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Sandbox(SAND) vs Splinterlands(SPS) Metaverse Comparison: Tokens, Gameplay, Market Cap, Price
Although the metaverse has the potential to offer up a universe of possibilities, it is the individual who holds the true promise. In this article, you will find a detailed comparison between Sandbox(SAND) vs Splinterlands(SPS) on Tokens, Gameplay, Market Cap, and Price.
Through the sale of your virtual crafts, you can benefit from digital assets. Fundraising events, games, and collectibles may all be converted into digital assets that can subsequently be tokenized as in-game assets or made into play-to-earn games.
Users can invest in and exchange non-fungible tokens to make actual cash without ever needing to play. It’s even possible to create a virtual world that is identical to ours but improves on important aspects. However, it is critical to use a metaverse network that protects and validates the data it holds, as well as a currency to sustain it.
Sandbox(SAND) vs Splinterlands(SPS) Overview
The Sandbox
The Sandbox is a digital environment where metaverse currency called SAND can be used to buy and sell digital land and other goods. With the potential of SAND cryptocurrency, you may construct and alter anything you can dream of while selling your virtual experience.
The Sandbox is backed by SoftBank, one of the world’s most prominent digital investment organizations. You can buy, sell, and stake your digital plots and valuables. The Sandbox is a play-to-earn crypto game that lets you select how you want to use it. You can make your own video game, play other video games, own virtual land, and gather, construct, or control real estate.
The Sandbox’s metaverse is built on the Ethereum network, which ensures the highest level of safety and security. Nevertheless, this means that you may have to pay high gas prices from time to time. Nonetheless, its editor allows you to build unrivaled animations and structures while also providing you with strong tools to construct the virtual environment you desire.
Splinterlands
Splinterlands is a blockchain-based collectible card game that allows players to play and receive prizes for completing various in-game tasks, such as winning skill-based games and 1v1 game variants.
Non-fungible token (NFT) technology is used to support the trade cards owned by the game’s participants, making each one unique. Potions, rolls, lands, and customizable skins are some of the other in-game goods that may be purchased in Splinterland.
Splinterlands in-game objects can be bought and exchanged in the game’s market, or rented out to other players. NFT sites such as OpenSea, Monster Market, and many others list the video game’s collectible cards.
Due to its consistent growth since its introduction, Splinterlands has been regarded as among the most prominent NFT-based games in the industry. According to recent reports, the site has garnered over 100,000 gamers. One of the main causes was the introduction of the rental system, which allowed gamers to start playing the game without having to pay any money. Now, let’s read some about its gameplay.
Sandbox(SAND) vs Splinterlands(SPS) Gameplay
The Sandbox
By prioritizing user-generated content, the Sandbox creates a metaverse of interested parties that contribute to the system’s continual progress. The Sandbox also encourages decentralized governance by creating a new SAND currency that allows users to contribute their thoughts and opinions to the project’s growth. Due to technical improvements, decentralized governance is becoming a must in blockchain-based businesses.
Splinterlands
Water, death, light, fire, earth, dragon, and neutral are the seven (7) groups from which users must pick.
The player will next be prompted to select a card to play depending on the factions present in the game. Players, on the other hand, have a mana cap, which restricts the number of games they may play each day.
The player is matched with an opponent in a comparable bracket via the matching algorithm. Customizable skins and potions can also increase the qualities of each card. Splinterlands, on the other hand, unlike other games, constantly provides players the opportunity to earn prizes through quests and other in-game events.
To play Splinterlands, all you have to do is create a platform login and download a Web3-based account like Metamask. Furthermore, once you’ve made your membership, you may activate it for $10 by purchasing a Summoner’s Spellbook. Nevertheless, if you only want to test the game for free, you can wait till later to buy the Spellbook.
You cannot receive in-game awards, participate in competitions, trade in the market, or undertake other in-game transactions until you have acquired a Spellbook.
Sandbox(SAND) vs Splinterlands(SPS) Token
The Sandbox(SAND)
All operations in the Sandbox are based on SAND, the principal utility coin. The Ethereum ERC-20 token may be used to log in to the game, purchase and sell ASSETs, participate in governance, earn passive income through anchoring and instability mining, and much more! A LAND is a digital parcel of land based on ERC-1155 that users may purchase in The Sandbox metaverse and combine with ERC-721-based digital assets and The Sandbox Game Developer to create immersive content.
SAND, the indigenous coin of the Sandbox, is the basis for all transactions and payments in the game. It may be obtained in The Sandbox by participating in tournaments and playing computer games, or it can be purchased on a crypto exchange.
A DAO (Decentralized Autonomous Organization) structure allows SAND holders to propose and vote on important upgrades to The Sandbox platform. Holders can also bet SAND in the video game for a chance to win rewards, including a part of SAND’s revenue.
The total number of SAND tokens is 3 billion, with around 910 million currently on the market. With a price of roughly $7.5 per unit and a market value of more than $6 billion, it is now rated among the top 35 cryptocurrencies on the globe.
