The Sandbox is a virtual world where gamers can construct, own, and monetize their gaming experiences in the Ethereum blockchain.
Some Few Historical Facts
The Sandbox (2011) and The Sandbox Evolution (2016) were enormously successful mobile games, garnering a total of 40 million downloads across iOS and Android.
Pixowl, a developer and publisher, opted in 2018 to port its popular User Generated Content game intellectual property (IP) and sizable mobile community of content creators to the blockchain environment.
The objective is to cause a ruckus among established game developers like Minecraft and Roblox by giving creators full control over their work in the form of non-transferable tokens (NFTs) and rewarding them for their contributions.
A Content Generated by Users Ecosystem
All the tools you need to make your own UGC are included in the Sandbox blockchain game platform, which is made up of three interconnected products. Because of the integrated products’ support for blockchain and smart contracts, users can now safely transfer ownership of their user-generated content.
VoxEdit
VoxEdit is a free, robust, and intuitive 3D voxel modeling and NFT creation application for Windows, macOS, and Linux that lets you build and animate anything from people and animals to cars and plants.
Voxels are square 3D pixels that can be easily edited with VoxEdit to make stunning artwork. After being created with VoxEdit, objects can be sent to The Sandbox market to be used as ASSETS in NFT games.
Marketplace
NFTs made in VoxEdit can be uploaded, published, and sold in Sandbox’s NFT marketplace. Initially, works are submitted to a decentralized IPFS network for storage, and subsequently, they are registered on the blockchain to establish ownership. Once this is done, the creations are now ASSETS that can be sold by listing them for sale on the market.
In-Game Designer
The Sandbox Game Designer is a free program that anyone may use to create high-quality 3D video games. The availability of visual scripting tools has made it possible to make visually impressive 3D games in a matter of minutes, without the need for any code. Thanks to you and other creators like you, the metaverse is filled with incredible interactive works and experiences.
A Gaming Platform Built on Blockchain
The Sandbox employs a number of tokens to facilitate a feedback loop among the many user roles on the network (players, creators, curators, and land owners).
Sand: For all interactions and transactions within The Sandbox ecosystem, the ERC-20 token known as SAND is used.
Land: Land is a piece of virtual real estate in the virtual world of The Sandbox. For the purpose of populating it with games, objects, and interactive experiences, players purchase LAND. On the public Ethereum blockchain, there exists a single instance of a LAND token (ERC-721).
Assets: Assets (or Asset Tokens) are tokens made by players who develop or aggregate user-generated content (UGC). Although ASSETS are tradable on the market thanks to the ERC-1155 standard, their primary purpose is to be used as building blocks in The Sandbox Game Maker.
Virtual tokens with digital scarcity, security, and authenticity are called non-fungible tokens (NFTs). They cannot be broken down into smaller parts or substituted for one another.
What is a Sand?
SAND was released on the Binance exchange in August 2020, and it is a crucial feature of The Sandbox platform. We’re focusing on building the fundamental mechanisms that will permanently bond SAND to The Sandbox and increase its worth. The Sandbox (SAND) token is an ERC-20 utility token constructed on the Ethereum blockchain, and it will eventually be used as the standard for all financial dealings within the platform.
Access the Sandbox Platform: Access Players on the Sandbox platform use SAND to access games, purchase virtual goods, and personalize their Avatars. Sand is used by creators to stake claims on land and other assets. The need for SAND to buy LANDS will be fueled by LAND sales. Sand (the currency) will be used by creators to purchase Gems, which will be used to define Rarity and Scarcity in uploaded Assets on the Market.
Governance: Tokenized participation in the governance of the platform through a DAO (Decentralized Autonomous Organization) framework is provided by the SAND token. They have a say in the distribution of grant money from the Foundation to content and game developers and the priority of platform features. Owners of SAND tokens have the option of casting votes in person or by designating another player.
Staking: Gaining more SAND when you stake is possible because of staking, a process that generates passive income from LANDS. In addition, this is the only way to acquire the rare and priceless Gems and Catalysts needed to create an ASSET.
Fee Capture Model = 5%: By using the Fee Capture model, 5% of all SAND token transaction volume (Transaction Fees) will be levied, with 50% of the revenues going toward the Staking Pool as rewards for token holders who stake SAND tokens, and 50% to the “Foundation.”
Foundation: The Foundation exists to bolster The Sandbox ecosystem by providing financial assistance to developers of innovative and high-quality games and interactive content. To date, the Foundation has awarded financing to more than 15 game projects, and 100+ artists have been given grants to create NFTs in preparation for the public release. In this way, the Foundation’s investments in games will increase the value of the metaverse as a whole, allowing for the creation of even more expansive games and experiences.
What is a Land?
The users purchase a LAND, which is a virtual plot of land in The Sandbox metaverse, to create their own custom-made games and other forms of interactive content. When you have a piece of LAND, you can start putting in your own games and assets.
On the public Ethereum blockchain, there is one LAND for each user. These tokens are non-fungible and can’t be exchanged for other LAND (ERC-721).
The Sandbox is a metaverse that can only hold a maximum of 166,464 LANDS, all of which are located on a single map.
