The Sandbox Hires Ex-PlayStation, Apple Exec to Drive Game's Creator Economy
Nicola Sebastiani, who previously worked at Ubisoft and PlayStation, is joining The Sandbox to lead its creator economy push.
Nicola Sebastiani (left) and The Sandbox co-founder Sebastien Borget. Image: The Sandbox
Voxel-style NFT gaming platform The Sandbox has hired game industry veteran Nicola Sebastiani to be its chief content officer and help develop the crypto-forward company’s creator economy, the firm announced Tuesday.
Sebastiani has worked in the gaming industry for years, from a role on Ubisoft’s mobile team to co-founding the Apple Arcade subscription service for the App Store, and ultimately leading PlayStation’s mobile strategy over the last two years. Now he has moved into the Web3 world with The Sandbox.
“I think that we are at a historical shift in gaming,” Sebastiani told Decrypt in an interview. “We are fully entering the creator economy.”
Sebastiani believes that user-generated content, or UGC, is a gaming trend that will continue to gain popularity. And while The Sandbox primarily offers mini-games and gaming experiences within its broader platform, Sebastiani said that he wants players to feel free to use the platform however they like, whether it’s for socializing or experimentation.
“I really think of us as a social platform,” Sebastiani said of The Sandbox.
In addition to the game’s creator economy, Sebastiani will also oversee game publishing, internal game production, and the development of The Sandbox tools Game Maker and VoxEdit at the company.
Compared to rival platforms in the broader gaming industry like Roblox, Fortnite, and Minecraft, The Sandbox requires some knowledge and use of crypto and NFTs to fully experience. Users can connect their crypto wallets, purchase in-game items with its SAND token, and buy virtual land NFTs to build on and play within.
“I think it’s critical to The Sandbox as far as ownership, as far as giving creators and players leverage on their achievements, what they build,” Sebastiani said of the platform’s crypto elements.
A major step toward empowering creators is giving them the ability to publish and potentially monetize their own experiences. Sandbox players will finally be able to build and self-publish their experiences by the end of this year, according to the company.
The Sandbox, which has seen roughly 4.5 million registered crypto wallets, takes a 5% platform fee which Sebastiani said “is reinvested in the community” via different methods such as the company’s Game Makers Fund.
By comparison, Epic Games currently takes 12% of creator revenue, Roblox takes 30%, and rival NFT-powered platform Decentraland takes 2.5% of creator revenue.
The Sandbox saw approximately 3,840 unique active wallets engage with the platform in the past month, generating a total of $2.26 million in total volume traded according to data from crypto analytics firm DappRadar. Decentraland saw about 2,770 unique wallets generating roughly $19,880.
Overall, crypto-powered game platforms remain much smaller than industry titans like Roblox, which boasts over 200 million monthly active players. Epic’s Fortnite sees similar numbers, with about 230 million monthly active users as the platform increasingly shifts toward emphasizing its user-generated content.
The Sandbox and other crypto-powered metaverse platforms may have to continue to appeal to creators to stay competitive as the creator economy evolves. Goldman Sachs predicted earlier this year that the $250 billion creator economy will continue to grow, and could swell to become a $480 billion industry within the next three years.
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The League of Kingdoms’ Web3 Transformation
Unleashing the Power of Profit, Community, and Fun in Gaming through Blockchain Technology and revolutionizing the Gaming Landscape
In the ever-evolving world of digital gaming, one name stands out as a trailblazer in the industry: League of Kingdoms. This innovative game, listed on the XWORLD platform, is a testament to how Web3 technology can transform the gaming landscape by seamlessly combining profit, community, and fun.
The major titles of Web 3.0 games include Axie Infinity, where you can raise and collect different ‘Axies’, The Sandbox, which aims for open metaverse, and NBA Top Shot, which is a collection of sports player cards and games.
However, most Web 3.0 games at their current state are mainly focused on pursuing “profit” rather than “fun”, and merely emphasize on the fact that game players can acquire in-game item ownership through blockchain and NFT. In addition, as in the case of Axie Infinity, the issue of sustainability continues to be raised.
