The Sandbox - Could it be the biggest play-to-earn game in the metaverse?

The Sandbox (SAND)

What is the Sandbox?

The Sandbox is an online decentralized universe running on the Ethereum blockchain. Users can own plots of LAND, represented by NFTs, where they can build almost anything they want and interact with other users. Players use their SAND token to buy LAND (NFT's) and create their own virtual worlds.

Why does the Sandbox have value?

The Sandbox metaverse is highly customizable. It offers users a way of earning revenue while participating in games and social encounters on the platform. It could be the future of play-to-earn gaming. Many celebrities and popular brands are buying land and creating worlds in The Sandbox including Snoop Dogg, Atari, The Smurf’s, The Walking Dead, and more.

What are the benefits of the Sandbox?

●       Tokens can be staked for profits.

●       Environments created in the game can be used to earn profits.

●       Developers can create games inside the Sandbox metaverse (i.e. Apps on Facebook, etc.).

What are the disadvantages of the Sandbox?

●       Competitors, like Decentraland, have a higher market share.

●       It’s still early in play-to-earn gaming and the jury is still out on whether or not people will want to play blockchain games vs. traditional games.

What are SAND’s tokenomics?

The total supply is 3 billion SAND. 25.82% was reserved in a company reserve; 17.18% were sold in a seed round; 31% were distributed among the founders and development team; 12% were sold in the Binance Launchpad; and 10% were given to project advisors.

Who founded the Sandbox?

Arthur Madrid and Sebastien Borget.

Who are the Sandbox’s investors?

The Sandbox has conducted three funding rounds, raising over $95 million. The main investors are SoftBank, Blue Pool Capital, Kingsway Capital, Liberty City Ventures, Galaxy Interactive, True Global Ventures, Sterling.VC, B Cryptos, Square Enix, Mindfulness Capital, and AngelHub.

Concise Crypto Grade:

B+  :Sandbox has an all-star cast of VC’s and celebrities that are involved in the project. Leading firms like Softbank and Galaxy Interactive plus celebrities like Kevin Durant, Justin Timberlake, and Katy Perry have all invested in The Sandbox. Right now, the gameplay is still a little slow and there aren’t that many monthly active users playing The Sandbox (30,000 MAU vs. Roblox at 202 million MAU). As the metaverse gains in popularity and more people spend their time and resources in the metaverse The Sandbox is set to capitalize on the trend.

Where can I buy SAND?

Binance, Huobi Global, KuCoin, Bithumb, Gate.io, FTX, Uniswap.

What ecosystem does the Sandbox run on?

Ethereum