Decentraland vs Sandbox: Similarities & Differences

What is Decentraland?

Decentraland is a browser-based 3D virtual world. It is an Ethereum-based platform where users may buy virtual plots of land as Non-fungible Tokens (NFTs). They can develop these lands using tools provided by the platform and use them to earn Decentraland’s own cryptocurrency, MANA.

Decentraland is a Decentralized Autonomous Organization (DAO). It implies that the platform runs over a Smart Contract stored in the blockchain. It gives the users direct control over the rules and policies to operate the virtual world. They can command control through voting rights conferred on them by virtue of holding tokens of the platform.

What is Sandbox?

The Sandbox is an Ethereum-based virtual world. It makes use of blockchain technology, Defi, and NFTs. It is a play-to-earn platform where users can create and monetize games and other digital assets using free tools. To start building their gaming experience, users have to buy LAND, the virtual real estate NFT of The Sandbox.  

The ownership of digital items lies completely with the user. They monetized it as NFTs and traded for SAND tokens, the virtual currency on The Sandbox.

Decentraland Sandbox
Launched in
2020
2012
Founders
Ariel Meilich & Esteban Ordano
Arthur Madrid & Sebastien Borgat
Token type
Native
Utility
Governance
Fully decentralized
Partially decentralized. Moving towards fully decentralization
Token
MANA, LAND, and ESTATE
SAND, LAND, ASSETS, and GAME
Transactional cost
2.5% MANA - Transactions taking place in the Marketplace will be subject to a "Marketplace Transaction Cost" as per DAO's decision
5% SAND - A 5% transaction fee is applied. 50% of this fee is allocated to the Foundation Fund and the other 50% is allocated to the Staking Pool.
Market Cap
$3.4 Billion ($3,422,343,985)
$2.9 Billion ($2,938,876,929)
Cryptocurrency Wallet
Not needed to play games and explore Decentraland but to access capabilities and purchase NFTs
Needed for all operations right from signing-up and playing the game
Visual & Graphics
Generic 3D Models
3D Voxel design
Circulating Supply
1.84B MANA
1.15B SAND