DECENTRALAND
DECENTRALAND
Coin: THE SANDBOX (SAND)
The Sandbox was launched in 2012 on the Ethereum blockchain and is one of the largest three-dimensional virtual worlds where users can build, own, and monetise their experience.
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Tokenomics
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Security
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Scalability
Refers to the blockchains ability to support increasing loads of transactions over time.
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Decentralisation
Refers to the degree to which control & power of a blockahin network is dispersed across a network and not controlled by a central authority.
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Applications
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Team & Developers
Refers to the experience, knowledge and strength of the projects core team & developer community (ie. Github).
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Usage & Adoption
Refers to how widely used and adopted the projects core applications are by the broader economy.
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Community Strength
Refers to the size, loyalty and legitimacy of a projects community across Twitter, Reddit, Discord, Youtube & more.
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Overall Rating
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Investors:
Binance Labs, Square Enix, HASHED, True Global Ventures
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Disclaimer: Platypus Terminal does not provide any investment advice, nor is anything mentioned an offer to sell, or a solicitation of an offer to buy any security or other instrument. Under no circumstances should investments be based solely on the information provided. We do not guarantee the security or completeness of our information, and are not held liable.
The Sandbox was launched in 2012 on the Ethereum blockchain and is one of the largest three-dimensional virtual worlds where users can build, own, and monetise their experience. The community-driven and user-generated platform allows users to monetise gaming experiences and own digital assets on the blockchain. The native token of the Sandbox is SAND which can be used to purchase items to customise your avatar, land, other assets and perform staking. The Sandbox virtual world comprises of digital LAND, which are NFTs that can be bought, sold, and modified like real-world real estate.
Developers use this land to create games and earn SAND as a reward. The Sandbox has seen exponential growth in land prices as demand for the metaverse is increasing. Users are allowed to customise their experience with free and simple design tools. The combination of NFTs and Decentralised Autonomous Organisations (DAOs) make a decentralised platform for a thriving gaming community.
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Articles related to THE SANDBOX (SAND)
The Metaverse | Digital Ownership in a Decentralised Environment
