Blockchain Gaming Platform The Sandbox Launches $2M Creator Fund

Announcements, Blockchain, FinTech, Innovation | February 7, 2019 By:

Pixowl , a creator of world-building experiences that was recently acquired by Animoca Brands, has announced that its forthcoming decentralized blockchain gaming platform, The Sandbox, is launching a $2 million USD Creator Fund to support artists around the globe making and sharing creations on its platform.

Approved creators making new content will be rewarded with grants in their choice of fiat currency or cryptocurrency (including the platform’s own ERC-20 SAND token).

The Sandbox is a community platform where creators can monetize voxel assets and gaming experiences. The Sandbox has 40M installs and 1.2M monthly active players on mobile, and Pixowl will soon launch a decentralized version built on the blockchain, which will allow PC and Mac users to monetize the non-fungible tokens (NFTs)they use in the game.

The Sandboxfor blockchain aims to disrupt the market by providing the first blockchain platform offering the large community of creators its own NFT builder gaming ecosystem.

“With The Sandbox, we are developing the first User Generated Content NFT marketplace and providing a decentralized future for content discovery,” said Arthur Madrid, CEO and Co-Founder of Pixowl and The Sandbox. “Our new Creator Fund offers an attractive option for creators to really own their assets while making money through publishing their creations on our platform.”

In The Sandbox, any creative person can make their own static or animated voxel objects. The creative process is aided by the platform’s VoxEdit tool that will allow anyone to create and animate NFT objects from scratch or import existing creations.

For the first time, creators will be able to publish their voxel creations on the blockchain as NFTs, virtual tokens ensuring digital scarcity, security and authenticity without the limitations of central control.

Models made by artists will be unique and their scarcity provable on the blockchain in perpetuity, allowing them to be freely and securely traded in The Sandbox as well as on third-party NFT marketplaces, including OPSkins/WAX, a leading NFT exchange, and many others. With true ownership of their NFTs, creators will hold a vested interest in success of The Sandbox.

“The combination of the Creator Fund and our VoxEdit toolset provide an incentive for artists to get into The Sandbox early, potentially making their NFT assets the go-to models in their respective category,” said Arthur Madrid. “We want to fast track our vision of a voxel building platform online, as titles like Minecraft and Roblox have shown that creators of all ages can build online user generated content beautifully and at scale—anyone can build a ‘digital LEGO’ with almost no learning curve or special skills.”

The Sandbox’s Creator Fund is an initiative supporting all talents without any distinction of age, sex or country of origin. Money from the fund will predominantly be used to pay for artists to submit original voxel models via grants on a per-asset basis. Artists will be able to register to qualify for grants, submitting their voxel models to The Sandbox team for approval. The Creator Fund is a revolving fund that will be replenished using transaction fees from the game’s Marketplace, scheduled to launch in Q2 2019. Artists can visit fund.sandbox.game to sign up today to get notified when the Fund begins accepting applications.