The Sandbox (SAND)
History of The Sandbox
The Sandbox initially started as a mobile game launched by Pixowl in 2012. It gained popularity for its user-generated content and creative freedom, allowing players to build their worlds using digital blocks. In 2018, the concept evolved into a blockchain-based platform, maintaining its core values of creativity and community engagement. The transition to blockchain aimed to provide users with true ownership of their creations, enabling them to trade and monetize their digital assets freely.
| Ticker | SAND |
| Category | Gaming (GameFi) |
| Website | https://www.sandbox.game/en/ |
| @TheSandboxGame | |
| Telegram | sandboxgame |
| Contract Addresses | |
|---|---|
| ethereum | 0x38...0d |
| polygon-pos | 0xbb...38 |
| harmony-shard-0 | 0x35...de |
| energi | 0x73...47 |
How The Sandbox works
The Sandbox operates as a virtual world where users can create, own, and monetize their gaming experiences using blockchain technology. The platform consists of several key components:
Voxel assets
Voxel assets are the building blocks of The Sandbox universe. These 3D pixels allow creators to design and develop unique digital items, which can be used within the game or traded on the marketplace. The Sandbox provides tools for users to craft voxel assets, enabling a wide range of creative possibilities.
The Sandbox marketplace
The Sandbox marketplace is a decentralized platform where users can buy, sell, and trade their digital assets. It facilitates the exchange of voxel creations, land parcels, and other in-game items. By leveraging blockchain technology, the marketplace ensures secure and transparent transactions, allowing creators to monetize their work effectively.
LAND
LAND is a finite digital real estate within The Sandbox metaverse. Users can purchase and own LAND parcels, which serve as spaces for building and hosting gaming experiences. LAND ownership is recorded on the Ethereum blockchain, ensuring transparency and security. By owning LAND, users can create unique gaming experiences and monetize them by attracting other players or collaborating with other creators.
SAND token
SAND is the utility token used throughout The Sandbox ecosystem. It is an ERC-20 token built on the Ethereum blockchain and serves as the primary medium of exchange within the platform. SAND tokens are used for various purposes, including:
- Purchasing LAND, assets, and services within The Sandbox marketplace.
- Rewarding creators for their contributions to the platform.
- Participating in governance decisions, allowing token holders to influence the platform's development and policies.
The total supply of SAND is capped at 3,000,000,000 tokens, ensuring scarcity and value within the ecosystem.
The Sandbox community and governance
The Sandbox emphasizes community involvement and governance through its decentralized structure. Users are encouraged to participate actively in the platform's development by contributing to the creation of content, engaging in the marketplace, and taking part in governance decisions. This community-driven approach ensures that the platform evolves according to the needs and preferences of its users.
Governance model
The Sandbox employs a decentralized governance model, enabling SAND token holders to propose and vote on changes to the platform. This approach allows the community to have a direct impact on the platform's future, fostering a sense of ownership and collaboration among users.