DecentraLand Vs Sandbox: Which is A More Promising Metaverse Project?
Updated: Sep 16, 2022
Metaverse projects like Decentraland and Sandbox have a reputation for bringing real ownership to digital land or User-generated content (UGC) in the form of tokens securely stored on the Ethereum Blockchain. This way, users have been able to transcend a centralized interaction system.
Among all the other Metaverse projects in the Web3 market, these two projects have benefited more from the metaverse hype. The two Metaverse companies have found themselves under the spotlight with growing concerns about which is better and well-suited for web3 aficionados.
To get an insight into which of Decentraland and Sandbox is better, I have elicited all the facts you need to know about these two projects and detailed comparisons.
What is Decentraland?
Decentraland is an entirely vivid 3D Blockchain-based metaverse, where players can buy plots of land and invest in the virtual universe.
Brought into the limelight in 2017 as the earliest pioneer in the metaverse sphere, Decentraland gives its players a broad scope of encounters, including casino concerts, galleries, games, and considerably more.
Besides digital home and property ownership, Decentraland users can build or create with MANA tokens. MANA is an ERC-20 standard or Ethereum cryptocurrency used as a native token in this virtual real estate platform.
Users can use the MANA token to buy LAND parcels - a digital real estate virtual land that complies with the ERC-721 standards and can serve as NFTs.
Further use of Decentraland's MANA coin is for the platform's payment of avatars, costumes, and domain names.
The platform is made especially for businesses, content creators, and individuals interested in digital art as a source of entertainment or for developing business opportunities.
What is Sandbox?
Sandbox is a play-to-earn 3D virtual world in the Metaverse. This platform started as a mobile game in 2011 but migrated to a 3D gaming sphere in 2017. This transformation allows clients to build, play, purchase land, exercise ownership, and monetize their virtual experiences.
Sandbox offers a more gamified experience incorporating missions, games, and difficulties to procure rewards dissimilar to Decentraland.
The Sandbox ecosystem uses the SAND token, an ERC-20-supported token that facilitates the platform's transactions and interactions like playing games, avatar customization, or purchases. SAND tokens are used to participate in governance and ownership when users purchase virtual lands also known as LAND tokens in Sandbox. LANDS can be staked or betted to acquire more SAND on the Sandbox platform.
Sandbox is changing the trajectory between creators, gamers, and gaming platforms by focusing on user-generated content. This platform has created a new gaming market in which players own the products of their creative labor and are rewarded for the value they bring to developers and operators.
There are similarities between these two projects and some essential contrasts. To help you understand better about these projects I’ve highlighted their differences and similarities.