Decentralized gaming platform Sandbox has introduced The Sandbox DAO, a decentralized autonomous organization (DAO). This DAO empowers the game’s users holding its native token, SAND, and the LAND nonfungible tokens (NFTs) to vote on various network improvements. These improvements, known as Sandbox Improvement Proposals (SIPs), are formal documents outlining proposed changes or enhancements within The Sandbox ecosystem.

Users holding five SAND or one LAND will be eligible to vote on the three foundational proposals to initiate the DAO’s operations. While Sandbox developers will retain some control over certain operations, the majority of control will be handed over to the community.

“From determining how we allocate critical funds to the next Game Jam theme, community members will have a say in how this platform evolves and where the business focuses its time,” the Sandbox team stated.

The DAO will be launched in three phases, with the first phase starting on May 28. According to the Sandbox team, this phased rollout will ensure necessary testing is done and any issues post-launch are addressed. The goal is “long-term success.”

In its second phase, known as the “exploration” phase, the project aims to separate itself from the parent company, Animoca Brands. The final phase will see the project become fully independent and community-driven.

Besides the community-driven approach, the DAO will also be guided by a council and advisers. The council members include Sebastien Borget, co-founder and chief operating officer of The Sandbox; Yat Siu, chairman of Animoca Brands; Shannon Snow, chief operating officer of World of Women; and Jean-Michel Pailhon, founder of Grail Capital. Council members will review all SIPs and provide feedback.

“They meet bi-monthly to review SIPs and can veto proposals based on legality, misalignment with the DAO’s vision, or redundancy,” the team added.

The Sandbox has been a popular destination for those interested in the metaverse. Despite its popularity, the price of SAND has decreased by 94.7% from its all-time high in 2021.

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