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Final Chance To Buy The Sandbox Crypto! SAND Token Explained!
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Mar 11, 2022
Final Chance To Buy The Sandbox Crypto! SAND Token Explained!
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0:00
we previously discussed the metaverse's
0:02
potential and what it means for how
0:03
crypto platforms will be built in the
0:05
future in the channel
0:06
we discussed decentraland in that video
0:09
and how well they were positioned to
0:10
grab the top spot in the metaverse
0:13
however a new metaverse in town has
0:15
emerged from the shadows and is vying
0:16
for first place in the race
0:18
welcome back to another episode of the
0:20
channel
0:21
furthermore we will do a comparison with
0:23
decentraland the topic's main competitor
0:26
in the latter half of 2021 facebook
0:29
declared that it would rebrand as meta
0:31
in order to keep up with current
0:32
internet developments
0:34
some if not all metaverse projects saw a
0:37
rise in popularity as a result of the
0:39
announcement
0:40
decentraland which was already making a
0:42
case for becoming the best metaverse
0:44
platform ever was one of the projects
0:46
hit
0:47
however it promoted the popularity of a
0:49
particular sandbox game aptly named
0:51
sandbox
0:53
sandbox has no place in the blockchain
0:55
world before
0:56
pixal the business behind the game had
0:59
no prior experience with cryptocurrency
1:02
they were a tiny group of individuals
1:04
who would create games for the enjoyment
1:05
of others
1:07
they created the sandbox evolution a 2d
1:09
mobile game in 2012 which is still
1:12
available on the play store
1:14
this game served as the foundation for
1:16
the sandbox that we know today
1:18
after a few years the game evolved into
1:20
a more immersive 3d experience for
1:22
gamers
1:23
after that animoko brands purchased the
1:26
company and they had big ambitions for
1:28
the game's future
1:29
animoko wanted to learn more about
1:31
blockchain technology and decided that
1:33
pixel was the best team for the job
1:36
anamoco wanted them to create a game
1:37
that was completely based on the
1:39
ethereum blockchain so that they could
1:40
accept various investments to grow the
1:42
game
1:43
they were successful in achieving their
1:45
goal
1:46
all of this began in 2018 and after a
1:49
few years the game's alpha was finally
1:51
released in november 2021 much later
1:53
than the intended release date
1:55
but it worked out because it was at this
1:57
time when facebook revealed its redesign
1:59
which helped improve the platform's
2:01
popularity
2:02
the sandbox is now a lot like
2:04
decentraland which is a 3d virtual world
2:06
that allows clients to own up to 166 000
2:10
pieces of land in the game and utilize
2:12
them whatever they want in the sandbox
2:14
it can be divided into domains claimed
2:16
by a single player or regions controlled
2:18
by at least two players
2:20
the game makes use of the blockchain's
2:22
ability to generate revenue from the
2:23
lands that users buy
2:25
the land can be utilized for whatever
2:27
purpose the landowner desires
2:30
a player must utilize vox edit to design
2:32
the lands which is a full tool that
2:34
contains a modeler animator and nft
2:36
builder
2:37
this tool is quite simple to use yet the
2:40
possibilities for incredible creations
2:42
are limitless
2:43
avatars in this game may be made using
2:45
box edit which is a neat feature of the
2:47
platform thanks to the nft developer
2:50
in the network there is also a
2:51
marketplace where users can create their
2:53
own nfts and sell them for a profit
2:56
sandbox has risen in the crypto ranks as
2:58
a result of the trades and transactions
3:00
that have been made
3:02
in fact according to deal volume it is
3:04
one of the top 10 nft initiatives
3:07
the owners can now alter the lands and
3:08
their use in addition to the lands
3:10
themselves
3:12
allowing other users to rent the land
3:14
for a fee is one example
3:16
sandbox is also built up to be like a
3:18
video game with missions games and other
3:20
challenges for users to complete in
3:22
order to earn rewards
3:24
this is because pixel has a lengthy
3:26
history of developing and deploying
3:27
games for pc and mobile platforms and
3:30
they've worked with some of the greatest
3:31
names in the industry
3:33
pixel's game creation experience is
3:35
unrivaled by others and their future
3:37
appears bright
3:38
while most individuals are still
3:40
deciding what they want to accomplish in
3:41
2022 sandbox is already planning for
3:44
2023
3:46
they aim to make the game cross platform
3:48
so that pc and mobile gamers may
3:50
communicate with one another without
3:51
having to worry about the system
3:53
they also intend to introduce the
3:55
metaverse to both xbox and playstation
3:57
gamers according to reports
3:59
they also hope to release over 5000
4:01
additional games of various genres on
4:03
the platform for players to enjoy and
4:05
earn tokens with thanks to funding from
4:07
their sandbox foundation
4:09
they also intend to build in-game
4:10
employment that will allow players to
4:12
work and manage their businesses while
4:14
playing
4:15
this indicates that the sandbox universe
4:17
would like to create a world in which
4:18
currency and employment exist
4:21
they have a couple of companies backing
