3
min read

What is The Sandbox (SAND)

Written by
Kellogg
Published on
Jun 8, 2023

The Sandbox (SAND) is a virtual world where players can build and monetize their gaming experiences on the Ethereum blockchain. The game operates on the concept of a metaverse – a shared virtual universe where users can explore, play games, and interact with each other in real-time. It is a decentralized platform that enables players to own and trade their virtual assets, making it quite different from traditional game experiences.

How Does The Sandbox Work?

At the heart of The Sandbox game are LANDs, which are virtual spaces that can be bought, sold, and owned by users on the Ethereum blockchain. Each LAND measures 96m x 96m and is represented as an ERC-721 non-fungible token. Users can create anything they want on their LAND, such as buildings, games, and experiences. The potential for creativity and innovation is infinite since users have full control over their virtual real estate.

The SAND Token

The Sandbox uses the SAND token as the primary currency for all transactions within the game ecosystem. The SAND token is an ERC-20 token that can be used to buy LAND, pay for creation tools, and exchange for other cryptocurrencies or fiat. It has a total supply of 3,000,000,000 tokens and a circulating supply of 774,620,686 tokens at the time of writing. Holders of SAND can use it to participate in governance by voting on proposals and deciding on the future direction of the game.

The Sandbox Partnerships

One of the significant advantages of The Sandbox is its wide range of partnerships with leading blockchain and gaming companies. The Sandbox has partnered with Atari, allowing users to create and play games featuring classic Atari characters. Additionally, The Sandbox has collaborated with Square Enix, which is famous for producing popular games like Final Fantasy and Tomb Raider. The partnership will allow Square Enix to create and operate a virtual world that leverages The Sandbox technology.

Conclusion

The Sandbox is revolutionizing the gaming industry by providing a decentralized platform that offers players full ownership and control over their virtual assets. It provides a metaverse that allows users to create and monetize their gaming experiences, thereby providing a new level of creativity and innovation in the gaming industry. With its partnerships with top gaming companies, The Sandbox is undoubtedly poised to be one of the leading blockchain-based games in the future.

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