The Sandbox Coin: The SAND ERC-20 Utility Token on the Ethereum Blockchain

By Thomas J. Taylor

The Sandbox is a metaverse built on a blockchain focused on the world of games. The Sandbox platform allows developers to monetize gaming experiences on the Ethereum blockchain and create art galleries or other assets that enable creators to generate passive income.
Users interact in a vast virtual world similar to that of the famous Minecraft video game, and the Sandbox can export the models made in Minecraft to its land.
Sandbox is therefore a unique platform integrating blockchain technology in the gaming world.
On the Sandbox NFT market, an asset is a token that follows the ERC-1155 standard created and traded by users.
SAND is an Ethereum-based ERC-20 utility token that serves as the foundation for transactions in the Sandbox virtual world.

This book will show you:

• Why you should not neglect this crypto token
• What The Sandbox is
• What makes the Sandbox unique
• What SAND is
• How you can invest into SAND
• How to save SAND
• Why everyone likes SAND

• Language: English
• Publisher: Thomas J. Taylor
• Release date: Mar 29, 2022
• ISBN: 9798201469214

Thomas J. Taylor

Thomas J. Taylor is professionally involved with cryptocurrencies, banking and other financial services. He has published several books on Bitcoin, Ethereum, cryptocurrencies, technical analysis and other financial topics.

Book preview

What is The Sandbox (SAND) Metaverse?

The Sandbox is a metaverse built on blockchain focused on the world of games. The Sandbox platform allows developers to monetize gaming experiences on the Ethereum blockchain and create art galleries or other assets that enable creators to generate passive income. Users interact in a vast virtual world similar to that of the famous Minecraft video game, and the Sandbox can export the models made in Minecraft to its land. The price of its coins, SAND, has risen almost 300% in the last week after the company managed to raise $ 93 million in a funding round. As of press time, its price is $ 4.08.

VoxEdit

VoxEdit is a software that allows you to create, manipulate and animate voxel based NFTs and then sell them on the marketplace. The main feature of VoxEdit is its ease of use and the editor's potential. Big brands in the video game industry, such as Atari and Square Enix, use this tool in some games. On the other hand, the union of VoxEdit with the Ethereum blockchain allows giving an economic sense to the creations since it will enable them to be sold as NFTs. This union is one of the keys to the potential of The Sandbox.

Game maker

Game Maker is the tool that allows you to bring the NFTs created in VoxEdit to life. Game Maker is a free 3D game development platform that will enable you to build blockchain games without programming. Like VoxEdit, the key to Game Maker is the union of a game publisher with blockchain technology since it makes it easy to monetize the games created within The Sandbox. In the third quarter of 2021 alone, a total of 754,000 unique wallets played some blockchain games. Hence, the importance and potential of this union.

Not just games

Although the main objective of The Sandbox is to serve as a blockchain game development platform, it seems that its future intentions could go further. The gaming experience is very similar to the real world: the location of the lands and who the neighbors are becomes almost as important as the entertainment experience. This is how the game developer company defines it: Aminoca Brands. Therefore, it seems that it could also resemble other blockchain metaverses, such as Decentraland, although it also supports games.

Origins of The Sandbox and