Top Metaverse Altcoins | Decentraland vs Sandbox

Now that facebook has viralized the term Metaverse it seems like everyone wants To get into the metaverse or a metaverse And this has benefited the crypto Metaverse platforms especially the Leading ones look no further than Decentraland for example its native Token mana that’s m-a-n-a has rallied More than 400 percent since october 28th Similarly look at sand s-a-n-d The sandbox native token which has Rallied more than 300 Since that time but analyzing the token Growth alone is not enough to get a true Sense of which platform will be a leader In the metaverse space and so in this Video we are comparing decentraland to The sandbox in an effort to better help You make purchasing decisions so stick Around to the end of this video that’s When we’re gonna share our opinion as to Which one is a better choice [Applause] [Music] Hey guys i am maddie and we are altcoin Buzz a crypto investment research Company we’ve ridden the peaks and the Troughs in this cryptocurrency space for Several years now and i’m very happy to Say that we’ve been making millionaires Since all the way back in 2017 As i like to say not by accident either We’ve been successful in this space Because we’ve made some major and very

Public investments in big winners like Ethereum binance cardano crypto.com Engine matic network chili’s quant Network polka dot uni swap and many many Many other 100x roi projects and if you Don’t want to miss out on the next Potential cryptogem or altcoin moonshot Be sure to like this video subscribe to Our youtube channel altcoinbuzz also hit The bell to receive notifications that Way you are alerted by youtube every Time we publish new content but if you Want to go to the next level and gain Insider access to our early research Tips on the next potential 100x project In cryptocurrency then you need to be Part of our paid membership program that Is called altcoin buzz access and that Is now live and if that’s something that Interests you you can find a link to That service in the description below of Course the usual preamble before we Proceed i gotta remind you guys that Investment whether cryptocurrency Investments or otherwise entail Corresponding risk and as such this Video does not represent financial or Investment advice but you guys already Knew that all right let’s jump into the Metaverse all right so first let’s Introduce both metaverse platforms which Are being considered today and we’ll Start with decentraland whose ticker is Mana that’s m-a-n-a

So decentraland is a virtual reality Platform powered by the ethereum Blockchain and users can create Experience and monetize content as well As applications Land in decentraland is permanently Owned by the community giving them full Control over their creations next up we Have the sandbox whose ticker is send S-a-n-d So the sandbox is a virtual world where Players can build own and monetize their Gaming experiences in the ethereum Blockchain using sand the platform’s Utility token this platform aims to Create an immersive metaverse in which Players will create virtual worlds and Games collaboratively and without a Central authority let’s give some Consideration to the wallets of each Platform so from the site of Decentraland its native token mana has The erc20 standard however decentraland Has recently made a bridge with wallet Connect which allows polygon users to Participate as well on the other hand Sand sand the sandbox native token is Also an erc20 token what this means is That you can use any erc20 wallet in the Market for both projects and the most Common one displayed here is my ether Wallet however you can also use metamask If that’s your preference or even Trustwallet as far as wallets go we’re

Giving this one to decentraland let’s Discuss scalability next so considering That both projects are built on top of The ethereum blockchain their Scalability capacity is limited because Of the following factors first of all Very high fees and unfortunately many of Us are painfully familiar with this so Fees are paid in ether whose price right Now is quite variable and there’s a lot Of volatility in these fees another Factor is unstable tokens so the Ethereum blockchain is still undergoing A lot of changes and this includes Moving the consensus mechanism from pow Proof of work to the pos or Proof-of-stake system under the pow Mechanism ethereum has 20 transactions Per second however when ethpoint 2 Arrives this blockchain will have 20 000 Transactions per second approximately so That’s three orders of magnitude higher Both projects don’t really have enough Scalability capacity to adapt to massive Adoption however this will improve when Eth 2.0 proof of stake protocol arrives So for the time being we’re calling this One a tie let’s now consider governance So decentraland has two tokens land L-a-n-d this is the non-fungible parcels In which the virtual world is divided And decentraland also offers mana M-a-n-a An erc-20 token that is burned to claim

Land as well as to make in-world Purchases of goods and services Therefore decentraland has a dao a Decentralized autonomous organization Where the community will vote for things Like purpose and voting on policy Updates future land auctions white Listing of nft non-fungible token Contracts to be allowed inside the world Builder and marketplace and really Whatever the community deems relevant And other issues as well governance Voting takes place on the central lands Dow governance interface this is powered By aragon whereas on the other hand in The sandbox users need send s-a-n-d to Participate in governance decisions of The platform via a dow structure some Examples of voting include foundation Grant attributions to content and game Creators feature prioritization on the Platform roadmap the delegation of Voting rights to other players of their Choice and other variables as well in Conclusion the governance mechanism for Both projects have very similar Functions but decentraland has a more Structured voting platform and it’s Easier to find on their website so That’s why the winner in this case is Decentraland all right now we have to Discuss the team of each project Beginning with decentraland who have a Security advisory board sab that acts as

A guarantor of decentraland’s smart Contract security this team aims to Oversee the work of the dao committee And respond to vulnerability and bug Reports in any of decentraland’s Contracts also the sab includes five Solidity experts that have initially Been selected by the decentraland Development team the decentraland team Has important leaders in blockchain Engineering computer science venture Capital and data analytics and so they Have a lot of variety in terms of their Pedigrees and their backgrounds which we Always view to be a strength on the Other hand the sandbox team is Distributed in four different countries Specialized in startups and software Development finance as well as Blockchain business here we’re noticing That decentraland has three members in Its team whereas the sandbox has five Members of their core team plus five Advisors so there are more possibilities That the sandbox team will have better Developments and thus the sandbox wins This particular round in our humble Opinion let’s talk about purchasing Lands so the community owns the land in Decentraland and the sandbox forever This allows them complete authority over Their projects so therefore land owners Have authority over what material is Published on their parcels of land which

