Animoca Brands

You Did Not Play The Sandbox? You Should!

Metaverse is a digital world to facilitate gaming, and online communities and virtually creates a reality for different purposes. Many blockchain play to earn game developers use metaverse to make a virtual space for elaborate gaming experiences. So, as for today\’s game, the Sandbox, check game review, is a metaverse platform based on the Ethereum blockchain. This enables its users to play games to earn, build, sell and buy gaming experiences using SAND, LAND, and other tokens. It became publicly available as an alpha release in 2021.

The Sandbox began as a game builder simulator but soon in 2018, it made a transition into a blockchain development unit by Animoca Brands, a tech brand. It gives its users the opportunity to come together to create and monetize new products and sell them through tokens. The monetization of the Sandbox is through NFTs (Non-Fungible Tokens) or the platform’s utility token which is SAND. It is proving to be popular among users and creators. On March 2022, Sandbox hit 2 million users.

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The Sandbox

So, Why Should You Try The Sandbox?

The Sandbox players can build their own virtual LANDs and can develop different sorts of games through the products created or bought in order to monetize them. The games created can also attract people from around the world to test the gaming experience by playing to earn features.

Understand Sandbox

The Sandbox includes three main parts; Vox Edit, marketplace, and game maker. Vox Edit or Voxel software is where the Sandbox users create their ASSETS using blockchain as NFTs. ASSETS can be anything from a building or a part of it. These ASSETS are using 3D pixels called voxels. These voxels will help you build any asset and are reusable according to every game or virtual reality. There is a high demand for ASSETS that you can buy right away and use in LAND parcels making new realities.

The Sandbox Marketplace

Then comes the marketplace, where these ASSETS are tradable with other users. These in-game ASSETS will let all users develop their games or products after buying. The ownership of these ASSETS or NFTs lies in the marketplace and it becomes the platform for exchanging, buying, and selling with monetary gains.

The third feature of Sandbox is the game maker where the user can develop new 3D games and realities using the NFTs they created in the vox edit or they have bought from the marketplace. Absolutely no coding knowledge is required for the user to create the games in Sandbox and people from around the world can be part of this virtual reality.

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The Sandbox – Animoca Brands – Play to Earn

The NFT Frenzy in the Game

Sandbox is empowering its users and players through NFTs. The material gains of the users of Sandbox are through its digital ownership, security, trading, and cross-application of the ASSETS. It gives its users the liberty to develop their virtual LAND as they like for both crypto and non-crypto users and the owners of NFTs in Sandbox can also control the policies of the metaverse as there is no central authority and the owners are themselves the complete authority over their ASSETS.

Credible Regulations

There is a regulatory policy in the Sandbox marketplace to ensure equal opportunities for all but it doesn’t hinder the imagination of the creator of the digital world. Sandbox enables its users to use their ASSETS in other metaverse created on blockchain technology. The ASSETS are uploaded to the blockchain ecosystem through the marketplace of the Sandbox and these products are then converted into NFTs. The tokens add to the NFTs to monetize them. The tokens used in Sandbox are of three types; SAND, GEM, and CATALYST. SAND is the primary utility fungible token within the platform that helps in trading ASSETS on the marketplace. GEM and CATALYST show the scarcity and attributes of the ASSETS thus GEM is there to enhance those attributes while CATALYST provides the empty sockets or slots for the GEM to fill in to enhance the asset.

The SAND and LAND

SAND is the most important aspect of the Sandbox metaverse as it is the only way to buy a piece of the metaverse or LAND. The LAND is the digital piece of real estate in the metaverse. By using this LAND the owner can create any reality and experience they desire and want. Once someone buys LAND, the complete ownership of the LAND and everything on the LAND belongs to the owner. A total of 166,464 LANDs are available in the metaverse map that makes Sandbox.

Since there is a limited number of LAND therefore the landowners can also lease their LAND. Renting means that the parties will build fully functional games and worlds on the rented LAND. It is also a method of monetization without much effort. SAND is an ERC-20 token built on the Ethereum blockchain used for all the transactions in Sandbox be it for playing games, buying ASSETS, LANDs, or building or developing avatars.

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The Sandbox – play to earn

Take the Leap

In order to enter the metaverse of Sandbox, a user needs to create a crypto wallet. Sandbox supports MetaMask, Bitski, and Coinbase wallets. The best of these is MetaMask. To get the full experience of this virtual reality one has to create an account on the Sandbox website using the MetaMask wallet. Although Sandbox is not free-to-play and requires an initial investment, however, you will be able to earn back your investment and way more cash in a short period of time. If you still have not joined Sandbox, stop thinking and do it now before it gets too late.

Check out our other promising play to earn games in this blog.

