Like Axie Infinity (AXS), The Sandbox also offers lucrative profits in cryptocurrencies when the decentralized gaming sector is booming!
What is The Sandbox (SAND)?
The Sandbox is a blockchain -based video game on the Ethereum network. Just like AXS, the game offers cryptocurrencies as rewards via a primary, non-fungible token (NFT) means.
Players can trade NFT on The Sandbox trading platform. The NFT of most concern is the land (LAND) which the user can own in the game, otherwise known as the metaverse.
Apart from LAND, ASSETS are also the focus of players because they can be traded in the form of NFT.
In the LAND, players can develop anything including games, dioramas or art galleries, and can indirectly profit from it whether sold or rented.
There are a total of 166,464 LANDS available and some of them have been owned by partners such as Square Enix, Atari, Rollercoaster Tycoon, Binance, Smurfs, and Deadmau5.
3 Basic Products Behind The Sandbox
VoxEdit: Users have the opportunity to create and animate 3D objects in the metaverse, whether people, animals, and equipment. The result of this creativity is known as ASSETS. Usually ASSETS are traded on average less than 10 SANDs up to thousands of SANDs.
The Sandbox Marketplace: A space for users to publish and sell ASSETS after they have finished uploading in the InterPlanetary File System (IPFS).
The Sandbox Game Maker: Users are allowed to create 3D games for free.
Tokens In The Sandbox Ecosystem
SAND is a native token that serves to carry out transactions and interactions. In addition to being used in games (examples: purchases of ASSETS and LAND), SAND is also used to create polls to determine ecosystem changes once The Sandbox DAO is launched.
Players can also stake SAND to get more SAND, including GEMS and CATALYST - tokens that are necessary for the construction of ASSETS. GEMS can also be purchased from other players.
The Sandbox project
The Sandbox has recently made a collaboration with The Walking Dead. Reportedly, they want to launch a zombie -themed gaming experience through the introduction of zombie NFT. However, further information regarding the integration has not been disclosed to date.
While not knowing when its official launch will be, to some extent it will have a positive impact on SAND prices.
Previously, Spartan Black also claimed that SAND was one of the most popular and profitable tokens besides Axie Infinity (AXS), pushing the crypto market to be bullish.
If interested in buying SAND…
You can get it on several global platforms like Gemini, Crypto.com, and Binance.
