What is The Sandbox EDU? Here’s all you need to know about this popular crypto game!
In November 2021, Facebook announced the renaming of its parent company to Meta Platforms. This change follows the vision of CEO Mark Zuckerberg who wants to develop Metaverse, a virtual world where users can socialize, do various activities including recreation to study. Since this change in the name of parent company Facebook, crypto assets in virtual world gaming applications have experienced a spike in price, including SAND, The Sandbox token.
In the world of cryptocurrencies, the term metaverse has been used to describe a virtual world ecosystem where users can interact as they please in a decentralized network. Now, Sandbox is one of the most popular metaverse games on the Ethereum network besides Decentraland (MANA) and Axie Infinity (AXS).
Definition of Sandbox EDU NFT
The Sandbox (SAND) is a decentralized virtual world game that runs on the Ethereum network. It is one of the most popular decentralized applications or DApps on the Ethereum blockchain. In it, each player can create any game and experience they want which can then be accessed by other players.
Like other blockchain games, all assets in the Sandbox are NFTs that can be traded on the marketplace. SAND is The Sandbox’s crypto asset that is used for various in-game activities and as a governance token.
Who created the Sandbox EDU?
The Sandbox company was created in 2011 by Arthur Madrid (CEO) and Sébastien Borget (COO). After making various kinds of mobile games for cellphones. in 2018 they were offered the opportunity to create a blockchain-based game. This game will use the foundation of the Sandbox mode, which is also the name of a type of game where players are free to choose the activity they want to do.
The Sandbox uses blockchain technology to leverage user-generated content and tokenomics. In August 2020, the Sandbox Team held an initial coin offering (ICO) and raised $3 million dollars to fund the development of the Sandbox.
How Sandbox EDU works
Sandbox is a virtual world game where players are given the freedom of choice. Source: Animoca
The Sandbox provides an experience of playing in a virtual world where you are free to enter the activity you want. In Sandbox, each tile of the map is divided into squares called LAND. Each LAND contains activities and game modes that are shaped according to who created them.
Several LAND plots can form an ESTATE which is usually based on a certain theme. You can enter a LAND or ESTATE using a SAND as a ticket. This is what makes the potential of Sandbox unlimited because it focuses on the creativity of the Sandbox user community.
All players who own a LAND can use several Sandbox products to create their own game modes, fill the LAND with various objects, and also sell any assets they own. This is achieved using three applications, namely Voxedit, game maker, and marketplace Sandbox.
- Voxedit: The application edits 3d voxel models that become the visual graphics of the Sandbox game. With Voxedit you can create various kinds of objects and allow animation of 3D objects such as humans, equipment, to a dragon!
- ️ Marketplace: A Sandbox Market that sells all assets from the game such as LAND, clothes for avatars, and various other items. Of course, all of these objects are in the form of NFT.
- Game maker: This product is the foundation of the game Sandbox because game maker allows anyone to create 3D games without the need for coding knowledge. In the hands of a community, tools like this can create limitless possibilities.
SAND, LAND and ASSETS Tokens
The sandbox itself has 3 different tokens with each different function. The Sandbox company also explained that the sharing of these tokens is an effort to make a business economy that continues to spin.
SAND is an ERC-20 standard token used in The Sandbox as a currency for all transactions interacting with the Sandbox ecosystem. This token acts as a utility token that you will use to play Sandbox because you need SAND to enter each LAND. In addition, SAND also acts as a token used for staking on the Sandbox network.
Complete map of the Sandbox, many large companies have already bought LAND. Source: Medium Sandbox
LAND is a Non-fungible token (NFT) standard ERC-721 Ethereum token. Sandbox players purchase LAND to fill it with games, assets and interactive experiences. Not just players, companies like Adidas and Opera to Axie Infinity and Cryptokitties bought LAND with the aim of creating an interactive experience for their community in the Sandbox. Apart from LAND, ESTATES is a collection of LANDs that are intentionally combined to create a complete interaction. For example, a Halloween themed ESTATES with a vehicle concept where each LAND has a different interaction.
ASSETS is an ERC-1155 standard token that can be traded on the Sandbox marketplace. This token contains a collection of items or items that have the same theme or small parts of a collection such as clothes for your avatar.
How to play Sandbox EDU?
Currently, you can only play in the Alpha Sandbox test which will be launched on November 29, 2021. This Alpha stage is limited to 5,000 players and you can register here. Here are the steps on how to play Sandbox.
- Buy some SAND tokens so you can play Sandbox
- Create a new account on the Sandbox site here using your Metamask or email
- Create your own avatar
- Alpha Sandbox mode list
- Download the game Sandbox
- Have a nice play!
SAND as an investment instrument?
SAND is the default token of The Sandbox blockchain. As can be seen in the chart above, this coin only experienced a price increase in early November. Previously, game coins were rarely seen as an attractive investment potential. However, along with the announcement of Metaverse, several coins that have the same concept began to experience price increases.
In addition, this increase follows several partnerships that Sandbox announced and the announcement of big brands buying LAND in the Sandbox metaverse such as Adidas and Atari. The increase in the price of SAND follows the increasing popularity of the gaming industry within cryptocurrencies. In the same period, Decentraland (MANA), Enjin (ENJ), and Axie Infinity (AXS) all experienced price increases although not as drastic as SAND’s nearly 1,000%.
The rise of this new industry provides a golden opportunity for those of you who want to invest in new projects with great potential. You need to identify what sets these projects apart and see the pros and cons of each. One thing for sure is the metaverse industry still has a long way to go. The sandbox has just entered the alpha stage, whose functionality is still limited.
The gaming DApps industry has great potential for risk-taking investors. Always remember to do DYOR (do your own research).
- Sandbox EDU is a metaverse virtual world game built on the Ethereum blockchain network. where you are given the freedom to choose to do whatever activity you like
- Most of the content in the Sandbox is created by other players. This gives creativity control back to the Sandbox user community and makes its potential limitless.
- As an asset, Sandbox has enormous potential as it is still at an early stage of development. However, this potential also carries its own risks because we do not yet know how far the gaming industry in the crypto world will develop.