With
the introduction of crypto gaming, the metaverse and NFTs, projects such as the
Sandbox have started to gain attention after years of development. From
monetizing creativity to a whole new set of Multiverses, here is our complete
guide to the Sandbox game.
What
Is Sandbox?
The
Sandbox project is part of the recent crypto gaming explosion, basing itself as
a blockchain-based virtual world run on the Ethereum blockchain, integrating
gaming with decentralised finance, blockchain technology and the metaverse.
In
the Sandbox game, players buy, sell and trade digital assets through their
marketplaces such as Land, decorations, character customization and more. Each
asset bought, sold or traded on the marketplace is its own NFT (Non-fungible
token) stored on the blockchain with its own unique identifier. Having each
item as its own NFT means if SAND was to ever shut down, users would still own their
assets. You can view all items for sale here.
Sandbox
is its own metaverse, allowing user-owned NFTs to come to life,
perfectly shown in their trailer. The Sandbox metaverse is
the project’s own virtual world made up of 166,464 pieces of ownable land,
which can be populated by assets and UGCs (User-Generated content)
What Is Digital Land?
Digital
land is at the core of the Sandbox ecosystem with each of the 166,464 total
pieces of land taking up 96 square metres of in-game land.
Each
piece of LAND is its own NFT (ERC-721 Token).
Estates,
which are several pieces of land combined together, are used in the
Sandbox metaverse for teams of creators to work on. Estates can then be made
into DISTRICTs if owned by several people.
Estate Sizes throughout
Sandbox, reaching up to 576 LANDS
LAND
owners in Sandbox can deploy their experience, stake their tokens and show off
their amazing art. The game developers suggest positioning your LAND close to
large estates to attract maximum attention towards your own LAND.
LAND
owners also have the opportunity to rent their land to other creators, where
their unique experiences can be deployed.
Premium
LANDs
LAND
which is close to social hubs or spawn points throughout the metaverse is
considered premium as it will experience far greater player traffic
than regular LAND.
More
traffic means more potential rewards from staking, pay-to-play games, and even
advertising. Premium land is a lot more expensive.
Different
Tokens Within the Ecosystem
Metaverse
games such as the Sandbox will have their own native token, such as SAND, and
others to facilitate trade and activity within the ecosystem. There are four
distinct types of tokens used throughout the game.
*GEMs
and CATALYSTs are used within the VoxEditor to help construct assets.
The
SAND token is the game’s utility token, being used for key functions throughout
the game such as acquiring ASSETs and LAND, trading SAND for unique NFTs on
their marketplace.
SAND
is also a requirement to participate in their governance protocols.
GAME
tokens each represent a unique experience which has been created by a user,
made in Game Maker.
The
GAME token will be combined with a LAND token, creating an experience.
LAND
tokens in the Sandbox game each represent a unique NFT representing one of the
166,464 pieces of total land throughout the metaverse.
ASSET
tokens are also unique NFTs, created in VoxEdit by independent users. Each
ASSET can be sold, traded or bought on the marketplace, ranging from animals to
house decorations. ASSETs are what fill the Sandbox game and make it feel
alive.
There
are four different types of assets: Entities, Equipment, Wearable and Art,
each being its own unique NFT.
Three
Distinct Sandbox Products
The
Sandbox metaverse is made possible through its three main products which help
to create, edit and market UGC and your favourite NFTs.
1. Game Maker
Game
Maker is what makes Sandbox come alive. Users, with no prior coding experience,
can jump into Game Maker and create 3D games for their friends and the entire
Sandbox community. The software utilises real assets within Sandbox, allowing
them to be swiftly added to the multiverse.
Once
the experience or game has been created, users must have access to LAND within
the Sandbox game for it to become fully functional.
2. Marketplace
The
marketplace is Sandbox’s hub of trade for players selling and buying ASSETs to
use throughout the metaverse. Players can put their LAND up for sale or
advertise it for rent. All transactions are done through the utility token
SAND.
Users
can utilise the + feature to view assets in the Game Maker before
purchasing, useful for wearable items and decorations.
Here
we can see a piece of land, represented by the small orange tile, being sold
for 2.74 Ethereum, around $8,000 at current market values. Most land is sold
via OpenSea, where NFTs such as LAND are stored in the user’s wallet.
Surrounding
LANDs and ESTATEs can be seen around the land for sale, to determine whether
the land is close to hubs or large estates such as RSS3 in this example.
All
marketplace transactions receive a 5% additional fee to fund new creators
creating new NFTs.
3. VoxEdit
Users
utilise VoxEdit to create voxel assets, then converted into NFTs and
uploaded onto the marketplace. ASSETs created through VoxEdit vary from
experience to collectables.
