The Sandbox is an Ethereum-based Metaverse and gaming ecosystem where you can create, share and monetize assets and games. In this article, as Kriptokoin.com, “What is The Sandbox?” We will answer the question. In addition, we will touch on other questions about the project.
What is The Sandbox? What does it do?
Sandbox can create and share in-world assets and game experiences of users. It is also an Ethereum-based Metaverse and gaming ecosystem where it can monetize. The platform was created by Pixowl. The Sandbox contains user-generated content where the rights of platforms, creators and players are limited. It is also designed to disrupt the traditional game market it controls them. In The Sandbox, users have absolute ownership over their creations around the world. Sandbox consists of three products:
VoxEdit allows users to create and animate Metaverse 3D objects such as people, animals, and vehicles, among other elements. These objects are called ASSETS. It also uses the ERC-1155 Token standard. This allows exchangeable and non-changeable Tokens (NFTs) to be minted with a single smart contract. Sandbox Marketplace first uploads users’ assets to the Interplanetary File System (IPFS). After uploading it is a place where they can publish and sell. Sandbox Game Maker allows users to create 3D games for free. While no coding knowledge is required to participate in The Sandbox, the powerful toolset makes it possible to create valuable assets and incorporate them into the rapidly growing world of online games and worlds.
What is SAND Coin?
The Sandbox’s native Token is SAND Coin. SAND is an ERC-20 Token that supports all transactions and interactions of the ecosystem. For example, playing games, purchasing equipment or customizing your avatar costs SAND Tokens. In the future, SAND will also serve as a governance Token, allowing its holders to stay informed about changes in the ecosystem once The Sandbox DAO is established.
How does The Sandbox work?
Sandbox software leverages the Ethereum Blockchain to track ownership of digital LAND and NFT ASSETS in its app. Users interact more with its ecosystem using Ethereum wallets that hold SAND Tokens. Developers are also free to innovate on the Sandbox platform by designing animations and interactions experienced in their virtual real estate using a variety of tools:
- Voxel Editor: Users can create voxels, the smallest unit of three-dimensional design, to design and bring to life creations such as flora, fauna, and avatar-driven equipment (like clothing or weapons).
- GameMaker: They are tools that allow users to create 3D games on their LAND using ASSETS they have created or purchased in the marketplace.
- Users can upload their creations to the Sandbox marketplace, where they first register their creations as ERC1155 Tokens (Assets) on the Ethereum Blockchain. These assets are then traded using SAND.
What is The Sandbox? How to buy SAND?
The Sandbox is currently traded on a small number of cryptocurrency exchanges. People who want to invest in the project should open an account in one of the exchanges where the project is traded. The exchanges where The Sandbox is traded are listed as follows: PancakeSwap and MEXC. Users who want to invest in the project should open an account on one of these exchanges.
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