Planet Sandbox price

PSB

#6756

Token Name: PlanetSandbox

Token Symbol: PSB

Total Supply: 100,000,000

PSB is the native governance token, which is run on Binance Smart Chain. Token Utility: * In-game transactions * Trading activities of NFT on marketplace * Staking to earn APY * Governance and DAO participation

Planet Sandbox is developed by Defun Studio - a passionate and professional team from Vietnam in blockchain technology & game development. Their vision is to bring the best game experience to players. The team has more than 8 years of experience in the game industry and more than 2 years of experience with Blockchain technology.

At the moment there are a total of 20 staff and according to their founder, the team will upscale to 30+ at the end of the year.

Advisory board includes Thi Truong - founder and CEO of Icetea Labs, Polka Foundry & RedKite LaunchPad, Eric Su - CEO of ExNetwork Capital and Larry Shi, the founder of Basics Capital.

Planet Sandbox is an innovative blockchain-based game that merges the excitement of sandbox gaming with the cutting-edge technology of blockchain and NFTs. It stands out in the gaming world by offering players the ability to create, customize, and monetize their virtual worlds and experiences. At its core, Planet Sandbox is a physics-powered NFT sandbox shooting game, providing a unique blend of creativity and action.

Players have the freedom to design and own arenas where they can engage in battles against others, utilizing NFT weapons and accessories. This not only adds a layer of strategy and personalization but also integrates the play-to-earn model, allowing players to earn through gameplay and contributions to the ecosystem.

The game is powered by two tokens, $PSB and $PULV, which facilitate various in-game transactions, trading activities on the marketplace, staking, and participation in governance through a DAO. The $PSB token, in particular, serves as the governance token and is built on the Binance Smart Chain, highlighting the game's integration with the broader blockchain ecosystem.

Planet Sandbox is developed by Defun Studio, a team with deep expertise in both game development and blockchain technology. Their vision is to deliver an unparalleled gaming experience that leverages the best of blockchain technology to empower players. The team's commitment to innovation is evident in their plans for AR/VR integration and expansion to multiple platforms.

The project has garnered significant attention and support from the blockchain and gaming communities, evidenced by a successful funding round led by notable incubators and venture capital firms. This support underscores the project's potential to redefine gaming through blockchain technology.

In summary, Planet Sandbox is a dynamic and engaging platform that offers a new dimension to gaming by combining sandbox creativity, NFTs, and blockchain technology. It provides a space where players can not only enjoy immersive gameplay but also participate in the burgeoning play-to-earn economy.

Planet Sandbox incorporates several layers of security to ensure the safety and integrity of its gaming environment and its native tokens, $PSB and $PULV. The security framework is multifaceted, addressing both the digital and operational aspects of the platform.

Firstly, the security of Planet Sandbox is anchored in its smart contracts, which govern the mechanics of the $PSB governance token and the $PULV token rewards. These contracts are designed to facilitate in-game transactions, trading activities on the marketplace, staking mechanisms, and participation in governance and DAO. By leveraging blockchain technology, specifically running on the Binance Smart Chain, these contracts ensure transparency, immutability, and security in transactions and token management.

In addition to the blockchain-based security measures, Planet Sandbox employs a range of centralized corporate controls to safeguard its ecosystem. These controls are essential for managing the operational aspects of the platform, including user access, data protection, and internal processes, ensuring a secure environment for both players and developers.

Sandbox testing and zero trust sandbox technology form another critical component of Planet Sandbox's security strategy. These technologies provide a robust defense against malware and other external threats. Sandbox testing allows the development team to test new code and game features in an isolated environment before they go live, reducing the risk of vulnerabilities. Zero trust sandbox technology, on the other hand, operates on the principle of "never trust, always verify," ensuring that all access requests, even from within the network, are fully authenticated and authorized, minimizing the potential for breaches.

