Carefully! Lots of text.
Sandbox is a play-to-earn game that combines blockchain technology, DeFi and NFTs in a 3D metaverse. The virtual world allows players to create their own games and digital assets using free tools. The created virtual goods can then be monetized as NFTs and sold for SAND tokens on The Sandbox Marketplace.
The SAND token is the native token of The Sandbox. It is used to conduct all transactions and in-game interactions. SAND can be earned by playing The Sandbox and participating in competitions, as well as by purchasing on cryptocurrency exchanges such as Binance.
Introduction
The gaming industry is investing a lot of resources in implementing its projects on the blockchain, especially in creating metaverses to improve the gaming experience. Since Facebook's rebranding to Meta in October 2021, the popularity of metaverse games has skyrocketed. Blockchain metaverses offer new ways for players to interact and own digital assets in-game. The Sandbox is one of the most popular blockchain gaming projects, offering players a unique experience in a virtual environment. The game unleashes players' creativity and allows them to contribute by creating in-game items and virtual lands in the form of non-fungible tokens (NFTs).
What is The Sandbox (SAND)?
The Sandbox is a blockchain-based play-to-earn game that allows players to create a virtual world using non-fungible tokens (NFTs) on the Ethereum blockchain. Players can create their own avatars and use them to explore the game worlds and metaverse of The Sandbox. The game can also be thought of as a DeFi version of Minecraft on the blockchain.
Released by Pixowl in 2011, The Sandbox was originally created as a mobile gaming platform to compete with Minecraft. With over 40 million downloads worldwide, The Sandbox has become a smash hit. However, in 2018, co-founders Arthur Madrid and Sebastien Borget became interested in the potential of a 3D metaverse on the blockchain. Their goal was to allow players to truly own their creations as NFTs and earn rewards within the ecosystem. The new project was released in 2020, and The Sandbox became one of the fastest growing games in the cryptocurrency world - along with Axie Infinity and Decentraland.
In November 2021, Sandbox raised US$93 million in funding from investors led by Japanese mobile giant SoftBank. Plus more than 50 partners, including Atari, the famous gaming company, CryptoKitties, The Walking Dead and hip-hop star Snoop Dogg.
Image from The Sandbox
How does The Sandbox work?
The Sandbox is a dynamic virtual world created by users. Players can issue their own NFTs, create avatars, virtual goods and even games using VoxEdit and Game Maker. Virtual goods are used not only to interact with other players, but also to monetize NFTs, as well as trade on the Sandbox Marketplace.
VoxEdit
VoxEdit is user-friendly software for creatives and gamers to create, promote and animate voxel NFTs. Voxels are three-dimensional pixels that resemble Lego blocks. You can edit them and give them different shapes using VoxEdit. Users can create various items for their avatars, such as clothing or weapons, as well as animals, plants, gaming tools and interaction items in The Sandbox. The created virtual goods can then be monetized as NFTs and sold on The Sandbox Marketplace.
Image from The Sandbox
Game Maker
Game Maker allows users to create and test their 3D games in the Sandbox metaverse. This is a fairly simple program that does not require special programming knowledge to work with. Users can edit various items and NFTs created using VoxEdit in an environment called LAND. For example, they can edit the environment, place characters and buildings, and complete quests from the community library. Players can also share their creations with the Sandbox community.
Image from The Sandbox
The Sandbox Marketplace
Launched in April 2021, The Sandbox Marketplace is an NFT marketplace where users can trade in-game assets (ASSETS) using the SAND token, Sandbox's native cryptocurrency. Purchased ASSETS can then be added to LAND using Game Maker to create your own games. These NFTs represent objects, buildings, accessories and other items that can be used in The Sandbox.
As mentioned, The Sandbox uses several different tokens for players to interact with the platform. These include SAND, LAND and ASSETS.
What is Sandbox (SAND)?
Sandbox (SAND) is the native token of The Sandbox. It is an ERC-20 token with a total supply of 3 billion.
As a utility token, SAND is used to perform all types of transactions and interactions in the Sandbox ecosystem. This means that in order to play, create avatars, purchase LAND, and trade ASSETS on the Sandbox Marketplace, players will need to purchase a SAND token. SAND is also a governance token. SAND holders can vote on changes to the platform through a decentralized autonomous organization (DAO).
In addition, holders can stake SAND and receive rewards as well as a share of the proceeds from all transactions in SAND tokens. Staking the SAND token can increase the chances of finding valuable in-game resources GEM and CATALYST, which are used to create rare ASSETS.
SAND can be earned by playing The Sandbox and participating in competitions, as well as through purchases on cryptocurrency exchanges such as Binance.
What is ASSETS?
ASSETS are user-created NFTs. They are voxel assets created using VoxEdit, which are then uploaded to The Sandbox Marketplace and converted into NFTs for sale.
ASSETS can be used in different ways in the game. They are usually objects in the environment - buildings, animals or machines. They can also be attached to the avatar in the form of clothing or weapons. Game developers at Game Maker use ASSETS to create unique gaming experiences.
What is LAND?
LAND are digital real estate elements on the Sandbox platform. They are ERC-721 tokens issued on the Ethereum blockchain. Players can purchase LANDs and create their own versions of games using ASSETS and the Game Maker tool, and combine multiple LANDs to create ESTATEs with a maximum size of 24 by 24.
LANDs allow players to monetize their gaming experience. For example, they can charge other players to visit their lands and play their games, earn rewards in SAND by posting content and hosting events, and sell or rent out LAND.
The total supply of LAND tokens in The Sandbox is 166,464. They can be purchased with SAND and Ether (ETH) through the LAND public sale. A list of confirmed public sales with dates can be viewed in the Gitbook Sandbox. Alternatively, you can buy LAND from other users on the Sandbox Marketplace and NFT platforms such as OpenSea, but prices are often higher than official public sales.
Image from The Sandbox
How to buy SAND on Binance?
You can also buy SAND on a cryptocurrency exchange such as Binance.
1. Log into your Binance account, open the [Trading] tab in the top bar and select the classic or advanced interface. Our example uses the [Classic] interface.
2. On the right side of the screen, enter “SAND” in the search bar and you will see the available trading pairs. We will use SAND/BUSD as an example. Click on it to open the trading page.
3. Go to the [Spot] tab and enter the amount of SAND you want to purchase. You can choose different types of orders to buy SAND (for example, market order). Click [Buy SAND] to place an order and the purchased coins will be transferred to your spot wallet.
Summary
The Sandbox is a user-generated content creation platform that allows players to contribute to the metaverse. Unlike other popular money-making games, The Sandbox does not have a ready-made game world. It takes a flexible approach to customization using free and convenient tools. User content can also be monetized as NFTs or used to enhance the gaming experience.
