Square Enix Invested in Blockchain Game The Sandbox

Final Fantasy? Dragon Quest Builders? Tomb Raider? What’s coming to The Sandbox?

Robert Hoogendoorn
Mar 20 · 3 min read

Japanese games publisher Square Enix is one of the latest investors in the blockchain-powered virtual world game The Sandbox. Together with several investment companies Square Enix pumped 2.01 million dollars in cash and cryptocurrencies into the blockchain-powered virtual world. Animoca Brands announced the deal on Friday after the company was no longer listed on the Australian Securities Exchange.

It’s unknown how Square Enix will furthermore be involved in The Sandbox. However, the studio recently teased that a major games industry company is going to build something within the metaverse of The Sandbox. After this investment by Square Enix, it only makes sense that they will build something within the metaverse.

Square Enix Co Ltd. develops, publishes and licenses Square Enix, Eidos and Taito branded video games. This includes brands like Final Fantasy, Dragon Quest, Tomb Raider, and Space Invaders. With the Dragon Quest Builders series the company already has some experience in working with voxels, which could provide some inspiration for their work within The Sandbox.

Square Enix received SAND

The investors have received utility tokens (SAND), which is also the in-game currency within The Sandbox, and a simple agreement for future equity convertible securities.

What is The Sandbox?

Within this game world everybody will be using SAND as a digital currency. Gamers, developers and publishers will use this Ethereum-based utility token. It will allow content creators to monetize their work, building a platform made by and for gamers.

Players and companies can buy land, and build anything on it. Ownership over virtual land is stored on the Ethereum blockchain. Users can sell their land whenever they want on any public marketplace. Using VoxEdit and upcoming Game Maker software new game experiences can be made by anybody.

The Sandbox Third Land Sale map
The Sandbox Third Land Sale map

TSB Gaming has already done two LAND sales, in which gamers and investors can buy virtual land within the world of The Sandbox. So far the company raised 1300 ETH by selling more than ten thousand LANDs in two pre-sale events.

The third LAND sale will start on Tuesday, March 31st, 1PM GMT. This time the game studios will sell ten percent of its total land supply, which means 12.384 parcels will be available on a first come first serve basis. Ten percent of the available LAND will be for community giveaways.


Play to Earn is a digital publication spread out over a variety of platforms including Medium, Twitter, Substack and its own website www.playtoearn.online. It’s solely about blockchain gaming and related topics, aimed to educate and inform. Because we write about decentralized gaming, we’ve also created our own website using decentralized hosting through IPFS.

Play to Earn

Play to Earn is all about blockchain games. We write about technical developments, changes in game design, and how blockchain games change social and economic aspects within the games industry.

Robert Hoogendoorn

Written by

Content Creator & Optimization Expert. Building Play to Earn. Learning about blockchain every day, sharing my knowledge and passion.

Play to Earn

Play to Earn is all about blockchain games. We write about technical developments, changes in game design, and how blockchain games change social and economic aspects within the games industry.

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