Well, we are here to simplify these things a little bit for your better understanding. We’ll let you know all of what makes these Metaverse projects so tremendous and why ICO experts believe Decentraland is currently one of the most promising coin offerings in general. Although both the platforms have some distinct differences, they are worth keeping an eye on, especially in the coming days. Sandbox and Decentraland work similarly as both of them reward participants for developing games to be uploaded on their respective platforms using tokens. Decentraland is an open-source platform using Ethereum blockchain technology for building decentralized applications. The project uses its cryptocurrency $MANA for trading on the platform, whereas Sandbox is a similar platform with its own cryptocurrency $SAND. Many people maximize their earning potential with the help of these Metaverse cryptocurrencies. If you are planning on joining their ecosystem, this comprehensive comparison between Decentraland and Sandbox may help you decide which platform is more suitable for you.

Decentraland is a 3D blockchain that Ethereum powers. The platform allows users to purchase virtual land and develop their virtual world to interact with other users. In short, the application will enable users to live out virtual reality without any limitations and invest in their future success. The company distributes its native cryptocurrency tokens called $MANA, which can be used to purchase land and in-game items. The buyer can exchange the “strategic simulator app” currency (that uses blockchain technology) with the $MANA, with 100 of these tokens roughly equal to 1 strategic simulator app token.

Sandbox is a Metaverse play-to-earn blockchain-based game that allows users to buy various plots of land within the game. The Sandbox game offers the users much more than just purchasing products but also provides them with a virtual plot of land in which they can build various products or buildings for additional in-game kickbacks. Users in the Sandbox metaverse can play games and complete challenging tasks. It can lead to great rewards, such as monetary earnings from exclusive product unlocks, badges, and rewards that you can utilize to purchase items on the marketplace, win free land plot auctions, etc. To help you grow economically strong, the company has issued SAND tokens on the Sandbox platform. You require these cryptocurrency tokens in order to purchase in-game items to develop buildings, structures, technology, etc.

Recently, both $MANA and $SAND have been trending upwards. For instance, $MANA has rallied 400% over the past month alone, while $SAND has risen in value by more than 300%. We believe that this will continue well into the foreseeable future — especially considering the current momentum that both of these tokens are riding along, given recent announcements regarding partnerships, development updates, and significant platform launches.

Decentraland’s $MANA is an ERC20 based on Ethereum. However, Decentraland has designed the Polygon platform to fully support $MANA and allow users to transact with it. $SAND, on the other hand, is also an ERC20 token, which uses the Ethereum blockchain. Thus, we compare its value to other cryptocurrencies like Decentraland.

There is also “My Ether Wallet” available for the $SAND token. Metamask and Trustwallet are also trusted digital wallets that you can use to keep the tokens in your possession or purchase them if they’re not in your possession yet!

Let’s discuss scalability issues now. When building projects on top of the Ethereum blockchain, there are a few things to think about when it comes to capacity. Many factors limit these smaller projects’ scalability capacity: from fees being paid in Ether, an unstable currency (we all know how volatile ETH can be), and its transaction speed which currently maxes out at 20 transactions per second. Ethereum is a blockchain that still has many changes in store before the developers can test their scalability levels and see how much weight they can take.

When Ethereum first started, it was operating under the Proof of Work (PoW) consensus mechanism. This method allows Ethereum to handle 20 transactions per second approximately. However, when the Ethereum 2.0 project rolls around, this number might increase up to 20,000 transactions per second! That is an improvement of three orders of magnitude over what Ethereum is currently capable of achieving, allowing for greater adoption by businesses and consumers alike.

When it comes to governance, Decentraland’s platform offers two tokens, LAND, which is non-fungible parcels on the virtual land that the platform consists of, and $MANA ERC20 tokens. $MANA tokens function as “gas” in the network. The more you burn $MANA tokens to perform transactions or execute smart contracts, the more new $MANA tokens are created — while at the same time decreasing the overall supply of $MANA tokens. It means that every time a user makes a transaction on Decentraland, their parcel ownership will have more value as it increases its scarcity.

