What is a land in sandbox?

A LAND is a digital piece of real-estate in The Sandbox’s metaverse . Game designers use LAND to build digital experiences, such as games or dioramas, and also populate it with ASSETs. Each LAND is a unique, non-fungible ERC-721 token on the Ethereum blockchain. A total of 166,464 LANDs will be available.

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How does The Sandbox make money?

The Sandbox makes money by issuing and selling tokens as well as other digital assets . The business model of The Sandbox is predicated on driving up demand for those tokens. Launched in late 2021, The Sandbox is one of the most sought-after metaverse games. It has raised around $95 million in funding.

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