Project Name: The Sandbox
Project Ticker: SAND
Website: sandbox.game/en/
Twitter Account: twitter.com/TheSandboxGame
Whitepaper: installers.sandbox.game/The_Sandbox_Whitepaper_2020.pdf
What Is The Sandbox (SAND)?
The Sandbox is a blockchain-based game that allows players to navigate and manage a virtual world without character limitations. The Sandbox, along with a Decentralized Autonomous Organization (DAO) and NFTs, has created a decentralized platform for a thriving gaming community. The main task of The Sandbox platform is to successfully introduce Blockchain Technology into mainstream games. The platform was developed with the Play-To-Earn model to allow users to become both content creators and players. The Sandbox is an open-world game that, instead of segmented areas or numbered levels, gives the player the freedom to move through a world to which they have full access from start to finish. The Sandbox is a virtual world where players can create and monetize their own gaming experience. SAND is the token of the ecosystem. The Sandbox is built on top of the Ethereum blockchain and secured by the Proof of Stake (PoS) consensus mechanism. SAND is an ERC-20 token. SAND holders can stake their tokens and earn stake rewards. POS does not require high electricity usage or high processing power to verify transactions. Allowing many applications, POS ensures the security of staked funds. The Sandbox was developed by the game studio Pixowl and was released on May 15, 2012 for mobile phones and Microsoft Windows. It was released on Steam on June 29, 2015.
What Does The Sandbox Offer?
The Sandbox is an Ethereum-based gaming ecosystem where users can create and monetize in-game assets and gaming experiences. The Sandbox ecosystem has an ecosystem for tokenized in-game assets. To play The Sandbox, users must first create MetaMask wallets. With an email address and username, you can create an account on The Sandbox website or mobile app. After logging in to the game, the user can create an avatar by clicking Create Avatar. When the user clicks on Create Avatar, an avatar creation page opens that allows designing and customizing virtual images. The user can then choose the gender and face of the avatar and add various outfits and accessories. In the Inventory tab, the user can check the details of his assets. Assets, lands, properties, items, etc. held by the user are shown in the Inventory tab.
SAND is the native token of The Sandbox platform. Users need to have SAND in their wallet to create assets and play games. SAND is an ERC-20 token that supports all transactions and interactions of the ecosystem. For example, you use SAND to play the game, buy equipment, or customize your avatar.
SAND can also be used to purchase assets, which are unique pieces of digital real estate represented in the game by ERC-721 tokens. LANDs are pieces of digital real estate in The Sandbox world that players purchase to create interactive experiences. Once you have a LAND, you can fill it with games, assets, or stores. Each LAND is a unique ERC-721 token on the Ethereum blockchain. LANDs allow you to create and play games, earn coins, and host contests.
Areas where SAND Tokens are used:
Accessing The Sandbox platform: Players use SAND tokens to play games, buy equipment, or customize their avatars.
Governance: SAND is the native token of the platform that allows SAND holders to participate in platform decisions within a DAO structure. SAND holders can vote themselves or transfer their voting rights to other players of their choice.
Foundation: The role of the foundation is to support The Sandbox ecosystem by offering grants to promote the production of high-quality interactive content and games on the platform. The foundation has so far funded more than 15 game projects and enabled more than 100 artists to produce NFT before going public.
By paying Ethereum gas fees on behalf of players, The Sandbox makes the user experience better. Moreover, 50% of SAND Token’s transaction volume is allocated to The Sandbox Foundation, which supports the ecosystem by funding grants and promoting the platform.
You can earn revenue on The Sandbox platform in many ways. You can create assets using VoxEdit and upload them to The Sandbox MarketPlace to sell them as NFTs. You can also create your own games using The Sandbox Game Maker and earn money by them, or alternatively earn rewards as a player of other users’ games. You can also earn revenue by renting your LAND to other players or by filling it with content that will increase its value.
The Sandbox’s Technology
The Sandbox is a blockchain game built on the Ethereum blockchain. Ethereum was chosen for its existing features such as scalability and decentralization. Three different blockchain protocols have been integrated since the launch of the game. ERC-20 was integrated for SAND Token, and ERC-1155 and ERC-721 were integrated to store digital assets and make in-game purchases. The Ethereum network was also preferred for:
Ease of use: The Ethereum network has many developers and supports the development of games and applications.
