The Sandbox's game engine is built on top of Unity. The ERC-20 standard is used for the SAND, GEM, and CATALYST tokens, while ERC-1155 and ERC-721 standards are used for the storage and trading of LAND and ASSETS.Īn overview of the overall Sandbox architecture is shown below: IPFS is used to store all related information of ASSETS, and ensures that this information cannot be changed without the permission from respective owners.
The Sandbox platform currently runs exclusively on Ethereum, which is used to record the ownership of tokens and allow owners to transfer, sell, or use them without restrictions. With the help of visual scripting tools, no coding knowledge is required. The Sandbox's Game Maker allows players to build 3D games for free. ASSETS can be sold by making a sale offer on the Marketplace. ASSETS are first uploaded into an InterPlanetary File System (IPFS) network and then registered on the Ethereum blockchain to prove ownership. The Sandbox’s Marketplace allows users to upload, publish, and sell their ASSETS made in Vo圎dit. Voxels, which are the equivalent of square 3D pixels similar to building blocks, can be manipulated using Vo圎dit to easily create ASSETS. Vo圎dit is a 3D voxel modeling package that allows users to create and animate 3D objects such as people, animals, foliage, and tools. The Sandbox further benefits users by allowing them to secure copyright ownership of UGC through the implementation of NFT standards. The Sandbox platform consists of three integrated products that together provide a comprehensive experience for the production of User-Generated Content (UGC). March 2020 : Announced partnership with Atari.
May 2020 : Released alpha version of Game Maker and released beta version of Vo圎dit.Īpril 2020 : Introduced GEMs and CATALYSTs and the Value System. June 2020 : Released private beta of Game Maker and Treasure Hunt. July 2020 : Announced LAND presale 4 and introduced The Sandbox's Transportation System. As of the time of writing, the Foundation has funded over 15 game projects and granted 100 artists to produce NFTs. The Foundation supports the ecosystem of The Sandbox, offering grants to incentivize high quality content and game production on the platform. A total of 26.50% of all SAND transaction volume goes back into the Foundation. The other 95% of all transacted value is collected from LAND sales, premium NFT sales, and subscription services. The Sandbox platform utilizes a fee capture model, where 5% of all transacted value is being collected from marketplace transaction fees. Through the use of ERC-1776, The Sandbox allows platform users to initate transactions on the Ethereum blockchain while transaction gas fees are paid by the platform, optimizing overall user experience. Players can then rent them or populate them with content to increase the LAND's value.īuilding Games on the Game Maker : Build and monetize games using the Game Maker on the LANDs that are owned by players. Owning a LAND : Buy a LAND in one of the LAND sales. Selling ASSETS : Users can create and sell ASSETS on the marketplace as NFTs. Users can monetize their time on the platform, keeping 95% of SAND as revenue share, by: The higher the quality of the CATALYST, the more sockets your ASSET will have.
CATALYST adds empty sockets to the NFTs that can be filled with GEMs. GEM and CATALYST defines the tier, scarcity, and attributes of ASSET. Multiple LANDs can be combined to form an ESTATE.Ī total of 166,464 LANDs will ever be available, contained in a map that will form The Sandbox metaverse. Once player owns a piece of LAND, the player will be able to populate it with games and ASSETS. Players can create digital assets in the form of Non-Fungible Tokens (NFTs), upload them to the marketplace, and integrate into games with Game Maker.Ī LAND is a digital piece of real estate in The Sandbox metaverse that players can buy to build experiences on top of. The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences on the Ethereum blockchain using the platform’s utility token SAND.
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