How can I buy SAND?Īlthough Sandbox has a built-in marketplace, you can only buy the SAND token outside the game. Tradingbeasts expects the token to reach $0.77 by September 2021 and $0.88 by 2022. Wallet Investor price prediction platform gives SAND $1.23 in a year. The hype around NFTs and the monetization opportunities in the game only add to its value. The asset is in demand among investors as it represents the new emerging generation of gaming where players have the freedom to own the metaverse and have handy tools to build in it. In January 2021, the token price was $0.43. SAND token grew tenfold from $0.06 to $0.6 in just one year. What is the SAND price prediction for 2021? Do your own research to make weighted and risk-aware decisions. No one knows where the LAND price goes in the future and how lucrative this investment will be. However, don’t consider this as investment advice. Some enthusiasts consider it a good investment to buy LAND now - and then, when the demand for it surges, you can rent this land to game designers who want to build their games on this parcel you can stake LAND when it will be possible let people host their shops or galleries on your land, and much more. The thing with it is that it’s scarce: there will never be more than 166K pieces of land in the Sandbox metaverse, while the interest in the game keeps growing. However, there’s an interesting option to earn with Sandbox that is available right now.Īs we’ve already mentioned, there is the LAND token in the Sandbox ecosystem that represents parcels of land that you can own in the game. This year, SAND held a mining event that ended in July staking SAND for rewards is only to be introduced.
Find the Sandbox full roadmap on their official website.
This year, Sandbox is planning to launch the Foundation DAO with SAND staking for voting on Creators Fund management continue regular LAND sales, enable multiplayer mode, and make the game available for different types of devices.īy 2022, Sandbox is planning to make sure that the game is available on consoles, will introduce new premium NFTs, provide over 1,000 games in the metaverse, activate new features in Game Maker, and more. Sandbox has quite a broad roadmap for 2021, 2022, and 2023. CATALYST and GEM give unique characteristics to ASSET that is used with LAND in the game flow. With LAND, you can buy a property which you can further merge and get ESTATE tokens. Also, it is a governance token, and soon, users will be able to stake it to earn rewards.īesides SAND, there are also a few assets in the Sandbox ecosystem - LAND, ESTATE, ASSET, CATALYST, and GEM tokens. The economy of Sandbox is based on SAND - an ERC-20 utility token that is used to enter the game, exchange items with other players, and so on.
Vo圎dit allows for building 3D models and designing game items Marketplace makes it possible to trade these items, and the Game Maker interface lets users build their own games with scenarios inside Sandbox using no-code solutions such as script templates. There are three main elements in the Sandbox’s ecosystem. Here, players can create their own items, mint them as NFTs, and monetize - there is an NFT marketplace working in Sandbox. Sandbox is a blockchain-based digital universe (or a so-called metaverse) built on Ethereum. Let’s see what it is and how users can monetize their game ‘property’. This gives users the unique ownership experience that makes them pay millions of dollars for digital land that has no tangible “real-world” value. Having an NFT guarantees that you own an item and no one can cheat and grab it, including the game’s dev team. Since then, many NFT games have emerged but with far more advanced features, game mechanics, and tokenomics.Īs never before in gaming history, today, players have cryptographically proven ownership of land parcels and game items in a digital universe. Remember CryptoKitties, a game for breeding cats that sparked record-high gas fees on Ethereum in 2017? It was one of the first ones to leverage the NFT format. Blockchain-based gaming is one of the most rapidly evolving domains of cryptocurrency.