Robustness: Ethereum is among the most robust blockchain protocols. Thanks to Ethereum's public blockchain structure, transactions on the Ethereum network can be verified by many users, which allows users to make secure transactions.
Interoperability: Ethereum has a protocol, which is a basic layer that all applications can run on. Ethereum’s robustness is proven by thousands of DApps and developers.
The overall demand of blockchain game players is speed and flexibility in execution, and the Ethereum network fully meets these demands. Millions of tokens are powered by the ERC-115 standard.
The Sandbox platform serves with a complete ecosystem to experience a virtual game universe. This ecosystem consists of three applications, VoxEdit, Game Maker, and Marketplace.
VoxEdit: It is a 3D voxel modeling and NFT creation suite that allows users to create and animate 3D objects such as people, animals, vehicles, and items while playing the game on a computer.
Marketplace: The Sandbox's NFT marketplace allows users to upload, publish, and sell NFTs created using VoxEdit. NFTs are first uploaded to an IPFS network to provide decentralized storage and then added to the blockchain for authentication, after which they become assets that can be sold by making a sale offer.
Gamemaker: Game Maker allows everyone to create 3D games for free. No coding is necessary thanks to accessible visual scripting tools to create engaging 3D games in minutes. Content creators contribute a wide range of metadata with a wide variety of amazing interactive designs.
The Sandbox Team & Company
Arthur Madrid serves as CEO of The Sandbox. Arthur Madrid is also the Co-Founder and CEO of Pixowl, which was acquired by Animoca Brands in 2018. He is a Boarding Member of Animoca Brands and a long-time social game entrepreneur. He is experienced in Blockchain Technology, gaming, education, and NFTs. Marcelo Santurio serves as CFO of The Sandbox. He was the Co-Founder of LATAM and has 20 years of experience in the fields of Finance, Technology, and Gaming. Pablo Iglesias is the inventor of The Sandbox. Lucas Shrewsbury is the CTO of The Sandbox. He has managed leading mobile game studios for more than 10 years. He has also managed Gameloft’s studio in Argentina.
The Sandbox’s Digital Asset Economy
At the launch of the SAND Token there was a total supply of 3,000,000,000. As of November 2021, the total supply in circulation is 892,246,119.22 SAND. 17.18% is reserved for SAND Token seed sale. 31% is allocated to the SAND Token team. Approximately 12% of the total supply is allocated to the Binance Launchpad sale, while 10% is distributed to the project's consultants.
The Sandbox Collaborations
The Sandbox collaborated with the action game Light Trail Rush on February 5, 2020.
The Sandbox partnered with South Korea-based blockchain game studio Planetarium on February 7, 2020.
The Sandbox collaborated with the game Crypto Sword & Magic, which is on the EOS blockchain, on March 12, 2020.
The Sandbox collaborated with Matic on March 19, 2020. This partnership allowed The Sandbox users to make faster transactions.
The Sandbox has partnered with the Smurfs to create a LAND in the virtual game Smurfs’ Village and offer NFTs to its community of creators.
The Sandbox has partnered with Atari. Both sides took advantage of this partnership, which introduced The Sandbox to a wider mainstream audience and allowed Atari to showcase its content in the game metadata database.
The Sandbox partnered with Skybound Entertainment to bring the Walking Dead comic books into The Sandbox Metaverse game.
The Sandbox collaborated with famous rapper Snoop Dogg. The Sandbox, an Ethereum-based Metaverse game, will allow users to customize it with their experience in a 3D world.
Evaluation of The Sandbox
Along with the developing technology and evolving world, the global gaming industry is growing rapidly. Having fun and making money in a virtual world attracts many people. Given the financial gain and technological aspects, the global gaming industry is exciting for people. The number of blockchain-based gaming projects has increased rapidly in recent times. The Sandbox is also a blockchain-based game. The Sandbox is a gaming platform where players can create and collect blockchain-based assets, creating a universe where they can both have fun and earn income. Revolutionizing the market, The Sandbox has also proven itself in the global gaming market. Focusing on user-generated content, The Sandbox creates a metadata database of players who contribute to the further development of the platform. By introducing SAND, Sandbox promotes decentralized governance and allows users to share their views and ideas on the development of the project. Moreover, The Sandbox has proven its popularity today with many collaborations.
