With the development of the Metaverse, the gaming industry has invested more and more resources in the blockchain, and the Sandbox can be said to be one of the most popular blockchain game projects. Many large enterprises and celebrities have invested in The Sandbox. This is a virtual land. In this article, we are going to discuss exactly how to buy land in the sandbox.
About The Sandbox
The Sandbox, also known as Sandbox, is a decentralized and open metaverse blockchain game built on the Ethereum blockchain, with Play to Earn as one of the concepts.
In this virtual world, players can use the platform’s non-fungible tokens (NFTs) and game tokens (SAND) to create and own their own game worlds on the Ethereum blockchain, and they can also profit from them.
The Sandbox was launched by Pixowl in 2011 as a platform for mobile gaming to rival Minecraft, which is one of the world’s largest platforms for independent user-generated content and gaming, with over 40 million downloads and over 1 million monthly active users.
Different corporations are currently invested in the sandbox: branded apparel, news media, film and television entertainment, catering and tourism, technology companies, public transport, and even banking giants. Others are South China Morning Post, HSBC, Standard Chartered, New World Development Group, Adidas Originals, PricewaterhouseCoopers, Warner Music Group, PCCW, HKT, MTR Corporation Limited, Ubisoft, Play Magnus Group (PMG), Regal Hotels Group, Ocean Park Hong Kong, Gucci, Nike, Adidas Singapore Digital Management company DWM, American high-tech sports menswear brand ASRV, France’s top fashion magazine “L’OFFICIEL”, Thailand Bank of Commerce (SCB), etc.
American rap superstar Snoop Dogg has a plot in the sandbox.
How to buy land at The Sandbox?
There are two main ways to buy land at The Sandbox.
1. Buy land on Sandbox’s official website.
The Sandbox official website will release land from time to time, usually announcing the news a few days before the release. You can follow Sandbox’s official social media accounts for the latest land purchase information.
At the same time, The Sandbox will also issue a whitelist from time to time, and those who have obtained the whitelist can buy land at a more favorable price.
2. Go to OpenSea to buy it.
Since The Sandbox is one of the most popular metaverse projects at the moment, the land on the official website is hard to grab. Therefore, many players will choose to buy second-hand land on the NFT trading platform OpenSea, but its price will be relatively higher.
We can click “Map” on The Sandbox’s official website and then click “Sale” to view the land that is currently for sale.
Why some land are more expensive
Sandbox has a total of 166,464 plots, of which 123,840 are available for sale, 25,920 are allocated as rewards to partners, creators, and players, and 16,704 are used as venues for events and games. The base unit for the purchase of land is a minimum of 1×1, followed by 3×3, then 6×6, 12×12, or 24×24.
At present, many big companies have bought land in Sandbox. According to the official statement, the land next to the big companies will be more valuable. These lands are called premium lands. Land owned by large enterprises will have a lot of traffic in the future, and since the virtual land is like the real world, the land next to it will easily have more traffic in the future, and the price also, will be higher.
The Sandbox Land Purchase (Step by Step)
Buying land on the sandbox official website is relatively simple. It is mainly divided into the following 5 steps:
Step 1: Go to The Sandbox official website and click “Sign In” in the upper right corner.
Step 2: Click “Connect with Metamask” to connect Metamask. Once linked, a sandbox account will be opened.
Step 3: Go to The Sandbox official website again, and click “Map” in the item column on the left.
Step 4: Click on the property that you want to buy. The red squares are the land purchased by oneself, the orange squares are the land for sale, the yellow squares are the premium land, and the white squares are the land that can be purchased immediately on Open sea.
Step 5: Click on the land price in the lower right corner. The price of land will be denominated in ETH or SAND. After you find the land you want to buy, you can click the [Bid] button to make an offer, or click the ETH amount to buy it at a fixed price.
Let’s analyze how to bid. First click on [Bid].
You will see a popup window asking you to quote. Enter the bid amount and click [Bid], then confirm the transaction with the wallet. If the seller rejects your bid or the sale ends, the cryptocurrency will be returned to your wallet.
If you click Fixed Price, the page will jump to OpenSea to complete the transaction, after which your land can be used for self-build, lease, or transfer.