- Sandbox Metaverse is built on blockchain technology.
- It provides users with a platform called VoxEdit, which can create assets without coding.
Sandbox is a virtual gaming infrastructure built with blockchain technology. This ecosystem not only allows users to explore the world but also allows them to buy, sell, create digital assets, and then earn money through them. It also has its own utility token, which is called the Sand token. This token is built on the Ethereum blockchain and follows ERC token algorithms.
This ecosystem can be easily accessed with the help of various crypto wallets, such as Metamask, Wallet Connect, and Coinbase wallets. Other than this, it also has its own NFt marketplace. Where you can buy various non-fungible tokens according to your requirements. To explore the sandbox world, users first need to create their avatars. This avatar is highly customizable and has a wide variety to choose from, from clothing to various accessories.
Who Created the Sandbox?
This project was created by the Sanbox development team, led by Arthur Madrid and Sebastien Borged, in 2012. The initial objective of the team was to develop games. But in 2018, the developers of the Sandbox realized the potential of blockchain technology and started building games based on it. The project aimed to get more people involved, which means spreading out the responsibility and decision-making among many users rather than having a central authority in control. They had a plan to create a website where individuals could create, purchase, sell, and earn money from their belongings.
Unique Features of the Sandbox
The sandbox metaverse is unique in its approach because it has built the project on the Ethereum blockchain. The main benefit of building the project on blockchain technology is that everything is unique, and ownership can be easily verified on the blockchain. It offers transparency and immutability.
Sandbox has a powerful content creation platform called voxEdit. This platform allows users to show their productivity and create content using 3D modeling tools. The interesting thing about this platform is that users can create content without coding knowledge. They have premade objects with which users can create content.
It has 166464 lands in this metaverse, which the users can choose from. They can buy this land, sell it, and even customize it with the help of the Voxedit tool. They can even rent this place to earn rent from it. It has good real estate opportunities.
Tokens of Sandbox
This project has various utility tokens that serve different purposes in the ecosystem.
- LAND Token
This token is a vital part of the sandbox ecosystem. It is also called the token for real estate because it is used for tasks related to real estate, like buying and selling sand. Users can further integrate different parts of the land to make it real estate, and then they can further build projects on this real estate.
- Assets Token
This token is specially built for users to create assets in the metaverse. They can easily trade this token on the metaverse with any other utility token to buy and create assets on the metaverse.
- SAND Token
This is the most important token of the sandbox metaverse because it provides users with the opportunity for governance, staking, foundation, Accessing the platform and a free capture model in the metaverse. This token is built on the Ethereum network and follows ERC-20 token standards.
