The Sandbox To Migrate To The Polygon Network

The Sandbox is moving its smart contracts over to the Polygon network.

The Sandbox is Migrating to Polygon

In an official announcement, it was revealed that The Sandbox has begun preparations to move its smart contracts to the Layer-2 Polygon blockchain.

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With the migration, The Sandbox ecosystem will be undergoing some changes. Of particular note is that LAND and SAND tokens will be bridged, which will serve to make the ecosystem cheaper and greener, with the added benefit of providing more features.

The Sandbox & Polygon: What Does the Migration Mean?

The Sandbox has already started its deployment and bridge to Polygon. Thanks to this, users can look forward to means lower gas fees, higher energy efficiency, LAND multipliers for staking, faster operations, and more.

The Sandbox is deploying on Polygon

The contract addresses are as follows:

  • LAND on Polygon: 0x9d305a42A3975Ee4c1C57555BeD5919889DCE63F
  • SAND on Polygon: 0xBbba073C31bF03b8ACf7c28EF0738DeCF3695683

The Bridge on both blockchain networks:

  • Ethereum โ€” 0xCd1C7C85113b16A5B9e09576112d162281b5F860
  • Polygon โ€” 0x03c545163bd114D756c65DDA1D97D37b89dA2236

New Features

Following the full deployment of The Sandbox on Polygon, users will be able to enjoy some new features.ย 

  • Staking

As mentioned earlier, LAND multipliers will make their return. With the successful implementation of the bridge, users will gain a 15% LAND contribution multiplier that will be applicable in conjunction with all SAND and SAND-MATIC staking.ย 

All users will be able to enjoy the benefits of the multiplier, though LAND owners in particular will gain extra rewards for staking SAND based on the amount of LAND they own. Any new LAND staking features will henceforth be developed on Polygon.

  • Cashback

Along with the addition of the LAND multiplier, the transition to Polygon will also unlock an exclusive cashback program. The Sandbox will be implementing a 1M $SAND cashback mechanism as a means of smoothing out the migration and lowering gas fees. For every LAND migrated to Polygon, users get 10 mSAND cashback.

Upcoming Updates

The Sandbox team revealed that as migration progresses, users will gain access to more features, and a roadmap to that effect has been provided.

Hereโ€™s a quick overview of the updates mentioned in the official blog post:

  • ASSET Tokenย 

The ASSET token is scheduled to be deployed and bridged by the end of July 2022.

  • LAND Sales

All upcoming LAND sales will hereafter be held on the Polygon Network, while all sales hosted on the Layer-2 will incur lower gas fees. With this, The Sandbox hopes to provide a โ€œless frustratingโ€ buying experience.ย 

  • ESTATEs

Once the โ€˜ESTATEโ€™ modification has been implemented on the Polygon network, users will be able to merge their LAND to publish โ€˜EXPERIENCEsโ€™.ย 

  • EXPERIENCE

Post migration, users will be able to build EXPERIENCEs on their LAND on Polygon. More details are expected to be provided as the launch nears.ย 

To learn details about the migration, you can visit the official blog.

About The Sandbox

The Sandbox is a Play to Earn game in which players own land,andย  build on it to create games, voxel art, and more. Playerโ€™s creations can then be monetized through the platform.

Over the last year, The Sandbox has collaborated with a plethora of famous brands and celebrities, including Ubisoft, Adidas, Atari, Playboy, Deadmau5, Snoop Dogg, and more.

On the Flipside

  • One of the major โ€œconsโ€ of The Sandbox was its high Ethereum gas fees. With its migration to Polygon, players will be hoping that the issue is resolved with a smooth transition.

Why You Should Care

  • The Sandboxโ€™s migration to Polygon will make operations cheaper in the metaverse
  • With the transition, The Sandbox has checked off another important milestone in its roadmap

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Nitisha Upadhye

Nitisha is a freelance crypto gaming reporter and journalist. Her areas of specialization are Play to Earn, NFT games, GameFi, and blockchain gaming โ€“ including, but not limited to โ€“ Axie Infinity, Splinterlands, The Sandbox, My Neighbor Alice, and projects under Gala Games and Animoca Brands. Before joining DailyCoin, Nitisha actively worked in video game and esports media outlets and reviewed crypto exchanges. Understanding that it's only a matter of time before blockchain changes the gaming industry, Nitisha began covering P2E games at DailyCoin.

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