Splinterlands(SPS)
Splintershards (SPS) is a crypto management token that will be implemented into the Splinterlands game to provide players, asset owners, and other stakeholders with increased decision-making power and influence over the product.
Decentralized Autonomous Organization (DAO)
A set of smart agreements will be issued on the Binance Smart Chain (BSC) platform to set things up the Splintershards coin as a Decentralized Autonomous Organization, or DAO.
The Ethereum blockchain was initially chosen as the platform for the management token contracts; nevertheless, the energy fees needed to publish transfers to the Ethereum network have become cost-prohibitive, limiting what can be accomplished with the management token agreements and the number of people who can take part.
As a consequence, the Binance Smart Chain was chosen for a variety of reasons, including its massive popularity, low trading fees, quick transaction confirmation occasions, and the ability to quickly port smart agreements between BSC and Ethereum, allowing the Splintershards contracts to be relocated to Ethereum in the future if/when it makes perfect sense.
Customers will be able to invest their SPS coins in the smart agreements once they have been constructed and distributed, at which time they will be utilized for management voting in the DAO. All elements of how the token and accompanying smart contracts work will be able to be amended by a vote of committed SPS holders, and the Splintershards token will be 100 percent controlled and regulated by the community of token holders.
An oracle system will manage all interactions between both the Splinterlands game (which operates on the Hive network) and the SPS coins (which will operate on the BSC blockchain technology).
Sandbox(SAND) vs Splinterlands(SPS) 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
Splinterlands(SPS)
₿0.00000492 8.5%
Market Cap ₿1,706
24 Hour Trading Vol ₿81.272
Fully Diluted Valuation ₿14,674
Circulating Supply 348,834,919
Total Supply 453,437,499
Max Supply 3,000,000,000
Top Metaverse Cryptos
Are you looking for more metaverse cryptos for investment? Check out the list below:
Illuvium (ILV)
Illuvium is an open environment role-playing game (RPG) with a huge and gorgeous setting for players to explore. They accomplish tasks, find animals known as Illuvials, and probe the mystery that surrounds the land of Illuvium as they explore.
There are over 100 Illuvials to gather, each with its unique skills, classes, strengths, and weaknesses. When you find an Illuvial, you have the option of keeping it, upgrading it, or storing it in your player account. Illuvials, skins, and other valuables are all NFTs that may be exchanged in the game or on third-party systems like Illuvium’s decentralized exchange (IlluvDEX).
Illuvium is a cryptocurrency that works on the Ethereum platform and employs the ILV, a unique ERC-20 token. Illuvium, on the other hand, does not require ILV to play. The game is free in many places, with a premium paid membership option, although the ILV is central to the game’s structure. ILV may be used for liquidity extraction and governance by token holders. The videogame has a play-to-learn approach, in which players may earn ILV tokens by completing specified objectives, such as missions.
Gala Games (GALA)
Gala Games is a gaming environment that allows gamers to have greater control over their gameplay. Players can either keep their NFTs, which help with different gameplay tasks, or sell, trade, or give them to other players. Gala Games offers many NFTs, such as the CraneBot, that may be utilized in the game in which they were created as well as other video games in the same environment.
Gala Games, like other virtual world games, have their native token called the GALA. The GALA is a cryptographically safe currency that serves as the primary means of transaction between participants. GALA rewards both nodes and players, with the token incentivizing nodes and best players gaining tokens for playing.
Players may also utilize GALA to participate in Gala Games’ governance, giving them near-unprecedented power over the content and emergence of new games.
Although Gala Games is in its early stages, the development group has implemented clear objectives and a roadmap to achieve them. The GALA token has a lot of room to expand, and the gaming platform is actively working on many new titles that will be released shortly. GALA tokens and NFT awards are used to incentivize players and nodes.
The fact that Gala Games’ video games are free is one of its most appealing features. There are no costs, fees, or subscriptions for players that register an account. Due to Gala Games’ usage of the Ethereum network, customers may encounter significant gas prices while transferring currencies or completing transactions.
Flow Blockchain (FLOW)
Flow is a blockchain platform for developers that is meant to enable a wide variety of applications, games, and digital content. Its multi-node, multi-role design grows without sharding and concentrates the functions of different nodes, resulting in faster and more efficient performance. Flow protects the privacy and security of its customers’ data while also providing them with digital products that can be exchanged on the marketplace.
Smart agreements created in Cadence, a computer language that is easier and safer to use for cryptocurrency users, are among the other unique features of the Flow network. Users can have access to efficient, easy-to-use transaction on-ramps, while programmers have access to a wide variety of tools and built-in support.
Flow employs a proof-of-stake (PoS) consensus method, with validation distributed over a variety of nodes. Validation of transactions requires participation from each type of node. The multi-role design of Flow sets it apart from the competition, allowing the network to expand without sharding.
Conclusion
While metaverse blockchain architecture is well-established, the metaverse as a whole is still emerging, therefore it hasn’t yet taken shape. While there is a lot of speculation about what that will look like, the worth of non-fungible tokens remains a source of great ambiguity. Many NFTs, including those listed above, have shown their growth and potential, and that is why they are becoming more popular as an investment alternative.
