The Sandbox is a blockchain game that enables participants to create a virtual environment using non-fungible tokens (NFTs) on the Ethereum blockchain. To access the many games, locations, and hubs in “The Sandbox Metaverse,” players may create their own avatars.
Pixowl launched The Sandbox in 2011 as a mobile game platform to compete with Minecraft. It became a smash hit, with over 40 million downloads worldwide. However, in 2018, the co-founders, Arthur Madrid and Sebastien Borget, decided to investigate the possibility of developing a blockchain-based 3D metaverse. Their objective is to provide users with the ability to truly own their creations as NFTs and receive incentives while engaging in the ecosystem. The new Sandbox project, together with Axie Infinity and Decentraland, was published in 2020 and has become one of the fastest-growing games in the crypto market.
The Sandbox received $93 million in investment from investors headed by Japanese telecom giant SoftBank in November 2021. Over 50 agreements were also formed for the game, including Atari, a well-known gaming firm, CryptoKitties, The Walking Dead, and hip-hop sensation Snoop Dogg.