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Axie Infinity(AXS) vs Sandbox(SAND) Metaverse Comparison: Tokens, Gameplay, Market Cap, Price
Axie Infinity and The Sandbox are both hyped at the moment. But where should you put your money in? Get to know all about these metaverse games in this article. Here, you will find the Axie Infinity(AXS) vs Sandbox(SAND) comparison of both games in terms of gameplay, tokens, market price, and more. But before going ahead with the comparison, let’s learn a bit about what the metaverse is. So, take a break and read this article now.
What is the Metaverse?
Although the term “metaverse” has recently gained popularity, it is not a new term, nor was it coined by Zuckerberg. The term “metaverse” is a combination of the prefix “meta” and the word “universe,” and it refers to a virtual cosmos that may be accessed through virtual reality (VR) technology.
In his book Snow Crash, sci-fi novelist Neal Stephenson created the term in 1992. Individuals in the novel use avatars, which are virtual replicas of themselves, to join the metaverse. Avatars can escape reality and inhabit a virtual reality environment in the metaverse, nonetheless, the metaverse in Stephenson’s work was a getaway from a world that was dark, dystopian, and propelled by corruption and greed.
Since then, the term has grown in use, particularly in the gaming industry. Anyone who has played a role-playing game (RPG) in which they explore the game world and interact with other users and characters in real-time is likely familiar with the notion of a metaverse. For decades, futurists have used the word to describe how humans can connect digitally in the future.
Axie Infinity(AXS) vs Sandbox(SAND) Overview
Axie Infinity (AXS)
Sky Mavis, a Vietnamese gaming company, created Axie Infinity, a videogame that was initially released three years ago. It’s both a play-to-earn game and a fully functional NFT-based economy. Axie Infinity (AXS) is among the few cryptocurrencies that have had considerable price growth in recent months, to the point that the game’s crypto-based digital economy has surpassed $1 billion in trades. Investors worldwide are interested in investing in this NFT game because of its popularity and significant revenue.
Play-to-earn (play2earn) is a new concept in online gaming that is gaining traction throughout the world. Players gain cryptocurrency tokens in these videogames, which they may then sell for real money on decentralized markets.
Axie Infinity has around 250,000 daily current players, as per their official website. The game’s appeal originates from its earning possibilities, especially in developing countries. Axie’s income sources are particularly impressive because of gamers’ high level of participation. In June 2021, Axie made more money than Uniswap and Aave, two huge decentralized exchanges.
Axie Infinity also made more protocol income in July 2021 than the two crypto behemoths, Bitcoin and Ethereum. People who’ve lost their employment or have been forced to take lower-paying positions are now playing Axie Infinity full-time as a result of the ongoing epidemic. Gamers from Vietnam and the Philippines have quit their day professions to play Axie Infinity since the typical player may earn more than $1,500 a month, which is a substantial sum of money in many parts of the globe.
What are Axies?
Axies are lovely animals that are unique, akin to CryptoKitties (collectible digital kittens that probably launched the NFT craze). Axies are non-fungible tokens (NFTs), which means they are one-of-a-kind digital collectibles. Axies can be raised and battled, as well as dispatched on resource-gathering tasks. The cheapest Axies on the market currently cost around $200, even though the most costly one cost 300 ETH
The Sandbox (SAND)
The Sandbox, founded in 2011 by Pixowl, is a blockchain-based virtual realm that enables consumers to generate, construct, purchase, and distribute digital assets through the lens of a game. The Sandbox generates a decentralized platform for a flourishing gaming community by combining the authority of ’s decentralized autonomous organizations (DAOs) and non-fungible tokens (NFTs).
The Sandbox network’s main goal is to successfully integrate blockchain technology into popular gaming. The framework is focused on enabling a creative “play-to-earn” model that allows consumers to be founders and gamers simultaneously. The Sandbox leverages the capabilities of blockchain technology by bringing the SAND utility token, which is used to enable platform purchases.
The Sandbox is an exceptional platform in that it is the first to incorporate blockchain technology into the gaming industry. The gaming industry is a sizable untapped resource for blockchain adoption, as Pixowl discovered in 2011. The Sandbox intends to revolutionize the market by establishing a universe where gamers can produce and gather blockchain-based assets. It carves out a specialty for itself in the global gaming industry.
Axie Infinity(AXS) vs Sandbox(SAND) Gameplay
Axie Infinity
To begin playing Axie Infinity, participants must establish the following, call them foundation if individuals desire:
Because Axie Infinity (AXS) is based on Ethereum, participants will either mandate an ETH wallet or purchase Ethereum using their existing wallets, such as Binance, Metamask, or others. Upon completing the wallet stage, users must set up an account on the authorized Axie Infinity marketplace. Participants who have established an Ethereum wallet via Metamask will instantly access the NFT game. The next phase is to install the browser extension “Ronin Wallet.” It is compatible with many web browsers, such as Yahoo, Google Chrome, and others.
From your Axie user account’s marketplace dashboard, add the Ronin wallet to one’s account. Deposit money of ETH from one primary wallet to the Ronin wallet using the Ronin bridge. Finally, purchase Axie through the Axie Infinity marketplace and begin playing on Windows, iOS, Android, or macOS.
The Sandbox
The Sandbox cultivates a metaverse of engaged participants who contribute to the system’s continued advancement by emphasizing user-generated substance. Additionally, by introducing a new SAND token, the Sandbox promotes decentralized governance and enables consumers to contribute their perspectives and concepts to the project’s advancement. Decentralized governance is becoming a requirement in blockchain-based projects due to advancing technologies.
The company launched with a knock and quickly garnered approval and investment from a slew of industry heavyweights. Among them are Atari, Helix, and CryptoKitties.
