Press & Media

For press opportunities please contact [email protected]

EducationalDecember 8, 2021

WHAT IS THE SANDBOX?

Shubham Goyal
Product Specialist
December 8, 2021

A world is under construction. A world that, in some forsaken way, is a replica of the one that we live in, except that we won’t really live there, except that we will. We often hear the word ‘universe’ in reference to a fully functioning digital world. But personally, we go with the word ‘civilization.’ It is a universal digital civilization with its own conceptual economy.

WHAT IS THE SANDOX?

Sandbox is a virtual gaming world that is built on the Ethereum blockchain. Gamers can quite practically carry out art, asset, and other monetary transactions. Gamers can buy a plot of land, create what they want there and sell their creation to other gamers. It’s almost like monetizing your digital gaming experiences.

The digital gaming world would head-first enter the Metaverse as soon as it becomes a reality because, in a way, the gaming space is a replica of the Metaverse that is to come. With monetary transactions already in place for digital assets like avatars, skins, powers, suits, shields, cars, and others, the transactions are only being converted into Crypto coins for the gaming platforms.

WHY THE SANDBOX METAVERSE ECOSYSTEM THE NEXT BIG THING?

Digital assets are being bought and sold as Non-fungible tokens. Currently, the Sandbox platform is the enabler that makes sure your entry to the virtual world is seamlessly accessible. Believe us; this is far more familiar than you know.

Currently, Sandbox offers 3 core platform features:

  • Vox-Edit
  • Game Maker
  • Marketplace

Supposedly, you create a Godzilla on the Sandbox based on your intuition and interest. This is much like making a Godzilla on a computer with pixels, except here, you would make that with voxels. Once created, you can convert them to an NFT, own it, and even monetize it.

It might take a second to rationalize this trade. In the physical world, need creates scarcity and thus adds value to anything that can quench the need. However, in the virtual world, it is scarcity that creates value.

In a way, it is an inverted civilization where purpose and reason take the least space.

There is no real ‘utility to the land you purchase or the snake you carve out of voxels; expect that the Sandbox creates a value that ceases to make sense out of the ‘meta’ (beyond physical) world.

This could sound a little ‘Alice in her virtual land,’ but that is precisely what it must sound like.

With the Metaverse waiting to make its grand entry to construct a point in time where our existence extends beyond our physical presence, it is only obvious to trade and own virtual assets.

When the world goes virtual, digital assets are going to be our only flexes.

When millions of gamers come together to harvest, own, trade, and monetize these assets, it breaks out from being merely conceptual and becomes an existential reality. Real because millions of people believed it into existence.

WHAT IS A SAND TOKEN?

Now that we understand the sand ecosystem, its behavior, and the conceptual scope of the future, let’s look at the utility of the SAND token.

Sand is the utility token that converts these assets into transactional values. Think of it as a cent for the Sand platform. So if you are wondering if Sand token is a good investment, here are a few statistics that can help you decide. SAND until a month ago was pretty unheard of but has soared in value exponentially in the last ten days. It grew by three times its value in the last ten days! Sand tokens all-time high had gone by to $8.41 in merely a year. It started just at $0.40 back in 2020.

SAND is an ERC-20 utility coin built on Ethereum blocks, created by Pixowell to facilitate exploration and creation in the meta world. The Sandbox token total supply is set at 3,000,000,000 coins.

The SAND Foundation receives 50% of all SAND transactions derived from LAND sales, premium NFT sales, and transaction fees in order to support the ecosystem of The Sandbox and promote the adoption of NFTs and Metaverse.

You can now buy or trade SAND on Delta Crypto Exchange! An exciting concept worth investing in, right? Here is how you can leverage your SAND trade on Delta and make the best out of your limited resource and 100% leverage bandwidth.

TRADE SAND PERPETUAL SWAPS ON DELTA

Anyone who has been in the crypto space for a while has come across derivatives exchanges. Delta is a decentralized exchange platform that offers futures, swaps and options on top 70+ cryptocurrencies and DeFi tokens. You can trade SAND perpetual swaps on delta with 20x leverage.

You might also like
Educational
Custodial vs. Non-Custodial NFTs: What’s the Difference?

As the world is discovering the varied functionalities and tokenization- both in the digital and physical world, the demand...As the world is discovering the varied functionalities and tokenization- both in the digital and physical world, the demand...

Shubham Goyal
October 26, 2021
Shubham Goyal
October 26, 2021
Educational
What is Metaverse? How does Crypto fit into it?

Simply put, a metaverse is a space where humans can interact in a shared virtual universe that combines different virtual...Simply put, a metaverse is a space where humans can interact in a shared virtual universe that combines different virtual...

Shubham Goyal
October 25, 2021
Shubham Goyal
October 25, 2021
Educational
Are NFTs Worth Investing?

Non-Fungible Tokens (NFTs) have become exceedingly popular in 2021. And why shouldn’t they? They’re a novel idea! NFTs are...Non-Fungible Tokens (NFTs) have become exceedingly popular in 2021. And why shouldn’t they? They’re a novel idea! NFTs are...

Shubham Goyal
June 28, 2021
Shubham Goyal
June 28, 2021
Stay Connected With News, Updates And More
Your email address is stored securely and updates are pertinent to cryptocurrency trading. We do not spam.