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Sandbox(SAND) vs Illuvium(ILV) Metaverse Comparison: Tokens, Gameplay, Market Cap, Price
Because of the popularity of interactive digital projects like Decentraland and Illuvium, the word “meta world” has recently become common in the encryption area. In this article, you will find a detailed comparison between Sandbox(SAND) vs Illuvium(ILV) on Tokens, Gameplay, Market Cap, and Price.
The term “metaverse” refers to a vast ecosystem of interconnected virtual environments wherein the players can communicate with one another, explore alternative digital worlds, and buy and sell tokenized artifacts with real-world value.
Sandbox(SAND) vs Illuvium(ILV) Overview
The Sandbox
The Sandbox is a simulated arena built on distributed ledger technology that enables people to create, build, purchase, and exchange digital assets via the perspective of a game. It was founded by Pixowl in 2011.
The Sandbox network’s main goal is to successfully integrate blockchains into popular titles. The platform intends to enable a unique “play-to-earn” strategy that allows users to simultaneously be entrepreneurs and players. The Sandbox has implemented blockchain technology by creating the SAND asset token, which can be used to purchase anything on the site.
The Sandbox is a one-of-a-kind network in the game industry because it is the first to leverage blockchain technology. The gaming industry, as Pixowl pointed out in 2011, is a significant untapped asset for blockchain development. By enabling players to create and gather blockchain-based goods in a virtual world, the Sandbox hopes to flood the market. It managed to carve out a niche for itself in the worldwide gaming industry.
Sandbox is a user-generated and community-driven system that allows users to construct and contribute to the metaverse, as well as commercialize game activities and digital items on the blockchain.
Unlike other prominent play-to-earn video games, The Sandbox does not have a predetermined gaming virtual world. Alternatively, it takes a flexible approach, allowing users to personalize anything using free and simple design tools.
Its blockchain-based online virtual world allows users to create, develop, design, buy, and trade digital resources within its ecosystem, and it accomplishes this by combining NFTs and DAO to generate a decentralized system for a lively gaming world.
The video game industry is a vast untapped sector when it comes to blockchain adoption, and The Sandbox provides players with a universe in which they may develop, collect, and build blockchain-powered resources, carving out a niche for itself in the worldwide video games industry by striving to revolutionize it.
Illuvium
Illuvium is a blockchain-based medieval war game that takes place in an open world. Illuvium is commonly referred to as Ethereum’s first AAA videogame, and it promises to provide a source of entertainment for both casual and die-hard DeFi fans with a range of collecting and trading features.
Illuvials, animals native to the land of Illuvium, can be kidnapped and tended back to recovery by players who beat them in combat. Thereafter, they become a loyal member of the player’s collection and can be used to combat other explorers in Illuvium’s automatic dueler gameplay.
The game is a cross between a multiplayer online combat game and an open-world adventure game. Gamers can devote the majority of their time exploring the breadth of the game world or putting together a powerful monster team.
Illuvium has been in operation since 2020, and it is directed by Kieran Warwick, a serial businessman and early bitcoin user, and Aaron Warwick, a skilled game designer. In the Illuvium network, the ILV token can be utilized in a variety of methods. It is the primary token used to award players for their accomplishments in-game, as well as give them access to their Illuvium Vault portion and participation in the game’s management via the Illuvium DAO.
Sandbox(SAND) vs Illuvium(ILV) Gameplay
The Sandbox
The Sandbox generates a metaverse of interested parties who participate in the system’s ongoing improvement by emphasizing user-generated material. The Sandbox also promotes decentralized governance by introducing a new SAND currency, which allows users to share their ideas and viewpoints to the project’s development.
Decentralized administration is becoming a requirement in blockchain-based enterprises due to technological advancements.
The startup got off to a fast start, attracting the interest and finance of a slew of industry heavyweights. Some of them include Helix, Atari, and CryptoKitties.
Illuvium
Illuvium is a full-fledged game rather than a blockchain-based project. It’s only available via a desktop program, but it comes with a bevy of DeFi apps, including a vegetable farm and a decentralized market.
In the Illuvium environment, players fight Illuvials and other users, engage in missions and epic quests, and follow the game’s general narrative. They collect Illuvials along the way, which have a variety of attributes that vary in rarity, utility, and attraction.
Though its category and affinity are the most important traits, each Illuvial also possesses several other attributes that add to its physical prowess, such as attack damage, strike speed, and aggressiveness. Illuvials acquire strength with time, maybe enhanced with in-game commodities, and can be modified into a special “ascended” form that advantages from both affiliations at once.
Each Illuvial has its own NFT, which may be freely sold outside of IlluviDEX on major exchanges. They come in three various types: ordinary, holographic, and dark special effects, the latter of which is pretty uncommon. They can also be combined to create more powerful forms.
The game will make money in a variety of ways, with in-game item purchases, crafting materials, beautification, and shard healing accounting for the majority of it. Users who secure ILV coins through an ILV buyback plan will receive 100% of this money as bonuses.
Illuvium has a fully 3D terrain including over 100 distinct Illuvials scattered throughout its many portions. Each Illuvial is designed by a team of top-notch designers to appeal to users who are used to playing high-end retail games.
Apart from that, it offers many features that distinguish it from other blockchain-enabled RPGs and AAA titles. Here are a few examples:
Layer-2 Integration
Although Illuvium is Ethereum-protected, it is built on Immutable X (IMX), a layer-2 approach for scaling NFT-enabled apps.
By utilizing Immutable X’s features, Illuvium assures that participants can mint and swap their NFTs with no gas charges and near-instant operation finality. Users have complete control over their assets when using IMX.
