After Facebook’s rebranding into “Meta” in late 2021, the concept of Metaverse and gaming has gained immense popularity. Metaverse platform has transformed the way people interact with each other and their surroundings. You can own virtual assets and become owners of in-game digital goods. And with the ongoing hype, Sandbox got into the spotlight.
Sandbox is a gaming blockchain-enabled project developed by Pixowl. It allows a unique virtual experience for users to unleash their creativity and imagination. Sandbox is a play-to-earn game in a three-dimensional metaverse that enables users to contribute to the virtual world by playing, creating, and designing their own games, digital assets, and avatars.
Sand is the token for The Sandbox ecosystem used as a medium for transactions and interactions. There is only a finite supply of 3,000,000,000 SAND. Sandbox leverages the ethereum blockchain for tracking ownership of digital land and NFT assets. You can store your Sand tokens in your Ethereum wallet.
Buying Digital Land
You must be wondering what the heck is digital land? People buy land and property to build their homes or sell them for higher profit. And this exact thing is now done virtually. Digital land is a virtual land. If we are talking about The Sandbox, you can buy your digital land there and build anything over it or sell for higher profit.
How Snoop Dogg is helping The Sandbox?
With celebrities like Snoop Dogg promoting the platform has helped them gain more users. A piece of land near Snoop Dogg’s virtual mansion was sold for $ 4.3 million. You can see the hype and revolution metaverse has brought in for the world. People are buying pieces of virtual land, and it has been selling for crazy prices. A piece of land of $100 a year ago would now cost more than $10,000.
Where To Buy?
The Sand token is available on almost all popular crypto exchanges like Binance, UPbit, Huobi, Uniswap, Kucoin, LCX, Gemini, Latoken, BitMart, MXC, Tokocrypto, WazirX, Bithumb, and many more. You can buy it from almost any crypto exchange.
Meet The Team & Investors
The company was founded by Arthur Madrid(CEO) and Sébastien Borget(COO), and Marcelo Santurio(CFO). Sandbox raised a funding of $93 million from investors led by the Japanese mobile giant SoftBank.
The platform is doing a great job in doing collaborations and partnerships. Till now Sandbox has collaborated with Snoop Dogg, The Walking Dead, Adidas, South China Morning Post, The Smurfs, Hell’s Kitchen, Roller Coaster Tycoon World, Samsung Next, LG Technology Ventures, Polygon Studios, and many more. You can see all these big brands and artists collaborating with Sandbox and the reason is the way it tends to transform the world and technology.
Sandbox token gave a return of 10,000% in 8 months. So can it be a good investment? Like most altcoins, it can be a risky investment at the moment. But we can see the world moving towards the Metaverse. Companies like Disney, Roblox, Nvidia are all creating their very own metaverse world. And this very much ensures that sooner or later, metaverse is going to become the reality of the world. And to profit out of it, you can invest in the cryptos that are building the Metaverse.