The Sandbox Tokens: LANDS
Our players will soon be able to purchase pieces of our gaming Metaverse, aka. LANDS, in our first presale event. Read this article to learn all about LANDS.
What is LAND in The Sandbox?
A LAND is a digital piece of real estate in The Sandbox metaverse that players can buy to build experiences on top of. Once you own a LAND, you will be able to populate it with Games and Assets. Each LAND is a unique (non-fungible) token lying on the public Ethereum blockchain (ERC-721).
A total of 166,464 LANDS will ever be available, contained in a map that will form The Sandbox metaverse.
Two different parcel types are available on The Sandbox map:
- LAND: The basic sandbox unit on the map. Each LAND comprises 96x96 meters in the game world — just big enough to enable all types of blockchain game experiences
- ESTATE: An ESTATE is the combination of multiple LANDS.
What can you do with a LAND?
LAND is the epicenter of The Sandbox metaverse. LANDS are sandboxes that will allow you to:
Play and create games
LAND is your ticket to a creative world you can customize, populate with ASSETS, and bring to life as a space to play in, explore, or just host friends for social experiences.
LANDS allows you to monetize your gaming experiences in various ways. You can choose to charge others (in SAND) to visit your LAND, to play your games, or potentially sell your LAND at a profit after you customize it.
Participate in the metaverse governance
LAND ownership grants you a voice in governance of The Sandbox: get involved in determining the future of the platform!
Host contests and events
And get rewards for it.
Why buy LAND now?
Buying a LAND allows you to build a gaming world that you fully own and control. Your LAND is indisputably yours forever unless you choose to sell it or give it away.
Getting your LAND in the first Presale (starting early December) will ensure you get it at the best price, through our early adopter discount. LAND is a finite commodity available at the lowest price for the first entrants. Over time, the sale price will increase, so it’s always a better deal to buy early.
Owning LAND lets you be among the first to offer a gaming experience in The Sandbox and it’s always better to be a first-mover before the platform gets crowded with competing experiences. The first builders have a chance to create defining experiences on a new platform — the first arcade game, the first puzzle adventure, etc.
In a nutshell, LAND ownership allows you to be the FIRST to:
- Secure desirable locations from the finite amount of LAND in The Sandbox
- Participate in gameplay in The Sandbox
- Host games or experiences on your LAND
- Monetize your investment by hosting gameplay or renting the LAND
- Organize contests and events on your LAND
- Participate in metaverse governance
But most importantly, it is via your LAND that you can build, create, and own your gaming world!
Future LAND possibilities:
⦿ LAND DISTRICTS
A shared vision
When an ESTATE is owned by several players, we call it a DISTRICT. Owners of a DISTRICT will be entitled to special governance rules that affect all the experiences within. This feature will be available in future releases.
We want to allow decentralized autonomous organizations (DAOs) to emerge from the Metaverse. As examples of a DAO, ESTATES offer a way for LAND owners to share a vision, a project, and build it together
For an ESTATE to become a DISTRICT, it must meet the following qualifications:
- LANDS must be adjacent.
- There must be a minimum of 2 unique owners.
- Each owner involved must stake a certain amount of SAND.
- DISTRICT approval is submitted to a vote.
DISTRICTs will act as natural hotspots within the Metaverse, driving projects and traffic. They offer players and creators the opportunity to create a landmark.
⦿ RENTING LANDS
Owning LAND in The Sandbox can bring a source of passive income if you rent it to Game Makers to allow them to utilize it.
A different way to monetize
- LAND Owners can rent their LAND to Game creators, monetizing their LANDS without having to create games.
- Game Creators can publish and monetize their games on their LAND.
⦿ GAME MAKER
The Game Maker is The Sandbox’s visual scripting tool that will allow players to terraform a LAND and then place elements and a logic layer on it to create games.
Our GameMaker tool will offer 3 levels of complexity to create your game:
- Basic : Expand game templates with new levels and challenges
- Advanced : Add new elements and give your game a unique look and feel
- Expert : Tweak behaviours and create new gameplays
Your games and ASSETS remain your property. You will be free to monetize them using our SAND currency, and trade everything you create in The Sandbox Marketplace.