The Sandbox DAO Empowers $SAND and LAND Holders

The Sandbox DAO Empowers $SAND and LAND Holders

Play To Earn Games | 31 May 2024 11:42 UTC

How The Sandbox DAO lets $SAND and LAND holders vote on key proposals and shape the future of the gaming metaverse. Get involved today!

Quick Overview: The Sandbox DAO

What You Need to Know:

  • The Sandbox DAO Launch: The Sandbox has launched its very own DAO, giving $SAND and LAND holders the power to shape the metaverse.
  • Phased Rollout Plan: The DAO rollout will happen in 3 phases, starting with foundational voting, moving towards more autonomy.
  • Voting and Participation: Anyone with 5 $SAND tokens or a LAND plot can vote. Voting Power (VP) is based on holdings in Ethereum and Polygon networks.
  • Sandbox Improvement Proposals (SIPs): Submit and vote on SIPs to influence treasury allocation, game jam themes, and new gameplay mechanics.
  • Community Governance: The goal is an open metaverse governed by its users—creators, players, and LAND owners.
  • Environmental and Humanitarian Efforts: Initial proposals include actions for environmental protection and humanitarian causes.
  • Co-Founder Insights: Arthur Madrid and Sebastien Borget emphasize the importance of community governance and decentralization.

With these points, you're all set to dive into the detailed breakdown of The Sandbox DAO. Let's get into the specifics!

The Sandbox DAO: A New Era in Gaming Metaverses

Hey everyone, check this out! The Sandbox has just launched its very own Decentralized Autonomous Organization (DAO). This is absolutely wild! Now, $SAND token holders and LAND plot owners have the power to shape the future of this gaming metaverse.

Voting on Sandbox Improvement Proposals

Join the fun and make a difference! The Sandbox DAO lets you vote on key issues like treasury allocation, game jam winners, and new gameplay mechanics. This is your chance to have a say in how the metaverse evolves. Submit your ideas through Sandbox Improvement Proposals (SIPs) and see your vision come to life!

The Sandbox DAO Rollout Plan

We're breaking new ground here! The Sandbox DAO rollout is in 3 phases. The first phase started on May 28th, with limited options for voting and proposing ideas. The second phase, Exploration, will see the DAO becoming more autonomous. The third phase will unlock all features and streamline the proposal process.

How to Participate in The Sandbox DAO

You won't believe what happens next! Anyone with a plot of LAND or at least 5 $SAND tokens can participate in governance. Your Voting Power (VP) is based on your holdings across the Ethereum and Polygon networks. This is your chance to make your voice heard in the community governance.

Environmental and Humanitarian Proposals

The first set of SIPs are now live for voting, covering foundational details for the DAO. Plus, there are proposals focused on environmental protection and humanitarian efforts. A new set of proposals will be published every other Wednesday at 9 AM CET. Let’s dive into the details and see how you can contribute to these significant causes.

Co-Founder Quotes

Arthur Madrid, Co-Founder and CEO of The Sandbox, said, "We believe a gaming open metaverse must be governed by all users: creators, players, and LAND owners to make it timeless and push the boundaries of our community." Sebastien Borget, Co-Founder and COO, added, "Four years ago, we began empowering creators through decentralization, blockchain, and NFTs. Now, these creators hold the power to decide how the platform should evolve."

Your voice matters—get involved! Head over to The Sandbox DAO and start voting on proposals. Together, we can build an amazing metaverse!

The Sandbox DAO Empowers $SAND and LAND Holders
The Sandbox DAO Empowers $SAND and LAND Holders

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