The comprehensive security approach of Planet Sandbox, combining smart contract integrity, centralized controls, and advanced sandbox technologies, reflects its commitment to creating a secure and enjoyable gaming experience. Players and investors are encouraged to conduct their own research to understand the risks and benefits associated with participating in the Planet Sandbox ecosystem.

Planet Sandbox emerges as a dynamic entry into the gaming and blockchain space, blending the immersive world of NFTs with the excitement of sandbox-style gameplay. This platform is designed to offer a multifaceted gaming experience where creativity, strategy, and competitive play converge.

At its core, Planet Sandbox is a physics-powered NFT sandbox game, enabling players to engage in shooting battles across various game modes. The unique aspect of this platform is its emphasis on player ownership and customization. Gamers have the opportunity to construct and personalize arenas, leveraging an array of building items. These arenas serve not just as battlegrounds but also as virtual real estate that can generate passive income, transforming gameplay into a potential investment.

The game is fueled by two primary tokens: PSB and PULV. PSB, the governance token, facilitates in-game transactions, NFT trades on the marketplace, staking rewards, and participation in the game's decentralized autonomous organization (DAO). PULV, on the other hand, is used within the game for various transactions, including minting and burning processes, adding an inflationary aspect to the game's economy.

Planet Sandbox's development is spearheaded by Defun Studio, a team with extensive experience in both game development and blockchain technology. Their vision is to craft an engaging and expansive metaverse, with plans to incorporate AR/VR technologies and expand the game across multiple platforms, including web, mobile, and PC.

The project has garnered significant support, evidenced by a successful funding round that attracted notable incubators and venture capital firms. This backing underscores the project's potential to redefine gaming within the blockchain space.

For those interested in diving into Planet Sandbox, the game's tokens can be acquired on various exchanges, enabling participation in this evolving virtual world. Whether it's through designing game modes, battling in arenas, or engaging in the game's economy, Planet Sandbox offers a diverse array of play-to-earn opportunities within its metaverse.

Planet Sandbox has experienced several pivotal moments that have significantly shaped its trajectory within the cryptocurrency and gaming landscape. These events span from strategic developments, game feature launches, to notable partnerships and financial milestones, each contributing to the project's growth and community engagement.

One of the earliest milestones was the unveiling of the 2022 roadmap, which outlined the project's vision and the key features planned for release. This roadmap set the stage for what the community could expect, including the development timeline for new game modes and the integration of an NFT ecosystem. These NFTs are not just digital collectibles but play a crucial role within the game, offering players unique abilities, weapons, and customization options for their characters and arenas.

The launch of the game modes provided players with diverse gameplay experiences, allowing them to engage in various forms of combat and strategy. This variety has been crucial in retaining player interest and expanding the game's user base. The introduction of the NFT ecosystem further enriched the gaming experience by enabling players to own, trade, and utilize unique digital assets within the Planet Sandbox universe.

Financially, Planet Sandbox announced a successful funding round, raising $1.5 million from several prominent incubators and venture capital firms. This financial backing not only provided the necessary resources for continued development and expansion but also validated the project's potential in the eyes of investors and the broader cryptocurrency community.

Strategic partnerships with other blockchain projects have been instrumental in expanding Planet Sandbox's reach and interoperability within the blockchain ecosystem. These collaborations have opened up new avenues for growth, innovation, and user acquisition.

The launch of the project's token sale marked a significant financial event, offering the community an opportunity to invest directly in the project's success. The tokens, $PSB and $PULV, serve multiple purposes within the ecosystem, from facilitating in-game transactions to governance and staking rewards.

Updates on the marketplace and NFTs have kept the community engaged, providing regular enhancements and new opportunities for players to customize their gaming experience and earn through play-to-earn mechanisms.

In summary, Planet Sandbox has navigated through a series of key events, from roadmap announcements and game mode launches to successful funding rounds and strategic partnerships. These milestones have collectively contributed to the project's development, community growth, and position within the cryptocurrency and gaming industries.