By NEWS TEAM
The Sandbox ($SAND) is an immersive 3D virtual world leveraging a play-to-earn mechanism. The players can own and build on their virtual lands and make money out of them.
In 2011, The Sandbox was first launched as a mobile game. It was 2018 when they decided to move into blockchain gaming and now it is one of the most talked about games in the world.
The Sandbox and Money Making Potential
In The Sandbox universe, there are around 166,464 Land Plots available for sale. As the players build, create, and monetize their creations, they are rewarded with $SAND.
According to The Sandbox, they are giving all the users a chance to design and fill the 3D world with their own user-generated buildings, businesses, and objects.
In order to start your 3D world experience, one needs to own land in The Sandbox. On their Land, the players can develop games, events, or other flippable assets that’ll give them profits.
How Many Ways are There to Make Money in The Sandbox?
When it comes to making money, The Sandbox gives you a lot of opportunities. Let’s talk about some of the most common ways players make money in the 3D virtual world.
Monetize The Games You Create
The Sandbox lets you create games in the metaverse and make money out of them. Firstly, you need to install the Game Maker application that allows you to create games as you please.
Then, import your created game into The Sandbox metaverse and invite other players to play. As the players play your game, you charge them rent and earn $SAND.
You can also sell your digital assets as NFTs in the game with the help of VoxEdit which brings us to our next point
Creating and Selling Digital Assets
Another way of making money in The Sandbox is by creating digital assets and selling them on the Marketplace.
These are the steps you need to take:
- Install VoxEdit (free)
- Create any Digital Asset
- Export the Avatar you created directly into The Sandbox Marketplace
The digital assets (NFTs) you create will now be available on the Marketplace for sale.
Trade Virtual Real Estate in The Sandbox
Another way of making money in The SandBox is by buying and selling virtual Land. But one thing we need to mention is that buying Land in The Sandbox is not easy at all. You need to follow a sale process and buy land on specific dates (Those who play know what we’re talking about).
If you’re lucky enough to buy land at a sale price, you can make decent profits by reselling it at a higher price.
Rent Your Land
Those new into The Sandbox are always looking for land to rent. If you own land parcels in the virtual world, you can rent them out and make money out of them.
What you need to do is make it available for rental so that players can know they can rent it. If you want to attract more renters, make sure to decorate your land by buying useful digital assets and putting them on your land.
Buy $SAND and HODL (NFA)
When it comes to the best investments in the crypto market right now, $SAND will also make the list. Due to the current stock market and crypto crash, the price of $SAND has fallen drastically which is potentially a great opportunity to buy at this price.
If you buy and hold $SAND at the current price, you can make some good profits in the next Bullrun.