Q4 will have land experience! The Sandbox will provide more additional features to landowners in the second half of the year: enhanced airdrops, staking rewards, etc.

Amid the hype surrounding the metaverse, The Sandbox set a record high for trading prices and popularity in its virtual world land auctions. However, as the trend shifts towards PFP NFT avatar-type NFTs, the value of land has plummeted significantly. Despite The Sandbox gradually opening up its virtual world map, the majority of land buyers have yet to enjoy their land space.

On 5/14, The Sandbox announced its plans for the second half of 2022 specifically for "landowners."

The Various Rights of The Sandbox Landowners

Airdrop Applications

• 1/22 2.5 million SAND airdrop completed
• 5/22 5 million SAND airdrop
• 9/22 SAND airdrop amount to be announced

Staking Bonuses

• 5/20 SAND-ETH staking implemented
• 5/22 SAND-MATIC L2, on Polygon
• 5/22 SAND staking L2, on Polygon
• 6/22 Landowners can mine in-game tokens CATALYST & GEM
• 7/22 Landowners can mine 10 million SAND L2 on Polygon

Note: The Sandbox has transferred all land smart contracts to Polygon and refers to it as an L2 scaling solution.

New Wave of Land Sales

• 6/22 Announcement of new land occupants, i.e., partners
• 9/22 New land sales will be conducted through lottery and KYC
• Q3 2022 Land sales in collaboration with Ubisoft, Paris Hilton, Warner Music, Gucci, adidas

In-Game Experiences

In Q3 this year, landowners will receive more tickets for The Sandbox's new maps, which require tickets, enhancing game rewards and exclusive draws.

Building Structures for Land in Q3

• In Q3 this year, use LAND to build ESTATES. Adjacent 1x1 lands can be merged into estates.
• In Q4 this year, experiences on land and estates will be available
• In Q4 this year, land and estates can be rented
• Game Maker v0.7 will be released

Accountability to Landlords

For players looking forward to developing private virtual worlds, The Sandbox is tantalizing to landlords. In a state where both coin prices and land prices are not as they used to be, how to keep investments and player communities eager will be a crucial issue.

During The Sandbox's lengthy development period, we have seen teams like NFT World bridging Minecraft as a transitional solution and Yuga Labs, in collaboration with The Sandbox, self-organizing virtual world projects like Otherside, all adding pressure to The Sandbox.

Introducing land into the staking system connected to token economics is a basic play in the NFT frenzy of staking NFTs for rewards. However, mining tokens can often be a double-edged sword, and the impact on token economics must be constantly monitored.