# Sandbox-Fundamental analysis By [Megablock_Gem](https://paragraph.com/@megablock-gem) · 2022-11-19 --- TLDR ---- The **pros** of The Sandbox project are as follows: * It brings monetization to the traditional gaming system with the help of blockchain technology. * The founding team has solid experience and success in sandbox games. * The platform is integrated with many renowned partners. * The token economy of SAND is pretty decent. * Use cases of the SAND token are sufficient to let it grow in the future. * The platform would eventually expand to iOS, Android, and gaming console devices. However, the **Cons** of The Sandbox project are as follows: * The platform has no detailed plan to integrate VR technology with the games. * There are already many popular sandbox games in the market with a very loyal community who may not be willing to switch to Sandbox What is Sandbox --------------- Sandbox is a **Metaverse** Game built on the Ethereum blockchain Sandbox is a **Play-to-Earn** game with NFTs where players can * Build * Own * Monetize their gaming experience Problems Sandbox solve? ----------------------- With a **decentralized**, community-based, and blockchain-based platform, Sandbox aims to benefit its users by building a system where creators will be able to craft, play, share, and trade without central control, enjoying secure copyright ownership with the ability to earn SAND. ![](https://storage.googleapis.com/papyrus_images/6cc21188fb2cf1ce737d91c8bf02f587e6b91e253a7e98fa2a5a0f229d2f5f43.jpg) * **True Digital Ownership:** Players will be the actual owners of their in-game digital items * **Tradability of Assets:** Every in-game item will be tokenized in the form of an NFT, making it freely tradeable on the marketplaces * **Cross-Application Interoperability:** Sandbox enables games to utilize shared assets. These in-game items would no longer be confined to a narrow ecosystem Sandbox Ecosystem ----------------- ![Sandbox Ecosystem with three main products](https://storage.googleapis.com/papyrus_images/30e5a469cab3f33ea2976632799f257804a48628902a8483920819177e8ddeb6.png) Sandbox Ecosystem with three main products ### Vox Edit * VoxEdit is a tool for artists where they can create 3D in-game assets for The Sandbox ecosystem such as people, animals, tools, etc. * These in-game assets can then either be used by the artists in the game or placed in the market for sale. ![](https://storage.googleapis.com/papyrus_images/ba921f0d46932a291979e05179f0871d2d1784e7e0b9803489cf425756255bce.jpg) ![](https://storage.googleapis.com/papyrus_images/69342a02331e5a46ef4ca203455587c9a4266bbc4a8bb9ca2e6bc675f8d54069.gif) ### Market Place Creators may now sell their **VoxEdit** creations for NFTs in an open marketplace created by the Sandbox. This marketplace is home to numerous well-known collections, including those from Atari, the Smurfs, Binance, Gemini, Coinmarketcap, and many more. ![](https://storage.googleapis.com/papyrus_images/4a8010cb6f679fa62236ec879506b5db025394fd39630139ef50ae5ce15d7eb7.gif) ### Sandbox Game and Game Maker * Sandbox Game and Game Make is the most important component of Sandbox * After purchasing a LAND, a user can create a game on the land and place their in-game assets, which can either be created on VoxEdit or purchased from the marketplace. * Through Game Maker, users can decorate their LAND with assets and incorporate gameplay features by assigning predefined behaviors to the assets. This can turn up a barren LAND into a full-fledged game. ![](https://storage.googleapis.com/papyrus_images/c7fec8266325afcc1a0913fc7bc61e4c0ab62b9ca41a7b24a696b07a244e6a8d.gif) Team ---- Sandbox was founded by **experienced and professional** team of members who work at companies related to games or Blockchain.  CEO & COO, Director, and Co-Founder of the Sandbox are **Sebastian Bourget** and **Arthur Madrid,** commissioned by Pixal, a company based in San Francisco. * Arthur Madrid - a long-time social gaming entrepreneur and advisor to many gaming, social media, and software startups. Co-founder and CEO at Pixowl, Board Member at Animoca Brands. * Sebastien Borget - Co-founder and COO at Pixowl, former COO at Wixi Inc and 1-Click Media Networks, President of the Blockchain Game Alliance. Sandbox Token $SAND ------------------- SAND is the in-house utility and governance token of the Sandbox ecosystem. It is an ERC-20 token built on the Ethereum Blockchain Network. The primary use cases of the SAND token are as follows ![](https://storage.googleapis.com/papyrus_images/dc501894805a69eb7ffbc2ef9095be3e5e3c6b2e4f7d03e3c7b69a896155626f.png) **Fee**: 5% of total SAND transactions would be allocated towards reward distribution. Out of this 5%, 50% would be given to the staked SAND tokens ![](https://storage.googleapis.com/papyrus_images/53d332686d5aeec4d6e2928b020e66ef927e003c7f4882891a66cd79b6b18e78.png) Tokenomics ---------- ### a. Token Allocation ![](https://storage.googleapis.com/papyrus_images/69754dd530c605e056868c905468475a2b761f4cfa4cba5dd879f3cc03ddba0f.png) ![Sandbox