The Sandbox Metaverso e NFT – a virtual world that runs on the ecosystem of an Ethereum-based Sandbox gaming blockchain project, using the native SAND token, NFT tokens, and other integrated tools. The alpha version of the metaverse was launched in November 2021. Users could purchase early access on the marketplace OpenSea such as NFTs and other media. The editors of cryptomais.com will talk about what the Sandbox metaverse is like in the early stages of development.
The Sandbox Alpha: Possibilities of the Metaverse
Alpha version The Sandbox universe has currently completed its first season, with plans for a second. What was done during the event:
- Over 5,000,000 SAND distributed
- 5000 Alpha Pass (access keys) distributed
- 15,000 NFT tokens distributed
Alpha Hub was visited by over 200,000 people, 90% of whom responded positively to the developments. In total, participants spent over 150,000 hours in the game. Users moved, communicated and played in a virtual 3D space, choosing from a variety of sites.
An Alpha Pass (an NFT ticket that entitles you to all features and exclusive rewards) is required to fully access the season’s content. Players without an Alpha Pass could still access full challenges and the Alpha Hub multiplayer, which included a wide variety of sites and missions, as well as communication with other players. However, users would not be able to earn currency without a pass.
Ways to get the Alpha Pass (will probably be relevant for Season 2):
- Alpha Raffle Giveaway (only for LAND owners, i.e. land in the metaverse). In this way, 1000 passes were raffled. Each section offers an additional chance to win.
- Daily competitions on social media (Twitter, Discord). 750 passes were distributed among those who subscribed to the newsletter and participated in competitions on social platforms.
- Buy on the secondary market using OpenSea. Some participants who won the pass through the above methods sold it on OpenSea as an NFT token. Of course, the prices are not suitable for everyone – above $10,000.
Players without an Alpha Pass had access to three games, several websites and missions, as well as the ability to interact with other participants. The pass was distributed in NFT format to user wallets, for example, Metamask.
A second season of Sandbox Alpha is planned, and it will also be open to everyone. This time, the creators will distribute even more passes, add new rewards, new types of activities, a number of interesting surprises and much more. The dates have not yet been announced.
Impressions of the first participants
Locations accessible without a pass:
- Dum-Yz Dungeon. The NPC gives a sword that can be used to kill monsters. Then the quest begins, which includes simple logic tasks and parkour elements. At the end of the second test, the player collects a chest containing armor that gives the character defense points.
- NFT Institute. It is a museum located in a beautiful building with a glass roof. Inside there are NFT collections, Snoop Dogg's stage where his compositions are played.
- Club XYZ. A virtual nightclub with a futuristic design where Deadmau5 performs, you can dance and chat with people.
To access the metaverse you need to download Windows client from the official website and also login via email.
Players generally respond positively to the new universe. First of all, the graphics and controls work perfectly and do not lag. The gameplay is reminiscent of Minecraft and a bit of Fortnite. One of the downsides is the music, which always plays in a loop and ends up being very annoying.
Without a pass, there is still not much to do in the digital world, but opportunities will increase. We will probably have the opportunity to delve deeper into this universe.
Properties in the Sandbox
The excitement around metaverses has resulted in Sandbox land showing incredible earning potential. For example, in November, one of the sites was sold for $4.3 million. And in early December someone it gave $450,000 for a plot of land near Snoop Dogg's turf.
The Sandbox co-founder Sebastien Borget is convinced that this is just the beginning and that a fundamentally new economy will emerge in the future. As the virtual world develops, it will become increasingly easier for people to create and sell items, play games, earn money and trade digital real estate. Total platform sales 2019 to date is equivalent to US$211+ million. Borje believes the possibilities of digital real estate could grow 200x in 15 to 17 months.
Blockchain technology is extremely useful in allowing users to own the content they create or purchase. Each plot in the metaverse represents an NFT that is exclusively controlled by its owner. Even the most common plots of land in this project are very expensive today, but in the future they could fetch even more.
December 23 Sandbox announced, that PwC Hong Kong has acquired a plot of land in the metaverse. It is a pioneer in the globally recognized professional services network and the first member to publicly join the Sandbox across all PwC businesses.
William Ji, partner at PwC Hong Kong, said the metaverse offers new opportunities to create value through innovative business models and new ways of interacting with customers.
See also: how to buy land in the metaverse.
The role of the SAND token
Symbol SAND is an ERC-20 token on the Ethereum blockchain. It acts as a means of exchange in the ecosystem, that is, it is used to buy/sell land, assets, bonuses, avatar features, etc.
- Platform management.
- Upload your own creations to the marketplace to monetize them.
- Bets with which you can get rare rewards.
- Access to some paid games.
- Reward for game actions.
- Payment for the services of artists and designers.
- Holding competitions.
The developers do not plan to burn any SAND tokens. All assets consumed by users are returned to the ecosystem and can be used to support content creators and for the staking pool.
What other promising metaverses are there?
In addition to The Sandbox, the following metaverse-related projects dominate the markets:
- Decentralized. Symbol – WHERE. Players can manage virtual lands and host various events, such as music concerts. The company was founded in 2016 by Esteban Ordano and Ari Meilich. Both started with 2D games and later expanded into large-scale 3D virtual worlds, introducing the concept of valuable items in the form of NFTs.
- Motor.Token – ENJ. This project is more focused on creating in-game NFT items. A software development kit (SDK) has been successfully released to make the process of creating Ethereum-based NFTs easier for regular users and organizations. NFTs created using Enjin can be exchanged for ENJ. These advantages give the project every chance of becoming an important part of the metaverse industry.
- Blocktopia. The token is BLOCK. This virtual reality metaverse is a 21-story skyscraper designed for communication, work, and entertainment. The premises are available for rent. Bloktopia is built on the Polygon (MATIC) network. The platform offers gamers tools to create their projects and even advertising spaces.
Frequently asked questions
Conclusion
The Sandbox metaverse, like other digital worlds on the blockchain, has endless possibilities. Artists, gamers, and developers have enormous potential for work and income, as well as for establishing new business connections. Future value metaversos valued at trillions of dollars. It will probably become commonplace to buy, communicate and conduct business through the virtual universe. However, it cannot be said that this will happen anytime soon. Although everything is in the early stages of development, developers are just feeling the waters and yet they are doing it very effectively.