The Sandbox has launched The Sandbox DAO, its global community, to shape the future of the open metaverse. The company encourages users to propose ideas and participate in governance decisions.

The Sandbox ecosystem, built on blockchain technology with Web3 components and NFTs, boasts over five million users and aims to be community-owned and operated.

The introduction of The Sandbox DAO allows users to engage in platform-related activities. Community members, including participants, owners, creators, and brands, can vote and propose ideas on new gameplay features, platform events, reward mechanics, and more, such as determining player status based on the quantity of LANDS or NFTs owned.

Arthur Madrid, CEO & Co-Founder of The Sandbox, believes that the open metaverse should be governed by all its users to ensure longevity and push community boundaries. Blockchain technology enables this decentralized system, a trend expected to be adopted by platforms like Fortnite and Roblox.

In 2020, The Sandbox began decentralizing its economy through SAND utility tokens, allowing users to buy, sell, and publish virtual LANDS, earning SAND that can be exchanged for FIAT. Today, SAND ranks among the top ten gaming tokens and top one hundred cryptocurrencies.

Sebastien Borget, COO & Co-Founder of The Sandbox, calls the creation of an open metaverse a landmark moment. Four years ago, the company began empowering creators through decentralization, blockchain, and NFTs. Now, creators can influence platform expansion and initiatives, becoming citizens of a new digital nation.

The Sandbox invites its engaged global community to shape the metaverse's future through its Decentralized Autonomous Organization (DAO). This three-phase initiative, featuring a treasury of 25 million $SAND, marks a new era in decentralized governance.