Indubitably, the COVID-19 pandemic showed the world its virtual side at large. If it wasn’t all, Facebook’s name change to Meta in 2021 grabbed the eyeballs and made ‘Metaverse’ a debatable topic.
In between these debates and conversations, people from the cryptocurrency and blockchain industry started making it a reality.
Fast forward to this day; we have Decentraland and Sandbox – the two most talked about Metaverse projects. But what are these? Are they any different from each other? How do you invest in them?
If you have all these questions, this article is for you to get an idea of the features and differences of both these leading Metaverse projects. Rest, you can decide!
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Sandbox Vs DecentralandYou may have gotten an idea of both the metaverse ecosystems that have been built on the Ethereum blockchain. While both MANA and SAND are ERC-20 tokens, both ecosystems offer different experiences with multiple similarities.
The NFT collection of both these platforms is available on OpenSea where you can bid and become an owner of a specific coordinate on one of the metaverse. If you want to own a piece of land on the Decentraland ecosystem, you may want to bid for ‘Parcels’. If you want the same on The Sandbox ecosystem, place your bid for ‘LANDS’.
The Sandbox consists of 166,000 LANDS that are divided into districts (owned by 2 or more people) and estates (owned by one person). You can customize and monetize your land by featuring play-to-earn games or renting the space. Further, you can also trade items on the Sandbox ecosystem.
Decentraland consists of 90,601 PARCELS that you can purchase in their marketplace with MANA. They are generally grouped with estates and districts similar to The Sandbox ecosystem.