Decentraland has a decentralized autonomous organization. This way, anyone can become a community member and have equity in the project through blockchain technology without being an accredited investor or looking for funding from venture capitalists. Aragon powers the governance voting system in Decentraland. On the other hand, in Sandbox, users need Sand to engage and participate in some of the platform’s governance decisions. Some examples include distributing funds to content creators and what features game creators prioritize within their projects on the network’s roadmap. It will also allow users to delegate votes to other trusted users.

We have to discuss the team behind every project. The first one we are looking at is Decentraland. The Security Advisory Board SAB acts as a guarantor of Decentraland’s smart contract security. This team looks after the DAO committee’s work and responds to vulnerability and bug reports in any of Decentraland’s contracts. Also, the SAB includes five Solidity experts that the Decentraland development team has initially selected. Decentraland has a diverse team of Blockchain Engineers, Computer Scientists, and Venture Capitalists who have a wide range of experiences in their respective industries. Still, they are all united by having the strength of character to solve problems as a formidable force for good. On the other hand, Sandbox’s team consists of five members, including a CTO who used to work on the Ethereum network and multiple developers specializing in blockchain technology (among other things). Here we can see that Decentraland’s team consists of three members who are also blockchain developers, though it doesn’t mention any experience working with or knowledge of blockchain gaming. It leads us to believe that Sandbox is more prepared to present something innovative in the future.

The community is the owner of the land in Decentraland and Sandbox forever. Depending on their actions, landowners have authority over what material is published on their parcels of land, denoted by a series of cartesian coordinates. As a result, the land comprises non-fungible, transferable, and rare tokens kept in an Ethereum smart contract. It is obtained by using $MANA. To buy land in Decentraland, users connect their wallets to the platform and then visit the marketplace, where they can browse through the available parcels and estates. To buy lands in the Sandbox, you can either purchase land on the Sandbox marketplace or OpenSea. In the Sandbox, you only have to connect your wallet and purchase land, and then you can confirm the transaction by paying. Once that’s done, you can make sure on the P2P NFT trader that people can swap their NFT-based properties smoothly, safely, and quickly in a direct way between traders. The easiest way to buy Sandbox land is to look through the marketplace for plots close to other partnered companies on the map!

In the past few days, we have been focused on forming an alliance with Sotheby’s and showcasing new ways that people can enjoy virtual reality through Decentraland. One of these developments is their launch of Sandbox Island, where users can create videos and 3D experiences for themselves and others to explore affordably. The second development in the Metaverse Platform, a truly unique ecosystem, offers a continuous combination of crypto and traditional assets while solidifying itself as one of the top blockchain companies worldwide.

The Sandbox has also released game passes — allowing users to access early release versions of the core Sandbox platform, along with new drops, beta access to new games, and more. Check out the listing on CollectorX here.

Over time, Decentraland has steadily grown. They have built partnerships with companies such as Cyberpunk, Polygon aka MATIC, and Atari, to name a few. On the other hand, we have Sandbox partnered with OpenSea, and Sandbox has also partnered with Atari and Socios. As we mentioned above, Sandbox is exciting because it’s affiliated with Chiliz’c CHZ platform. Some other alums are worth mentioning — Binance, Mr Snoop Dogg, Ultra, and Coinmarketcap, among them!

Decentraland’s visitor mode means that anyone can start playing in their land without connecting to a wallet first. It helps allow friends and colleagues to have some fun exploring your world. But those in visitor mode are not allowed to claim land or time the land. So it is not advisable for businesses setting up shop within your realm because otherwise, you’ll end up with multiple competing products from different companies in the same virtual space. It does not make much sense economically, no matter how immersive and exciting the experience ends up being. In Sandbox, you need to register with either an email, social media account, or Gmail. Sandbox gives users more access control than just one choice.

