Sandbox (SAND) is a play-to-earn blockchain game that allows users to create a virtual world using non-fungible tokens (NFTs) on the Ethereum blockchain. Participants can create their own avatars to explore the game worlds and metaverse of Sandbox.
An updated version of Sandbox, created around this concept, appeared in 2020 and quickly became one of the most successful cryptocurrency games, on par with projects like Axie Infinity and Decentraland.
In November 2021, the developer raised $93 million in investment in the project. The investment was led by Japanese mobile giant SoftBank, which was joined by more than 50 other partners. Among them are well-known brands: Atari, the creators of CryptoKitties, the developers of The Walking Dead series, as well as rapper Snoop Dogg.
Main features of the platform
Sandbox is an immersive virtual world created by users themselves. Platform members can develop their own NFTs, model avatars, digital goods, and even their own games using VoxEdit and Game Maker tools.
What is SAND?
Sandbox (SAND) is the native token of the Sandbox platform. It is an ERC-20 token with a total issued quantity of 3 billion units. As a utility token, SAND is used to carry out all types of transactions and interactions in the Sandbox ecosystem. That is, to participate in the game, create avatars, buy LAND and trade ASSETS on the Sandbox Marketplace, users must purchase a SAND token.
Additionally, SAND acts as a governance token, giving its holders a voice in changes made to the platform through a decentralized autonomous organization (DAO).
SAND holders have the opportunity to stake the token and receive rewards. A portion of the revenue from all SAND token transactions is distributed among staking users. This process increases the chances of obtaining rare in-game resources GEM and CATALYST, which are used to create unique ASSETS.
What is LAND?
LANDs are digital assets that represent real estate in the Sandbox world. Each LAND is an ERC-721 token built on the Ethereum blockchain. Players can purchase LANDs and create their own games using ASSETS and the Game Maker tool. Multiple LANDs can also be combined to form an ESTATE with a maximum area of 24 by 24 cells.
LAND opens up a multitude of monetization opportunities. Users can charge other members to visit their lands and play the games they have created. You can also earn SAND by publishing content and organizing various events, or by selling and renting out LAND.
The total number of LAND tokens in Sandbox is limited to 166,464 units. They can be purchased for SAND tokens or ether (ETH) during official public sales. A detailed sales schedule can be found on the Sandbox Gitbook platform. Otherwise, LAND can be purchased on the secondary market through the Sandbox Marketplace or other NFT platforms. However, it should be noted that land prices on such platforms are often higher than in official sales.
How do I start using The Sandbox?
Let’s walk through the process of creating an account, downloading the game, and logging into the Sandbox metaverse. It’s a simple and straightforward process, even for blockchain newcomers.
First of all, you need to register on the official Sandbox website. To do this, you will need a cryptocurrency wallet. If you don’t have one, don’t worry — it is needed to interact with the SAND ecosystem tokens and NFTs.
The easiest way to create a wallet is to use MetaMask.
Registration via wallet
First you need to choose a wallet.
Next, confirm your registration by filling in all the required fields to complete the process.
We recommend using this method because a cryptocurrency wallet gives you true ownership of the assets on the platform.
Fill in all fields to complete registration.
How to create a character?
The next step is to create a character. You can use ready-made models or customize the appearance to your liking. Sandbox has several options for customizing your character: change facial features, eye color, body shape, and clothing.
Creating a character is a simple and flexible process, and you can later change the appearance or create a new character if you want.
Verification and profile settings
We recommend that you complete KYC verification in your profile settings. This is a standard procedure that is common among many crypto projects and serves to protect you by preventing fraud.
Login to settings and KYC verification
Next, you need to download the official game client from the website. After installation, simply log in using your username and password.
KYC verification
Now you will be presented with a map of the metaverse, consisting of areas. All of these areas are created by users, which perfectly demonstrates the community of this platform. Choose any area that catches your eye and immerse yourself in the fascinating world of Sandbox.
Now you are ready to discover all the greatness of the gameplay in this virtual universe!
How to make money in The Sandbox?
Anyone can join the metaverse and download the game for free. The VoxEdit and Game Maker platforms are also available for free use. In addition, the Play To Earn mechanic allows players to not only enjoy the game, but also earn money directly in the metaverse.
Ways to earn money in Sandbox:
- Receive SAND tokens for activity in game seasons.
- Create and monetize games through Game Maker.
- Develop objects in VoxEdit and sell them on the trading platform.
- Earn money from staking and farming NFTs.
- Buy land (LAND) and receive passive income.
The latter method is one of the most attractive for most users and at the same time the simplest. For example, you can buy a plot of land and rent it out for tokens. Another option is to create a location on your land, organize events, hold games and earn money from it.
Alpha seasons in Sandbox
The Sandbox also hosts Alpha Seasons, monthly events that allow players to earn SAND tokens and NFTs for active participation in the games. These seasons also help to better immerse players in the social life of the metaverse.
Through these seasonal events, players can not only receive rewards, but also become part of a deeper and more engaging community, stimulating interest and engagement in the platform.
