In the Ethereum blockchain, the Sandbox is a virtual world where users may create, own, and monetize their game experiences.

The Sandbox is best known for its two big mobile successes, The Sandbox (2011) and The Sandbox Evolution (2016), which together have had over 40 million downloads on iOS and Android. Pixowl, a mobile game developer/publisher, opted to transfer its popular User Generated Content gaming IP and big community of artists to the blockchain environment in 2018. The idea is to disrupt incumbent game developers such as Minecraft and Roblox by giving creators actual ownership of their work in the form of non-fungible tokens (NFTs) and rewarding them for their contributions to the ecosystem.

An Ecosystem of User-Generated Content

The Sandbox blockchain gaming platform is made up of three products that work together to deliver a complete user-generated content (UGC) creation experience. Users will profit even more from the merged goods since they will be able to ensure copyright ownership for their user-created material using blockchain and smart contracts.

VoxEdit is a free 3D voxel modeling and NFT creation application for PC/Mac that lets users design and animate 3D things including people, animals, cars, greenery, tools, and stuff. Voxels, which are square 3D pixels that look like building blocks, may be edited using VoxEdit to achieve stunning results rapidly. Objects may be exported from VoxEdit into The Sandbox marketplace to become NFT game ASSETS after they’ve been produced.

Users may upload, publish, and sell their VoxEdit-created NFT creations on the Sandbox’s NFT marketplace. To offer decentralized storage, creations are first uploaded to an IPFS network, and then registered into the blockchain to verify ownership. Once this is done, creations become ASSETS that may be sold by posting a first sale offer on the marketplace for interested purchasers to acquire.

The Sandbox Game Maker is a free tool that enables anybody to create fantastic 3D games. Accessible visual scripting tools eliminate the need for coding, allowing you to build spectacular 3D games in minutes. Creators like you help to build a large metaverse full of incredible interactive creations and experiences.

A Blockchain-based gaming platform

To establish a circular economy amongst all sorts of users who will engage with the platform: gamers, artists, curators, and land owners, the Sandbox employs a variety of token types.

SAND: The Sandbox’s ERC-20 token that serves as the foundation for all transactions and interactions in the ecosystem.

In The Sandbox metaverse, LAND is a digital piece of real estate. Players purchase LAND with the intention of filling it with games, assets, and interactive experiences. Each LAND is a one-of-a-kind (non-fungible) token that exists on the Ethereum network (ERC-721).

ASSETS are a kind of token produced by gamers that create/assemble user-generated content (UGC). ASSETS are based on the ERC-1155 standard and may be exchanged on the market. Their primary purpose is to be used as building blocks in The Sandbox Game Maker.

See also  What Are the Different Types of Business Assets That Can Be Held By A Company?

NFTs (non-fungible tokens) are digital scarcity, security, and authenticity tokens. They are one-of-a-kind, indivisible, and non-transferable.

What exactly is LAND?

In The Sandbox metaverse, a LAND is a digital piece of real estate that users may purchase to create interactive experiences. You may fill a LAND with Games and Assets once you control it. Each LAND is a one-of-a-kind (non-fungible) token that exists on the Ethereum network (ERC-721).

Within The Sandbox, there will be a maximum of 166,464 LANDS, each housed within a map that makes up The Sandbox metaverse.

On The Sandbox map, there are two different parcel types:

LAND: The map’s most basic Sandbox unit. Each LAND in the game world is 96 by 96 meters, which is just big enough to support a variety of blockchain gaming experiences while not being too enormous to be unmanageable by a single individual.

ESTATE: An ESTATE is made up of a number of LANDS. This is where groups of artists may get together to create bigger, more immersive online experiences.

The Sandbox metaverse’s epicenter is LAND. You’ll be able to play and create games, earn tokens, organize competitions, and much more with them!

PRE-SALE OF LAND

If you wish to buy a piece of The Sandbox metaverse, you may participate in one of our LAND sales on our map, which are only accessible for a limited time.

What exactly is SAND?

SAND is a key component of The Sandbox platform, which debuted on the Binance trading platform in August of 2020. We’re focused on building essential mechanisms that will relate SAND to The Sandbox platform and its value. SAND is an Ethereum-based ERC-20 utility token that will eventually be used as the foundation for transactions inside The Sandbox. It has the following applications.

Access The Sandbox platform allows players to spend SAND on games, equipment, and customizing their Avatar persona. SAND is used by creators to purchase ASSETS, LANDS, and stakes. Demand for SAND to acquire LANDS will be driven by LAND sales. Artists will use SAND to submit ASSETS to the Marketplace and will purchase Gems to define Rarity and Scarcity.

SAND is a governance token that enables holders to take part in platform governance decisions through a DAO (Decentralized Autonomous Organization) framework. They may vote on important issues like Foundation grant attributions to content and game developers, as well as feature priorities on the platform roadmap. Owners of SAND may vote for themselves or assign voting privileges to other players.

Staking: SAND allows for staking, which generates passive income on LANDS: by staking it, you obtain additional SAND. This is also the only method to get expensive Gems and Catalysts, which are needed to create ASSETs.

Fee Capture Model = 5% of every SAND token transaction volume (Transaction Fees) will be levied, with 50% of the money going to the Staking Pool as a reward for token holders that stake SAND tokens, and 50% going to the “Foundation.”

