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The Sandbox

The Sandbox

by Animoca brands(Jan 27, 2022)
Rank #26
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The Sandbox price floor and sales live data

The Sandbox is an NFT collectible created by Animoca brands that was released on 1-27-2022. The project consists of 121,915 unique digital items living on the Ethereum blockchain. We categorize it as a gaming project and it's part of the Animoca brands general collection.

What is The Sandbox metaverse?

The Sandbox, an Ethereum-based decentralized gaming metaverse, allows users to create, sell and monetize their own virtual reality NFTs. Pixowl, the developer behind the popular mobile games The Sandbox and The Sandbox Evolution, which together generated 40 million downloads across iOS and Android, is the creator of this platform. So, this is the reason behind Sandbox's release date, 15 May 2012, a few years before the Ethereum launch.

The goal of the team at Pixowl was to bring their successful user-generated content gaming IP and a large community of creators to the blockchain ecosystem, and disrupt existing game makers like Minecraft and Roblox by providing creators with true ownership of their creations as NFTs and rewarding them for their participation in the ecosystem.

The Sandbox ecosystem is powered by its own native token, SAND, which is used to underpin the entire in-game economy. If you still ask yourself, what is the sandbox metaverse, let’s begin to understand it. The ecosystem includes three integrated products and services that facilitate user-generated content creation: VoxEdit, a program for creating NFT game assets A marketplace, for selling and buying NFTs A Game Maker, that allows players to build their own game experiences without the need to know how to code

So far, we started to define, what is Sandbox metaverse. However, is important to know The Sandbox NFT game is distinct from other crypto metaverse projects because its user-generated content ecosystem makes contributing to the metaverse a simple and intuitive task for players without any coding skills. The Sandbox is a revolutionary platform that empowers its users to unleash their creativity and imagination while providing them with the ability to monetize their creations.

Now, you may wonder how does Sandbox work? If we dig into the three components of the Sandbox Metaverse, you will understand it easily.

VoxEdit, the Sandbox NFT creation tool

If you dream of creating NFTs, with a unique design, in an entertaining and simple way, this is your place. VoxEdit is a versatile, free 3D voxel modelling and NFT creation tool for PC/Mac that empowers users to design and animate a wide variety of 3D objects, including humans, animals, vehicles, foliage, tools, and items. The software utilizes voxels, which are square 3D pixels similar to building blocks, to make it easy for users to craft stunning creations. After objects are created, they can be exported from VoxEdit into The Sandbox Marketplace to become NFT game assets. Beyond the excellent graphic quality, its users highlight the ease of use that VoxEdit provides. It is undoubtedly the starting point for users who want to get fully involved in this vibrant metaverse. I think that now, we can answer the famous question of what is Sandbox NFT.

The Sandbox NFT Marketplace

The Sandbox NFT marketplace is where this metaverse economy lives. On this platform, creators upload, publish and sell their NFTs, which were first created on VoxEdit. These creations are initially stored on an IPFS network, which provides decentralized storage, and then registered onto the blockchain to confirm ownership. Once this process is completed, the creations become assets that can be sold through the marketplace, where potential buyers can be found. The circle of The Sandbox begins to come complete. The path is set from the beginning. You can become an NFT creator and you already have a place to sell them. Now, the last element of this ecosystem remains, where the metaverse really comes to life and the NFTs created with VoxEdit or purchased from the Marketplace can achieve their full potential.

The Sandbox Game Maker

Finally, we arrive at the place where the magic happens. The Sandbox Game Maker is an easy-to-use tool that allows anyone to create beautiful 3D games without the need to code. It provides simple visual scripting tools that enable users to create immersive 3D games in a matter of minutes. With this Sand Box Game Maker, users can contribute to the vast and diverse metaverse, filled with a wide range of interactive creations and experiences. Those who create The Sand Box know the reality: programmers represent a minimal portion of society. Beyond the versatility that their skills give them, it is necessary to open the game to all users who wish to play it. Through their Sand Box Game Maker, they have achieved this. All those who wish to create their own 3D game, where the NFTs of The Sandbox come to life, can do it without writing a line of code.

The Sandbox metaverse tokens

The metaverse Sandbox economy has several types of tokens, each with a diverse and particular role. Together they give life to a vast ecosystem ranging from players, to creators, curators and even landowners. Now, let's take a look at the three main tokens in this game and find out what they are all about.

  • SAND: is nothing else that the Sandbox crypto. An ERC-20 token that is the foundation of all transactions and interactions within The Sandbox ecosystem and, of course, as a governance token.
  • LAND: a unique digital property in the Sandbox metaverse that players can buy to build their own games, assets, and interactive experiences. Each LAND is, as you may imagine, an NFT created on the Ethereum blockchain under the ERC-721 standard.
  • ASSETS: these are the tokens created by players that, we were talking about before. They are used to build/assemble user-generated content, known by the acronym UGC. These are, also, the token that users can trade on the Sandbox NFT Marketplace. They are built with the ERC-1155 standard, a fact that gives them more flexibility and gas efficiency compared to those built with ERC-721. Their main function is to be used as building elements in The Sandbox Crypto Game Maker.

Now, we have the complete picture of how does Sandbox work, let’s some information about what is Sandbox's crypto price.

The sandbox NFT price

When something is rare, it becomes all the more valuable. The reason? Scarcity. The Sandbox is composed of a fixed number of 166,464 LAND, and there will never be any additional LAND minted. This limited quantity makes each LAND a one-of-a-kind and precious asset.

These definitions are put into practice by the metaverse of The Sandbox. To give you an idea, the Sandbox's LAND minting events take place in what are called "waves". The third wave, held in mid-December 2022, in the middle of the Bear Market, raised a whopping $1.66M for The Sandbox. The scarcity of The Sanbox's LAND obviously has an impact on its price, and if the market is supportive, we will see very happy owners of this metaverse. Another fun fact about The Sandbox’s LAND is that a user paid $450,000 to be Snoop Dogg’s metaverse neighbour. It is a matter of being attentive and being able to participate in the waves that will take place in 2023.

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