Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.
A metaverse is a virtual world where players can hang out, chat with friends, buy virtual real estate and even earn income.
Most metaverse games use nonfungible tokens (NFTs) as virtual parcels of land, clothing, avatars and other in-game assets. The players themselves “own” these games and their assets, creating a functioning economy that isn’t governed by a single entity.
Decentraland and The Sandbox are both metaverse games that allow players to own, buy and sell NFT collectibles. These games are very similar at first glance. Both are free to play and join, and buying digital assets — like virtual real estate — is how you progress. However, fees, plots of available land and capabilities are how they differ.
If you’re looking to focus on one metaverse, here’s how they compare.
Decentraland vs. Sandbox: Snapshot comparison
Compare the features of these two metaverse games side by side:
Decentraland
The Sandbox
Launch year
2017
2018
Plots of land
90,000 parcels
166,464 parcels
VR capabilities
No
No
Tokens in circulation
MANA: over 1.8 billion
SAND: over 1.06 billion
Crypto wallet required
No, but a software wallet required to store digital assets.
Yes
Wallets supported
Software wallets that can be integrated with browsers. Recommends MetaMask.
MetaMask, Bitskit and Venly
Marketplace fees
2.5% MANA cost in all transactions
5% fee applied to all transactions
Decentraland breakdown
Launched in 2017, Decentraland is built on the Ethereum network, developed by Esteban Ordano and Ari Meilich. It’s a 3D metaverse game that focuses on land sales and player engagement and uses NFT technology at nearly every level. It states that it’s the “first-ever virtual world owned by its users.”
Decentraland has over 600M active monthly users. Just to give you an idea of the scope and earning potential of this game: A play-to-earn poker game within Decentraland has around 6,000 unique players each day, generating more than $7.5M in revenue, reported by CoinDesk.
You don’t need a cryptocurrency wallet to play and explore Decentraland, but you need one to open earning capabilities and purchase in-game NFTs.
Players can explore, chat, create and sell unique avatar wearables and even trade ERC-721 game tokens.
Image source: Decentraland
Play-to-earn strategies in Decentraland:
Buy and sell LAND.
Mint avatar wearables to be sold at Decentraland’s market.
Earn royalties from wearable creations on secondary market sales (coming soon!).
Design your own play-to-earn games, scenes, challenges and more using the tool builder.
Stake MANA with third-party providers.
The Sandbox breakdown
The Sandbox is also built on the Ethereum blockchain. The game was originally created by the game studio Pixow in 2012 as a mobile phone game. It later became a PC game and was acquired and relaunched by Animoca brands in 2018.
Like Decentraland, The Sandbox is a decentralized 3D world-building game that uses NFT technology, but it also uses voxel assets to create 3D items. It has over two million registered users to date. Style-wise, it looks similar to Minecraft — where Decentraland looks more realistic than blocky.
Players need a cryptocurrency wallet to sign up and play, and the game supports three software wallets: MetaMask, Bitskit and Venly.
You can access the Voxel Editor to create 3D models (animals, avatars, vehicles, animations and more), buy and sell NFTs on The Sandbox Marketplace or use the Game Maker to make your own play-to-earn games on LAND — owned NFT virtual parcels.
Play-to-earn strategies in The Sandbox:
Create NFTs to sell on the market.
Create pay-to-play games.
Buy and sell LAND.
Rent LAND to other users.
Stake SAND-ETH on Uniswap or mSAND-MATIC on Polygon (and LAND staking soon).
Decentraland vs. The Sandbox: Real estate
Virtual real estate is available in many metaverses. In both Decentraland and The Sandbox, the virtual parcels are called LAND, which are NFTs, and have nearly identical purposes.
Depending on the metaverse, virtual parcels can be decorated with art NFTs, used as a place to host events or a place to build play-to-earn games and earn.
Decentraland
MANA is Decentraland’s native cryptocurrency, an ERC-20 token. It can be burned, spent in-game or used to buy LAND parcels. As of March 2022, MANA is valued at $2.49 USD, according to CoinMarketCap.
There are 90,000 LAND parcels. The parcels can be bought with MANA or Ethereum (ETH). Individual parcels are 16 square meters, virtually, and can have unique attributes that increase its value — near a district, road adjacent, waterfront, etc.
You can use LAND to host events, play games that you or other users create or interact with other players.
Since Decentraland only has 90,000 LANDs available, there’s more scarcity than The Sandbox’s total of 166,464. In terms of value, once all The Sandbox LANDs are claimed, which real estate is more valuable remains to be seen.
Mortgages in Decentraland
You read that correctly — you can take out a mortgage in Decentraland for LAND. Decentraland and Ripio Credit Network (RCN) partner to make mortgages possible — with the use of smart contracts — so LAND is more accessible to players.