Is denoted by a set of cartesian Coordinates as a result land is a Digital asset that is non-fungible Transferable and rare that is kept in an Ethereum smart contract it may be Obtained by using an erc20 token known As mana to buy lands in decentraland you Have to go to connect your wallet and go To the marketplace and browse in the Parcel and estates section at that point You have to put the on sale option on And then you’ll see that the sky blue Squares will appear these are all the Available lands you can buy in Decentraland the best criteria to choose The best lands are the same really as You would have in real life in the real World you have to look for lands near Strategic places where people gather and Spend time location location location as Any real estate agent will tell you for Example universities casinos other Recreational places where people Congregate this will give your lands Higher value quickly and will make Better returns over time for example Browsing in the marketplace you can see In the picture that near the genesis Plaza there are some lands very near it And this is a big opportunity this would Be considered hot real estate to buy Lands in the sandbox you have two Options shown here you have the sandbox Marketplace but in addition you can also

Purchase lands on openc which is shown Here you only have to connect your Wallet choose the land and then pay also There’s a p2p nft trader where people Can swap their the sandbox and fts in a Secure and easy way and the best way to Buy affordable lands in the sandbox is By browsing in the marketplace then Writing down the coordinates of each Land and then looking to see if it’s Located near the land of a partnered Company on the map so for example here There is a land whose coordinates are Minus one seven one comma one two two And this can be purchased in open sea so You can put them in the coordinates Section in the map to see if it’s near Commercial lands now we’re still Discussing purchasing lands but as a Subsection here we want to consider Recent developments and it’s important To note that decentraland has announced New partnerships and developments like An open virtual gallery here with Sotheby’s something that’s known as the Wearable editor and they’ve also Announced the ability for users to shoot And edit videos inside the platform and Then on the other hand the sandbox’s Newest developments are the fact that it Migrated to a polygon nft layer 2 to use 100 times less energy than ethereum and They’ve also recently announced their Liquidity mining launch in conclusion

Both metaverse platforms are constantly Developing new features however the Sandbox’s nft migration is a critical Improvement for the platform that may Very well allow for exceptional Scalability therefore in this particular Case the sandbox wins all right now we Are talking partnerships beginning with Decentraland they have partnered with Cyberpunk polygon aka matic and atari to Name just a few and while that may sound Impressive on the other hand we have the Sandbox which is partnered with openc The walking dead they have also Partnered with atari socios.com a Favorite of ours because it’s affiliated With chili’s chz of course binance mr Snoop dogg ultra coin market cap the South china morning post wax wax maker Cryptokitties opera and flow as far as Partnerships go we have to give this one To the sandbox hands down as it just has An abundance of partnerships very well Done okay let’s consider access for a Second so decentraland has a guest mode Where anyone can start playing in their Metaverse without necessarily having to Connect to any related wallet however This means that the experience inside The game is very limited and the Information will be stored in the Platform On the other hand in the sandbox you Need to register first via an email a

Social media account or gmail or if you Prefer by metamask for this one we think That the sandbox gives users more access Alternatives and that’s why narrowly but That is why we’re thinking that the Sandbox wins this round all right who’s Ready for some token analysis beginning With decentraland whose native token Mana is an erc20 token and has multiple Use cases and features such as the Ability to make in-game purchases such As claiming land ownership it has a Fixed supply of 2.1 billion tokens it Allows you to pay fees when a parcel is Purchased and you can pay decentraland Development infrastructure costs with it As well it’s also burned to claim land Land tokens and this means that users Use mana to buy parcels and as i just Mentioned decentraland has another token Called land which is an erc72 token it’s An nft used to distribute lands in the Metaverse and it’s used by developers to Build in that same metaverse on the Other hand we have the sandbox which has Not only its native token called send But also has multiple class fungible Token and mcft Sans use cases are the following it’s First of all a platform utility token But it also provides developers true Ownership of their creations as nfts it Offers rewards participation it allows Users to upload publish sell assets

Represented in erc 721 and erc 1155 Standards users can trade digital assets It’s used for governance voting and There’s also a fee capture model wherein Five percent of transaction fees are Allocated in a staking pool as rewards For token holders staking rewards for Token holders as well and company Reserves which is 20 of the total token Supply moreover the sandbox has assets That’s ass ets tokens that is an erc 1155 standard which is used to represent A mix of a cryptocurrency and an nft in The same asset and we feel that this may Be perfect for the metaverse and finally The sandbox also has developed two more Tokens these are gems g-e-m-s These erc20 tokens are burned to give Attributes to the assets tokens and also Catalysts c-a-t-a-l-y-s-t-s These erc20 tokens are burned to mint Assets tokens to let users associate a Number of gems tokens to an asset tokens So we feel the sandbox wins in this Particular factor by far because they’ve Developed way more than token Development giving their metaverse Optimized features in conclusion and Considering all of these factors that We’ve analyzed here we can confidently Say that the sandbox offers not only a Truer but a more technically Comprehensive platform that is ready to Dominate the metaverse and decentral and

Along with mana are great we just feel That the sandbox is in a better position To really be a leader in this space head And shoulders above everybody else let Us know guys if you agree with this Decision which one do you prefer Decentraland or the sandbox let us know And start a discussion start a debate With us if you’d like in the comments Below of course as a reminder never Financial advice but best of luck and Godspeed if you do choose to invest if You’re still watching this video like Subscribe share hit the bell to receive Notifications don’t forget about our Altcoin buzz access link in the Description below if that’s something That interests you check out these other Videos guys which should be popping up Right about now stay safe members of the Altcoin buzz army and as always we do Hope to see you again soon in the next Video take care