What is The Sandbox?

the sandbox

The Sandbox is a decentralized gaming platform that utilizes blockchain technology. It is built and grown by user-generated content, allowing players to create, share and earn money from their own gaming experiences. The platform utilizes SAND, an ERC-20 token, for transactions and governance of its decentralized autonomous organization (DAO).

Key Takeaways

  • The Sandbox is a blockchain-based gaming platform that allows users to create, own, and monetize their own gaming experiences using the platform’s native cryptocurrency, SAND.
  • Players use SAND to buy and sell assets on the platform, such as digital real estate and 3D avatars as NFTs in the Sandbox marketplace.
  • The platform also has its own game-making tool called VoxEdit, which allows players to create and animate their own 3D assets that can be used in games inside the SandBox.

Decentralization, ownership, and collaboration – these are the first principles of The SandBox. The platform makes is possible for creators to retain ownership of their assets and to earn a share of the revenue generated from their game creations. This incentivizes game creators to produce high-quality content and to engage with the platform’s community.

The Sandbox Metaverse

The Sandbox is part of a larger concept known as the metaverse, which refers to a collective virtual shared space, created by the convergence of the real and the digital. The metaverse is a concept that has been around for decades, but it has gained renewed interest in recent years due to the growth of virtual reality and other technologies that allow people to interact in virtual spaces.

In the case of The Sandbox, the metaverse is composed of individual “sandboxes” created by users within the platform. These sandboxes can be played by other users in the community, and the creators of each sandbox can earn rewards in the form of SAND tokens, the platform’s native cryptocurrency.

The Sandbox metaverse’s decentralized gaming experience empowers creators and players alike. The platform is positioning itself as a key component of the global emerging concept of the metaverse.

Its user-generated content ecosystem and game-making tool allow players to build immersive experiences that can be shared with others. This enables the platform to create a virtual world that is constantly evolving, shaped by its community’s creativity.

The Sandbox also has a partnership program that helps to bring established gaming companies and brands onto the platform. This allows partners to reach a new audience and monetize their existing assets in the form of NFTs.

SAND Token

The SAND token is the native cryptocurrency of The Sandbox platform and it has several key use cases.

One of the main uses of SAND is to facilitate transactions on the platform. This includes buying and selling digital assets, such as game items and digital real estate known as LAND.

Another use case for SAND is as a governance token, since The Sandbox is managed by a DAO. Users who hold SAND can stake it to participate in the decision-making process of the DAO, which is responsible for managing the platform and its community. Users who hold a certain amount of SAND can participate in voting for new features – influencing the direction of the platform’s development.

SAND can be earned in several ways, including the in game asset sales and rewards from the platform’s DAO. The SAND token is crucial to facilitating transactions, governing the platform, and rewarding creators, all of which which contribute to further growth and adoption.

The Sandbox Products

The Sandbox metaverse includes three products: Game Maker, VoxEdit, and the Sandbox Marketplace.

Game Maker is a set of tools that allows users to create and test 3D games on their LAND using ASSETS. The program has a user-friendly interface and enables editing game elements, such as environments or characters, and NFTs without requiring advanced programming skills.

VoxEdit is a free software for platform users that allows for 3D voxel modeling and creation of NFTs, including avatar-oriented equipment, like clothes, weapons, pets, and items for interaction on the platform.

Virtual items can be monetized as NFTs by moving them from VoxEdit to the Sandbox Marketplace, turning them into ASSETS and selling them with SAND tokens. The Sandbox Marketplace is an NFT marketplace launched in spring 2021 where players can upload, release and sell their NFT creations (ASSETS) using SAND tokens. The platform stores all information about assets using the InterPlanetary File System (IPFS).

The Sandbox Marketplace

The Sandbox marketplace is a key part of the Sandbox metaverse, as it allows creators to buy and sell digital assets which include: LAND (digital real estate), digital avatars, in-game entities, art, and equipment – all sold as NFTs.

The marketplace is built on blockchain technology, which provides a secure and transparent platform for transactions. It uses the platform’s native cryptocurrency, SAND, as a means of exchange. This allows creators to easily buy assets using SAND, and it also allows users to earn SAND by creating and selling their own assets.

The Sandbox FAQ

Who created The Sandbox?

The platform was founded by a team of experienced game industry professionals, including Arthur Madrid, Sebastien Borget, and Nicolas Julia. The team has a background in game development and publishing, as well as in blockchain technology.

What makes The Sandbox unique?

The Sandbox is an innovative platform that brings blockchain technology to the gaming industry. The gaming industry presents a vast untapped market for blockchain adoption, and Pixowl recognized this in 2011. The Sandbox aims to revolutionize the market and establish its place in the global gaming industry by creating a virtual universe where gamers can create and collect blockchain-based assets.

The platform focuses on user-generated content, creating an engaged community of players who contribute to the platform’s ongoing development. Additionally, introducing the SAND token promotes decentralized governance, allowing users to share their thoughts and ideas on the project’s future. Decentralized governance is becoming increasingly important in blockchain-based projects as technology evolves.

How can I buy Land in The Sandbox?

Here is a step-by-step guide on how to buy land in The Sandbox:

  1. First, make sure you have a wallet that supports the SAND token, the platform’s native cryptocurrency. You can use a software wallet, such as TrustWallet or MetaMask, to store your SAND tokens.
  2. Next, acquire some SAND tokens. You can purchase SAND tokens from a cryptocurrency exchange, such as Binance or Coinbase.
  3. Once you have acquired some SAND tokens, you can participate in land auctions within The Sandbox. Auctions are held periodically, and the details of each auction, including the starting price and the number of land parcels available, are announced in advance.
  4. To participate in an auction, visit the land marketplace on The Sandbox platform and select the auction you want to participate in. You can then place a bid on one or more land parcels using your SAND tokens.
  5. If your bid is the highest during the auction, you will win the land parcel(s) you bid on and they will be added to your inventory on the platform. You can then use your land to create and publish your own gaming experiences, known as “sandboxes,” within The Sandbox community.

Final Thoughts

The sandbox prioritizes inclusivity and self-sovereignty in its metaverse. These elements are visible from its gameplay to its game maker to the DAO. Similarly, the dua app ecosystem aims to bring a permissionless financial layer to its user base with the same priorities in mind. Our upcoming launch and integration DUA token will bring DeFi to a +5M user ecosystem. Read more about it here, and follow us on Twitter to stay updated!

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