Sandbox (SAND) is a game that uses the power of the blockchain to achieve a monetization model together with a marketplace and a series of facilities to generate unique NFTs in the world.
With the rise of blockchain-based 'Play-to-earn' games, projects like The Sandbox gain special prominence.
The Sandbox is a virtual world in which you can create your characters, improve them and interact with a vast virtual world in true Minecraft style. But, at the same time, it relies on blockchain technology to create a unique experience through the use of NFT and SAND tokens, the native token of the platform, which allows you to monetize your game and obtain benefits for it.
This has made The Sandbox one of the fastest growing games in the crypto world, finding its own space against competitors like Axie Infinity, AAVEGOTCHI and CryptoKitties.
The entire operation of The Sandbox is possible thanks to Ethereum smart contracts, the heart of the NFT system, tokens and blockchain interaction.
Animoca uses a tool known as VoxEdit, a software that allows the generation of worlds and 3D graphics of the Voxel type, which can be easily associated with constructions that use blockchain technology.
In fact, VoxEdit is a complete computer program that contains an NFT modeler, animator, and creator, making it a powerful tool for NFT game development. And we are not talking about just any editor, it is a piece of development used by big names in the industry such as Atari and Square Enix. In other words, VoxEdit is a professional tool that will surely have a wide presence in the video game sector.
The idea of uniting VoxEdit and Ethereum becomes even more significant when combined in The Sandbox: both technologies are applied to create a dynamic metaverse, capable of hosting millions of users, evolving and, above all, creating a unique economic ecosystem and markets.
In this strategy, the platform tokens have a special participation: SAND, GEM and CATALYST, which are utility tokens under the ERC-20 standard, and the LAND and ASSETS tokens, which are ERC-721 and ERC-1155 tokens, respectively.
The Sandbox, like other games of its style, depends on a hybrid structure, where the servers that allow the visualization of the virtual world are executed in centralized servers, while the logic of the tokens, collectibles and the information related to them, is executed. in blockchain over decentralized networks such as IPFS (data storage). This ensures that the system can allow broad freedom to its developers, while supporting player collectibles, characters, and other assets in a way that they can't simply disappear if the company no longer continues to support them. the game.
SAND is an ERC-20 token that allows transactions to be made within The Sandbox. It is a utility token with a maximum issuance of 3,000,000,000 units and its purpose is the following:
1) 1) First of all, it allows players to buy and sell the different assets that are available in the game. For example, a user can use SAND tokens to access mini-games within The Sandbox, purchase equipment, and upgrade their characters.
2) 2) SAND holders can earn benefits for holding them by staking this token.
3) 3) SAND token holders can participate in the on-chain governance of the game, through the DAO that controls various aspects of the game.
4) 4) The user can use the SAND tokens to acquire LAND and thus enlarge their domains.