Investing in SAND
SAND is the core token of the Sandbox ecosystem and operates on the Ethereum and Polygon networks. Users can trade SAND as an asset, use it within the metaverse, or participate in project governance through voting. The total number of tokens that can be issued is 3 billion.
How to get SAND:
- Purchase the SAND token on cryptocurrency exchanges such as Binance.
- Buy SAND using a bank card through the Simplex service.
- Get SAND through participation in “The Sandbox Ambassador” program.
- Earn SAND tokens directly in the metaverse.
SAND has several important gaming applications in the metaverse. One of the main ones is the creation of NFT assets. Users can create their own objects or games, converting them into NFTs before listing them on the trading platform.
Application of SAND:
- Character customization, leveling up, or using tokens within games.
- Staking SAND to generate passive income or increase the number of gems and crystals.
- Creating higher-level content through the use of SAND.
The SAND token serves as the primary tool for interacting with the metaworld, allowing players to enjoy a variety of gaming features and effectively manage their digital assets.
Buying and selling NFTs
Sandbox is built on the Ethereum network, so all items, games, or land plots created as NFTs are stored on the blockchain.
Steps to purchase NFTs in Sandbox:
- Create an account or log in to an existing one.
- Make sure you have a crypto wallet connected to your account.
- Go to the official Sandbox trading platform.
- To purchase an NFT, you will need SAND tokens, and to pay fees, you will need ETH.
- Select the NFT you want to purchase on the trading platform.
- Prices for all NFTs are listed in SAND tokens.
- Each NFT has a page with detailed information.
- Once you have made your choice, proceed to purchase.
- Confirm the transaction in your crypto wallet to complete the process.
- Your NFT will appear in your wallet after the transaction is successfully completed.
Now you have the option to resell your NFT or use it within the metaverse.
Advantages and disadvantages of the Sandbox platform
Sandbox (SAND) has seen significant growth over the past few months, maintaining its position as one of the potential leaders in the cryptocurrency market. With a market cap exceeding $2 billion, SAND demonstrates its significant utility in the blockchain gaming space, opening up huge benefits for investors:
- 2000x Leverage: Unlocking Maximum Potential Profits. Leverage is a powerful tool in the cryptocurrency market that allows traders to control larger positions using only a fraction of their own funds.
- High Liquidity: Seamless trading in volatile markets. Liquidity in the cryptocurrency market determines how easily an asset such as SAND can be exchanged for cash or other cryptocurrencies without significantly impacting its price. High liquidity is crucial for efficient trade execution, reducing the impact on order execution and minimizing costs.
- Low fees. CoinUnited.io stands out among cryptocurrency exchanges with low fees, which range from 0.05% to 0.2%, and sometimes may even be absent.
Main disadvantages:
- Economic limitations. Although the SAND token is available on a number of exchanges, it is not a fully-fledged cryptocurrency or even a digital asset.
- Limited target audience. This drawback directly follows from the previous one. Since the rights and opportunities available to SAND owners are limited to creating and using content in the game, the token is of interest mainly to gamers and game developers.
- Decentralization. Due to the developers’ use of pre-mining, the question of how SAND transactions are processed on the platform remains unclear.
Only time will tell how successful the Sandbox project will be among gamers, aspiring developers, and game designers.
How to protect your wallet from being broken into?
Knowing the right methods to protect your crypto assets can significantly reduce the risk of them being stolen. There are several ways to keep your funds safe.
- Do not keep all your money in one wallet.
- Use a separate device.
- Have a backup.
- Use a complex password.
- Two-factor authentication through a special service.
- Multi-signature.
- Reliable storage of devices.
- Do not leave your wallet details on your website.
Implementing these methods will help ensure reliable protection of cryptocurrency assets from potential threats and provide the maximum level of security for users.
What are the future prospects for the platform?
Sandbox positions itself as a leader in the blockchain gaming and metaverse industry, providing users with a platform where creativity and monetization are harmoniously combined. An overview of the development prospects of this project allows us to highlight several key areas that will contribute to the further expansion of the universe and the opening of new opportunities for users.
- Technological development and integration. The Sandbox’s future progress depends on technological innovations, particularly in the areas of virtual and augmented reality. The introduction of these technologies promises to transform the user experience, providing a deeper and more realistic immersion in the metaverse.
- Blockchain and Sustainability. Introducing Scaling Solutions: Polygon (MATIC), aims to improve platform performance and reduce its environmental impact.
- Expanding content and partnerships. The Sandbox metaverse will continue to expand through new strategic partnerships with well-known brands, artists, and celebrities.
- Gameplay Innovations: Content creation tools Game Maker and VoxEdit will continue to improve, offering developers even more opportunities to create unique worlds and games.
Through these initiatives, Sandbox strengthens its position in the world of blockchain games and the metaverse, offering users unprecedented opportunities to create, develop and monetize their ideas. In the future, the project promises to break down the boundaries between the virtual and real worlds, opening up new horizons for innovation.
