When the world is thinking of shifting towards the Metaverse, there are various companies like The Sandbox and Decentraland that have already launched their Metaverse ideas. If you are a Sandbox fan then here we are with the post that will tell you What Sandbox is and how it works.
If you want to know about anything then it is necessary that you know how it works. The same is the case with the Sandbox Metaverse. If you want to know about What exactly is The Sandbox Metaverse then you need to dive into its history, its evolution as one of the Best NFT Marketplaces, and its uses.
Well, worry not, we have done all the research for you and gathered all the information. We are sure that the post given below will clear all your doubts about the Sandbox Metaverse. If you still have any doubt left then feel free to contact us in the comments section.
What Is The Sandbox
The Sandbox (Sand) is a Metaverse game owned by SoftBank, that lets the users buy and sell virtual property on its platform. The announcement of the VR universe by Facebook has given the popularity of the game a boast.
You can buy virtual land, purchase property, trade, and earn money on the Sandbox platform. To get access to all these functions in The Sandbox you need to purchase the cryptocurrency called SAND. Currently, you can buy the plots in the Virtual world present on the Sandbox platform and build your empire on it.
It is estimated that the value of the Sand crypto will rise in the near future. So, if you are looking for Metaverse Cryptocurrencies to invest in then it can be one of your options. Trading is not all that you can do on The Sandbox platform. You can also create your own play to earn Metaverse games on the platform.
If we look at the history of The Sandbox platform then it started as a mobile game in 2012. It gathered the true fan base that was used to create the digital assets on the platform. In 2017, the developers decided to give the game a new shape. They came up with the idea that the creators on The Sandbox Platform can now convert their art into the NFTs and earn money by selling them in the Sandbox Marketplace.
Well, you can call it a nice strategy to keep up the pace with the rapidly shifting world towards the Metaverse and NFTs.
How The Sandbox Works
Well, if you are a die-hard fan of the game or have just started to play the Metaverse game then I am sure you want to know the working of the Sandbox Metaverse. Well, let us tell you that the Sandbox is a virtual world in itself. So, it has got its own economy. To keep the economy of the Sandbox ecosystem stable the developers have introduced a few coins and tokens in the Metaverse.
Don’t worry we will be discussing all of them one by one below. But, before that let us have a look at the blockchain on which the Sandbox platform works.
The Sandbox Blockchain
As we told you that the Sandbox ecosystem world on tokens and coins and the introduction of the feature that allows the users to change their digital creation to NFTs have created a demand for blockchain on the platform.
In case you are new to the term Blockchain, then let us explain it to you in simple words. Blockchain is the database that stores the information about the crypto and the NFTs traded. It is just like a huge database that stores all the information about the transaction.
Coming to the Sandbox blockchain, it works on the Ethereum blockchain.
The Sandbox Tokens
As we told you that the virtual economy of the Sandbox ecosystem is defined by the token that is used on the platform. Well, we told you about the Sand crypto in the article above. But, there are a total of five types of tokens in the Sandbox tokens.
Given below is the list of the types of Sandbox tokens.
- SAND: The SAND token is the native currency of The Sandbox ecosystem that is built on the Ethereum blockchain.
- LANDS: There are a total of 166,464 lands on the Sandbox Metaverse which are the physical spaces in the ecosystem. These lands are owned by players that can monetize them or use them to create their own games.
- ASSETS: Assets are created by creators on Voxel which can be later traded in the metaverse marketplace after they are converted into ERC1155 tokens.
- GEMS: Gems are ERC20 utility tokens that define the attributes of assets.
- CATALYSTS: Catalysts are ERC20 utility tokens that define the scarcity and tier of assets.
Things To Do In The Sandbox
You must have got an idea about how the blockchain and the economy of the Sandbox works. Well, now let us move towards the things that a user can do in the Sandbox Metaverse.
Visit The Clubs: Well, if you are an introvert and don’t not like outings in the physical world then The Sandbox has opened its club gates for you. All you have to do is take your Avatar to the club and enjoy yourself in the club music. You can also drink in the club’s bar and meet with other people around.
Play Games: As we know, Sandbox is originally a game. So, you can play games like Dungeons Of Dum-Yz on the platform. There are various other games as well that the other creators have built. Many artists are focusing on building the Play to earn Metaverse games these days.
Visit The NFT Museum: The users have also created an NFT museum on the Sandbox. You can also visit the museum and see the NFTs displayed
How To Make Money In The Sandbox
If you think that you can only use the Sandbox platform as a user then you are wrong my friend. The Sandbox Platform offers various ways to make money from its platform.
Don’t believe us, check out the list on “How To Make Money In The Sandbox”.
Creating The Digital Assets And Selling It
The first and the most used method to make money from the Sandbox platform is by creating the digital assets and then selling them in the NFT marketplace.
To do so you need to download the tool, VoxEdit. The tool is free to download and use. You have to follow three basic steps to make any Digital asset on the VoxEdit.
Modeling: It refers to the framework of the model.
Animation: It refers to adding the animations to the framework created.
Exporting: After the NFT is finally ready you can export it to the Marketplace. The other users can buy the NFTs from the Sandbox Marketplace.
To know more about how to create NFTs on Sandbox, you can click on this link.
Publishing Your Own Game
You can also create your own game in the Sandbox Metaverse. All you have to do is download the Game Maker tool from the official Sandbox page. The tool will provide you with various features to create a game.
No, you don’t need to be a coding expert to build a game in the Sandbox universe. You can later publish this game on the land that you have bought or rented in the Sandbox metaverse. You can monetize the game for the other users in the Metaverse.
Renting Or Selling The Land
As we said that Sandbox is a virtual ecosystem, you can buy land in the Sandbox Metaverse. Well, the rate of the land is increasing day by day. One of the best suggestions is to buy the land now and then sell it when the prices are high.
There are only 166,464 land pieces in the Sandbox Metaverse. So, we have another suggestion for you as well. You can rent your land to someone who has not got the land.
Wrapping Up
We think that now you are clear with all the aspects and working of the Sandbox Metaverse. Well, if you want to read in detail about the titles mentioned above, you can click on the links provided along. We have also written individual posts regarding these topics.
If you think that we have missed out on any detail or if you have any queries left regarding the Sandbox Metaverse then do let us know in the comments section. We will be happy to hear from you.
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