
VoxEdit is a simple-to-use program that allows artists and gamers to construct, rig, and animate voxel-based NFTs. Voxels are square three-dimensional pixels that resemble lego pieces. They may be easily altered with VoxEdit to create a variety of forms.
For instance, users may develop avatar-specific stuff such as clothes or weapons, animals, flora, gaming tools, and other items for usage in The Sandbox. These virtual items may then be exported and exchanged as non-fungible tokens on the Sandbox Marketplace.
How Does Sandbox Work?
The Sandbox Avatar
Avatars are used by players to interact with other players in the metaverse. To put it another way, a Sandbox Avatar is an ASSET that can be generated in the Voxedit program.
It was recently announced that the Sandbox will be introducing a new avatar tool that would enable users to directly customize their avatars without the need to use VoxEdit by mixing and matching various body parts and garments.
Maker of Games
Users may use Game Maker to create and test their own 3D games inside the Sandbox metaverse. It’s simple software that requires no coding experience to operate. In an environment called LAND, users may design and arrange various components and objects, including the NFTs developed using VoxEdit.
They may alter the landscape, but people and structures, and construct quests from the community-developed resource library, for example. Additionally, they may share their works with the Sandbox community.
Land In The Sandbox
The Sandbox Marketplace, which launched in April 2021, is an NFT marketplace where players may sell in-game assets (ASSETS) for SAND, The Sandbox’s native cryptocurrency. The ASSETS gained may then be used to build unique games by incorporating them into LAND using Game Maker. These NFTs may take the form of creatures, structures, or wearables, and can all be employed inside The Sandbox.
As previously stated, The Sandbox’s ecosystem makes use of a variety of different tokens to enable users to engage with the platform, including SAND, LAND, and ASSETS.
Can You Make Money On The Sandbox?
It is possible to make money in The Sandbox in a variety of ways. It is possible to sell NFTs created using VoxEdit once they have been uploaded to The Sandbox Marketplace for sale. For example, ASSETS such as avatars, motorcycles, and animals are available for purchase at a variety of price points ranging from less than 10 SAND to thousands of SAND.
Similarly, you may utilize The Sandbox Game Maker to develop and market your games, or you can earn rewards by participating in the games of other users. Your LAND may be rented out to other players, or you can add content to increase the value of your LAND.
Can You Make Money On The Sandbox?
In addition to the Sandbox, other crypto metaverses are seeking to alter the relationships between creators, players, and gaming platforms. The new game industry is being established by The Sandbox and its colleagues, in which players control the results of their creative work and are compensated for the significant value that they produce for platform operators.
The Sandbox vs Decentraland
Decentraland, the initial pioneer in the metaverse area, launched in 2017 and is a truly immersive and engaging 3D metaverse experience. Along with exploring the vast virtual globe, it is primarily concerned with letting users acquire pieces of property.
Participant experiences at Decentraland include a wide range of activities such as gaming, casinos, art exhibitions, concerts, and many other possibilities. According to the current state of affairs, it is the longest-running project in the metaverse.
Decentraland was launched with a $24 million initial coin offering (ICO), and it will be accessible to the general public in 2020. Users may build a broad range of experiences on the numerous plots of virtual real estate available on the platform, depending on their preferences. MANA and LAND are two separate coins related to Decentraland that may be found on the market.
It is the platform’s native token, MANA, which is compliant with ERC-20 standards. Users may use MANA to purchase LAND token, which is compliant with ERC-721 standards. MANA can be burned in exchange for LAND token. Various avatars, wearables, items, and names may be purchased with the MANA token in the Decentraland marketplace using this cryptocurrency.
The Sandbox vs Decentraland
even though they have many characteristics, Decentraland and The Sandbox are not the same things. Some of the most important differences between the two are as follows:
- Decentraland restricted the number of land plots available to 90,601 NFTs, but The Sandbox offers over double that number, with 166,464 lands NFTs.
- Decentraland features three different forms of tokens: MANA, LAND, WEAR, while The Sandbox contains four different sorts of tokens: SAND, GAMES, LAND, ASSETS
- The maximum supply of MANA in Decentraland is 2,193,785,227, whereas the maximum quantity of SAND tokens in The Sandbox is 3,000,000,000 SAND tokens.
- The market capitalization of Decentraland is $4.5 billion, while the value of tokens held by The Sandbox is $3.3 billion.
