SandboxSAND

SAND is the Sandbox platform's utility token. Players can use SAND for making transactions, staking, and voting on governance proposals.

Price History
$0.00
Vol0.00SAND
1D
1W
1M
1Y
MAX
Market Info
Market Cap
$2,508,300,000
Diluted Market Cap
$2,508,300,000
Vol 24h
$1,065,835
Vol / Market Cap
0.0004
24h Change
-0.23%
1h Change
0.19%
24h High
$0.86
24h Low
$0.83
Latest Block
-
Block Reward
-
Hashes Per Second
-
Circulating Supply
3,000,000,000
Max Supply
Uncapped
Consensus
-
Algorithm
-
Genesis Block Date
2019-10-29
Data provided by CryptoCompare
About

A brief history
The Sandbox platform was launched on the Binance trading platform in August 2020. The Sandbox is a virtual Metaverse where players can build, own, and monetize their virtual experiences. The Sandbox is made up of three products: VoxEdit, The Sandbox Marketplace, and The Sandbox Game Maker. VoxEdit allows users to create and animate 3D objects in the metaverse, such as people, animals, and tools among other items. These objects are referred to as ASSETS and use the ERC-1155 token standard, allowing for both fungible and non-fungible tokens (NFTs) to be minted with a single smart contract. Next, The Sandbox Marketplace is a space in which users publish and sell their ASSETS after first uploading them to the InterPlanetary File System (IPFS). Lastly, The Sandbox Game Maker allows users to create 3D games for free.

SAND in practice
By providing an ecosystem for tokenized assets in gaming, The Sandbox ecosystem makes use of several different tokens. SAND is an ERC-20 token that powers all of the ecosystem’s transactions and interactions. SAND tokens are used to play games, purchase equipment, or customize your avatar. SAND also serves as a governance token of the platform. SAND can also be used to purchase ASSETS and LANDS, digital pieces of real estate which are represented by ERC-721 tokens (NFTs). Players use their LANDS to house games and ASSETS. Additionally, SAND tokens can be staked to acquire more SAND, as well as Gems and Catalysts- two other types of ERC-20 tokens which are required for ASSET creation. In addition to being acquired via the staking of SAND, Gems and Catalysts can be purchased from other players. There is also a transaction fee where 5% of all transaction volume carried out in SAND tokens is charged. 50% of this revenue goes toward the Staking Pool as rewards for token holders who stake SAND tokens, and 50% to the “Foundation,’’ which supports the Sandbox ecosystem.

Project Links
ETH Creator Address
0x18-72f8
ETH Contract Address
0x38-a5d0
Documents
Whitepaper
Please verify all project links, data may change over time. Be vigilant of scams interpreting official projects.
ROI
USD
ETH
BTC
6H
0.00%
0.00%
0.00%
1D
-1.22%
-0.19%
-0.50%
1W
-6.43%
-6.07%
-5.78%
1M
-12.15%
0.93%
-9.64%
6M
-75.78%
-37.03%
-42.41%
1Y
38.68%
133.49%
198.49%
3Y
-
-
61900.00%
5Y
70936.53%
16178.35%
15974.07%
USD
SAND

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