How To Make Money In Sandbox? A Money-Making Guide
If you think that you can only earn money in Metaverse by investing in Metaverse Cryptocurrencies then you are wrong. Have you heard about the Sandbox Metaverse? Well, it is a Metaverse game that allows the user to earn money from its platform and in this post, we will tell you how to make money in Sandbox.
If you are not aware of the Sandbox Metaverse then let us tell you about it. Sandbox is a Metaverse game that allows users to purchase land in its virtual world. The users can use this land to build a house or commercialize it. The Sandbox game was released for the first time in the year 2012.
In the year 2018, the developers of the game shifted the game to the Ethereum Blockchain, and the digital assets created free of cost on the game are converted to NFTs. The creators can now sell their NFTs in the Marketplace to earn money in Sandbox.
Well, there are various other methods as well to earn money in Sandbox. You will find all of them mentioned below in the post.
Methods To Make Money In Sandbox
Sandbox has got a lot of opportunities in its virtual world for the users to earn a lot of money. So, let’s not waste much of your time and start with the methods to do so.
Creating Digital Assets
The first method to earn money in Sandbox as a creator is by making and selling the digital assets in the Sandbox Marketplace. If you are new to the Sandbox Metverse then let us tell you the procedure to create a digital asset for the sale in Sandbox Marketplace.
To create a digital asset for the Sandbox Metaverse you need to download the free tool, VoxEdit, and follow the steps given below.
- Open the VoxEdit tool on your laptop.
- On the homepage, you will find two sections, rigging, and modeling.
- If you desire to create or export the created character, you need to go to the modeler section.
Once you have created your digital asset you can export it to the Sandbox Marketplace. To do so follow the steps given below.
- Go to the Rigger Top Bar and navigate to the “File Option”.
- Then, click on the “Export” option, this will open a list of menus in front of you.
- From the list choose “Export to Marketplace”.
- Your NFT is displayed in the marketplace to be sold.
Also Read, How To Earn Money In Metaverse | 8+ Best Ways Revealed!!
Building and Monetizing Games
One of the best things about using the Sandbox platform is that you can build your own game, even if you are not a software developer. Yeah, I ain’t joking the sandbox provides you with the feature in which you can use your creative mind to make your play-to-earn metaverse game.
To create a game in the Sandbox universe, you have to download the “Game Maker” tool. The tool will provide you with various features to create your own game. Well, the plus point is that you can add the digital assets that you have created in VoxEdit to enhance the gaming experience.
Once your game is ready, you can import it to your Sandbox land and invite other people to come and play the game. You can charge the players for playing the game on your land. We think this is one of the best ways to earn money in Sandbox.
If you think that you have got a creative mind then download the tool and showcase your talent in the virtual world.
Renting The Land
Moving to the next method to make money in Sandbox, is simple. All you have to do is purchase the land in the virtual world of Sandbox and then just rent it to someone who is looking for it. Sounds like a perfect investment!! Doesn’t it?
Well, it is not that simple as it sounds. You have to make your land worth renting. The best way we could suggest is that you first create some digital assets or buy them from the marketplace. Make your land presentable and then let it out for rent. This will help you in getting the high rent.
Also Read, 6 Best Metaverse Stocks To Buy Right Now In 2021
Selling The Land
Well, one of the toughest things to do in Sandbox is to purchase the land. As you can buy it from the Sandbox official site on the specific days of the sale. If you are lucky enough to get the land. Then you can sell to other people as well. The land is nothing but a digital asset (NFT).
As we know the Metaverse is on a hit these days. The land in the virtual world is highly in demand. So, buy it now and wait for the price to rise. Once you think the price is high enough sell it.
You can also do one more thing and that is you can add the digital assets to your land and increase the price of the property and then sell it.
Invest In SAND Crypto Tokens
Unit Price: $5.18
Market Capital: $4,770,131,900
Total Supply: 3 Billion
The Sandbox has been topping the charts since its entry into the Metaverse landscape. SAND, the native token of The Sandbox has a unit price of $5.18 with a total supply of 3 Billion. It is a decentralized play-to-earn game where creators can host custom events and games. Every investment made in The Sandbox can be monetized and players can hold ownership rights of their virtual assets in the form of NFTs.
If you wish to be an active part of The Sandbox and ride on their profits, then you can do the same at Binance, Uniswap, FTX, Kraken, etc. Binance is the most active exchange for trading in SAND tokens at the moment.
Also Read, Top 6 Metaverse Coins With Highest Return Value In Future
Wrapping Up
If you are an investor then investing in the SAND cryptocurrencies would be your first choice. But, we would like to tell you we are not an investing site. So, we won’t recommend you to invest in socks. Investing in stocks is subjected to market risks and invest only after doing the full research.
Well, you can also use other ways mentioned above to earn money in Sandbox. If you found this article helpful then do share it with your friends.