The Sandbox
Financials
Estimates*
USD | 2019 | 2020 | 2021 |
---|---|---|---|
Revenues | 1.5m | 3.8m | 11.5m |
% growth | - | 160 % | 203 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $2.0m | Seed | |
N/A | $1.9m | Series A | |
$93.0m | Series B | ||
* | $20.0m | Convertible | |
Total Funding | €106m |
Related Content
Recent News about The Sandbox
EditThe Sandbox is an innovative online gaming platform that operates within the Metaverse, providing a decentralized space for creators and gamers. It allows users to build, own, and monetize their unique experiences and voxel-based NFTs (non-fungible tokens). The platform primarily serves digital creators, gamers, and blockchain enthusiasts, offering them tools to design and animate assets, from characters and equipment to props and blocks. The Sandbox uses SAND, an ERC-20 utility token built on the Ethereum blockchain, as the basis for transactions and interactions within its ecosystem. The business model revolves around the sale of virtual land, assets, and SAND tokens, as well as transaction fees within its marketplace. Revenue is generated through these sales and the incentivization of high-quality content and game production via the Game Makers Fund and Creators Fund. The Sandbox operates in the rapidly growing market of blockchain gaming and virtual worlds, positioning itself as a leader in the Metaverse space.
Keywords: Metaverse, blockchain, NFTs, virtual land, SAND token, gaming platform, digital creators, voxel assets, Ethereum, decentralized.