The Sandbox introduces CATALYST tokens on Polygon, replacing gems with NFT coins. These ERC-1155 tokens allow users to mint, monetize, and sell creations, enhancing platform capabilities.
In an important step within the metaverse, The Sandbox introduces CATALYSTs, ERC-1155 tokens aimed at empowering creators. These tokens allow users to create ASSETs with defined rarity and attributes at five levels.
The all-new CATALYSTs tokens on Polygon Layer 2 serve as a replacement for gems in the NFT minting process. These ERC-1155 tokens also allow users to mint, monetize, and sell their creations, ushering in a new era of enhanced capabilities within the platform.
We are excited to introduce CATALYSTs
, a new ERC-1155 token designed to support creators on our platform.
The new CATALYST token allows their owners to earn ASSETs and define their rarity and properties based on different levels.
Learn more
https://t.co/b7UyGSvvoQ
— The Sandbox (@TheSandboxGame) December 10, 2023
CATALYSTs also gives users the opportunity to mint their published ASSETs, allowing them to monetize their collections. Additionally, each token corresponds to one copy of an NFT, and users can create multiple copies based on the number of CATALYSTs in their wallet, with one token required per copy of the ASSET.
The CATALYSTs system introduces five different types, each of which influences the outcome of the coining process:
- Legendary
- Epic
- Rare
- Unusual
- Just
The type of CATALYST used determines the rarity of the resulting ASSET. For equipment-based NFTs, CATALYSTs also offer a fixed number of points that users can distribute across different attributes, improving gameplay.
In particular, CATALYSTs play a crucial role in determining the rarity and performance improvement of minted equipment. They also contain attribute points that users can assign to strength, defense, and speed, with the level of each token determining the number of attribute points awarded. This innovative feature thus adds a dynamic and strategic layer to the minting process and provides users with a more engaging and customizable experience within the Sandbox platform.
How to get your own CATALYST tokens
The Sandbox will introduce CATALYSTs through strategic distribution to ecosystem contributors, increasing community engagement. The distribution is as follows:
- December 14, 2023: As a gesture of appreciation to all LANDowners, CATALYSTs will be donated. A snapshot will be taken on December 11, 2023 at 12:00 UTC to determine the eligibility of all LANDowners.
- Winter Event Rewards: In addition to SAND rewards, LAND owners who meet the Winter Event requirements will also receive CATALYSTs. This initiative aims to recognize and reward active participants in the Sandbox community, giving contributors an extra layer of value during the holiday season.
The introduction of CATALYSTs through this distribution underlines The Sandbox’s commitment to fostering community engagement and improving the overall user experience within its virtual ecosystem.
The Sandbox is a virtual gaming platform that uses the Ethereum blockchain, allowing players to generate, own and monetize their gaming experiences through the utility token SAND. Users can design voxel assets, transform them into non-fungible tokens (NFTs), and then introduce them to the marketplace.
Throughout its existence, The Sandbox has formed partnerships with notable brands such as Warner Music Group, Adidas, Gucci, Atari and Snoop Dogg, all of which have invested in virtual lands on the platform.
