Table of Contents
- Introduction.
- Key Features
- Ecosystem Composition
- What is a SAND token?
- Main applications
- How to obtain SAND
- Storage method
- Pricing and Market Trends
- SANDBOX Reputation
- How to start SANDBOX
- Latest News from The Sandbox (May 2024 up content)
- Related Link:
Introduction.
The Sandbox is a platform that allows users to create, share, and monetize their own digital experiences in a virtual world powered by blockchain technology. This innovative ecosystem enables a new form of digital economy in which everyone can participate: players, creators, artists, and game designers.
- market capitalization: Approximately $1.25 billion (OKX) (CoinCodex)。
- Estimated number of playersThe number of monthly active players is about 4,000 to 4,600.
Key Features
1. user generated content (UGC)
The Sandbox allows users to create their own content and publish it in the game. Users can easily create 3D objects and animations using a tool called VoxEdit. This allows them to give shape to their creative ideas and share them with other users.
2. virtual real estate (LAND)
The virtual world of The Sandbox contains digital real estate called LAND. Users can purchase LAND, place their own content, and collaborate with other users to create huge projects; ownership of LAND is guaranteed by blockchain technology, allowing for secure and transparent transactions.
3. play to earn (P2E)
The Sandbox uses a play-to-earn model. Users can earn SAND tokens by playing games, which can then be traded within the platform or exchanged with other users. This provides a new experience of earning while enjoying the game.
4. blockchain technology
The Sandbox is a platform based on the Ethereum blockchain. This guarantees users true ownership of their digital assets and ensures transparency and security of transactions. It also allows users to create and trade unique digital items and works of art using NFT (Non-Fiat Token) technology.
Ecosystem Composition
VoxEdit
VoxEdit is a powerful tool for users to create 3D objects and animations. The easy interface allows for complex designs. The created objects can be sold in the marketplace as NFTs.
What is a SAND token?
SAND is an ERC-20 token used for transactions and activities on The Sandbox platform. Its primary uses include the following
Main applications
- Intermediary in a Transaction:
- SAND is used to purchase assets (LAND, NFT, in-game items, etc.) in The Sandbox marketplace.
- staking:
- Users can earn interest and rewards by staking (depositing) SAND. This increases the security and stability of the network.
- governance:
- SAND token holders can participate in key decisions at The Sandbox. This allows them to influence the development direction of the platform and the introduction of new features through voting.
- reward:
- You will be rewarded with SAND tokens for your activities within The Sandbox (content creation, game play, event participation, etc.).
How to obtain SAND
- Buy on virtual currency exchanges:
- SAND can be purchased on major virtual currency exchanges (Binance, Coinbase, Huobi, etc.). Create an account on an exchange and purchase SAND.
- Activities within The Sandbox:
- You can earn SAND as a reward through content creation, event participation, and other activities within The Sandbox.
- The Sandbox
(SAND) - Price $0.591
- Market Cap
$1.44 B
Storage method
- wallet:
- SAND tokens can be stored in an ERC-20 compliant wallet such as MetaMask. Set up your wallet for secure storage.
Pricing and Market Trends
- The price of SAND fluctuates according to market demand and supply. It is important to keep an eye on pricing information and market trends; you can check the latest prices on virtual currency information sites such as CoinMarketCap and CoinGecko.
SAND tokens are the heart of The Sandbox ecosystem and are an important element in supporting activities within the virtual world. The use of virtual currencies involves risks and requires adequate information and understanding.
marketplace
The Sandbox's marketplace allows users to buy and sell NFT items they have created. This allows creators to monetize their creations, while other users can enjoy the fun of collecting unique content.