Using
VoxEdit for asset design allows swift integration of the asset into the main game for character customization, NPCs and even hostile enemies. VoxEdit
also boasts zero coding experience needed to create beautiful digital assets to
sell on their marketplace encouraging
GEMs
AND CATALYSTs
GEMs
and CATALYSTs interact with ASSETs to determine specific attributes and
scarcity.
GEMs
Burnt
on usage, GEMs interact with ASSETs to grant unique attributes to them, up to a
maximum of four gems, with each GEM providing 25 attribute points (For a
maximum of 100). ASSETS with better and more attributes will provide more value
inside the Sandbox game, and can be seen as levelling your asset, as you
would do in an MMORPG.
GEMs
are acquired through the marketplace, or by staking SAND on LAND.
CATALYSTs
Also
interacting with ASSETs and burnt on usage, CATALYSTs determine the scarcity
and tier of the ASSET. These tiers are Common, Rare, Epic and Legendary.
Each tier will require an additional CATALYST to be added.
Playing
the Sandbox
To
get started in the Sandbox game, head to the official website. To register a Sandbox
account, a cryptocurrency wallet is required, as the game utilises
cryptocurrency instead of fiat currency for any in-game transactions.
The
developers recommended choosing any of these wallets:
- MetaMask
- Bitski
- Venly
Connect your chosen wallet
to their account creation screen.
After
creating an account, head to play now to play instantly on the web.
Alternatively, you can download their game client for macOS or Windows for a
better gaming experience.
Earning
Within Sandbox
Unboutdbly,
many users are flocking to cryptocurrency games for the opportunity to earn
extra income, and you can’t blame them. Many early adopters have been able to
make huge returns on LAND sales or simply the creation of digital assets
through VoxEdit. Let’s break down some of the ways players can make money
through the Sandbox game.
Firstly,
Sandbox’s Game Maker application allows for pay-to-earn game creation
which can be executed on owned or rented LAND. Extra digital assets, which can
be bought or created through VoxEdit, can be added to enhance the user
experience. Ultimately once deployed, users can be charged to play your game or
experience.
Secondly,
ASSETs can be created through the VoxEdit program, monetizing your
creativity, and sold on the Sandbox marketplace as NFTs.
If
you’re lucky enough to own digital land in the Sandbox Metaverse, you can rent
it out to creators wanting to deploy their experiences or games. Depending on
the location and traffic of your LAND, it’s a great opportunity to earn passive
income without selling your LAND.
Sandbox
recently released a new staking protocol, allowing SAND owners to directly
stake their SAND on the Polygon network, leveraging zero-fee transactions.
Rewards will be distributed weekly and is a great way to earn passive income on
your SAND without owning any digital assets in the game.
To
find out how to safely stake SAND through Polygon, see their recent article here.
Partners
with Sandbox
Large
celebrities such as Snoop Dogg have already entered the Sandbox Metaverse with
10,000 unique playable Snoop Dogg characters. All 10,000 doggies
were sold out quickly and now are traded on OpenSea, which has shown the
celebrity integration and large player base actively seeking out new
opportunities, being a testament to the game’s ability to capture celebrity
interest and form great partnerships.
Many
other brands and partnerships have already integrated their way into the
Metaverse, not exclusive to Adidas, the walking dead and Atari. Large
partnerships which offer exclusive access to unique experiences such as a live
Snoop Dogg concert within the Snoopverse also incentivize players to
buy new and upcoming releases.
Will
The Metaverse Continue to Take Off?
Crypto
gaming and the Metaverse have a recent explosion in popularity and investment,
with the Sandbox utility token pumping over 10x from $0.60 to over $6 in late
2021. The historic rise came from a multitude of factors with other metaverse
and crypto gaming projects realising similar gains, granting Sandbox a spot in
the top 50 cryptocurrencies by market cap.
Currently,
most metaverse tokens are experiencing a downward trend, both in player base and
price action, but this may just be a case of higher lows before they truly take
off.
Many
believe the Metaverse to be the future with virtual and augmented reality
already becoming a large sector, outside of cryptocurrency. Examples include
the change from Facebook to Meta, with Mark Zuckerburg heavily endorsing the
metaverse and the change it can make in our lives, such as virtual meetings and
games like we see today.
The
metaverse will definitely not run our lives in the next few years, but we may
see more mainstream adoption as the technology becomes more economically
attainable and more diverse. Time will tell if the Metaverse will continue to
gain traction across the western world and onward.
Conclusion
Games
such as Sandbox demonstrate the combination of groundbreaking technology
working seamlessly together, allowing users to fully own their virtual assets
and utilise them in a virtual and reality, some even profiting off of it.
Sandbox
is the industry leader in crypto gaming and metaverse games and will continue
to spearhead through into unknown land. However, successful games come from a
loyal player base with constant attention from the developers, of which Sandbox
is yet to prove. Try it out for yourself, or simply be a speculative investor
helping aid the Sandbox economy.
