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The Sandbox (SAND)
2.46%
$ 0.121694
$ 0.002994
⇣ 0.118360
16 Jan
⇡ 0.124586
What is The Sandbox (SAND)?

The Sandbox is a decentralized virtual world governed by its users, where players have the authority to design, share, and monetize assets and gaming experiences. As one of the few Blockchain-based virtual worlds aiming to transform the dynamics of the gaming market, The Sandbox rewards creators through user-generated content. It is built on the Ethereum Blockchain as an ERC-20 utility token.
Created by Pixowl, The Sandbox is an Ethereum-based meta repository and gaming ecosystem where users can create, share, and monetize in-world assets and gaming experiences. Unlike traditional gaming markets where platforms own and control user-generated content, The Sandbox grants users absolute ownership of their creations in the virtual world.
In The Sandbox, players can monetize the gaming experiences they build on the Ethereum Blockchain through the SAND token. Players can create digital ASSETs in NFT format, upload these ASSETs to the marketplace, and integrate them into games using Game Maker. Users can earn money in various ways while spending time on the platform.
The Sandbox utilizes the ERC-1776 protocol, enhancing the overall user experience by allowing platform users to transact on Ethereum while covering gas fees.
What is the Metaverse?
The Metaverse refers to a network of always-on virtual environments where many people can interact with each other and digital objects in real-time while operating their virtual representations or avatars. It encompasses digital spaces like online games, social media, and virtual reality.
SAND Token
The SAND token, based on the ERC-20 standard on the Ethereum Blockchain, serves multiple utility functions within The Sandbox ecosystem. The SAND token can be used in three main ways:
• As a medium of exchange for in-game transactions
• To purchase LAND tokens within the game
• To participate in governance decisions related to the platform

SAND was introduced into circulation through three phases of a liquidity mining program. The first phase launched in September 2020, rewarding users who provided liquidity to a SAND/ETH pair on Uniswap. The second phase introduced a yield multiplier based on the amount of LAND ownership a user has. These rewards were carried into the third phase with an additional 1.5 million SAND tokens added to the reward pool.
SAND Token Supply
The maximum supply of SAND tokens is set at 3,000,000,000, with 705,000,000 SAND tokens, or 23.5% of the total supply, currently in circulation.
Initial Sale Price: 0.008333 USD / SAND
What is LAND?
LAND represents parcels of digital real estate within The Sandbox metaverse where players can build experiences. Once a player acquires a piece of LAND, they can populate it with games and ASSETs or merge multiple LANDs into an ESTATE. A total of 166,464 LANDs are available on The Sandbox metaverse map. After purchasing LAND, players can increase its value and earn by renting it out or filling it with various content.
What are GEM and CATALYST?
GEM and CATALYST determine the rarity level, value, and attributes of ASSETs. CATALYST creates empty sockets on NFTs that can be filled with GEMs. Acquiring higher-quality CATALYSTs results in more empty sockets on an ASSET.
The Sandbox (SAND)
2.46%
$ 0.121694
$ 0.002994
⇣ 0.118360
16 Jan
⇡ 0.124586
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