With the world going mad for everything metaverse-related, a less-known project caught our eye this week. It started way back in 2011, but the Sandbox seems to be hitting its stride exactly ten years later! A 325% gain for their SAND token since October is also a very strong signal.
So, in this video, we’ll tell you everything about the Sandbox - what it is exactly, who are its founders, its competitive advantages, the chart of the SAND token, as well as who has invested in the idea, and what you need to know before its big launch at the end of the month!
Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations and NFTs, the Sandbox created a decentralized platform for a thriving gaming community.
The Sandbox is a unique platform because it introduces blockchain technology to the world of gaming. The gaming industry is a huge untapped market when it comes to the adoption of blockchain tech, and Pixowl saw that in 2011.
By creating a universe where gamers can create and collect blockchain-based assets, the Sandbox aims to revolutionize the market. It makes a niche for itself in the global market of gaming even though there are many competitors nowadays.
Sandbox’s creation tools in beta mode have more than 30,000 active users each month. Its virtual real estate lands have more than 12,000 unique owners in the community. The total value of the virtual world exceeds $2bn at the time of recording and there are more than 165 partners, including Snoop Dogg, The Walking Dead, the Smurfs, Deadmau5, and Care Bears own LAND.
This one looks like a winner right now, but what do you guys think? Is it unique enough to keep growing? Or will it lose the race with Roblox (NYSE:RBLX), Decentraland, and the future Facebook (NASDAQ:FB) project? Let us know in the comments!