See also  The Internet of Things (IoT): Connecting the World in New Ways

The Sandbox Foundation’s mission is to promote the platform’s ecosystem by providing grants to encourage the creation of high-quality interactive content and games. To far, the Foundation has funded over 15 gaming projects and given over 100 artists the opportunity to create NFTs before the public premiere. The Foundation’s total value of the metaverse will rise as a result of the Foundation’s valuation of all games sponsored, creating a virtuous loop that will allow it to support increasingly greater games and experiences.

What Are the Different Ways for Creators to Make Money?

  • Create Voxel ASSETS on Voxedit, then import and sell them as NFTs on the Marketplace.
  • With the Game Maker, you may create your own games.
  • Using your LANDS, create and monetize games and interactive experiences with the Game Maker.

LAND OWNERSHIP

During one of our LAND Sales, you may purchase a parcel of land. Increase them worth by renting them or filling them with content!

What is the Game Makers Fund, and how does it work?

The $2 million Dollar Game Maker Fund was launched in October 2019 to assist chosen artists in creating, sharing, and monetizing fantastic games on The Sandbox gaming platform. This Fund is overseen by the Foundation’s DAO, whose mission is to promote The Sandbox ecosystem by administering grant opportunities to stimulate high-quality content and game development for The Sandbox. More than 15 gaming projects are now in development with the Foundation’s backing, including ATARI and Square Enix license-based titles set to debut in 2021.

The Foundation’s total value of the metaverse will increase as a result of the Foundation’s valuation of all games supported, creating a virtuous loop that allows for the financing of increasingly greater games and experiences.

The following are the key advantages of being a Creator funded by the Game Makers Fund:

  • Free top-tier exposure for your games in The Sandbox, one of the most anticipated online PC games of 2020 and the #1 blockchain game!
  • Keep complete ownership and copyright to your games.
  • Create your own games with the hundreds of voxel components and visual programming available.
  • Get free LAND parcels in the world’s largest online voxel Metaverse.
  • Reach out to an ever-expanding community of artists and gamers and influence them.
  • Use our cryptocurrency SAND to monetize your content.
  • On our marketplace, you may sell and trade your games and assets.
  • Become a member of our Game Maker community and contribute to the shaping of the future of online gaming.

Catalysts & Gems

Gems and catalysts are tokens that will determine the ASSETS’ rank and scarcity (aka VoxEdit creations imported as NFTs in our Marketplace).

Catalysts

Catalysts are ERC-20 tokens used to determine the tier and scarcity of your ASSET in the Marketplace. Catalysts expand your NFTs by adding empty sockets that may be filled with Gems; the better the Catalyst’s quality, the more sockets are available for your ASSET. To put it another way, the higher the tier, the less scarce the ASSET is, and the more strong and precious it is!

See also  How do you determine the worth of an NFT?

Gems

50+ Collaborations and Counting

Brands like Shaun the Sheep, dApp game studios like Dapper Labs (CryptoKitties), investors like Square Enix (Final Fantasy, Tomb Raider), and legendary gaming businesses like ATARI have all partnered with the Sandbox team to create content for the platform (Rollercoaster Tycoon, Pong).

These partners have their own virtual space in The Sandbox metaverse, and will be among the first to provide multiplayer social experiences when the platform is released to the public.

Atari’s relationship include creating games based on their famous IPs, such as Rollercoaster Tycoon, PONG, and a variety of others. These initiatives will begin in 2021, with further information to be released soon.

A Synopsis

Funding: A total of $4.21 million USD was raised in an initial Seed Round. Binance’s latest SAND IEO garnered a considerable amount of money. LAND Presales: Since December 2019, users have been able to purchase a site inside the virtual world game platform, with some selling out in minutes and generating over $1 million in sales; the whole value of the The Sandbox metaverse is expected to reach over $20 million.

Team: To carry out our objective, we put together a leadership team of 37 people spread over three locations, with 24 FTE in Argentina, 11 in France, two in Korea, and one in Japan. The team comprises AAA video game professionals and top-tier blockchain developers who co-authored the ERC-1155 NFT token standard, among other things.

More than 15,000 people have linked their wallets to the initiative thus far. On Facebook, Discord, Telegram, and other platforms, the franchise has over 750,000 fans. VoxEdit, our NFT creator, has been downloaded over 80,000 times, and the 100 artists in our Creator’s Fund have already created over 3,000 assets.

Smart Contracts — All of our smart contracts are publicly published on Etherscan and Github, and have been certified by Certik, a leading security firm whose clients include Binance, Upbit, and Bithumb. We received a 93 out of 100, which is among the top in the business.

Korea has a strong presence, with over 1,000 active artists and members. Our collaboration with SBS Seoul Game Academy is now official (reaching out to 2,000 students on 8 campuses in Korea),

Japan presence: We started working with Geekhash (a Japanese crypto-marketing firm that also represents Dapp.com), hosted numerous events (Devcon5 Blockchain Game Meetup and Tokyo Blockchain Games Meetup), and began increasing our reach via our website and Medium posts. Opened Twitter with 600 followers and 50,000 monthly impressions.

Leave a Reply