LAND presale: F.A.Q.
In preparation for our very first LAND presale round, we have made a list of frequently asked questions to help users get started with The Sandbox metaverse.
In this article, you can find out all there is to know about our LAND presale, the blockchain features behind our tokens, smart contracts, the importance of a LAND in our metaverse, and the process to get your piece of The Sandbox.
If you have more questions for us, please join our Discord or Telegram group where you’ll find members of The Sandbox to help you out:
What is a LAND?
LANDS are scarce and unique tokens (NFT) that are basically plots of digital space in The Sandbox that will enable their owners to create, monetize, and play games.
Find more information in our article about LAND: http://bit.ly/2pFjykd
How do I buy a LAND?
To buy a LAND you’ll need the following:
- A MetaMask or Bitski wallet
- ETH, the Ethereum blockchain cryptocurrency
- Select a LAND from The Sandbox MAP
Find more information in our articles: https://medium.com/sandbox-game/blockchain/home
Where I can see my LAND?
How much time do I have to wait for the transaction?
Once you have selected your LAND and before the final check out, you’ll need to specify a gas fee, a transaction fee that you need to pay when interacting with the blockchain.
You’ll be able to select an amount that should range from a few cents to less than $1 USD, with lower fees corresponding with a longer wait. It should only take minutes to complete the transaction even at lower rates.
Does it matter the location I choose on the map?
The Sandbox map will already contain reserved estates and parcels from investors and other blockchain projects that are associated with us. If you choose a location that is close to one of these parcels and estates (for example, close to the Sandbox Estate), your LAND should be more valuable.
How much does a LAND cost?
Prices will be fixed in USD on our primary marketplace until LANDS are sold out. The price for the Public LAND sale will be $48 USD, but if you participate in our presale you’ll get significant discounts.
You can find the advantages of participating in our LAND presale (aka discounts and LAND location) in our latest article about it: https://medium.com/sandbox-game/land-token-economics-1efe442eb49
What is a wallet & how do I create one?
A digital wallet is a piece of software that manages your cryptocurrencies and also allows you to interact with blockchain technologies like Ethereum. You can use this digital wallet in The Sandbox marketplace to publish and sell your digital creations using the Ethereum blockchain.
The Sandbox uses MetaMask and Bitski wallets, and you can find a guideline on how to create one here: https://medium.com/sandbox-game/blockchain-101-how-to-setup-your-wallet-in-the-sandbox-75d6670ea0da
What is a gas fee (gwei)?
Ethereum is considered to be a world computer, operated by many computers across the world. This means that interacting with it incurs a small transaction fee called “gas” to compensate the operators of the Ethereum network.
This gas fee is paid in Ether and can vary in price depending on how quickly you wish to publish your creations. Generally, you should expect this fee to range from a few cents to less than $1 USD.
How to buy Eth?
In preparation for the first round of LAND presale launching this December 4th, we want to give you a heads up on how to participate and get your piece of The Sandbox metaverse.
In order to do so, you will need to fill-up your Sandbox wallet with ETH.
This process consists of 3 simple steps:
1. Set up your wallet in The Sandbox (Metamask/Bitski)
2. Buy ETH on a third-party exchange (Coinbase/Wyre/Coinswitch)
3 Send ETH from the exchange (Coinbase) to your Sandbox wallet
Full tutorial here: https://medium.com/sandbox-game/blockchain-101-how-to-buy-eth-7d653e5074dc
The Sandbox Gaming platform
What can I do with a LAND?
LAND is your ticket to a creative world you can customize, populate with ASSETS, and bring to life as a space to play in, explore, or just host friends for social experiences.
You’ll be able to create game experiences that can be monetized, place your ASSETS (NFTs) that you buy from our marketplace, and combine it with more LANDS in order to create ESTATES.
Find more about LAND in this article: https://medium.com/sandbox-game/the-sandbox-tokens-lands-730b36217070
When I will be able to use my LAND?
The Sandbox game maker, which you’ll be able to use to place your NFTs, create game experiences and more, will not be available before Q1 of 2020.
You can take a look a our roadmap here: https://www.sandbox.game/en/roadmap/
If you don’t see the question that you have here, we recommend you to join our social channels and get help from our team members.