Sandbox Investment Overview

Latest Sandbox Price

Sandbox Price Performance so far

Last 7 Days-1.4%
Last 1 Month-29.0%
Last 12 Months-16.7%

Is Sandbox a Good Investment?

Sandbox is a metaverse-integrated Game-Fi platform. It consists of a diverse 3D virtual world with tools for users to create any structure they wish. Users can earn rewards by playing the games hosted within its ecosystem. Users can purchase land and develop it into structures.

Members of the Sandbox can collaborate to build complexes, buy land, and create digital worlds for others to utilize. Digital landowners on Sandbox can monetize their digital assets by renting them out to others or charging users for visiting the facilities.

Key features of Sandbox

  • Sandbox is a Metaverse gaming ecosystem where users can create and monetize in-game assets and experiences. There are 3 features in the sandbox – VoxEdit which enables users to create 3D objects, Marketplace where they can publish and sell their assets and Game Maker which enables users to create 3D Games for free
  • The game uses the ERC 115 Token system which therefore enables both Fungible (Like a Cryptocurrency) and Non-Fungible Tokens (Like a Work of Art)
  • However, for the purpose of Cryptocurrency SAND, The Sandbox uses the popular ERC-20 standard. The Sandbox like every Metaverse operates like a tiny country where any commercial activity will need the SAND Cryptocurrency. Whether it is to play games, buy avatars, or equipment. The success or failure of SAND will depend on how many users come on board the Sandbox and buy and sell services in the Metaverse.
  • There is 1.5B SAND in circulation and the Market Cap is over 1 Billion.

Use Cases of Sandbox

Sandbox has developed into one of the Metaverse’s most well-known projects. However, due to extreme crypto market conditions, the metaverse gaming industry has been struggling lately. However, there are chances of the metaverse gaming industry regarding its mojo and more players flocking back to play their favorite games.

One of the best ways to increase the user base for Sandbox will be to increase its use cases. The metaverse gaming platform partnering with different brands builds its use case profile. The Sandbox team has secured 50+ partnerships to develop content on the platform.

Brands like Shaun the Sheep, dApp game studios like Dapper Labs (CryptoKitties), investors such as Square Enix (Final Fantasy, Tomb Raider), and gaming brand ATARI (Rollercoaster Tycoon, Pong) have partnered with Sandbox to build their dApps.

Apart from these Sandbox has succeeded in getting into multiple different partnerships. These include the top banks in the world like HSBC, which bought some Sandbox land. Esports franchise FaZe Clan also has a presence in The Sandbox.

Apart from these brands, famous personalities like skateboarder Tony Hawk, former tennis star Ana Ivanovic, and PSG soccer star Marco Verratti also have their presence on the Sandbox.

Who are the Competitors of Sandbox?

The metaverse gaming industry is now overcrowded. Companies like Meta, and Tencent are gradually entering the metaverse gaming world.

The success and popularity of The Sandbox are closely related to the success of SAND. This mutual relationship will only grow as the game could become a cornerstone in the gaming entertainment Industry.

  • Decentraland
  • Mona
  • Bullieverse Island
  • Vault Hill
  • Highstreet, etc.

How is Sandbox Different from the Rest of the Metaverse Gaming Platforms?

  • Sandbox not only serves as a gaming platform but also allows users to buy, sell, rent digital land, and be rewarded.
  • On Sandbox, users can create their independent Games and Generate revenue. Sandbox offers a set of tools made to make it easier for players to engage in encounters across the metaverse. Users are free to create their 3D gaming environments and digital objects based on their ideas.
  • Apart from this Sandbox has a very talented team working to make Sandbox one of the best metaverse platforms.
  • There are over 1,000 highly engaged creators and members from Korea and Sandbox is in an official partnership with SBS Seoul Game Academy.