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Table of contents

Example H3
Example H4
Example H5
Example H6

The Sandbox onboards up to 5,000 users per day with Venly Wallet

/

March 3, 2020

Table of contents

Example H3
Example H4
Example H5
Example H6

About The Sandbox

The Sandbox is best known for its two smash mobile hits The Sandbox (2011) and The Sandbox Evolution (2016), which combined generated 40 million downloads across iOS and Android. In 2018, developer/Publisher Pixowl decided to bring this successful User Generated Content gaming IP and large community of creators from mobile to the blockchain ecosystem. The goal: disrupt existing game makers like Minecraft and Roblox by providing creators with true ownership of their creations as non-fungible tokens (NFTs) and reward them for their participation in the ecosystem.

The Sandbox’s NFT marketplace allows users to upload, publish, and sell their NFT creations made with VoxEdit. Creations are first uploaded into an IPFS network to provide decentralized storage and then registered onto the blockchain to prove ownership. Once this is accomplished, creations become ASSETS that can be sold by making an initial sale offer on the marketplace where potential buyers can then purchase them.

The Sandbox uses several token types to ensure a circular economy between all the types of users who will interact with the platform: players, creators, curators, and land owners:

  • SAND: the ERC-20 token that will soon be used within The Sandbox as the basis for all of the ecosystem’s transactions and interactions.
  • LAND: a digital piece of real estate in The Sandbox metaverse. Players buy LAND in order to populate it with games, assets and interactive experiences. Each LAND is a unique (non-fungible) token lying on the public Ethereum blockchain (ERC-721).
  • ASSETS: a token created by players who build/assemble user generated content (UGC). ASSETS utilize the ERC-1155 standard and can be traded on the marketplace, with their main utility being to serve as creation elements in The Sandbox Game Maker

Non-fungible tokens (NFTs) are virtual tokens for digital scarcity, security, and authenticity. They are unique/distinct, indivisible, and not interchangeable.

User Onboarding via social

The Sandbox onboards up to 5,000 new users per day via the Venly Wallets. For this, Venly uses the "Social Login" feature, responsible for more than half of the total onboarded. Thanks to the Social Login, Venly creates an NFT wallet for that user that is linked to The Sandbox game. Players will then interact in The Sandbox with their Venly Wallet without even noticing. Everything happens seamlessly and The Sandbox NFTs are safely stored in the gamers Venly Wallet. 

‍

Selling The Sandbox NFTs via the Venly Market

Soon gamers will be able to also trade their earned and purchased NFTs via the Venly Market. Today the NFTs are stored on the Ethereum blockchain, which is not yet supported by the Venly Market (but is of course in the Wallet services). It could also make sense for The Sandbox to migrate their NFTs to another chain that have lower transaction fees than the Ethereum blockchain. More about this soon.

Table of contents

Example H3
Example H4
Example H5
Example H6

The Sandbox onboards up to 5,000 users per day with Venly Wallet

/

March 3, 2020

About The Sandbox

The Sandbox is best known for its two smash mobile hits The Sandbox (2011) and The Sandbox Evolution (2016), which combined generated 40 million downloads across iOS and Android. In 2018, developer/Publisher Pixowl decided to bring this successful User Generated Content gaming IP and large community of creators from mobile to the blockchain ecosystem. The goal: disrupt existing game makers like Minecraft and Roblox by providing creators with true ownership of their creations as non-fungible tokens (NFTs) and reward them for their participation in the ecosystem.

The Sandbox’s NFT marketplace allows users to upload, publish, and sell their NFT creations made with VoxEdit. Creations are first uploaded into an IPFS network to provide decentralized storage and then registered onto the blockchain to prove ownership. Once this is accomplished, creations become ASSETS that can be sold by making an initial sale offer on the marketplace where potential buyers can then purchase them.

The Sandbox uses several token types to ensure a circular economy between all the types of users who will interact with the platform: players, creators, curators, and land owners:

  • SAND: the ERC-20 token that will soon be used within The Sandbox as the basis for all of the ecosystem’s transactions and interactions.
  • LAND: a digital piece of real estate in The Sandbox metaverse. Players buy LAND in order to populate it with games, assets and interactive experiences. Each LAND is a unique (non-fungible) token lying on the public Ethereum blockchain (ERC-721).
  • ASSETS: a token created by players who build/assemble user generated content (UGC). ASSETS utilize the ERC-1155 standard and can be traded on the marketplace, with their main utility being to serve as creation elements in The Sandbox Game Maker

Non-fungible tokens (NFTs) are virtual tokens for digital scarcity, security, and authenticity. They are unique/distinct, indivisible, and not interchangeable.

User Onboarding via social

The Sandbox onboards up to 5,000 new users per day via the Venly Wallets. For this, Venly uses the "Social Login" feature, responsible for more than half of the total onboarded. Thanks to the Social Login, Venly creates an NFT wallet for that user that is linked to The Sandbox game. Players will then interact in The Sandbox with their Venly Wallet without even noticing. Everything happens seamlessly and The Sandbox NFTs are safely stored in the gamers Venly Wallet. 

‍

Selling The Sandbox NFTs via the Venly Market

Soon gamers will be able to also trade their earned and purchased NFTs via the Venly Market. Today the NFTs are stored on the Ethereum blockchain, which is not yet supported by the Venly Market (but is of course in the Wallet services). It could also make sense for The Sandbox to migrate their NFTs to another chain that have lower transaction fees than the Ethereum blockchain. More about this soon.

Keep reading

Dotted is Revolutionizing the Web3 Landscape with Venly’s Wallet API

"Venly's simple integration and robust tools allow us to focus on what we do best, providing a superior customer experience. Venly gives us the confidence as the foundation to build more useful features for our users," said Christopher Cheung, Co-Founder and CTO of Dotted.

Learn more

Everything you need to know about gaming in Web3

The gaming industry is a significant player in the technology sector and is looking to leverage new and emerging technologies to remain competitive. Web3 gaming is already happening and is expected to grow significantly in the coming years.

Learn more

3 Billion Players: Mobile Gaming's Impact on Blockchain

The rise of mobile gaming represents a significant opportunity for blockchain technology, with companies like Coda Labs working to empower small studios and bring web3 to the masses through decentralized community discovery and accessible tokenomic models.

Learn more

Start building Web3 with Venly

Venly provides the best-in-class blockchain developer tools, resources and support to help you build and scale any Web3 product seamlessly.

Schedule a call

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