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The Sandbox, a virtual world on the Ethereum blockchain, allows players to create, own, and monetize gaming experiences using NFTs and its utility token, $SAND. The platform, which has raised $4.5M USD since 2018, aims to build a decentralized gaming platform where users can create, play, share, collect, and trade without central control, with secure ownership established through NFTs.
The Sandbox, a virtual world where players can build, own, and monetize their gaming experiences on the Ethereum blockchain using NFTs and $SAND, the platform’s utility token, was introduced by Sandboxgame, represented by COO & Co-Founder Sebastien BORGET1. The platform, a pioneer in blockchain gaming and NFTs, has its $SAND tokens listed on multiple platforms including Binance Global, Binance KR, Huobi, Upbit Korea, Crypto.com, Poloniex, WazirX, Kyber Network and WBF1.
The Sandbox merges user-generated content (UGC) with NFTs, enabling anyone to create their own NFTs using VoxEdit, their 3D Editor1. It encourages players and creators to make NFTs with VoxEdit, sell and trade them on their marketplace, create games with their GameMaker, and play, stake & earn $SAND1. The $SAND token serves multiple purposes on The Sandbox platform, including being a medium of exchange, allowing holders to participate in governance decisions, and enabling users to stake $SAND tokens to earn rewards1.
Since its development in July 2018, The Sandbox has raised $4.5M USD from investors including Hashed, True Global Ventures and Square Enix1. The platform boasts over 60 partnerships with game companies such as Atari, decentralized games like Crypto Kitties, and major brands such as Shaun the Sheep, Rollercoaster Tycoon, and Care Bears1. The Sandbox's ultimate goal is to build a decentralized gaming platform where creators can craft, play, share, collect, and trade without central control, with secure ownership established through the use of NFTs1.
Posted 3 years ago
Last reply 3 years ago
Summary updated 2 months ago
Last updated 04/12 00:18