The Metaverse Conquest | Interview with Sébastien Borget

The Sandbox metaverse is made up of 166,464 unique land NFTs, digital pieces of real estate, that players can own to publish their creations, monetize their games or rent to other creators. These lands will host a wide range of experiences, and their limited number makes The Sandbox seem like a virtual Manhattan when it comes to real estate valuation. Today, The Sandbox counts over 18,500 unique land owners and generates a lifetime gross merchandise value (GMV) of US$380 million.

One of the reasons that explains the interest in virtual lands in The Sandbox is the possibilities they offer: Users can publish their own experiences and monetize them or just rent out the land to other builders.

In The Sandbox, players and creators have full ownership of anything they create or buy, and full authorship of any NFTs they create. Every creator is free to share, trade or sell their 3D creations while retaining full ownership and getting all the revenue. You can bring your own NFTs to The Sandbox, even if they were created on another platform. Similarly, you can sell NFTs made in The Sandbox elsewhere if you want to. This concept has powerful appeal, but we expect competition from those who want to establish new walled gardens.

Thanks to the accessibility of VoxEdit, our 3D Editor for modeling and animating content, and Game Maker, our #nocode tool, the possibilities are amplified as anyone can build content in a matter of hours or days, unlike in the real world where the process may take months or years.

Land owners also get access to a global audience, instantly, and are no longer limited by the laws of physics. The only limits are truly your imagination.

We believe that if you offer an even richer set of digital opportunities in a creators’ economy but remove barriers to entry – by offering free tools that are intuitive, financial support for creators to help them get started and no buy-in required to start creating – a digital economy can spread even faster. That’s our strategy with The Sandbox.

2022 will certainly be an exciting year for the industry as a whole, as many new blockchain-based games with player-owned economies will be launched and bring on new audiences. We also expect further innovations.

We see a transformation in the next 10 years. The economic opportunities and jobs the metaverse is creating will transform how we’ll be working, socializing, playing and earning. Brands like Adidas, Snoop Dogg, The Walking Dead, deadmau5, Atari, Rollercoaster Tycoon, Care Bears, The Smurfs, Shaun the Sheep, and Binance see the value in what we’re creating and have partnered with us to create voxelized versions of their worlds and characters in the metaverse.

A new generation of players and consumers are interested in virtual goods and brand experiences, and that’s why partners like Snoop Dogg are choosing The Sandbox as the space to perform concerts, interact with fans and establish themselvesin the digital space.