More crucially, The Sandbox has developed a precise roadmap, to deploy the platform on mobile devices by the end of the year 2020. However, Decentraland’s agenda isn’t quite as ambitious, according to some observers. The Sandbox is more centralized, with experienced video game creators on hand, while Decentraland depends on its decentralized autonomous organization (DAO) for development.
Cyberpunk, Polygon, and Atari are among the companies with whom Decentraland has collaborated. The Sandbox, on the other hand, has assets that may be transferred to OpenSea as a result of its work with Snoop Dogg, the Walking Dead, and CryptoKitties, among other things.
As a result, Decentraland users may only purchase land NFTs inside the confines of their marketplace. It’s interesting to see that even Atari has claimed The Sandbox.
Finally, while Decentraland is older than The Sandbox, the latter’s visuals and aesthetics are better than the former. As the pioneer of the 3D blockchain Metaverse, Decentraland seems to be a bit of a disappointment in contrast.
Because The Sandbox was originally designed as a smartphone game by the Pixowl gaming company in 2012, this isn’t unexpected. Accordingly, their first concentration was on gaming, while Decentraland’s initial concentration was on blockchain technology.
Sandbox vs Decentraland
Regarding financial support, both platforms rely on venture capital (VC) companies to provide cash flow. Decentraland, on the other hand, has greater institutional support, including the South Korean government, Samsung, Polygon, the Digital Currency Group, FBG Capital, and the Cyberpunk collective.
The Sandbox, on the other hand, has fewer but more powerful backers: SoftBank, a Japanese giant based in Tokyo that has made significant investments on the world stage.
The Sandbox Vs Decentraland: Which Should You Choose?
The Sandbox is the apparent victor when it comes to general user accessibility, game emphasis, aesthetics, and a more comprehensive plan, among other factors. In the case of blockchain gaming, although Decentraland has its own decentralized autonomous organization (DAO), having a more experienced and decentralized platform tends to provide better outcomes in a sensitive and sophisticated area such as blockchain gaming.
Meanwhile, The Sandbox provides a plethora of tools as well as visually appealing artwork. Both of these contribute to a pleasurable experience. If you’re having trouble deciding, consider trying them both and seeing which one works better for your needs.
Is SAND Tokens Good Investment?
The Sandbox is a sound investment since it incorporates blockchain technology with the massive global gaming industry. While various efforts to bring blockchain technology to gaming have been tried in the past, The Sandbox may be the first to succeed due to its exclusive emphasis on a totally decentralized gaming environment in which players have the ultimate say.
Is Sand Tokens Good Investment?
In comparison, several projects use blockchain technology just to store in-game assets. Due to the fact that individuals have total control over The Sandbox environment, it may organically evolve and adapt far more quickly than centralized game settings.
Numerous blockchain investors believe that The Sandbox is a feasible investment opportunity because the SAND token is not just in-game money but also a governance asset that enables users to make key choices about the project’s growth.
FAQs About The Sandbox
How Can Players Get Access To The Metaverse?
The metaverse will be accessed by players via portals on social centres, such as ESTATEs owned by The Sandbox or significant partners (such as Atari, Smurfs, Care Bears and so on).
Which Game Genres Are Included In The Sandbox?
At the moment, the Game Maker is perfect for creating role-playing games (RPGs), as well as open-world and adventure games. However, different game kinds are available. Additionally, the Game Maker program is continually updated with new features, expanding the gameplay possibilities.
Can I Alter The Player’s Speed Or Leap Height In Games That I Create?
Adding this to the list is something we intend to do. It will enable a broader range of games, including underwater and low-gravity space games.
Can Two Or More Individuals Collaborate To Create A Game?
Yes, you may cooperate with another game creator and/or a designer of ASSETs.
The Sandbox Games Frequently Asked Questions
Brands like The Walking Dead, Smurfs and Atari have worked with The Sandbox. Virtual performances by Deadmau5 and Snoop Dogg, as well as a Walking Dead video game, are examples of these collaborations. A total of $93 million has been raised thus far for the project, and the team is focused on expanding its product line and metaverse.
A few new metaverse features will be made available to LAND owners in 2022 if they have created outstanding gaming environments during the interim.
The Sandbox is a platform for user-generated content that enables users to contribute to and develop material for the metaverse. In contrast to other famous play-to-earn games, The Sandbox lacks a predefined gameplay setting. It takes a flexible approach by allowing customers to modify anything via the use of free and simple-to-use tools. Additionally, user-generated material can be commercialized as NFTs or used to enhance the user’s game experience.