Question 1

What is Planet Sandbox (PSB)?

Accepted Answer

Planet Sandbox (PSB) is a digital asset and the native governance token of the Planet Sandbox platform, a physics-powered Non-Fungible Token (NFT) sandbox shooting game. The game allows players to build and own arenas, engage in various game modes using NFT weapons and accessories, and offers play-to-earn opportunities within its Metaverse. PSB operates on the Binance Smart Chain.

Question 2

What is Planet Sandbox (PSB) used for?

Accepted Answer

PSB tokens serve multiple purposes within the Planet Sandbox ecosystem. Players utilise PSB tokens for a variety of transactions within the game, including purchasing items or services. In addition, PSB is employed in the trading of NFTs on the marketplace, facilitating the buying, selling, or exchanging of unique digital assets. Token holders have the opportunity to stake PSB tokens to earn an Annual Percentage Yield (APY), thereby incentivising long-term investment. Moreover, PSB holders are able to participate in the governance of the platform and engage in decision-making processes, contributing to the strategic direction and development of the ecosystem.

Additionally, the platform empowers players to customise their land and design game modes. The land system provides creators with diverse possibilities to build on different landscapes such as Grass, Desert, Mountains, and more. The game also includes multiplayer modes where players can compete and earn prizes.

Question 3

Who created Planet Sandbox (PSB)?

Accepted Answer

Planet Sandbox (PSB) was founded by Minh Nguyen, who also holds the role of CEO. Working with him are Anthony Chu as the CTO and Steven Lee as the Blockchain Leader.