The Sandbox land map features two types of parcels:
Land: GROUND is the most fundamental feature of the Sandbox world. Each LAND in the game world is 96 meters on a side, making it large enough to support a variety of blockchain-based gaming experiences without becoming unwieldy for a single player.
Estate: A collection of individual LANDS is called an ESTATE. This is where collaborative teams of creators can really shine, with the potential to make bigger and more immersive experiences for the internet as a whole.
The hub of The Sandbox’s metaverse is called LAND. They’ll let you make and play games, earn tokens, and run contests, among other cool features.
How Do Creators Make a Profit?
Create Voxel Assets: Create ASSETS in Voxedit, then transfer them to the Marketplace as NFTs.
Use the Game Maker to Create Your Own Games: Use the Game Maker to create and sell games and other interactive experiences based on your LANDS.
Own a Land: Put your money into one of our LANDs at one of our LAND Sales. Rent them out or fill them with content to make them more valuable.
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What is the Game Developers’ Fund?
In October of this year, two million dollars were set aside to launch the Game Maker Fund, which will provide selected creators with the resources they need to make, share, and sell incredible games on The Sandbox.
The Sandbox’s ecosystem is supported by the Foundation’s DAO, which is in charge of this Fund and its grant programs to promote the creation of high-quality content and games for The Sandbox.
The Foundation has funded the development of more than 15 video game projects, some of which, like those based on licenses from ATARI and Square Enix, are scheduled for release in 2021.
Each game the Foundation supports adds to the overall value of the metaverse, which in turn allows for the support of even more ambitious projects.
Supported by the Game Makers Fund, Creators can enjoy the following primary benefits:
- The Sandbox, one of the most anticipated online PC games of 2020 and the most anticipated blockchain game, will give your games free, prominent exposure.
- Never give up control of your games or the rights to them.
- Using the supplied voxel components and visual scripting, you may make your own games.
- Free land grants in the largest voxel game on the web Metaverse
- You can influence and reach out to a large and active group of producers and gamers.
- Our cryptocurrency SAND can help you make money off your content.
- Invest in our market to trade your digital goods.
- Help shape the future of online gaming by joining our Game Maker community.
Gems & Catalysts
It is the Gems and Catalysts tokens that will establish the value and rarity of the ASSETS (aka VoxEdit creations imported as NFTs in our Marketplace).
Catalysts
Catalysts are ERC-20 tokens that establish the value and scarcity of your ASSET on the Market. You can customize your NFTs with Gems by adding sockets to them with a Catalyst. The better the Catalyst, the more slots you’ll have. That is to say, the stronger and more precious an ASSET is, the lower its scarcity on that tier, and the higher it is.
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Frequently Asked Question
What Does Metaverse Sandbox Mean?
In 2018, developers created The Sandbox, a decentralized NFT game metaverse built on the Ethereum blockchain. Users without extensive technical knowledge may now develop, distribute, engage with, and profit from their own virtual reality NFTs thanks to the Sandbox.
Is Sandbox a Good Investment?
The Sandbox has a high potential to be a profitable investment over the long term. Our SAND prognosis predicts that the token’s price will climb steadily over the next several decades as the crypto community embraces the metaverse.
How Much Land is in the Sandbox?
The Sandbox’s virtual real estate, LAND, is a popular attraction. It’s the largest piece of metaverse platform real estate, accounting for 62% of all metaverse land. A LAND can be purchased for the equivalent of $2.80 in $SAND.
Final words
Funding: we just finished up a Seed Round in which we collected $4.21M USD. Additional funding was obtained through the latest Binance SAND IEO. LAND Since the presale began in December 2019, users have purchased plots of land in the virtual world game platform, with some presale rounds selling out in mere minutes and generating over $1 million in sales. The total value of The Sandbox metaverse is expected to exceed $20 million.
Team: We put together a top-tier group of experts to carry out our mission. Our three offices are spread throughout the globe, with 24 full-time employees in Argentina, 11 in France, 2 in Korea, and 1 in Japan. Our team is comprised of top-tier blockchain technologists, who co-authored the ERC-1155 NFT token standard, and professionals in the gaming industry from AAA studios.
Community: In excess of 15,000 users have already linked their wallets to the initiative. The series has over 750,000 Facebook, Discord, Telegram, and other social media followers. Our NFT generator, VoxEdit, has been downloaded over 80,000 times, and the 100 artists who are part of our Creator’s Fund have produced over 3,000 assets.
Smart Contracts: All of our smart contracts have been audited by Certik, a leader in security trusted by Binance, Upbit, Bithumb, etc., and are publicly available on Etherscan and Github. Our score of 93 out of 100 was among the highest in the business.
Korea Presence: It has a rising presence in Korea, with over a thousand active creators and members. SBS Seoul Game Academy is now an official partner (reaching out to 2,000 students on 8 campuses in Korea),
Japan Presence: The Presence of Japan We have begun working with Geekhash (a Japanese crypto-marketing agency that also represents Dapp.com), hosted two successful events (the Devcon5 Blockchain Game Meetup and the Tokyo Blockchain Games Meetup), and published several articles on our website and Medium blog. With 600 followers and 50,000 monthly impressions, Twitter was launched.