Decentraland is unique in the crypto market. It is the first virtual reality platform owned by its users, where a single corporation does not curate content. It has multiple use-cases and features such as the ability to make in-game purchases, claim land ownership, and pay Decentraland development infrastructure costs with it. It can also be used to purchase parcels and is burned to claim parcels of land in-world using Ethereum’s smart contracts. Decentraland has another token they call LAND. It is an ERC72 token, “Ethereum Request for Comments.” It is a non-fungible token, and the currency is used to buy land in the Metaverse. While that may be the case, we have Sandbox, which also has unique use-cases. For example, its token known as SAND is traded as a platform utility token but at the same time provides developers with actual ownership of their creations since NFTs are etched into their smart contracts. It also provides users a chance to earn rewards for participating in the sale of the products they create on our platform. Moreover, SAND will allow creators to upload, publish and sell objects represented using ERC721 and ERC1155 standards.

Considering all of these factors that we’ve discussed here, we can confidently conclude that the Sandbox stands at the forefront of all other projects in this space. While Decentraland and $MANA are great platforms for various reasons, we look forward to seeing Sandbox as the global leader in immersive gaming. Firstly, the platform of Sandbox is more user-friendly in terms of ease of access, depth, and overall usability. Most importantly, Sandbox is far more developed than Decentraland as far as their respective cryptocurrency tokens are concerned. For instance, Sandbox has its native token SAND and features multiple class fungible tokens and MCFT. The developers in Sandbox enjoy the true ownership of their creations as NFTs. We feel Sandbox’s ASSETS tokens that represent a mix of a cryptocurrency and an NFT are more suitable for the Metaverse.

For more information on CollectorX, and details on how to join our community, please follow our Twitter and join our Discord.

AlchemixFinance was a great choice for our airdrop due to being a veteran platform familiar with decentralized exchanges. We at SpookySwap consider platforms on ethereum to have a very knowledgeable userbase. Additional guides and tutorials for using Fantom Opera and SpookySwap are planned, which will hopefully contribute to growth when Binance Smart Chain users can more easily transfer funds to Fantom Opera. Our outreach will continue to focus on technical communities to maximize the impact of a community airdrop. It is our intent that inviting knowledgeable members of the DeFi space to utilize SpookySwap will create a more helpful and supportive community.

After announcing the airdrop, we corresponded with Pickle Finance, Mushrooms Finance, and Ruler Protocol to include Ethereum users on their protocols. SpookySwap is very fortunate these protocols were gracious enough to provide the address list of their ALCX stakers.

The airdrop covered all users holding ALCX or alUSD in their wallets as well as Alchemix Farmers on https://app.alchemix.fi/farms in the following pools:

The airdrop also extended to ALCX Stakers on the following protocols:

In total the Airdrop covered:

While several DeFi platforms have reached out to SpookySwap, our focus on being a governance-focused decentralized exchange prevents changes to our farms or farm weights without community voting. Alchemix fortunately utilizes the DAI token which is currently supported by our SpookySwap farms. We plan to create future outreach airdrops in parallel with the results from community LP farm voting to both incentivize BOO holders to be active and involved in governance, and to showcase the support SpookySwap has for our community’s decisions.

We give a big spooky Thank You to AlchemixFinance, Ruler Protocol, Mushrooms Finance, and Pickle Finance for working with us to make the airdrop happen.

Stay Spooky!

DeSpace is a multi-chain NFT enabled protocol powered by the DeChain blockchain, a layer two blockchain solution.

DeSpace is the most comprehensive DeFi aggregator that allows users to interact with a plethora of DeFi protocols from a single web-interface. Users are able to mine DES when they use the aggregator interface to execute DeFi and NFT transactions.

Initially launching on the Ethereum blockchain, DeSpace will expand to other blockchains, including Binance Smart Chain and a parachain on Polkadot, fulfilling its multi-chain mission.

With a mobile application en route for Q2 of this year, alongside the release of three unique applications on the platform, DeSpace is shaping up to compliment the entire DeFi and NFT ecosystem with their aggregated, innovative solutions.

The team at DeSpace have put together their Light Paper, which gives a broad overview of what to expect from their project.

If you’d like to get more involved, or simply keep up to date with the progress of DeSpace protocol, check out their Twitter here, or join the team and their growing community on Telegram.

Legion Ventures is a community-driven, privately funded venture capital firm, specialized in cryptocurrency assets and blockchain projects, with the vision of having an impact in society and with the passion to make it happen.

