The Sandbox Made Another Million from Land Sale

The virtual world of The Sandbox has no problems finding an audience, as they sold 1 million dollars worth of virtual land over the weekend. On Thursday 1024 land parcels were gone in 60 seconds, while larger estates were auctioned on OpenSea.

Among the auctions was one estate of 24 by 24 land parcels. These 576 land parcels were auctioned for 1.2 million SAND tokens, or more than $281 thousand. According to DappRadar this sale reached the 7th spot on the weekly Top 10 NFT Sales.

"In February 2021 alone, we sold for over 3 million dollars in NFTs during The Sandbox public land sales. That's more than 2019-2020 combined", The Sandbox chief Sebastien Borget wrote on Twitter. It's important to note that these millions include The Sandbox premium land sales, which include character NFTs.

The Sandbox doesn't have a working product yet, but the first users will soon be able to try out an early version of the game. Right now this gaming virtual world has 5266 individual owners. Approximately half of all land has been sold, while only 166.454 land parcels will ever be available.

The Sandbox will use their revenue to develop and improve their current creator tools, like for example VoxEdit and GameMaker. In addition they will add money to the development fund, allowing community members to create high quality games for in The Sandbox.

The Sandbox Season 0

The Sandbox is getting ready to launch Season 0 of its virtual world. The pre-launch event will feature a limited amount of game experiences, which will unlock over a period of time. Season 0 will only be accessible by landowners, but might open up to more gamers along the way.

The event will offer more than forty different game experiences with a variety of gameplay mechanics. Some will be challenging platforming games, other are more social hubs or adventure role playing games. According to the announcement there will also be faction levels.

The Sandbox is giving 1000 SAND (~200 dollars at this moment) to the first thousand players who complete all the pre-season objectives. There are also smaller amounts of SAND to be earned while playing. In addition players can spend their earned tokens on in-game assets.

What is The Sandbox?

The Sandbox is one of the blockchain-powered virtual worlds currently in development. The virtual world of The Sandbox consists out of lands, and voxels fill up each of those lands. Visually it will remind many gamers of Minecraft, as both games have this Lego-inspired look to them. However, players are able to buy virtual land and implement any form of monetization. These virtual lands can become mini-games, adventures, virtual shops, extensions of actual webshops, a space for social gatherings, and so on.

The Sandbox is providing free tools for developers, gamers and content creators. Creators can use VoxEdit to make objects. In addition the Game Maker allows users to create interactivity on their virtual land. The Sandbox will also create a meta gaming experience. Players can for example do daily quests or weekly quests for their guild. This will earn players SAND, which they can sell or use to buy in-game items or virtual land.

Over the past twelve months The Sandbox has been setting up all kinds of partnerships. Think about Care Bears, The Smurfs and Atari. In addition they’ve created a game fund to stimulate developers to create unique games within The Sandbox. Hack The Tao, Mushroom Mania, Planet Rift and Dethrone are some of these indie games.

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