CoinMarketCap, the world’s most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency space, is launching yet another NFT gaming campaign with The Sandbox (SAND). This campaign will allow users to earn SAND(?) while completing educational tasks that teach about The Sandbox and its innovative blockchain features. All CoinMarketCap users will be able to learn how to make and tokenize 3D game assets with the NFT Maker creation tool, VoxEdit, and monetize those assets by owning virtual land, building virtual gaming worlds and games on this land, and trading and selling NFT assets on the Marketplace.
The CoinMarketCap and The Sandbox educational campaign will distribute 579,900 SAND (Aproximately $600,000 USD at time of writing). Successful users who successfully complete the quiz after watching a short series of engaging and educational videos on The Sandbox and create an account on www.sandbox.game will receive 10 SAND (Aproximately $10 USD at time of writing) as a reward and an additional 50 Diamonds on a first come first serve basis.
All eligible users need is a smartphone or desktop PC in a supported country to access the educational platform and earn crypto while learning about tokenizing, gaming, trading, and selling The Sandbox game assets. At the same time, you will be learning about the use-case and utility of tokens and increasingly popular non-fungible tokens (NFTs).
“The educational videos and quiz series is a fun way to learn about crypto assets, NFTs, and how to tokenize and monetize digital game assets. We are excited to be part of CoinMarketCap’s efforts to help users learn more about the many opportunities to earn crypto assets by gaming on the blockchain.”
Sébastien Borget, COO & Co-founder of The Sandbox
What is The Sandbox?
The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences on the Ethereum blockchain. It features three main components: the VOXEDIT 3D voxel art animation software for building NFT game assets, a MARKETPLACE for buying and selling NFT assets, and the GAME MAKER tool for creating gaming experiences in The Sandbox metaverse.
What Are NFTs and How Do They Work?
Non-Fungible Tokens (NFTs) are virtual tokens minted on the blockchain for digital scarcity, security, and authenticity. They are unique, indivisible, and non-interchangeable — allowing true digital ownership of in-game assets.
What are SAND and LAND?
SAND is the main utility token that serves as the basis for transactions with The Sandbox. This versatile Ethereum ERC-20 cryptocurrency allows users to access the game platform, buy and sell ASSETs, and partake in governance, staking, and liquidity mining for passive income, and much more!
A LAND is an ERC-1155-based digital piece of real estate in The Sandbox metaverse that players buy to build interactive experiences, utilizing ERC-721-based digital ASSETs and The Sandbox Game Maker.
Play-To-Earn is a key component of The Sandbox’s ecosystem, bringing completely new functionality to NFTs and how creators or players interact with them. Not only can you enjoy The Sandbox’s wide universe with many other players, but you can also get rewarded through it. Learn everything you need to know about this revolutionary functionality in this lesson.