The Sandbox is an innovative game that is based on the Ethereum blockchain where players can buy land and populate it with digital assets designed as NFTs, using the dedicated token.
The non-fungible tokens can be created by the players themselves, who can then sell them in the marketplace or integrate them into the game.
The game is based around access to a total of 166,464 LAND. LAND tokens are digital “pieces of land” that form the universe of The Sandbox.
The Sandbox token, SAND, must be used to buy LAND and NFTs.
The Sandbox on Binance Launchpad
The Sandbox has recently been integrated into Binance Launchpad, the Binance platform that launches new tokens. Binance Launchpad has started a lottery for BNB token holders to distribute SAND tokens.
Along with the lottery, the regular token sale on Binance Launchpad will distribute 12% of the total supply of SAND tokens, equivalent to 360 million tokens for $0.0083. The sale will begin on August 13th.
As stated by Sèbastien Borget, COO and co-founder of The Sandbox:
“Imagine a creative game world where anything you create and earn is truly yours – you could transfer it, sell it, or do anything you wish with your content, right at your fingertips. That power is made possible within The Sandbox gaming metaverse by enabling our community of content creators, gamers, and virtual real estate owners to truly own all their digital content and creations, using NFTs”.
How to use SAND tokens
SAND tokens (which have a total supply of 3 billion) have a triple use:
- Serve as a means of exchange within the game of The Sandbox, to buy LAND, as well as NFTs within the marketplace.
- They allow to participate in the governance, giving the right to vote or delegating other players to vote;
- They can be staked for rewards.
The Sandbox has a DAO (Decentralized Autonomous Organization) style governance system.
Although the game has not yet been launched, the community of The Sandbox is already very large, with over 750,000 followers distributed among Facebook, Discord, Telegram and the other social channels of the platform.
Over 15,000 users have connected their wallets to The Sandbox.
The Foundation supports the project, which will soon see the launch of Vox Edit 1.0 (the platform where users can create their own items), and the Game Maker where they can build their own metaverse.
In 2021 an app will also be launched to play from smartphones and tablets, while in 2022 the game will be released on consoles.