The total supply of MANA was fixed initially at 2.8 billion but already 600 million have been burned thanks to LAND auctions. They don’t burn their tokens and instead place them back into the ecosystem as grants to creators and staking pools.Īnother point of concern is that the company and team are planning to sell their SAND tokens in the next 3 to 5 years so that 100% of the tokens are held by the community which can significantly affect the price of the token.ĭecentraland on the other hand has a larger cap, at around $6.8 billion, which makes the cryptocurrency more difficult to move upwards. In December they’ll release another 300 million SAND which can potentially drive the price down. The Sandbox has a total supply of $3 billion with around 900 million in circulation today. It also has a mid-sized market cap, with around $6.3 billion, which makes it easier to keep climbing through the ranks. Purchases in the SAND token make it more valuable. The Sandbox has one of the most traded NFT marketplaces in the space. Although there’s no concrete date to start this integration, once it’s carried out it will be a game-changer to the whole metaverse ecosystem. It’s also exciting to point out that there’s a proposal to make Decentraland interoperable with at least four other metaverse worlds. By early 2022 this should already be active. They also want to bring creators, brands, and celebrities to the space and allow them to make NFT drops and advertisements. Many lucrative sales have occurred inside these virtual galleries, like the sale of 914 Wonder Woman NFTs from former DC comic artist, Jose Delbo, for $1.85 million. In addition, Decentraland recently partnered with Sotheby, one of the biggest auctioneers in the world. It’s more community-driven, but recently a proposal to delegate it to the Decentraland Foundation has been approved and we’ll hopefully soon see its release.ĭecentraland has been expanding the NFT space with in-game art galleries where people can buy and sell art and even talk with the artists directly via voice chat. Similar to Decentraland’s casino jobs, The Sandbox wants to create in-game jobs where people can work as they would in the outer world.ĭecentraland doesn’t have a specific roadmap in place. They want to have 5,000 games available by the end of 2023, some of which have already received funding from The Sandbox Foundation. They plan to bring the virtual world to its origins, mobile devices, before the end of 2022, and they’re also thinking about launching it on consoles like Xbox and Playstation. It should’ve happened earlier, but the deadline was pushed further probably because of its integration with Polygon (currently in development). The Sandbox metaverse is in beta mode and the alpha launch is set for November 29th, after four years of development. Decentraland’s marketplace is currently outside the top 10 NFT projects by sales volume. As in The Sandbox, you can modify parcels and monetize them as both rent or play-to-earn games. These are grouped into individual parcels, estates (multiple parcels), districts (parcels with similar themes), and plazas (untradable parcels owned by the community). Just so you know, its marketplace is currently ranked in the top 10 NFT projects by sales volume.ĭecentraland has 90,601 parcels of land and they can be purchased in the Decentraland marketplace with its native token MANA. You can both customize and monetize the land (rent or feature play-to-earn games) and trade items on the Sandbox marketplace. The Sandbox consists of 166,000 plots of land which can be grouped into estates (owned by one person) or districts (owned by 2 or more people). On the one hand, these realities mimic what people do in the physical world (like purchasing land or getting a job) and on the other hand expand their power beyond the possibilities of the outer world. Both platforms have developed virtual worlds on the Ethereum blockchain.
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