Axie Infinity(AXS) vs Sandbox(SAND) Tokens
Axie Infinity
Smooth Love Potion (SLP) and Axie Infinity Shard (AXS) are in-game tokens in Axie, a Pokémon-like video game with a digital currency. These tokens, like any other in-game cash, can be used to buy a land, farm, and produce Axies.
There is an entire economy within the videogame (a world called Lunacia). The in-game tokens are Smooth Love Potion (SLP) and Axie Infinity Shards which can be used to buy land, create, or breed Axies in Lunacia (AXS). Gamers can use the tokens to pay for stuff like rent or groceries in real life because they are useful.
Token Name: AXS
Token Type/Protocol: ERC20/Ethereum
Total Token Supply: 270,000,000
Future Axie Prediction
Numerous investors in the crypto world are deliberating on whether it is profitable to spend in the AXS token, provided that the token is now trading at much more than $70, indicating significant volatility.
Even so, many eager investors are interested in this venture due to the massive engagement of daily players and Axie Infinity topping the NFT game charts not once but multiple times over the last week.
The Sandbox
Token Name: The Sandbox (SAND)
Total Token Supply: 3,000,000,000 SAND
Axie Infinity(AXS) vs Sandbox(SAND) Price and Market Cap
Axie Infinity
Market Cap: $6,898,840,010
24 Hour Trading Vol: $243,697,747
Fully Diluted Valuation: $27,439,146,001
Circulating Supply: 67,884,284
Total Supply: 270,000,000
Max Supply: 270,000,000
The Sandbox
Market Cap: ₿98,314
24 Hour Trading Vol: ₿28,079
Fully Diluted Valuation: ₿322,918
Circulating Supply: 913,364,619
Total Supply: 3,000,000,000
Max Supply: 3,000,000,000
Alternative NFT Games You Can Play
Not only Axie Infinity and CryptoBlades are widely known in the blockchain-based gaming world. There are supplemental online games that may have a more significant potential than Axie Infinity and CryptoBlades!
The following are the best five NFT games to keep an eye out for:
Gods Unchained
Gods Unchained is an unlimited access card trading game with NFT elements. Gamers obtain cards in two ways: they can purchase rare cards from other gamers or win PVP battles. Each card is supplemented by an ERC-721 token that can be bartered in-game for the in-game currency $GODS.
Alien Worlds
Alien Worlds is amongst the most popular blockchain games, with more than 13,000 players and 20 million in-game transaction data. Participants are welcome to create on top of different systems to succeed in Alien Worlds and obtain awards. The game is an NFT DeFi metaverse in which economic competition and collaborative player projects are encouraged. The game rewards players with trilium or $TLM, and gamers can purchase and construct a wide range of NFTs to meet their needs.
Splinterlands
Splinterlands is a blockchain-based collectible trading card game. If readers like “Magic the Gathering,” then they’re going to love this NFT adventure game. Splinterlands is a competitive match based on skill, in which players are partnered with opponents of equivalent skill levels.
Gamers can select from a wide range of entirely random battle environments, guaranteeing that each interaction is different! Preparing your set of cards in advance can aid you in formulating strategies and adapting to changing circumstances during combat. $SPS is the in-game currency, and participants can combine cards to enhance their strength or sell them for even more $SPS.
CryptoKitties
CryptoKitties is a lighthearted game built on the Ethereum blockchain. Participants must accrue a wide range of cats that they can then breed to increase their numbers. Additional activities, such as puzzle-solving, will facilitate gamers in advancing significantly more in the game. CryptoKitties can be thought of as a Pokémon-style game that incorporates NFTs. Given its widespread attraction and its role in popularising the concept of digital experience asset trading and blockchain structures, it is frequently referred to as the “godfather” of most NFT-based titles.
Consequently, the game’s prominence and player attraction have gradually dwindled as a consequence of the greater attention. The allure and abundance of kittens distorted the market and turned many players off the game, as the media frenzy rushed to cover CryptoKitties and the novel methods it employs.
Nevertheless, it continues to be one of the most beautiful and trendiest blockchain-based games accessible, and with time, this game has the potency to reclaim market dominance.
Sorare
Sorare is centered on the concept of fantasy football and is currently ranked among the top five NFT games. Like other fantasy football games, users build a squad around their favorite players and are compensated for their performance in real-world games.
The dichotomy for Sorare is that, rather than selecting NFTs, one’s squad is represented by them, giving this sport a distinctive taste.
Sorare tends to work like Axie Infinity, where collection and storage are central to the game’s gameplay. Gamers must locate and gather cards for their preferred gamers to earn rewards for their performance in real-world games.
FAQs
Is it better to invest in AXS than in Bitcoin?
Axie is a tougher investment than bitcoin, and it may beat it in the short term, but they are fundamentally different in the long run, therefore it’s best not to compare them. However, when visiting exchanges such as Binance, Primexbt, Kraken, and others, it may be a smart idea to acquire both. Even though AXIE has already blasted quite a bit.
Can we play The Sandbox for free?
Yes, you can play this game on your PC and mobile devices for free.
Is The Sandbox a multiplayer game?
Yes, it is a virtual world multiplayer game.
Is Axie Infinity legit?
Yes, it is a legit platform
Conclusion
Cryptocurrencies are only one facet of the larger crypto ecosystem, as 2021 has demonstrated. The NFT boom, and the resulting surge in blockchain gaming, started to grab a substantial chunk of the media’s attention. While no one grasped the purpose of NFTs as a phenomenon at first, crypto games created perfectly functional ecosystems for this new, unique sort of digital commodity, and now the expanding metaverse has hammered the nail on the head.
We hope that you liked this comparison article, you can stay tuned for more upcoming comparisons between various cryptocurrencies and games.
