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The Sandbox

SAND
Currency=SAND.svg
€0.000EUR
Figures shown refer to the past. Past performance is not a reliable indicator of future results. Pricing data is provided by CoinJar.
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SAND

Overview

#116Popularity
GamingAsset type
2012Active since
Official site

What is The Sandbox?

Buy SAND: What Is The (SAND)? The Sandbox is a Web3-based decentralised game that players from around the world can enjoy. It’s not just any game; it’s a metaverse where creativity, ownership, and play intersect. Think of it as a virtual world where you can build, create, and explore.

Why do people buy the SAND Token?

SAND is the token of a Play-to-Earn (P2E) gaming platform. allows players to earn real rewards while playing. For example, players can buy and sell metaverse land and non-fungible tokens () within the game. These NFTs represent digital assets, such as virtual real estate, characters, and items.

By participating in the game, players can accumulate SAND tokens. Everything players acquire in The Sandbox is 100% owned by the player. Whether it’s a piece of virtual land or an NFT, it’s theirs.

Players can create structures, art, and experiences within the metaverse. These creations can be monetised by selling them to other players.

The game is known for being the crypto game most closely resembling Minecraft.. Players can build their own virtual world, designing unique assets.

How does the SAND token work?

The native cryptocurrency of The Sandbox is called SAND. It’s used for buying land, NFTs, and other assets. Players earn SAND by participating in the game, creating content, and trading.

Metaverse land

The Sandbox is divided into parcels of virtual land. Each parcel is an NFT. Owning land allows you to build on it, create experiences, and even host events. Players can buy, sell, and trade land parcels using SAND.

NFTs in the Sandbox

NFTs in The Sandbox represent unique digital assets. These can be characters, buildings, or anything players create. Artists and creators design NFTs, and players can purchase them using SAND. The more creative and valuable the NFTs, the more SAND players can earn.

Conclusion: SAND crypto

The Sandbox is a blend of gaming, creativity, and blockchain. It’s where players become creators. So, whether you’re building a virtual castle, designing a futuristic spaceship, or simply exploring the metaverse, SAND is noteworthy.

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How to buy The Sandbox with CoinJar

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Frequently asked questions

What Is The Sandbox (SAND)? How does the Sandbox work?

The Sandbox is a virtual metaverse built on the Ethereum blockchain, where players can build, own, and monetise their gaming experiences using the platform’s utility token, SAND.

Players can create digital assets in the form of Non-Fungible Tokens (NFTs), upload them to the marketplace, and integrate them into games using the Game Maker.

What Is Proof of Stake (PoS) Consensus Mechanism?

PoS underlies Ethereum’s consensus mechanism. Validators explicitly stake capital (in the form of ETH) into a smart contract on Ethereum.

Validators check new blocks for validity and occasionally create and propagate new blocks themselves. If they act dishonestly, their staked ETH can be destroyed.

What are fungible tokens and NFTs?

Fungible tokens are interchangeable (like money), while NFTs are unique and non-replaceable digital assets.

NFTs represent ownership of digital or physical items and are stored on the blockchain. They can be art, music, videos, or anything tokenised.

What Is user-generated content in The Sandbox?

User-generated content refers to creations made by players within The Sandbox. These can be virtual structures, art, or experiences built on their owned LAND parcels.

LAND represents digital real estate where players can build and populate games and assets.

What is the utility token SAND?

SAND is an ERC-20 utility token used throughout The Sandbox ecosystem for transactions, staking, and governance. It’s used to buy and sell assets, including those created using the VoxEdit software, and to participate in the metaverse.

How does Play-to-Earn work in The Sandbox?

The Sandbox is a play-to-earn platform where players can earn SAND by participating in the game, creating content, and trading.

Owning land allows players to monetize their time by renting or populating it with content.

What is the Sandbox metaverse?

The Sandbox is a virtual metaverse where players can build, own, and monetise their gaming experiences. It’s a virtual world where creativity, ownership, and play intersect, powered by the Ethereum blockchain.

What is real estate in the Sandbox?

Land parcels in The Sandbox game represent digital pieces of real estate. Players can buy, build on, and populate them with games and assets. Multiple land parcels can be combined to form an estate.

What is the active circulation of SAND?

The current circulating supply of SAND is approximately 2.3 billion tokens. SAND is actively traded, with a 24-hour trading volume of $49.7 million USD.

How can investors monetise digital assets in the Sandbox?

Users can monetise their time on the platform by:

-Creating and selling assets as NFTs on the marketplace.

-Owning and renting out land parcels.

-Building and monetising games using the Game Maker.

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