The Sandbox is a play-to-earn game that uses blockchain technology, DeFi, and NFTs to create a 3D metaverse. The virtual https://crypto.games/ world allows players to customize and create their own games and digital assets using free design tools. The game can be thought of as a DeFi version of Minecraft on the blockchain.
You can then monetize the virtual goods you create with NFTs and sell them on The Sandbox Marketplace for SAND tokens, the native crypto of the game. SAND is used for all transactions and interactions within the game. You can earn SAND by playing in contests and games in The Sandbox or by buying it on cryptocurrency exchanges.
To access different games, environments, and hubs in The Sandbox, players have to create their avatars. The Sandbox was originally a mobile gaming platform that was meant to compete with Minecraft. It was a huge success and has been downloaded more than tens of millions of times worldwide.
In 2018, Arthur Madrid and Sebastien Bourget, the co-founders of the app, decided to explore the possibility of creating a 3D metaverse using blockchain technology. They want users to be able to own their creations using NFTs and receive rewards for participating in the ecosystem. The Sandbox project, which was launched in 2020, became one of the most popular crypto games, competing in popularity with Axie Infinity and Decentraland.
In November 2021, The Sandbox received $93 million funding from SoftBank, a Japanese mobile company. The game attracted more than 50 partners, including Atari, a well-known gaming company, CryptoKitties, The Walking Dead, and rapper Snoop Dogg.
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