With
the introduction of crypto gaming, the metaverse and NFTs, projects such as the
Sandbox have started to gain attention after years of development. From
monetizing creativity to a whole new set of Multiverses, here is our complete
guide to the Sandbox game.
What
Is Sandbox?
The
Sandbox project is part of the recent crypto gaming explosion, basing itself as
a blockchain-based virtual world run on the Ethereum blockchain, integrating
gaming with decentralised finance, blockchain technology and the metaverse.
In
the Sandbox game, players buy, sell and trade digital assets through their
marketplaces such as Land, decorations, character customization and more. Each
asset bought, sold or traded on the marketplace is its own NFT (Non-fungible
token) stored on the blockchain with its own unique identifier. Having each
item as its own NFT means if SAND was to ever shut down, users would still own their
assets. You can view all items for sale here.
Sandbox
is its own metaverse, allowing user-owned NFTs to come to life,
perfectly shown in their trailer. The Sandbox metaverse is
the project’s own virtual world made up of 166,464 pieces of ownable land,
which can be populated by assets and UGCs (User-Generated content)
What Is Digital Land?
Digital
land is at the core of the Sandbox ecosystem with each of the 166,464 total
pieces of land taking up 96 square metres of in-game land.
Each
piece of LAND is its own NFT (ERC-721 Token).
Estates,
which are several pieces of land combined together, are used in the
Sandbox metaverse for teams of creators to work on. Estates can then be made
into DISTRICTs if owned by several people.
Estate Sizes throughout
Sandbox, reaching up to 576 LANDS
LAND
owners in Sandbox can deploy their experience, stake their tokens and show off
their amazing art. The game developers suggest positioning your LAND close to
large estates to attract maximum attention towards your own LAND.
LAND
owners also have the opportunity to rent their land to other creators, where
their unique experiences can be deployed.
Premium
LANDs
LAND
which is close to social hubs or spawn points throughout the metaverse is
considered premium as it will experience far greater player traffic
than regular LAND.
More
traffic means more potential rewards from staking, pay-to-play games, and even
advertising. Premium land is a lot more expensive.
Different
Tokens Within the Ecosystem
Metaverse
games such as the Sandbox will have their own native token, such as SAND, and
others to facilitate trade and activity within the ecosystem. There are four
distinct types of tokens used throughout the game.
*GEMs
and CATALYSTs are used within the VoxEditor to help construct assets.
The
SAND token is the game’s utility token, being used for key functions throughout
the game such as acquiring ASSETs and LAND, trading SAND for unique NFTs on
their marketplace.
SAND
is also a requirement to participate in their governance protocols.
GAME
tokens each represent a unique experience which has been created by a user,
made in Game Maker.
The
GAME token will be combined with a LAND token, creating an experience.
LAND
tokens in the Sandbox game each represent a unique NFT representing one of the
166,464 pieces of total land throughout the metaverse.
ASSET
tokens are also unique NFTs, created in VoxEdit by independent users. Each
ASSET can be sold, traded or bought on the marketplace, ranging from animals to
house decorations. ASSETs are what fill the Sandbox game and make it feel
alive.
There
are four different types of assets: Entities, Equipment, Wearable and Art,
each being its own unique NFT.
Three
Distinct Sandbox Products
The
Sandbox metaverse is made possible through its three main products which help
to create, edit and market UGC and your favourite NFTs.
1. Game Maker
Game
Maker is what makes Sandbox come alive. Users, with no prior coding experience,
can jump into Game Maker and create 3D games for their friends and the entire
Sandbox community. The software utilises real assets within Sandbox, allowing
them to be swiftly added to the multiverse.
Once
the experience or game has been created, users must have access to LAND within
the Sandbox game for it to become fully functional.
2. Marketplace
The
marketplace is Sandbox’s hub of trade for players selling and buying ASSETs to
use throughout the metaverse. Players can put their LAND up for sale or
advertise it for rent. All transactions are done through the utility token
SAND.
Users
can utilise the + feature to view assets in the Game Maker before
purchasing, useful for wearable items and decorations.
Here
we can see a piece of land, represented by the small orange tile, being sold
for 2.74 Ethereum, around $8,000 at current market values. Most land is sold
via OpenSea, where NFTs such as LAND are stored in the user’s wallet.
Surrounding
LANDs and ESTATEs can be seen around the land for sale, to determine whether
the land is close to hubs or large estates such as RSS3 in this example.
All
marketplace transactions receive a 5% additional fee to fund new creators
creating new NFTs.
3. VoxEdit
Users
utilise VoxEdit to create voxel assets, then converted into NFTs and
uploaded onto the marketplace. ASSETs created through VoxEdit vary from
experience to collectables.
