Collectors, gamers and traders can now use the SAND token from the upcoming virtual world The Sandbox on the open marketplace Opensea. People trading on the marketplace can use the recently launched token to sell or buy digital assets from the game. SAND is the only currency used in the ecosystem of The Sandbox.
Opensea is the first platform where SAND from The Sandbox can be used aside from trading platforms like Uniswap and Binance. The token from The Sandbox is the only way gamers are able to acquire any of the virtual land parcels in the upcoming land sale next week.
When The Sandbox fully launches its virtual game world later this year, gamers will be able to use SAND in-game. The token is used for all kinds of in-game payments, ranging from gaining entry into tournaments to the main currency at all in-game shops.
There’s currently a 15 ETH estate right next to Atari for sale. It would require 118 thousand SAND to buy those nine parcels of land all together. Having a location next to a popular attraction is important, because that’s one of the key ways to generate traffic to your land.
Next week on September 15th the second wave of the fourth pre-sale round will start. The Sandbox will be selling 4536 land parcels over a four day period. Every day they will sell more than one thousand land parcels. It’s important to know that all land parcels are sold with a ten percent discount. One land parcel costs $43.10. In terms of SAND that would be approximately 750 SAND.
In addition to the regular parcels, there are premium lands. These premium land parcels are located at excellent locations and come with four digital assets. However, they are also more expensive with a $100 price tag.
The blockchain stores each land parcel and each asset as a separate non-fungible token. This way everybody can be sure that the item has a certain rarity. In addition owners are free to use these items in the game, keep them in their wallets or sell them on an open marketplace.
What is The Sandbox?
The Sandbox is one of the blockchain-powered virtual worlds currently in development. The beta test will launch later this year, but before that time there will be one more pre-sale. During this pre-sale gamers, businesses and investors can buy virtual land with a discount. You can register now to make sure you’re not missing out.
The virtual world of The Sandbox consists out of lands, and voxels fill up each of those lands. Visually it will remind many gamers of Minecraft, as both games have this Lego-inspired look to them. However, players are able to buy virtual land and implement any form of monetization. These virtual lands can become mini-games, adventures, virtual shops, extensions of actual webshops, a space for social gatherings, and so on.
The Sandbox is providing free tools for developers, gamers and content creators. Creators can use VoxEdit to make objects. In addition the Game Maker allows users to create interactivity on their virtual land. The Sandbox will also create a meta gaming experience. Players can for example do daily quests or weekly quests for their guild. This will earn players SAND, which they can sell or use to buy in-game items. This system is called play-to-earn.
Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he’s a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He’s a communication consultant for blockchain start-ups and writes not only for Play to Earn, but also other dapp websites and tech magazines.