SANDBOX Reputation
The Sandbox is a user-driven metaverse platform based on the Ethereum blockchain, where games and art can be created and bought and sold as NFTs. The platform allows users to create their own games and items, which can then be bought and sold in the marketplace, making creative activities economically viable (Gensokishi Online) (COINCHECK)。
With regard to reputation, the following opinions have been expressed:
good reputation
- Attractiveness of user-generated contentUsers appreciate the fact that they can create their own games and items and share them with other users: tools such as Game Maker and VoxEdit make it easy to create 3D games and items without programming knowledge (Gensokishi Online)。
- commercial viabilityMany major companies (e.g. Square Enix, Avex Technologies) have entered the market, and various business opportunities are opening up, such as buying and selling land and organizing events (Gensokishi Online)。
- Community StrengthThe culture of cooperation and sharing among users is strong, and it is said that there is a sense of developing the platform together (Pacific Meta)。
unsavory rumor
- 技術的な問題: Some users have reported complaints that they do not receive rewards and that the avatar design lacks appeal. They also pointed out problems with scam emails (Pacific Meta)。
- Difficulty of use: There are also voices about problems with the alpha and beta versions and difficulties in setting up the system (Pacific Meta)。
About our own currency "SAND
Transactions within The Sandbox are made with "SAND" tokens, which are used to buy, sell, and trade land and items; SAND is also rewarded for staking (depositing), and users who contribute to the platform's development are rewarded with a variety of perks! (CoinMarketCap)。
Sohyo (General Council of Trade Unions of Japan)
The Sandbox is highly regarded as an innovative platform that makes creative activities economically feasible, but some technical issues and fraud risks should be noted. The platform is expected to develop further in the future through cooperation among users and the participation of major companies (COINCHECK) (CoinMarketCap)。
How to start SANDBOX
The Sandbox is a metaverse platform that allows users to purchase land, create and share content in a virtual world. Below are detailed instructions on how to get started with The Sandbox.
1. create an account
- Visit The Sandbox's official website.
- Click on "Sign In" in the upper right corner to create an account; you can create an account using a wallet such as MetaMask.
2. wallet setup
- Download and install a cryptocurrency wallet such as MetaMask.
- Set up a wallet and purchase or deposit ETH (Ethereum), which is used to purchase land within The Sandbox.
3. purchase of land (LAND)
- Access The Sandbox marketplace.
- Go to the "LAND" section to find land available for purchase.
- Select the land and proceed with the purchase process. ETH is required for purchase.
4. content creation with VoxEdit
- Download and install VoxEdit.
- Create voxel art (3D pixel art) using VoxEdit.
- You can upload the art you create to The Sandbox marketplace to share it with other users.
5. create a game using the Game Maker
- Download and install Game Maker.
- Use Game Maker to create games and interactive experiences on your land.
- You can share the games you create with other users and have them play them.
6. join the community
- Join The Sandbox's official Discord, Twitter, and other social media outlets to interact with other users.
- Check back for community events and updates to stay up-to-date.
Reference Links
This completes the basic steps on how to get started with The Sandbox. Have fun exploring the virtual world and creating creative content!
Conclusion.
The Sandbox is a platform that ushers in a new era of digital content. Packed with user-generated content, virtual real estate, play-to-earn, blockchain technology, and many other innovative elements, the possibilities are endless. For everyone who wants to give shape to their creative ideas and experience the new economy in the digital world, The Sandbox is the ideal place to be.
Latest News from The Sandbox (May 2024 up content)
Here is the latest news from The Sandbox.
New Initiatives for Creators
The Sandbox will introduce a new Game Maker Fund (GMF) model in 2024 to support creators. The fund will provide 1 million SAND (The Sandbox tokens) to creators, with the goal of further stimulating creator activity. A mobile version is also planned for release, with the goal of mass adoption of the Metaverse (Marketing-Interactive) (BlockchainGamerBiz)。
Partnerships and New Experiences
The Sandbox has partnered with a variety of brands and companies to offer new experiences. Most recently, a collaboration with the popular TV show "The Voice" was announced, allowing players to act as virtual celebrity coaches in the Metaverse and earn SAND tokens. We have also partnered with Drekom's "Eternal Crypt - Wizardry BC" and Thai entertainment company T&B Media Global to offer new games and experiences (BlockchainGamerBiz) (BlockchainGamerBiz)。
Regional Expansion and New Features
In 2024, The Sandbox will add nine new regions to the map, with plans for a movie-themed Cinerama LAND sale and over 50 avatar collections. New gameplay mechanics and social interaction templates will also be introduced to facilitate the creation of user generated content (UGC) (Marketing-Interactive)。
More News
The Sandbox has successfully expanded its Asian market with over 5 million registered wallets. In addition, new tools have been introduced to facilitate the creation and sharing of UGC, making it easier for users to launch their own collections (BlockchainGamerBiz) (BlockchainGamerBiz)。
For more information and the latest updates, please visit The Sandbox's official blog:The Sandbox Blog(The Sandbox)。
Related Link:
- Official Site: The Sandbox
- discover page: discover.sandbox.game
- Press page: press.sandbox.game
- Twitter: @TheSandboxGame