The Sandbox is a Metaverse game, a Decentralized Virtual Reality Platform built on Ethereum’s Blockchain, where users can create, control, and sell their game experiences by using SAND, the platform’s utility token.
Created by Pixowl with the aim of disrupting the traditional game market, platforms have limited ownership and centralized control over user-generated material in the game marketplace. When playing SAND games, users have absolute ownership of the creations in their world.
At the time of 2018, the creator of The Sandbox – Pixowl decided to bring the User Generated Content game IP and the creator community from mobile phones into the blockchain ecosystem.
In The Sandbox metaverse, there are six different types of tokens. To build a closed economy among users will rely on four tokens SAND, ASSET, LAND and GAME. The other two are saved for use with VoxEdit when building content, GEM and CATALYST.
However, in this article we will only mention the SAND lauchpad token on Binance. This utility token can be used in The Sandbox for all transactions and interactions using the ERC-20 standard. This token is developed on the Ethereum blockchain used as the basis for transactions in SAND.
On November 4th, Elrond blockchain project (EGLD) has just announced to change its brand name to MultiversX to match the direction of metaverse development in the near future.
This is a new Layer-1 public blockchain structure project. It focuses on the scalability, efficiency, security, and interoperability of the Blockchain, while ensuring its decentralized nature.
This is a project that did IEO on Binance in 2019, receiving attention from the community. To date, as the metaverse segment has grown and has potential, Elrond has gradually shifted its focus to addressing scalability to enhance web3 and metaverse experiences.
The goal of Elrond Network is a global Blockchain with transaction speeds of up to 10k trx/sec, low latency and virtually negligible transaction fees.
STEPN is a self-styled “Web3 lifestyle app” with GameFi elements on the Solana blockchain. It combines aspects of a play-to-earn game with a fitness app to create a new category coined “move-to-earn.” Users buy NFT sneakers, which they can use to earn in-game currency while walking, running, or jogging.
STEPN aims to revolutionize the market of fitness applications by incentivizing millions of users to follow a healthier lifestyle. The app solves several problems like “proof of movement” – proving that users really exercised – and a functioning GPS system. Moreover, STEPN incentivizes users financially and plans to introduce social rewards elements and successfully contributes to carbon neutrality.
The unique point to attract users is that the real value the project brings through the fitness game players can lead a healthier lifestyle, besides earn tokens for that lifestyle and through the contribute positively to carbon neutrality. The former gives users emotional and financial rewards.
As a crypto investor myself, I have also participated in projects on Binance Launchpad. Because Binance’s most complete ecosystem today is an effective screening before investors come into contact with the project.
This is also the reason why the tokens that are launched on the platform are sought after by investors because at first it must be said that it is very difficult to buy, however, with the new method, anyone can buy it as long as you have BNB.
High profitability. Because I personally have had some success believing in Binance Coin and the IEOs on it.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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