Thank you for reading, and do share with your friends, if you like this article. More news here.

Meanwhile, have you checked out our Top 500 Best Play To Earn Games? Its the longest list in the whole universe, well of this planet will also do. All the p2e games are on there, game reviews and links to the pages. Check it out!

Animoca Brands – The Full Story

There is always a handful who bear the torch and lead the way in uncharted lands. Animoca Brands is one of those beacons in Web3, digital entertainment, video games, NFT, and the blockchain technology that is leading by example. Most of us who are familiar with games are already aware of this rising video game giant. However, if someone isn’t then delve right with us into the story of Animoca Brands and its fairy tale success.

Animoca Brands Suffers Ups and Downs Along the Way

Animoca Brands, like many other gaming companies, took off on conventional gaming focusing on mobile platforms. It was one of the biggest and leading mobile gaming companies in Asia until a tragedy struck in 2012. The company had a solid fanbase for its games with more than 40 million downloads on Apple’s App Store. They were sailing smoothly with annual revenue of over $20 million. However, Apple’s decision to deplatform Animoca due to the cross-promotion of its apps had a severe impact.

Fate Takes Auspicious Turn for Animoca

The fate took a turn for good after a couple of years in 2017 when Animoca Brands got into blockchain. Their very first venture was in a cute little meek blockchain and NFT game; CryptoKitties. The company’s decision to acquire CryptoKitties’ developers Fuel Powered and Axiom Zen was spot on. The game wasn’t supposed to be a huge hit when before its release, but it soared in popularity. Right at that time, Animoca also jumped into Dapper Labs and become its shareholders. It was the potential that NFTs have that made Animoca go all in into the domain.

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decentraland – Animoca Brands -video games – blockchain games

After that, it was as if Animoca had a hand of gold, whatever it touched turned gold. Animoca Brands was just getting started with its acquisition of Sky Mavis, the creator of the massively popular Axie Infinity game. Then the company also got its hand in OpenSea in the early days, now OpenSea is the world’s largest NFT marketplace. Besides, Animoca also owns Wax, Decentraland, and Sandbox. All of these are astronomically popular among gamers. All of these major buying and investing came in during 2018 and 2019.

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Animoca Brands Suffers Another Bump

However, it wasn’t all rainbows and sunshine after getting into crypto. Another deplatforming or delisting was waiting for Animoca. The company was publicly listed in Australia on ASX. The decision to indulge in NFTs and crypto led to Animoca losing its status on ASX. The event led to crunch time and valuation dropped drastically. But now, the company stands tall with more than a $5.7 billion valuation after several successful acquisitions. It might seem that it’s a walk in the park when it comes to acquiring companies, not for Animoca.

The Trick of the Trade

Animoca Brands is a serious prospect when it comes to research and development. Rigorous research takes place before each and every acquisition. The company looks at several different factors like gameplay, game category, market size, market competition, and finally the result of playtesting. Their research layout surely does work if we fare in Axie Infinity and Alien Worlds. Moreover, their success also lies in timing, Animoca Brands is more of a seed investor and series A investor in projects.

The shopping spree for Animoca continues all year round. Recently, the company entered into partnerships with Yuga Labs, OneFootball, Planet Hollywood, Cube Entertainment, and Untamed Planet. Despite the crypto winter the company didn’t stop investing in blockchain technology and Web3 projects. The mantra is still the same in 2022 invest in projects that are working on open metaverse, conducive, and innovative. Animoca’s commitment to this radical ecosystem is unwavering.

The Future of Web3 According to Animoca Brands

Animoca Brands believe that Web3 is an evolutionary phenomenon and it will become the new normal in the future just like the internet. Digital property rights, economic decentralization, and freedom will give become beneficial for billions. Moreover, according to Animoca, Web3 is still in its early days, and its application is also in the nascent stage just like how the internet and smartphones rolled out. They believe that the current market crash will not kill Web3, NFTs, open metaverses, and or cryptocurrency. These are cyclical variations and bumps along the way. The future is only apparent to those who see the broader perspective and consider the technology in the long-term view.

Animoca Brands Upcoming Titles

As for the upcoming titles, Animoca Brands is eyeing AAA titles with top-notch production. Titles like Life Beyond, Phantom Galaxies, and new partnerships indicating a football game, have us all revved up and excited.

Update Animoca: check out our story about Animoca Capital and the other about Animoca recent investment.

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Animoca Brands -video games – blockchain games

Check out this report on crypto gaming, and how it fared up in 2022.

Thank you for reading, and do share with your friends, if you like this article. More news here.

Meanwhile, have you checked out our Top 500 Best Play To Earn Games? Its the longest list in the whole universe, well of this planet will also do. All the p2e games are on there, game reviews and links to the pages. Check it out!