What Is Sandbox Metaverse? Check This New GamiFi Tokenomics Website To Find Out!

Are you a fan of The Sandbox? If you’ve been playing the smash mobile hit since 2011, you’d love to know that the gaming IP is now part of the GameFi metaverse.

In 2018, Pixowl decided to bring its successful User Generated Content gaming IP into the blockchain ecosystem, with the goal of providing creators true ownership of their NFTs for their participation in the ecosystem. Explaining this further with regular reports of the GameFi, Sandbox Jungle enters the DeFi market as the newest online educational resource!

Read more about the team at https://sandboxjungle.com

The website offers reports discussing The Sandbox blockchain gaming platform which integrates various products for a comprehensive experience of User Generated Content (UGC) production. This means that you can secure copyright ownership for your user-created content through blockchain and smart contracts.

This offers a unique and more user-friendly tokenomics as you can upload, publish, and sell your NFT creations and still be assured of their ownership. Creations are first uploaded in the Ethereum blockchain - after being made with VoxEdit - and then registered in the same ecosystem to prove ownership. Once this is accomplished, GameFi creations (now called ASSETS) can be sold in the decentralized marketplace.

The Sandbox is a community-driven platform where you can monetize voxel ASSETS and gaming experiences on the blockchain. Each ASSET utilizes the ERC-1155 standard and can be traded as normal in the marketplace.

NFTs operate within the blockchain ecosystem and typically represent real-world assets. Unlike cryptocurrencies which can be traded for one another, NFTs are virtual tokens that are rare due to their unique QR code embedded in them. Because of their inherent scarcity, NFTs are considered one-of-a-kind investments, with experts noting them to form a multi-trillion industry by the end of 2022.

Sandbox Jungle understands all of these and regularly release reports on the latest DeFi news, including an introduction to the GameFi community - the latest trend in the blockchain technology industry.

They invite you to regularly check their website for the newest updates on the market. Their latest report talks about the projected growth of the GameFi and how it will begin to affect traditional banking systems.

From simple mobile gaming to sophisticated play-to-earn tokenomics, The Sandbox proves that it is here to stay and change the GameFi metaverse! Go to https://sandboxjungle.com so you can learn more.

Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.

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Created on May 10th 2022 08:06. Viewed 105 times.

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