The IlluviDEX
Illuvium has developed IlluviDEX, an integrated decentralized exchange ecosystem. This might be used to safely exchange Illuvium assets such as Illuvial NFTs. A 5% charge is applied to each sale, with the proceeds going into the ILV staker rewards channel.
Yield Farming
The Illuvium produce farming initiative has been allocated 3 million ILV or 30% of the maximum available (10 million). These will be given out over three years to customers who offer liquidity, as well as through various partner incentive programs.
Sandbox(SAND) vs Illuvium(ILV) Token
The Sandbox
SAND, the Sandbox’s main utility coin, serves as the basis for all transactions. The Ethereum ERC-20 coin can be used to enter the game site, buy and sell ASSETs, engage in governance, make passive revenue through anchoring and instability mining, and much more! A LAND is an ERC-1155-based virtual piece of property that users can buy in The Sandbox metaverse to utilize with ERC-721-based crypto assets and The Sandbox Game Maker to build interactive experiences.
The Sandbox’s native coin, SAND, serves as the foundation for all types of transactions and payments in the videogame. It can be gained in The Sandbox by playing video games and engaging in competitions, or it can be acquired on cryptocurrency exchanges.
SAND holders can propose and vote on major enhancements to The Sandbox platform using a DAO (Decentralized Autonomous Organization) structure. Holders can also wager SAND in the game for a chance to win prizes, including a portion of the income generated by all SAND operations.
SAND tokens have a total quantity of 3 billion, with roughly 910 million currently in circulation. It is currently ranked among the top 35 altcoins on the planet, with a price of around $7.5 per token and a market capitalization of more than $6 billion.
Illuvium
Illuvium (ILV) is the indigenous utility token of Illuvium, a blockchain-based videogame. Illuvium is the first AAA game created on a public blockchain, and it is based on the Ethereum platform.
Sandbox(SAND) vs Illuvium(ILV) Price and Market Cap
The Sandbox (SAND)
₿0.00012421 -0.9%
Market Cap: ₿114,206
24 Hour Trading Vol: ₿27,721
Fully Diluted Valuation: ₿372,615
Total Value Locked (TVL): ₿0.00
Fully Diluted Valuation / TVL Ratio Infinity
Market Cap / TVL Ratio Infinity
Circulating Supply: 919,498,319
Total Supply: 3,000,000,000
Max Supply: 3,000,000,000
Illuvium (ILV)
₿0.02126077 -3.5%
Market Cap: ₿13,490
24 Hour Trading: Vol ₿576
Fully Diluted Valuation: ₿212,513
Total Value Locked (TVL): ₿1.367336
Fully Diluted Valuation / TVL Ratio: 155421.23
Market Cap / TVL Ratio: 9865.77
Circulating Supply: 634,776
Total Supply: 7,000,000
Max Supply: 10,000,000
Popular Metaverse Games You Can Try
Axie Infinity (AXS)
Axie Infinity is a virtual universe game similar to Pokemon, where anybody may earn tokens by playing well and using the ecosystem.
Players may battle, acquire, cultivate, and construct a land-based empire with the help of their pets. It’s the first time a cryptocurrency game has turned into a popular business concept game.
The governance token is AXS, which stands for Axie Infinity Shard, and the in-game economy is SLP, which stands for Smooth Love Potion and is used to create new Axies.
Axie Infinity now has between 1.5 million and 2 million daily active users, and this figure is growing as additional upgrades are released for the game.
The videogame still has a lot of room for growth with its next Land Gameplay Community Alpha, which will be released at the close of Q3 2021.
Decentraland (MANA)
Decentraland ($MANA) is a decentralized 3D virtual reality platform based on the Ethereum blockchain that allows users to develop virtual buildings such as casinos, art galleries, music halls, and theme parks and charge other users to access them.
On the Ethereum Blockchain, the platform has 90,000 land parcels, each of which is a unique NFT. Each patch of land is 16m by 16m, with a base price of 3.6 Ethereum (about $15,000).
Decentraland was founded in 2015, and it has been accessible to the general public from February 2020. It’s now operating on Polygon, a Layer 2 scaling solution.
The game lacks a roadmap since, since its public introduction in February 2020, it has evolved into a community-driven decentralized autonomous organization (DAO), with the community voting on modifications.
Tokens.com subsidiary Metaverse Group has completed the purchase of a block of land for 600,000 MANA ($2.4 million). The buying price was much more than quadruple the previous virtual property investment sale record.
While it was said that you may play mini-games, bet in online gambling, and visit NFT exhibitions in the application, you will find the server to be laggy and did not permit a seamless playing experience.
Star Atlas (ATLAS)
Star Atlas is a next-generation digital metaverse that combines cutting-edge blockchain, real-time visuals, multiplayer video games, and decentralized financial technology.
It employs Unreal Engine 5’s Nanite, which enables cinema-quality video game visuals, and it features real-time gaming technology. It makes use of the Solana protocol to provide a largely serverless and secure gaming experience.
The NFTs obtained and sold within Star Atlas establish an economy that is tangibly similar to real-world assets and sovereignty.
The first phase of Star Atlas’ five-phase program is currently underway. The next Phase 2 will include a browser mini-game, allowing the game to be played online. The game’s final release is Phase 5.
FAQs
Is The Sandbox free to play?
Yes, you can play the Sandbox free on your mobile phone and PC.
When will the Illuvium launch?
2022
Conclusion
Because Axie Infinity was only launched this year, we are still during the first year of play-to-earn cryptocurrency games.
To contend with their popular counterparts, crypto virtual world videogames would need additional AAA developers to join the team. Furthermore, there are dangers associated with investing in unpublished games because it is unknown if the audience will respond positively or negatively to the game’s official launch. Nonetheless, it will be interesting to observe how the space develops and grows in the following years.
