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Abstract
"The Sandbox" is a game that earns money while playing. It integrates blockchain technology and decentralized finance (DeFi) in the 3D metaverse. ) and NFT. In this virtual world, players can build their own games and customize games and digital assets using free design tools. Virtual goods created by players can be monetized into NFTs and sold for SAND tokens in The Sandbox market.
SAND token is the native token of "The Sandbox". It is the basis for all transactions and interactions in the game. SAND can be earned by playing games and participating in competitions in The Sandbox, or purchased on cryptocurrency exchanges such as Binance.
Introduction
The game industry is increasing investment in resources and putting more projects into the blockchain. Creating a metaverse to improve gaming experience is a hot topic right now. In October 2021, Facebook changed its name to "Meta", and the popularity of Metaverse games has surged. The Metaverse in the blockchain changes the way users interact and redefines the ownership of in-game digital assets. "The Sandbox" is one of the most popular blockchain game projects, creating a unique virtual experience for players. In the game, players can contribute to game items and virtual lands. All assets are in the form of non-fungible tokens (NFT), allowing players to unleash their creativity.
What is "The Sandbox"?
"The Sandbox" is a earn-while-playing blockchain game. Players can use non-fungible tokens (NFT) to create a virtual world in the Ethereum blockchain. Players can design their own avatars and enter different games, environments and gathering places in the metaverse of "The Sandbox". You can think of this game as the DeFi version of Minecraft on the blockchain.
"The Sandbox" was launched by Pixowl in 2011. It was initially just a mobile game platform, hoping to compete with "Minecraft". Later, it gradually developed into a popular project, with more than 40 million downloads worldwide. In 2018, co-founders Arthur Madrid and Sebastien Borget decided to enter the blockchain and try to build a 3D metaverse. They hope to allow users to truly own original NFTs and earn rewards while exploring the ecosystem. The brand new "The Sandbox" project was released in 2020, joining "Axie Infinity" and "Decentraland" to become the fastest growing game in the cryptocurrency field.
In November 2021, investors led by Japanese mobile communications giant SoftBank invested US$93 million in "The Sandbox". The game has attracted more than 50 partners, including the well-known game company Atari, "CryptoKitties", the American TV series "The Walking Dead" and hip-hop superstar Snoop Dogg.
Picture from "The Sandbox" website
How does "The Sandbox" work?
"The Sandbox" is a dynamic virtual world that builds a stage for users to express their creativity. Players can use VoxEdit and Game Maker to create exclusive NFTs, including avatars, virtual items and even games. In addition to using virtual items to interact with other players, players can also monetize these NFTs by trading them on the Sandbox Market.
VoxEdit
VoxEdit is a convenient and fast software for artists and players to create and control body-based Create an NFT of an element and edit it into an animation. Voxels are square 3D pixels similar to Lego that can be quickly edited and molded into different shapes in VoxEdit. For example, users can create equipment (such as clothing or weapons) to arm their avatar, or design animals, plants, game tools, and items for use in The Sandbox. These virtual items can be exported and traded in the Sandbox market in the form of NFTs.
Picture from "The Sandbox" website
Game Maker
Game Maker allows users to create and test original 3D games in the "The Sandbox" metaverse. The program is very simple and requires no coding knowledge. Users can design and organize different elements and objects in an environment called "LAND", including making NFTs using VoxEdit. For example, you can edit terrain, place characters and buildings, and plan related missions from a community-developed resource library. In addition, players can share their personal creations in The Sandbox community.
Picture from "The Sandbox" Website
"The Sandbox" Market
"The Sandbox" Market will be released in April 2021. In this NFT market, users can trade in-game assets (ASSETS) using SAND, the game’s native cryptocurrency. Use Game Maker to integrate earned ASSETS into LAND to create a unique game. These NFTs can be entities, buildings, clothing, etc., and can all be used in "The Sandbox".
As mentioned above, "The Sandbox" uses a variety of tokens in the ecosystem for players to interact with the platform, including 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 can be used for any type of transaction and interaction within the "The Sandbox" ecosystem. Therefore, players must hold SAND to play games, customize avatars, purchase LAND, or trade ASSETS in the Sandbox Market. SAND is also a governance token. SAND holders can make suggestions and vote on platform updates through the decentralized autonomous organization (DAO) structure.
In addition, holders can stake SAND within the game to earn rewards, including a share of the revenue from all SAND token transactions. The most important thing is that staking SAND can increase the probability of finding precious GEM and CATALYST, and create ASSETS with higher scarcity.
SAND can be obtained by playing different games and participating in competitions in "The Sandbox", or purchased on cryptocurrency exchanges such as Binance.
What is ASSETS?
ASSETS are NFTs made by users. They are voxels created through VoxEdit, then uploaded to the Sandbox market and converted into NFTs for sale.
ASSETS can be used in games in different ways. Uses include environmental assets (such as buildings, movable animals, or cars), and can also be attached to avatars as clothing or weapons. Users who create games in Game Maker can design ASSETS to create a unique gaming experience.
What is LAND?
LAND is the digital real estate of the "The Sandbox" platform. It is a unique ERC-721 token in the Ethereum blockchain. Players can use the Game Maker tool to purchase LAND, put ASSETS into it, and create exclusive games. Players can also merge multiple LANDs to form a real estate with a maximum size of 24x24.
LAND allows players to monetize their gaming experience. For example, players can charge players for visiting their LAND or playing their games, earn SAND rewards by providing content and hosting events, or sell or rent their customized LAND.
"The Sandbox" has a total of 166,464 LANDs. During the public sale event, players can purchase LAND using SAND and Ethereum (ETH). You can find a list of confirmed public sales and dates in the Sandboxgitbook. In addition, you can also visit "The Sandbox" market and NFT platforms such as OpenSea to purchase LAND from other users, but the price may be higher than the official public selling price.
"The Sandbox" website screenshot
How to buy SAND on Binance?
You can buy SAND on cryptocurrency exchanges such as Binance.
1. Log in to your personal Binance account, click [Trading] on the top bar, and select the classic or advanced trading page. In this tutorial, we choose [Classic].
2. Enter "SAND" in the search bar on the right side of the screen to view a list of available SAND trading pairs. Let's take SAND/BUSD as an example. Click "SAND/BUSD" to open the transaction page.
3. Scroll down to the [Spot] area and enter the amount of SAND you wish to buy. You can purchase SAND through different order types (such as market orders). Click [Buy SAND] to place an order. The purchased SAND will be deposited into the spot wallet.
Summary
"The Sandbox" is an original content platform that supports users to create exclusive Content, contributing to the metaverse. Unlike other popular earn-while-playing games, "The Sandbox" does not have a pre-set game world. Instead, it adopts a flexible and diverse mechanism that allows users to customize everything through simple and convenient free tools. In addition, original content can be monetized in the form of NFT or used to optimize game experience.