We are true believers in the distributed ledger technology and are dedicated to funding projects in their early stages that have a significant impact on their niche.

If you’re looking to get involved in exclusive token sales, keep up to date with the forefront of innovative projects within the cryptoverse, or speak to like-minded individuals, join the Legion Ventures Community.

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I did a small research about the crypto education industry at its current state. In short, besides Youtube, Twitter and Podcasts, there exists “Learn 2 Earn”, “Education Platforms with courses” and some interesting projects I will mention in the end. Enjoy the post! :)

Learn to Earn

So you might have heard about the learn2earn concept. (If not: you get paid for studying, usually, about crypto)

Just personal thoughts, learn2earn websites do a great job in motivating young people to learn more. In an attempt to earn some extra coins you end up learning about the projects, such a powerful tool.

I gathered a list of websites that pay you as you learn. The amount you get paid varies from 5–50$. The idea is really simple: Complete the “study” tasks and the website will “airdrop” you tokens of the project. Here is the list:

Crypto Education Platforms

Furthermore, there are some crypto educational platforms that could be a great help for you in entering and understanding crypto:

1. ODEM.IO

2. ODEM.IO is an education platform that has many Business courses and among them there are many related to Crypto. This website might give you a general idea of investing/trading.

3. Blockchain Education Network

4. This one is powerful! I would say it’s a community rather than an education platform. Here, you can connect with students/ professors, match yourself with a crypto career. If you are university, there is an option to open a club. Opportunities are really interesting!

5. Cryptopedia: Crypto Content Platform | Gemini

6. Crypto encyclopedia powered by Gemini. What I liked about this website is that it has extensive information about the security aspect of blockchains.

7. Crypto Zombies

8. Coders, I got you covered. I could not NOT mention this website. This is probably one of the best websites to learn solidity and smart contracts.

9. Questbook

10. Ethereum, Solana, Near, Polygon. These are the networks this website has tutorials on. Interesting projects and tutorials. This website is definitely in my bookmarks from now on!

11. Coin Academy

12. Understanding general concept of bitcoin and diving deep into the programming concepts.

13. New Concepts

14. While researching I stumbled upon some websites that caught my attention. “University in Metaverse”??? Sounds like a solid concept, doesn’t it?

15. The Islander

16. Using the Learn-to-Earn model, you can learn about any project or blockchain application, earn incentives, and reduce risk. Gain insight into how each cryptocurrency project is performing.

17. Learn to Earn English

18. This app is in beta version yet, however their idea is to create an environment where students learn english in a gamified way. Furthermore, students get paid for learning!

19. Disciplina.io

20. This is what I’ve been talking about. University in Metaverse! As far as i understood, this is only one of their projects, they are a team trying to do better in the education sector. Might be worthy following their actions!

21. Alpha Layer 3

22. …and i quote: Earn crypto by doing s**t!

23. I found this website really interesting, it posts bounties and pays you if you’ve done the job. The idea is kinda close to learn2earn, i must say. Hear me out: You have a task and a deadline, you learn how to do it, and submit. Not so different…

24. Wow, you have read so far! Appreciate it! Let me know what you think in the comments or add me on Twitter!

25. 
    

Just this week the rebranded Meta lost an entire $250 billion worth of market cap. Coincidence, I think not…

I have seen a huge boost in content about the metaverse, even I have had my fair share, however as the previous fact displays the metaverse might be losing a little bit of steam.

At the moment AR and VR technology is so unremarkable it is hard not to think of it as a bit of a hassle to get into. If you are reading this you almost definitely have a smartphone, but do you have a VR headset, probably not. Now, I don’t take anything away from VR headsets, I have one and I love it, but I will say that the ease of getting out a smartphone or laptop is unmatched.

So, what do you think? Is the metaverse truly the future or is it just an excuse for the in-trouble Facebook. Well, only time will tell.

Thanks so much for reading till the end. Check out my substack here and check out my Twitter here. And of course, if you want to read more and more awesome articles from me and many other creators on the platform, as well as supporting me in the process click here.