The Sandbox (SAND) is a platform for creating and launching decentralized games built on the Ethereum blockchain. It allows users to create, develop and monetize their own virtual worlds and gaming applications.The Sandbox was created in 2012, but was later transferred to the Ethereum blockchain to provide a more secure and transparent interaction between users and players.
The platform allows users to create 3D models, objects and landscapes that can be used in games. In addition, The Sandbox provides a set of tools for developing game mechanics, managing the economy and monetizing game applications.A key component of the platform is the NFT (non-fungible token) SAND token, which is used as the main currency in The Sandbox ecosystem and allows players to own unique items and content inside the game, as well as provides transparency and security of transactions between players.
Users can earn SAND by selling their game objects and content to other users, playing games created by other players, as well as participating in the economic system of the platform. This allows for economic stimulation for all participants of the platform and creates opportunities for the creation of new games and content.The Sandbox also plans to release its own blockchain network, which will be used to launch games and applications on the platform, which attracts the attention of major investors and partners such as Atari, Square Enix and Binance.
This will improve the performance, security and scalability of games on The Sandbox. For investors, SAND represents an interesting opportunity, since the cryptocurrency has a fairly high market capitalization and widespread use in The Sandbox ecosystem.