🔔 Preface:

In early August, Aura Network joined The Sandbox Vietnam's ecosystem to explore the potential of NFTs and intellectual property (IP) in the metaverse. As a programmable abstraction layer for intellectual property, Aura Network aims to revolutionize the field of real-world assets (RWA). The network is built on the Cosmos SDK and uses the EVM and CosmWasm smart contract engine.

1️⃣ Project and background introduction:

The Sandbox is a virtual world game developed by Pixowl that combines blockchain technology to provide players with a decentralized creation and trading platform. Since its release in 2011, the project launched a new version in 2020 through the Ethereum blockchain, allowing players to freely explore, create and manage assets in the virtual world. Through blockchain technology, The Sandbox realizes the secure and transparent transaction of virtual assets.

2️⃣ Core features:

🔸 Decentralized Virtual World: The Sandbox provides an open virtual environment where players can freely create, own and manage virtual land and assets, ensuring full control over virtual assets.

🔸 User-generated content: Creation tools provided in the game, such as Voxel Editor and Game Maker, enable players to easily design and generate virtual items, enriching the content of the game world.

🔸 Virtual economic system: Blockchain technology ensures the security and transparency of virtual asset transactions. Players participate in the game economy by buying and selling virtual land and items, which promotes the development of the virtual economy.

🔸 Community-driven governance: Adopting the decentralized autonomous organization (DAO) model, token holders are able to participate in project decision-making through voting, which enhances transparency of governance and community participation.

3️⃣ $SAND Tokens:

The core token of The Sandbox is SAND, which has multiple functions. First, SAND tokens serve as the main transaction medium within the game. Players can use it to purchase virtual land, props and other assets, making the transaction process more efficient and transparent. Secondly, SAND tokens also serve as governance tokens, enabling holders to participate in the decision-making process of the project, including voting to propose suggestions on the direction of the game and important changes. Finally, SAND tokens are part of the reward mechanism. Players earn tokens by completing tasks or creating content, thereby incentivizing them to actively participate in the game and contribute high-quality content.

4️⃣ Ecosystem:

● Virtual Land (LAND): Players can buy, sell or lease virtual land to create and display virtual assets on it.

● Creation tools: Tools such as Voxel Editor and Game Maker help players design virtual assets and simplify the creation process.

● Marketplace: Players can buy and sell virtual assets in the market to promote the game economy.

● Collaboration and Community: Collaborations with brands and artists introduce rich content and opportunities, increasing the diversity and impact of the game.

🎯 Summary:

The Sandbox provides players with a unique creation and trading experience through a decentralized virtual world and innovative blockchain technology. The multiple functions of the SAND token not only simplify the transaction process, but also support the governance and reward mechanism of the project. The platform demonstrates the application potential of blockchain in the virtual world and provides a new perspective for the future development of digital interactions and economic models.

This article does not constitute any investment advice! Investors need to carefully assess risks and market performance!#DYOR

🤝 Thank you everyone！