Coin Vs. Coin: SAND/MANA
Decentraland (MANA) and The Sandbox (SAND) are two of the most popular metaverse worlds, both offering users a captivating gaming experience. Both platforms are still in their early stages and will evolve with time. As more developments are made, the differences between Decentraland and The Sandbox will become more apparent.
What is Sandbox?
Sandbox is a blockchain-based gaming platform that allows users to create and monetize their own 3D voxel worlds. It is powered by its native cryptocurrency, SAND, which serves as the primary transaction currency in the Sandbox metaverse.
In Sandbox, players can design and build their own 3D voxel (virtual) world with Sandbox’s intuitive tools, including sculpting and terrain editing. The voxel world can then be populated with interactive avatars, NPCs (non-player characters), creatures, and environments. Players can also create unique game experiences for others with custom rulesets or explore curated Sandbox games from other creators.
The SAND token has real-world value within the Sandbox metaverse. It can be used to purchase land, in-game items, and other Sandbox products. Also, SAND can be staked by players to earn rewards or used as collateral to borrow more tokens.
Overall, Sandbox provides a voxel world where users have the freedom to explore, create, and monetize content and gaming. With SAND token serving as its primary currency, Sandbox gives gamers the opportunity to monetize their creativity while having fun.
What is Decentraland?
Decentraland is a decentralized voxel world built on the Ethereum blockchain. It's an open source project that allows anyone to create and experience content and applications within a 3D interactive environment.
Users can explore the world, purchase plots of land, build customisable homes, host events and shops, play games with friends, collaborate on projects, and much more.
The cryptocurrency powering Decentraland, known as MANA, is used for buying land as well as participating in various activities and elements of gameplay. Players can earn MANA tokens through gameplay or competing in tournaments, making it a great way for crypto enthusiasts to get involved with decentralized gaming.
MANA also allows users to purchase services and goods, and it can be exchanged with other cryptocurrencies. In Decentraland, users can build whatever they want within their land plots. These experiences range from simple 3D art galleries to entire voxel cities.
Similarities
Decentraland and Sandbox both allow users to buy and sell digital assets in a voxel economy.
Both Decentraland and Sandbox use the LAND token.
Each has wallet compatibility, albeit different wallets.
They are both based on the Ethereum blockchain to execute smart contracts and record digital asset transactions.
Both are beset by high gas fees and unstable tokens.
Differences
Tokens:
Decentraland uses three tokens – MANA, LAND, and WEAR.
Sandbox has four tokens – SAND, GAMES, ASSETS, and LAND.
Token supply:
MANA tokens are capped at 2,193,785,227.
SAND tokens are capped at 3 billion.
Land plot availability:
Decentraland has 90,601 land plots.
Sandbox has 166,464 land plots.
Market cap:
Decentrland’s market cap currently stands at $4.5 billion.
The Sandbox market cap is currently $3.3 billion.
Centralization:
Decentraland only allows users to purchase land plots from its MANA marketplace.
Sandbox allows users to integrate land plots purchased on OpenSea and the Sandbox marketplace.
Final analysis
Ultimately, both Decentraland and Sandbox offer players a decentralized environment in which they can explore, build, monetize, and create without restrictions.
Whether a user prefers decentralized or centralized technology may influence which platform they choose, though each has advantages and disadvantages when it comes to token usage.
In any case, decentralized gaming is here to stay and both MANA and SAND tokens have a strong potential for growth.