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Sandbox Jungle May 2022 GameFi Metaverse/ NFT Tokenomics News Website Launched

San Juan Capistrano,United States - May 9, 2022 /PressCable/

In 2018, Pixowl decided to bring its successful User Generated Content gaming IP into the blockchain ecosystem, with the goal of providing creators true ownership of their non-fungible tokens (NFTs) for their participation in the ecosystem. Explaining this further with regular reports of the GameFi, Sandbox Jungle introduces itself as the latest DeFi resource for those interested in play-to-earn NFT tokenomics.

More details can be found at https://sandboxjungle.com

The newest GameFi resource discusses The Sandbox blockchain gaming platform which integrates various products for a comprehensive experience of User Generated Content (UGC) production. This means that users can secure copyright ownership for their user-created content through blockchain and smart contracts.

This offers a unique and more user-friendly tokenomics as users can upload, publish, and sell their NFT creations and still be assured of their ownership. Creations are first uploaded in the Ethereum blockchain – after being made with VoxEdit – and then registered in the same ecosystem to prove ownership. Once this is accomplished, GameFi creations (now called ASSETS) can be sold in the decentralized marketplace.

The Sandbox is a community-driven platform where creators can monetize voxel ASSETS and gaming experiences on the blockchain. Each ASSET utilizes the ERC-1155 standard and can be traded as normal in the marketplace.

NFTs operate within the blockchain ecosystem and typically represent real-world assets. Unlike cryptocurrencies which can be traded for one another, NFTs are virtual tokens that are rare due to their unique QR code embedded in them. Because of their inherent scarcity, NFTs are considered one-of-a-kind investments, with experts noting them to form a multi-trillion industry by the end of 2022.

Sandbox Jungle understands all of these and regularly releases reports on the latest DeFi news, including an introduction to the GameFi community – the latest trend in the blockchain technology industry.

It invites readers to regularly check its website for the newest updates on the market. Its latest report talks about the projected growth of GameFi and how it will begin to affect traditional banking systems.

Interested parties can find more information by visiting https://sandboxjungle.com

Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.

Contact Info:
Name: Visibility 360
Email: Send Email
Organization: Visibility 360
Address: 27454 Via Petra, San Juan Capistrano, California 92675, United States
Phone: +1-707-477-0643
Website: https://visibility-360.com/

Source: PressCable

Release ID: 89074712

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