The metaverse is one of the most anticipated innovations within the crypto space. It has gained more attention after Facebook changed its name to Meta in November 2021. Although the metaverse has yet to be fully virtualized, there are several projects that aim to do so. Decentraland, Sandbox and other projects are the most well-known.
What does the Metaverse mean?
The metaverse is designed to make a completely virtual world that we can interact with. The metaverse will allow us create 3D avatars and interact with other people around the globe. It allows us to work and create with other users even though they may not be physically located in the same location.
Learn more: What is Metaverse?
It is important to recognize that different metaverses may exist, each with its own goals. One space may be used for gaming, another for creating and collaborating with others, and one may be used for shopping. This is so that we can use the same avatars and items in every metaverse.
Learn more about GameFi
What is Decentraland?
Decentraland was launched in 2017 and is one of the first metaverse projects. You can purchase digital real estate called LAND. Your LAND can be used to create any kind of content, including static images and fully immersive virtual environments.
These parcels can be grouped into districts which are collections of LAND that have similar themes or experience. You can also dive into other user’s experiences through Decentraland. You can interact with every aspect of Decentraland, including space adventures and dungeons mazes as well as entire cities and villages that were created in the metaverse.
Two different tokens are used in Decentraland’s metaverse. MANA is the main token used by the platform. MANA is also the governance token for the Decentraland DAO. The LAND tokens are used as real estate on this platform.
What is The Sandbox?
The Sandbox, a metaverse platform, allows players to create and market their games. The Sandbox is similar to Decentraland in that it has land for sale. The land can be used to create new gaming experiences, and allows other users to enjoy them. The platform promotes user-generated content and ensures that its community thrives. It allows users to easily interact with one another and the platform.
The Sandbox divides land into estates that can be owned by one individual or districts that can be owned by multiple people. The game can only contain 166,464 land pieces. You can use this to host events, stake land for passive rewards or play games you create, or even vote in the governance and administration of the metaverse.
Although the Sandbox is being advertised as a space that can be decentralised, it is currently controlled by one entity. There are plans to establish a Sandbox DAO within the next few months. This will ensure transparency and prevent any entity or individual from influencing its decision-making.
Learn more: What is the Sandbox?
The Sandbox metaverse uses a minimum of 3 tokens. SAND is the first token. It’s the utility token for the platform. It can be used to buy items or transact on the marketplace. LAND tokens can also be used to buy virtual real estate. ASSETS tokens are in-game items that you can purchase and own using NFTs.
Sandbox vs Decentraland
Trello hosts the Decentraland roadmap. The public can see every feature currently being developed. Although it is not as well-organized as the Sandbox roadmaps, the roadmap contains more information about the items being implemented. You can divide the roadmap into three sections: soon, next, and later.
The Sandbox roadmap, however, is accessible directly from their website. It also outlines its plans for expansions to other platforms or consoles. They don’t give detailed descriptions of each feature, but they do provide a general overview.
Verdict
Both The Sandbox and Decentraland are making progress towards delivering on their promises of a functional, immersive metaverse. Decentraland took longer to develop its platform and The Sandbox has more users contributing projects and content. Decentraland has more time to develop its platform, while The Sandbox has better graphics and gameplay. It is however prone to being too centralised. It is up to the users to decide if they prefer better graphics or better centralization.
ZebPay now allows you to securely buy MANA or SAND.
Decentraland vs Sandbox ZebPay.
Did you miss our previous article…
https://www.goldcoastmoneyonline.com/26th-august-2022/