For a game to have sustainable gameplay and growth, it must not miss the ‘fun’ element as well as the ‘profit’ element. Only when player-focused ‘community’ element is integrated on top of these will it truly be a Web 3.0 game of the players, by the players, for the players.
League of Kingdoms is a 4X strategy game that takes the concept of gaming to a whole new level. The 4X strategy game refers to a strategy game that focuses on “EXplore,” “EXpand,” “EXploit,” and “EXterminate”.
GamePlay
In general, factors such as base construction, technology research, managing troops and resources, scouting surroundings, and rivalry and monster battles are part of the gameplay.
GamePlay of League of Kingdoms
There are a lot of ways to play it, such as plundering other kingdoms or farming monsters for various resources. Because playing with friends is more fun than fighting others, you can also join an Alliance. It also has multiple events that will let you complete various activities each day for unique rewards. The game has four standard resources to collect: Wood, Stone, Corn, Gold, and Crystals. While they can be easily farmed, the latter mostly come from events, quests, and store purchases.
Users who have played existing mobile games such as Clash of Clans and Rise of Kingdoms would find this kind of gameplay familiar.
Game-Changer
While the company took all the profits in Web 2.0 games, League of Kingdoms distributes a portion of the profits back to the players, just like what XWORLD is doing. Through $LOKA and $DST, the game is designed so that the community is enabled and rewarded for making their own game and governance operation through DAO is effectively possible.
League of Kingdoms is the game that has secured both “profit” and “community” along with “fun”. When the game was released, instead of initially disclosing the tokens, it first focused on the excellence and fun of the game to build a sustainable gameplay environment for players to thrive. They have already secured a loyal player base through excellent game quality, and now the team wishes to return to them more rights and rewards for their contributions to the game.
The gameplay is immersive, engaging, and designed to keep players on their toes. But what sets League of Kingdoms apart is its transformation into a Web3.0 game and Decentralized Autonomous Organization (DAO), combining profit with fun and sustainability.
Game Economy (NFT)
The transition to Web3.0 has allowed League of Kingdoms to incorporate blockchain technology into its core mechanics. This integration has led to the creation of a unique game economy, where in-game tokens play a crucial role. These tokens, which can be earned, traded, and used within the game, add a layer of complexity and excitement to the gameplay. They also provide a tangible reward for players’ time and energy, making the gaming experience more profitable and sustainable.
The potential of this type of gameplay is immense. By integrating blockchain technology, League of Kingdoms has opened up new avenues for player engagement and monetization. Players are not just consumers; they are active participants in the game economy, contributing to its growth and evolution. This level of player involvement is unprecedented in the gaming industry and sets a new standard for future games.
1. LAND
LAND represents ownership of certain coordinates of the continent within the game as an NFT. LAND holders can earn a certain portion of the revenue (10%) generated from the coordinate and increase the level of LAND by obtaining LAND development points. Its amount is limited to a total of 65,536 (256×256), and the higher the demand, the higher the value of the LAND will be.
2. Drago
Dragos can be owned or traded as NFTs. Drago boosts combat capabilities by putting magical enhancements on combat forces, and if you have Drago, you can gain $DST and $LOKA. The initially issued Genesis Drago is limited in total quantity and has one of five attributes: fire, wood, ice, light, and darkness.
3. Resources
Food, lumber, stone, and gold, which are important resources in the game, are produced every time the game play time passes, and accumulated resources can be issued as NFT and traded at OpenSea.
Game Economy (Tokens)
League of Kingdoms has two tokens: the governance token $LOKA and the utility token $DST. Representative P2E games that have separated protocol tokens into two in this way include “Axie Infinity” and “Star Atlas.”
In general, the reason for such separation of governance and utility tokens is to separate the inflation of goods that comes from gameplay and the inflation of blockchain governance that comes from staking.
1. LOKA (League of Kingdoms Arena)
LOKA is an in-game governance token that represents voting rights for the League of Kingdoms operations policy. You can get LOKA through gameplay, and receive in-game profits by staking.
