Users can split their ESTATEs into smaller sizes or into individual 1X1 LANDs. Alternatively, ESTATEs can also be purchased readily assembled.ĮSTATEs comes in four sizes: Small (3X3 – 9 LANDs per parcel), Medium (6X6, 36 LANDs per parcel), Large (12X12, 144 LANDs per parcel), and X-Large 24X24 (576 LANDs per parcel). Users can buy individual LANDs that are adjacent to each other and then merge the LANDs themselves to create an ESTATE. ESTATEĪ group of 1X1 adjacent LANDs can be merged together into an ESTATE. Since these ASSETs are limited and rare, they are likely to become highly desirable by game designers, players, and collectors. Additionally, premium LANDs come with exclusive, limited-time ASSETs. Having more traffic also means that more players will see any ads that have been placed on billboards on premium LANDs. This means that these LANDs will experience higher traffic from players and have more potential monetisation opportunities. One of the main benefits is that premium LANDs are surrounded by significant partners or social hubs. There are two types of LANDs in The Sandbox metaverse: regular and premium.Ĭompared to regular LANDs, premium LANDs offer a lot more benefits for their owners.
Landowners are also permitted to get involved in the governance of the Sandbox Metaverse. Once a user owns LAND, they can populate it with ASSETs and games. This digital piece of real estate can be used for anything. A single 1X1 plot of LAND in the Sandbox is 96 in width, 96 metres in length, and 128 metres in height (1 metre is equivalent to 32X32X32 voxels). Types of property users can buy in The Sandbox include: LANDĪ LAND is a non-fungible ERC-721 token on the Ethereum blockchain. The Alpha launch of The Sandbox metaverse occurred on 29 November 2021, after four years of development. Since then, the platform has received various investments and notable partnerships.
The team held an initial coin offering (ICO) in August 2020 and managed to raise 3.4 million USD from strategic investors to fund the development of The Sandbox.
The sandbox software#
In 2018, The Sandbox was acquired by a Hong Kong-based software company, Animoca Brands.įollowing the development of this blockchain-based game, The Sandbox has built the ground to establish the Players and Creators 100% Ownership Economy with LANDS and NFTs. The aim is to bring blockchain into mainstream gaming, attracting both crypto and non-crypto game enthusiasts.
The sandbox free#
Within this game, players are free to choose the activity they want to experience. This game was created to offer a virtual world where players can own, build, and own their gaming experiences. After creating mobile games, they took the opportunity to develop a 3D multiplayer platform using blockchain technology in 2017. The project was initially started on mobile platforms, which to date have gathered over 40 million global installs. Both have now become the company’s CEO and COO, respectively. The Sandbox was founded in 2011 by Arthur Madrid and Sébastien Borget. A group of adjacent LANDs could be merged to form an ESTATE, so owners can have a more extensive area to develop upon. There are only 166,464 LANDs in the Sandbox metaverse, making them a finite resource. LAND owners will be the voice of the Sandbox, meaning they will be involved in governing and determining the platform’s future via a decentralised autonomous organisation (DAO).Įach LAND in The Sandbox’s metaverse is a unique, non-fungible ERC-721 token on the Ethereum blockchain, meaning it’s unique and cannot be duplicated or forged. In addition, LANDs are an essential key that allows users to be involved in the governance of the Sandbox metaverse. Other monetisation opportunities include hosting events, renting their LAND to others, selling Ad space, and more. For example, some users can create games for other users to play, while others might build virtual dioramas or art galleries to sell their art NFTs. LAND, Sandbox’s virtual real estate, can be developed upon by its owners in a number of ways. Anyone can enter the virtual world of Sandbox, create an avatar, play, and chat with others. The platform provides a number of gaming experiences with a similar format and style to Minecraft, a popular video game developed by Mojang Studios. Within the Sandbox, designers and artists can create, share, and monetise gaming experiences and NFTs. The Sandbox is a community-driven virtual world on the Ethereum blockchain.
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