Using
VoxEdit for asset design allows swift integration of the asset into the main game for character customization, NPCs and even hostile enemies. VoxEdit
also boasts zero coding experience needed to create beautiful digital assets to
sell on their marketplace encouraging
GEMs
AND CATALYSTs
GEMs
and CATALYSTs interact with ASSETs to determine specific attributes and
scarcity.
GEMs
Burnt
on usage, GEMs interact with ASSETs to grant unique attributes to them, up to a
maximum of four gems, with each GEM providing 25 attribute points (For a
maximum of 100). ASSETS with better and more attributes will provide more value
inside the Sandbox game, and can be seen as levelling your asset, as you
would do in an MMORPG.
GEMs
are acquired through the marketplace, or by staking SAND on LAND.
CATALYSTs
Also
interacting with ASSETs and burnt on usage, CATALYSTs determine the scarcity
and tier of the ASSET. These tiers are Common, Rare, Epic and Legendary.
Each tier will require an additional CATALYST to be added.
Playing
the Sandbox
To
get started in the Sandbox game, head to the official website. To register a Sandbox
account, a cryptocurrency wallet is required, as the game utilises
cryptocurrency instead of fiat currency for any in-game transactions.
The
developers recommended choosing any of these wallets:
- MetaMask
- Bitski
- Venly
Connect your chosen wallet
to their account creation screen.
After
creating an account, head to play now to play instantly on the web.
Alternatively, you can download their game client for macOS or Windows for a
better gaming experience.
Earning
Within Sandbox
Unboutdbly,
many users are flocking to cryptocurrency games for the opportunity to earn
extra income, and you can’t blame them. Many early adopters have been able to
make huge returns on LAND sales or simply the creation of digital assets
through VoxEdit. Let’s break down some of the ways players can make money
through the Sandbox game.
Firstly,
Sandbox’s Game Maker application allows for pay-to-earn game creation
which can be executed on owned or rented LAND. Extra digital assets, which can
be bought or created through VoxEdit, can be added to enhance the user
experience. Ultimately once deployed, users can be charged to play your game or
experience.
Secondly,
ASSETs can be created through the VoxEdit program, monetizing your
creativity, and sold on the Sandbox marketplace as NFTs.
If
you’re lucky enough to own digital land in the Sandbox Metaverse, you can rent
it out to creators wanting to deploy their experiences or games. Depending on
the location and traffic of your LAND, it’s a great opportunity to earn passive
income without selling your LAND.
Sandbox
recently released a new staking protocol, allowing SAND owners to directly
stake their SAND on the Polygon network, leveraging zero-fee transactions.
Rewards will be distributed weekly and is a great way to earn passive income on
your SAND without owning any digital assets in the game.
To
find out how to safely stake SAND through Polygon, see their recent article here.
Partners
with Sandbox
Large
celebrities such as Snoop Dogg have already entered the Sandbox Metaverse with
10,000 unique playable Snoop Dogg characters. All 10,000 doggies
were sold out quickly and now are traded on OpenSea, which has shown the
celebrity integration and large player base actively seeking out new
opportunities, being a testament to the game’s ability to capture celebrity
interest and form great partnerships.
Many
other brands and partnerships have already integrated their way into the
Metaverse, not exclusive to Adidas, the walking dead and Atari. Large
partnerships which offer exclusive access to unique experiences such as a live
Snoop Dogg concert within the Snoopverse also incentivize players to
buy new and upcoming releases.
Will
The Metaverse Continue to Take Off?
Crypto
gaming and the Metaverse have a recent explosion in popularity and investment,
with the Sandbox utility token pumping over 10x from $0.60 to over $6 in late
2021. The historic rise came from a multitude of factors with other metaverse
and crypto gaming projects realising similar gains, granting Sandbox a spot in
the top 50 cryptocurrencies by market cap.
Currently,
most metaverse tokens are experiencing a downward trend, both in player base and
price action, but this may just be a case of higher lows before they truly take
off.
Many
believe the Metaverse to be the future with virtual and augmented reality
already becoming a large sector, outside of cryptocurrency. Examples include
the change from Facebook to Meta, with Mark Zuckerburg heavily endorsing the
metaverse and the change it can make in our lives, such as virtual meetings and
games like we see today.
The
metaverse will definitely not run our lives in the next few years, but we may
see more mainstream adoption as the technology becomes more economically
attainable and more diverse. Time will tell if the Metaverse will continue to
gain traction across the western world and onward.
Conclusion
Games
such as Sandbox demonstrate the combination of groundbreaking technology
working seamlessly together, allowing users to fully own their virtual assets
and utilise them in a virtual and reality, some even profiting off of it.
Sandbox
is the industry leader in crypto gaming and metaverse games and will continue
to spearhead through into unknown land. However, successful games come from a
loyal player base with constant attention from the developers, of which Sandbox
is yet to prove. Try it out for yourself, or simply be a speculative investor
helping aid the Sandbox economy.
By: Finance Magnates Staff
www.financemagnates.com