While browsing LAND for sale on the Decentraland Marketplace, you can choose a LAND and select REQUEST MORTGAGE. An application requires you to enter the amount requested (in MANA). You’ll be required to make a 10% down payment of the LAND value.
However, putting in a mortgage doesn’t take the LAND off the market, and like a traditional loan, there are loan agreements and interest rates. The LAND is taken off the market once a lender fulfills the mortgage request. You’ll make periodic payments until the amount is paid in full, then you can officially claim the parcel.
The Sandbox
Users purchase LAND — ERC-721 NFTs — with SAND, the game’s native currency. SAND is valued at $2.93 USD, according to CoinMarketCap, at the time of writing.
Out of the 166,464 pieces of LAND, The Sandbox holds 16,704 to host special in-game events, and 25,920 LANDs are held in reserve for The Sandbox’s partners, creators and the like, according to StealthOptional. This means that 123,840 LANDs are, or will be, available for purchase.
To buy LAND from The Sandbox directly, look for official LAND sales on The Sandbox’s marketplace, announced on social media channels. Once LAND sales are sold out, or there isn’t an active sale, you’ll have to buy LAND on secondary mixed marketplaces, like Rarible and OpenSea.
LAND is used to host events, build games on and populate with ASSETs. Owners of LAND can also rent out parcels to other users. How often players use your LAND correlates to how much you can earn while playing.
LAND parcels can be combined to form ESTATEs, and an ESTATE that’s owned by more than one person is called a DISTRICT, which can be broken up into smaller LANDs.
Marketplace fees
On Decentraland Marketplace, there’s a 2.5% MANA cost in all transactions. There’s a 5% fee applied to all transactions on The Sandbox’s marketplace.
On both metaverses, you also need to pay a transaction fee — gas fee — when you interact with the Ethereum blockchain.
Gemini is a cryptocurrency exchange with a simple UI that's user-friendly and accommodating to newcomers and experienced traders.
Gemini's strongest point is its Gemini Earn program, which allows users to earn up to 7.4% interest on specified cryptocurrency balances.
Gemini has a wide selection of cryptos available for exchange on the platform. However, some notable entries from the top 20 by market cap are missing, such as Cardano and Solana.
Deposit Methods
Bank transfer (ACH) Cryptocurrency Debit card PayPal Apple Pay Google Pay SWIFT
Deposit Fees
Cryptocurrency: None Bank transfer (ACH): None, bank fees may apply Wire Transfer: Determined by your bank Debit Card: 3.49% + Trading Fees Paypal: 2.50% of total deposit amount + Trading Fees
Withdrawal Fees
Cryptocurrency: None (for 10 withdrawals and below per month) Others: None (for 10 withdrawals and below per month)
Trading Fees
Taker fee - 0.03-0.4% Maker fee - 0-0.2%
How do these games make money and who runs them?
Decentraland is overseen by the nonprofit Decentraland Foundation. The game makes money by issuing and holding MANA tokens. When it first started, it raised $26M by selling MANA to investors, according to Product Mint. Decentraland also makes money from transaction fees on its marketplace.
Similar to Decentraland, The Sandbox makes money from issuing and selling SAND tokens, and other digital assets. It’s overseen by Animoca Brands. The Sandbox also earns money from transaction fees on its marketplace.
Compare marketplaces to buy NFTs
1 - 4 of 4
Our final take
Overall, the games are similar, with both referring to virtual parcels as LAND, similar native currency values and a nearly identical way to earn income.
Both games lack VR support. However, in Decentraland, there’s talk of adding VR support soon.
Decentraland offers players the ability to take out mortgages to get LAND, which is a huge plus for players without the budget to pay for pricey LAND out of pocket. Additionally, creators will be able to earn royalties from NFTs created in game.
To progress in either game, you need a crypto wallet, some cryptocurrency to make LAND purchases to open up earning opportunities — and time on your hands. Both games are free to try, so giving each a test run could help you decide which is your cup of tea.
Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.
Bethany Hickey is the banking editor and personal finance expert at Finder, specializing in banking, lending, insurance, and crypto.
Bethany’s expertise in personal finance has garnered recognition from esteemed media outlets, such as Nasdaq, MSN, Yahoo Finance, GOBankingRates, SuperMoney, AOL and Newsweek. Her articles offer practical financial strategies to Americans, empowering them to make decisions that meet their financial goals. Her past work includes articles on generational spending and saving habits, lending, budgeting and managing debt.
Before joining Finder, she was a content manager where she wrote hundreds of articles and news pieces on auto financing and credit repair for CarsDirect, Auto Credit Express and The Car Connection, among others.
Bethany holds a BA in English from the University of Michigan-Flint, and was poetry editor for the university’s Qua Literary and Fine Arts Magazine. See full bio
Bethany's expertise
Bethany has written 448 Finder guides across topics including:
How likely would you be to recommend Finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Advertiser disclosure
Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which Finder receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Finder compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