$LOKA holders can decide on how to utilize League of Kingdom’s Council Vault (hereinafter referred to as ‘Treasury’) through governance staking. Treasury is incurred in marketplace transaction fees, in-game payments (on-chain payments), LAND sales, NFT upgrades, and bridging. This Treasury can be used in a variety of ways, including token burning, buyback, user compensation for P2E, landowner compensation, etc.
In addition to the usage of Treasury, governance can also vote on various factors in the game, such as land compensation rates. LOKA holders ultimately make decisions to enable long-term growth and sustainability for gameplay.
2. $DST (Dragon Soul Token)
$DST is an in-game utility token that is used to breed and raise Dragos. $DST is mainly used to breed Dragos. Each Drago has its own attributes and ratings, so players need a suitable Drago for every situation. As the number of players increase and the demand for Dragos grows alongside with it, the demand for $DST is also expected to increase.
In conclusion
League of Kingdoms is more than just a game; it’s a game-changer. Its innovative use of Web3 technology, unique game economics, and commitment to player engagement and profitability make it a standout in the gaming industry. As more games follow in its footsteps, we can expect to see a new era of gaming that is more engaging, rewarding, and fun.
XWORLD(xworld.pro), a platform dedicated to promoting high-quality games and apps, recognizes the value that League of Kingdoms brings to the table. XWORLD highly values the balance of profit and fun for all Internet digital citizens and rewards them for the time and energy they contribute. By listing League of Kingdoms, XWORLD is endorsing its innovative approach to gaming and its commitment to providing a rewarding and enjoyable gaming experience.
If you’re a gamer or an internet user interested in the future of gaming, follow XWORLD on Twitter at https://twitter.com/xworld_pro to stay updated on the latest developments in Web3 games, NFTs, and tokenomics. Don’t miss out on the revolution; join the League of Kingdoms and experience the future of gaming today.
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Game On! XWORLD, Gamota, and VNG Join Forces to Revolutionize Your Gaming Experience
Strenghen the Power of Gaming with XWORLD’s Strategic Partnerships and Unbeatable Deals
In the dynamic world of gaming, where the virtual and real often blur, a new alliance has been forged. XWORLD, the trailblazing Web3 Games & Apps Store, has formed a strategic partnership with Gamota and VNG, two of the gaming industry’s titans. This partnership is set to redefine the gaming landscape, offering gamers an unparalleled experience and the cheapest way to top up their favorite games.
Imagine this: You’re in the heat of battle, your avatar’s health is dwindling, and you need to top up your game credits. But instead of the usual hefty price tag, you’re greeted with the lowest price on the market. Sounds like a gamer’s dream, right? Well, with XWORLD, this dream is now a reality.
XWORLD’s partnership with Gamota and VNG is more than just a business deal. It’s a revolution, a game-changer (pun intended) that aims to more reasonably allocate the interests between game application providers and users. This means more savings for you, the gamer, and more opportunities for everyone to profit.
But let’s not forget about the non-gamers. If you’re an ordinary internet user who’s been on the fence about diving into the gaming world, now is the perfect time. With XWORLD’s unbeatable deals, you can explore the exciting realms of Gamota and VNG’s games without breaking the bank.
This partnership is a testament to XWORLD’s commitment to pushing the boundaries of what’s possible in the gaming industry. As a pioneer in the Web3 Games & Apps Store space, XWORLD is not just setting the pace; it’s creating a whole new race.
So, whether you’re a seasoned gamer or a curious newbie, this partnership is a win-win. It’s a chance to experience gaming like never before, with more fun, more savings, and more profits.
But don’t just take our word for it. Follow XWORLD on Twitter at https://twitter.com/xworld_pro to stay updated on the latest news and deals. Dive into the world of XWORLD, Gamota, and VNG, and discover the future of gaming today.
In the words of a famous game character, “It’s dangerous to go alone! Take this.” And by ‘this’, we mean the unbeatable deals and exciting gaming experience that XWORLD, Gamota, and VNG offer. So, gear up, gamers. The game is on, and it’s time to play!
Remember, in the world of XWORLD, Gamota, and VNG, everyone’s a winner. So, what are you waiting for? Join the revolution and start gaming like a pro today.
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