token distribution](https://storage.googleapis.com/papyrus_images/a82685490d153f90d74d5d2a0b87b6a04f575fa104e038376acc1dfcca345877.jpg) Sandbox token distribution ### b. Vesting Schedule Even though the total supply of $SAND has reached the critical value of Max Supply (3M tokens), only 1.5M are in circulation (50% of total supply). That means a lot more locked $SAND still needs to be published (1.5M tokens) The vesting schedule for $SAND is illustrated below; following that, $SAND will be released every 5 months until 2025. Please remember that when a token is released, there is more supply in the market, and the selling pressure increases, pushing the price down. ![Vesting schedule of SAND until 2025](https://storage.googleapis.com/papyrus_images/104b3cb9d9df654f1f5baf6f0a9894121aa75170ba5afe0d3c03f66615b6418c.jpg) Vesting schedule of SAND until 2025 ### c. Token governance and the use of funds The Sandbox team has used approximately 65.00% of funds raised according to the allocations below: * 52.31% Team * 27.69% Development * 15.38% Marketing * 4.62% Administrative The Sandbox team holds its funds in crypto, stablecoins, and fiat currencies. Funds are stored in crypto exchanges with 2FA authentication, and EUR bank accounts. Movement of funds requires the approval of at least 2 out of the 3 executives of The Sandbox. Funding and Price Statistics ---------------------------- Sandbox is only Gaming Project launched on Binance with a fund of $3M and ROI +6,276% on 2020. Recently, the Sandbox has raised $93M in a Series B round led by SoftBank Vision Fund 2, the first investment into crypto assets by SoftBank Vision Fund 2 to accelerate the development of metaverse, supporting more creators and involving more brands and IPs ![Sandbox Funding Rounds](https://storage.googleapis.com/papyrus_images/ad5fd4f81791fe9c5ef10fb8da601964a9cc7d641944fd2fb70fda72bd148583.png) Sandbox Funding Rounds ![Sandbox IEO with high ROI ](https://storage.googleapis.com/papyrus_images/fc2e81b8b2fd50d81baab702c29d2825d60c26b558bc634f0ea1952954ce36bd.jpg) Sandbox IEO with high ROI ![Price of Sandbox (Source: Coingecko)](https://storage.googleapis.com/papyrus_images/ed16046708b336306d6e5b928088cf8ce6b80abb9ef44703184e52e5ffe7d822.jpg) Price of Sandbox (Source: Coingecko) **The Sandbox price** currently (20/11/2022) is $0.577643 down -93% from its All Time High on Nov 25, 2021 and increase 1,890.1% from its All Time Low on Nov 04, 2020 . Revenue Model of The Sandbox platform ------------------------------------- The Sandbox team has identified the following five revenue streams that would help in managing and growing the platform: * **LAND sales** – Sandbox has been selling the LAND pieces in auctions, which generated revenue for the platform. * **Company NFT Sales** – In addition to the NFTs created by individual artists, the company also has its in-house NFT to be sold on the marketplace. * **Player Subscription and Services** – Company would generate revenue from players in the form of subscription fees and other service fees to provide them access to exclusive in-game features and premium assets. * **Transaction Fee** – The Sandbox would charge 5% as a transaction fee on every transaction on the platform. Therefore, as soon as the adoption of the platform increases, transaction fees would be the primary source of revenue. * **Advertising Revenue** – Businesses will be able to advertise their product or services on The Sandbox platform, and the platform would charge a fee for these services. Partnerships ------------ The Sandbox has several renowned partners such as: * Binance * Snoop Dogg * Adidas * South China Morning Post * Avenged SevenFold * Richie Hawtin * The Smurfs * Hell’s Kitchen * Atari * Blondish * Care Bears * The Walking Dead * Roller Coaster Tycoon World, and many more CONCLUSION ---------- Fundamentally, The Sandbox is an excellent project. * It solves the bottleneck of the gaming industry by monetizing the whole gaming experience. * It is replicating a Sandbox genre virtual world which is already very well adopted by the gaming community. * The founding team has excellent experience in developing games in this genre and has already successfully adopted these games in their previous venture. * The Sandbox is a renowned franchise in the gaming community and has a strong backup from that community. * The Sandbox has already been supported by many renowned partners such as Binance, Atari, The Smurfs, etc. Sandbox is a smart investment if you're looking at the long run. Given the state of the market right now, it's not a good time to get involved as the price is more likely drop along with the downtrend of market before it significantly increases later on. Claimer: All investors must do their own research, due diligence, and ensure that they are comfortable with the amount of risk they are taking. All cryptocurrencies are extremely volatile and risky. Always proceed with caution. --- *Originally published on [Megablock_Gem](https://paragraph.com/@megablock-gem/sandbox-fundamental-analysis)*