A Guide to The Sandbox
The metaverse is one of the many applications of blockchain technology. Digital asset ownership is one of the pillars of blockchain, which allows us to create entire self-sustaining economies in digital, virtual worlds.
This new paradigm spurred a lot of interest in the crypto community and skyrocketed metaverse-related tokens to the top. One of the leading metaverse gaming platforms is The Sandbox, an intricate 3D world that runs on blockchain tech, using tokens and NFTs. Its SAND tokens have been an excellent opportunity for investors that wish to convert SAND to ETH and make profits.
In this article, we explore The Sandbox metaverse and give a thorough overview of its features. Moreover, we will take a deep dive into its functionalities and economics, guiding you through all there is to know about the platform.
Build NFTs
The Sandbox is a blockchain-based metaverse that mainly relies on user-created content. Users of the platform have a variety of tools at their disposal to create voxel-type 3D objects and deploy them in the game. The VoxEdit software allows them to create, edit, and animate all the objects in the metaverse.
For instance, creators can design clothes for their avatars, monsters, weapons, and vehicles — almost everything can be created as an NFT and deployed in the metaverse.
Trade NFTs on the Marketplace
All of the user-created NFTs can be bought and sold for SAND tokens on the proprietary NFT marketplace of The Sandbox. Here, users can find all types of NFTs that others have put on sale and use them in their games.
This can range from simple accessories for their avatars, like hats or clothes, to the intricate monster and character designs that can be plugged into the gaming experiences on The Sandbox.
Create 3D Games
Thanks to the Game Maker software, users can create games for The Sandbox. They can either create their voxel models for their game or hire creators that will do it for them. The idea is to boost the participation of the community and provide content through collaboration.
Moreover, the game creator that comes with The Sandbox is very accessible even to those that don’t know how to code. Behaviors, rules, and attributes are very easy to get a grasp of, and one can release a proper, working 3D game in the metaverse within a couple of weeks.
The Currency Used
The Sandbox uses both fungible and non-fungible tokens on its platform. There are three major types of assets in the world that users will have to acquire if they want to interact with them:
- LAND. These NFTs represent parcels of land in the Sandbox 3D world. These come in finite numbers and are a rare commodity, which makes them highly valued in the community. The reason for the popularity of LAND as an asset is that only landowners can deploy gaming experiences on their pieces of real estate.
Moreover, LAND can be used to stake SAND tokens and get rare resources that allow creators to make unique and powerful game assets (characters, monsters, items, etc).
- SAND. This is the native token of the platform, and it’s used to purchase assets from the NFT marketplace. They can also be staked on LAND to gain rare ingredients.
- ASSETS. These are the NFT assets created by the community that can be plugged into the different gaming experiences.
The SAND token is an essential part of the Sandbox, as it allows you to access LAND and purchase NFTs to play the game.
Conclusion
The Sandbox is one of the most accomplished metaverse projects to date, miles ahead of the competition. It has a working model and strong Tokenomics, which shows that the team was looking at its long-term viability.
What’s more, multiple high-profile brands and celebrities have purchased LAND in the metaverse and are planning on deploying their experiences there. We could even see some crypto exchanges emerge within the world, where you will be able to exchange USDT to TRX in-game! As for now, you can use the tried-and-true method.
