It seems that Minecraft and Bitcoin have really done a number on the way games are played nowadays. Despite the vast advancement in graphics, players from all over the world still love blocky characters and custom-made levels. Ever since Bitcoin came onto the scene years ago, there’s been a considerable rise of cryptocurrency. But what happens when you combine both these trends? You get games built on the blockchain, massive communities, and opportunities to monetize your gaming experience!
And that’s never been more evident than in The Sandbox.
So, what is The Sandbox? If you picture a giant sandbox filled with toys and the ability and tools to create your own castles, worlds, levels – whatever you can imagine, you can create just about anything… Perhaps you prefer to make a puzzle game?
The Sandbox is a game that revolutionizes the way cryptocurrency and gameplay work together. You get to create a virtual world where you can build your own interactive experiences on the Ethereum blockchain… and monetize them.
The Sandbox was created to give players a fully immersive playing experience. It has its own metaverse (if DC can do it, so can game companies!), which lets you create your own virtual world and completely own it. Currently, if you’re playing an online game that allows you to make and design your own worlds, obstacles, levels, etc., it’s all centralized, which means all the rights belong to the gaming company. That’s not the case here. The Sandbox is decentralized, which means that what you create, you own. This is part of the creators’ vision to build a fully working ecosystem with its own cryptocurrency, $SAND.
The ecosystems in The Sandbox work by using three integrated products – VoxEdit, Marketplace, and Game Maker. The 3D modeling tool of VoxEdit allows you to create 3D voxel objects. So, you can go crazy with the creation of your characters, animals, and scenery. These can then be exported to the Marketplace, a web-based shop essentially. Everything you create becomes an ASSET, but what do you do with that? That’s when the Game Maker comes into play. You can place an ASSET on your own LAND, so you can create an enhanced gaming experience for yourself and other players to enjoy. Or you can sell them on the marketplace for more $SAND.
Behind this virtual world is the blockchain technology that powers it and keeps the ecosystems and metaverse running. Non-fungible tokens, or NFTs, are used to let players and creators retain full ownership. NFTs are virtual tokens that cannot be interchanged but instead let players of The Sandbox own their digital items. By playing on the blockchain, you can benefit from security against fraud, complete control over your digital assets and what you choose to buy or sell, and thrive in a circular economy, even if it is online.
By now, you’ve heard a lot about $SAND, so here’s a rundown of why it’s so crucial to The Sandbox. $SAND is the main virtual currency used in The Sandbox. It’s an ERC-20 utility token that’s built on the Ethereum blockchain. But it has more uses than just buying and selling. First off, you can use SAND for all the essentials. As a player, that includes playing games, customizing your character’s avatar, purchasing equipment to use. And as a creator, you use it to buy ASSETS and LAND. Once you’ve got your LAND, you can then build your virtual world for other players to join. They then have to pay to embark on the experiences you create, and likewise, for someone who makes ASSETS, somebody else will pay for them on the marketplace.
But we did say it was more than just buying and selling. You can do that trading on the stock market. $SAND is also a governance token. That means you can take part in key governance decisions. You’ll have voting rights on critical elements in the metaverse. So, the more SAND you have, the more a role you can play in the future roadmap of The Sandbox by voting on critical decisions.
If you stake your SAND, then you can sit back and enjoy collecting revenue on your LANDS. The Sandbox also boasts a fee capture model in which 5% of transaction volume is allocated with 50% to the Staking Pool as rewards, so you never know, you may be rewarded massively the more you contribute. This is particularly evident in the Foundation – a system that offers grants to create top content and games. So far, we’ve seen over 15 game projects, and you can bet there are going to be more. Maybe from you?
If you’re a creator, then The Sandbox gives you the opportunity to see your visions come to life. And it lets you become part of a community where you can play a major role, all while monetizing your content along the way. And as a player, you can enjoy what you create or what others create, collecting $SAND along the way and enjoying a truly immersive gaming experience.
Are you ready to enter The Sandbox?