SoftBank invested nearly $100 million in The Sandbox sandbox game?
A plot of more than five square kilometers was sold for $880,000 in July last year, and a front quarter-sized piece of land was sold for about $280,000. These latest popular real estate markets are not located in a certain first- and second-tier cities, nor in a scenic coast, but in an online game with the concept of the Metaverse, these plots not only have to use real money Go buy it, and it sold out almost immediately upon launch, this is The Sandbox sandbox game What the hell is this game? Japan's SoftBank, which once invested heavily in Jack Ma, is willing to spend nearly 100 million US dollars to invest in this game company this time?
Whether you hate or love the Metaverse, or whether you think it is a scam or an opportunity, it is undeniable that it has already come. 2021 can be called the first year of the Metaverse. First, March 2021 will be used as a concept stock in the Metaverse. The sandbox game Roblox platform landed on the New York Stock Exchange, the market value exceeded 40 billion US dollars on the first day of listing, and the valuation has increased tenfold since then. Then on October 28, Facebook announced that it was renamed Meta and officially entered the Metaverse. . Facebook's global monthly active users are about 2.8 billion, which is 2.3 times more than the number of one letter we have. What kind of impact can such a large company have on the world?
You can get a first taste of what Zuckerberg said: Today we are seen as a social media company, but in our DNA we are a company building technology to connect people, and the Metaverse is the next frontier, just like we Just like the social network at the beginning, just one month later, Shahe Games began to emerge, and the price of its game currency Sand increased tenfold in a month. At that time, Masayoshi Son of SoftBank Group, who had a discerning eye, invested 20 million US dollars in the newly established Alibaba, and created the classic six-minute investment in Jack Ma in the chicken soup article. Now it is the same Softbank who invested 93 million US dollars in The Sandbox this time. Today I will introduce you to The Sandbox Game sandbox game.
Just like when we were young, we liked to build a castle on the beach to play a house, the sandbox game moved the beach to the network and created a virtual world. In this world you can buy land, build facilities and games on the land, and earn income by letting others play these games or use these facilities, such as building parks, partying or simply selling your own items, if you are too lazy to make things It doesn't matter, you can be a landlord and earn game currency by renting out land.
The entire game is built on the Ethereum-based blockchain, and the assets in the game also exist in the form of NFTs. This sentence sounds like too many terms. The translation is that this is an online game. , but the assets in the game can be traded, and the game currency can be exchanged for real money, and the reason why I dare to do this is because the assets have proof of ownership. In popular saying, this is a metaverse. So who's going to spend a fortune on that piece of land in the game? Are you crazy? Many people may have such questions, but the world is different now. An American singer Snoop Dogg has a piece of land in the sandbox. If you want to be a neighbor with him, you have to pay at least several hundred thousand In US dollars, there are still two small parcels of land around Snoop Dogg that are being auctioned. The price is about 300,000 US dollars. He is a 3 by 3 grid, and one grid is equivalent to 96 square meters in the game.
The Sandbox's slogan is to let users create content, it provides a free tool to easily create 3D objects, such 3D objects are called Voxel voxels, such as animals, vehicles, etc. These are called assets in the game Asset, after you do it, you can directly convert them into NFT assets and put them on the NFT market for sale, but the value of the assets you create is not only related to your creativity, but also related to two other tokens. One is called Gem, which determines the rarity of the asset, and the other is called catalyst, which determines how many gems your asset can hold. To put it simply, assuming that the asset you build is a box, the box itself may not be worth much, but you can put gems outside, the more you put in, the more expensive it is. How many gems you can put in depends on your catalyst level how many.
After you have assets, you can collect them and sell them. More importantly, you can use these assets to create games and attract other players to entertain and consume, such as holding concerts, parties, etc., so that you have more ways to play. The source of income, even if it’s not for making money, it’s good to be happy. The Sandbox provides easy-to-use game making tools. No programming skills are required. We can turn our ideas into games and make them available to everyone. However, in order to do this, you must also have one of the most basic elements in The Sandbox, which is land, otherwise the game you make can only entertain yourself.
This world is so realistic, even in the game, if you want to do more things, the first thing you must own is land. When you first saw the sandbox, didn't you think it was the same as mine? At this time, the uniqueness of TheSandbox is discovered. Its world is composed of pieces of land equivalent to 96 square meters, and the key is that each piece of land is an NFT token, which determines its uniqueness and ownership.
After you own the land, you can build games on it, rent out the land, and build some supporting facilities to increase the value of your land. Therefore, in The Sandbox, land is the basis of the economic system like reality, and it is also scarce. The sandbox has a total of 166,464 pieces of land, of which 70% are available for sale, and the remaining 30% are reserved by The Sandbox , it is estimated that about 60% have been sold by now. In addition to individuals, the landowners of The Sandbox also have some well-known brands, such as game company Atari Binance, walkingdead and so on.
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