Blockchain gaming and metaverse are two of the hottest trends in the world of cryptocurrency today. The Sandbox brings a similar experience for its users with a mix of NFTs.
Blockchain gaming and metaverse are two of the hottest trends in the world of cryptocurrency today
. Players enjoy immersing themselves in virtual worlds where they can own assets and feel empowered. Most of these games are based on the dual token economies model
to allow players to have a unique experience. The Sandbox provides an experience of such a virtual world that is full of opportunities.
The main draw of metaverses on the blockchain is how players can play, build, and own properties and in-game assets. More importantly, they can sell those assets for real-world money. As a result, a metaverse provides an unprecedented potential for brands, artists, creators, and players alike. The Sandbox wants to help unleash that creativity.
The primary purpose of The Sandbox
is to leverage
the potential of blockchain technology and non-fungible tokens. These NFTs
provide scarcity, security, and authenticity in the digital world, an aspect that is crucial when letting users build virtual worlds and ecosystems. Through The Sandbox, players can create in their own land and build the gaming world as they desire.
The concept of creating a powerful gaming experience is not new. However, giving players free rein as to how they want to monetize that experience has not been tried before. It creates a very different virtual world concept. User-generated content gaming IPs are scarce these days, yet the Sandbox has built up a solid reputation in the field.
The team behind the project, Pixowl, has been accessible through mobile games The Sandbox and The Sandbox Evolution. Both games have over 40 million downloads across iOS and Android combined. In addition, Pixowl brought The Sandbox to the blockchain in 2018 to disrupt popular games, such as Minecraft and Roblox.
Providing creators with true ownership of in-game items through the non-fungible token standard creates an incentive for builders, players, and artists to explore blockchain technology in a gamified manner.
Bringing a user-generated content ecosystem to the blockchain is only the first step. Pixowl has created three integrated products and services to offer an encompassing experience for user-generated content production. Moreover, these products empower users by giving them copyright ownership for their content with the help of blockchain technology and smart contracts
The first project under The Sandbox banner is VoxEdit, a Voxel Editor letting users create voxel models, rig them, and animate them accordingly. As a 3D modeling and NFT creation package, users on Windows and Mac can begin creating 3D objects, ranging from humans to foliage and animals to tools. Once built, the objects can be exported from VoxEdit into The Sandbox marketplace to be used as in-game ASSETS.
Product number two is the native marketplace of The Sandbox. The NFT marketplace allows users to upload, publish, and sell their creations developed through VoxEdit. All uploads pass through IPFS to offer decentralized storage and accessibility. That upload is recorded on the Ethereum blockchain to prove ownership. All creations that pass this process become assets that players can sell through an initial sale offer on the NFT marketplace.
Last but not least, there is The Sandbox Game Maker. Developers and enthusiasts seeking to build 3D games can do so free of charge and without coding skills. One can do everything through a visual editor to create games within minutes. Every new game is added to the ever-expanding metaverse and can be filled with interactive creations and experiences.
Unlike other play-to-earn games
on the blockchain, the Sandbox is developed through user-generated content only. There is no fixed game world, even though all users have access to the metaverse at all times.
How they use this metaverse and monetize it is entirely up to the community members. That approach offers unprecedented freedom in play-to-earn gaming.
Moreover, the approach of letting users generate all of the content populating this metaverse introduces tremendous flexibility and customization. Players can create anything they want with the free tools provided by The Sandbox and use those to enhance the gaming experience or monetize certain aspects. From a play-to-earn perspective, The Sandbox checks many of the right boxes to attain long-term sustainability, assuming the players keep adding new things to the ecosystem.
As the native in-game currency, $SAND
serves as a utility token that lets players buy and sell LANDS and ASSETS in The Sandbox metaverse. It is the basis of transactions and interactions and utilizes the ERC-20
token standard. There is a finite supply of three billion $SAND tokens, which can be acquired from various exchanges, including Binance, Uniswap, Gemini, etc.
LANDS are a crucial aspect of The Sandbox Metaverse. Every LAND represents a part of the world owned by players to create and monetize experiences. With only 166,464 LAND available, there is a finite supply to contend with. Players can use all LANDs to host games, organize multiplayer experiences, create housing, or provide social experiences to the community.
Every ASSET in the game is a token created by players through user-generated content. ASSETS are tradeable on the built-in marketplace and serve as creative elements in The Sandbox Game Maker.
Considering how long The Sandbox has been around - the first mobile app was released in 2011 - there is a loyal following for the blockchain game. Its migration to blockchain technology has not slowed down that growth, and many people are taking notice. Artists are creating dedicated "voxel collections" of existing and upcoming NFT collections, and new game ASSETS are being introduced regularly.
Moreover, many people are only now becoming aware of this metaverse, and they purchase LAND to help bring more content and experiences to the platform. There is still a lot of growth potential, although the main challenge is to attract people from outside the cryptocurrency ecosystem.
Those who have always been interested in developing games but don't possess the necessary coding knowledge can check out the tools provided by The Sandbox. it is a no-cost way of figuring out whether one likes the idea of creating and monetizing gaming content through blockchain technology.
This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice. The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap. CoinMarketCap is not responsible for the success or authenticity of any project, we aim to act as a neutral informational resource for end-users.