4:22
them up when it comes to money
4:24
adidas south china post atari samsung
4:28
next lg kingsway capital and many others
4:31
are among their partners
4:33
the walking dead hell's kitchen and the
4:35
care bears are among the tv shows and
4:37
cartoons that have expressed interest in
4:39
the platform
4:40
however the most intriguing cooperation
4:42
they may have created is with snoop dogg
4:44
the motherflippin double g himself
4:47
this is intriguing since it implies that
4:49
virtual concerts in sandbox will become
4:51
a reality in the future with snoop dogg
4:53
likely to be one of the musicians
4:55
performing
4:56
however we are only speculating
4:59
let's discuss about the tokens price and
5:01
future expectations now
5:03
each sand is now priced at an astounding
5:05
3.26 cents at the time of writing this
5:08
video
5:09
more than mana but not excessively so
5:12
the price difference between the tokens
5:14
is insignificant
5:15
despite the fact that sand is currently
5:17
more valued than mana its market
5:19
capitalization is lower at roughly 3.5
5:22
billion dollars
5:23
because there is less supply and
5:25
circulation this is the case
5:27
currently slightly over 1.09 billion
5:30
tokens have been released which is only
5:32
36 of the total supply
5:35
because there is no scarcity if they
5:37
also release all of it the token's value
5:39
will plummet
5:40
but what do forecasts suggest about the
5:42
price of sand in the future
5:44
let's go to trading beasts first
5:46
they forecast a 10 increase in the coins
5:49
price to 3.88 by the end of the year
5:53
the token will continue to rise in value
5:55
over time
5:56
they expect the coin to reach a price of
5:58
6.64 by 2025.
6:01
in 2025 the best case scenario for them
6:04
is a price of eight dollars and thirty
6:06
cents
6:07
according to the website crypto quadriga
6:09
the currency will have an incredible
6:11
bullish run in 2022.
6:13
isn't that insane
6:15
according to sandbox if everything goes
6:17
their way the coin may increase to 15
6:20
and 74 cents this year
6:22
that however is the best case situation
6:26
the lowest projected price for sand in
6:28
2025 will be around six dollars with a
6:30
maximum price of 27.59
6:34
they also forecast that by 2026 to 2028
6:37
the coin will be worth roughly 30 to 50
6:41
however this will be a long time from
6:43
now and a lot can change in the market
6:45
so conduct your own study today digital
6:48
coin price has taken care of our
6:49
previous forecast
6:51
according to them the coin will end the
6:53
year on a high note with a price of four
6:55
dollars and 11 cents in december 2022
6:58
they estimate that the coin will be
7:00
worth roughly 6.83 dollars and 2025
7:03
which is a significant increase
7:05
finally they expect sand to slow down in
7:08
the long run
7:09
they estimate that the token will be
7:11
worth 15 and 40 cents by 2030.
7:14
the tokens are being utilized for a
7:16
variety of purposes
7:18
buying nfts and selling them in the
7:20
market is of course the most prevalent
7:22
application
7:23
you can also lease some areas with the
7:25
tokens and utilize them for your own
7:27
purposes till your rent is due
7:29
in sandbox land purchase is also a
7:31
possibility
7:33
there was once a plot of land in the
7:34
game that sold for 11 000
7:37
if you think that price is fair keep in
7:39
mind that that was the smallest parcel
7:41
of land sold
7:42
people are not scared to acquire land in
7:44
this area as evidenced by the thousands
7:46
of dollars paid for land close to snoop
7:48
dogg's mansion in sandbox
7:50
there was also a piece of real estate
7:52
that sold for almost 874 000
7:55
last year
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the most expensive of them was a plot of
7:58
property purchased by republic realm for
8:00
a whopping 4.3 million dollars
8:03
however with such a vast sum of money
8:05
others may claim that yeah but coin
8:07
mining is harmful for the environment
8:09
blah blah
8:11
don't worry about it since they've
8:12
teamed up with polygon a firm that
8:14
attempts to limit the amount of carbon
8:16
produced into the atmosphere when mining
8:17
for cryptocurrencies
8:19
the game's carbon footprint will be
8:21
greatly reduced thanks to polygon
8:23
you can also stake the tokens because
8:25
they are standard erc 20 tokens which
8:27
means you can stake them and get staking
8:29
incentives as a token holder
8:31
you can't dispute with how sandbox is
8:33
developing thanks to the movements and
8:35
collaborations it is making along the
8:36
way whether you love it or detest it
8:38
because you are the biggest supporter of
8:40
decentraland
8:41
and since its introduction in november
8:43
2021 an increasing number of individuals
8:46
appear to be intrigued in the token and
8:48
want to learn more about sandbox
8:50
thank you for sticking with the video
8:51
all the way to the finish
8:53
if you love the video please give it a
8:55
thumbs up
8:56
you can also subscribe to help us
8:58
develop as a channel so that we can
8:59
reach more people and make more videos
9:01
like this
9:02
if you're interested in watching a film
9:04
on sandbox's primary competitor
9:06
decentraland you may do so here
9:09
also leave a comment below with your
9:11
opinions on sandbox for a chance to be
9:13
featured in the future video
9:15
keep yourself safe and have a good time
9:17
cashing out