The Sandbox is a play-to-earn cryptocurrency game that operates on the Ethereum blockchain. Users can buy plots of virtual land, customize them, interact with other players, and trade using the SAND token. The game also allows users to create digital assets as Non-Fungible Tokens (NFTs) and integrate them into the gaming experience through the platform's utility token, SAND.
The purpose of The Sandbox is to create a decentralized platform for a thriving gaming community. The project aims to introduce blockchain technology in mainstream gaming successfully. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform. The project focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously.
The total supply of SAND tokens is 3 billion. The SAND token is an ERC-20 token, and its distribution is fairly straightforward. The Sandbox covers the Ethereum gas fees for players, making the platform easier to use. The Sandbox Foundation receives 50% of all SAND token transactions.
Marketcap
$1.597B
Total number of The Sandbox
3000000000 SAND
The Sandbox is built on top of the Ethereum blockchain. The SAND token is a standard version ERC-20 token, which means owners can stake it and benefit from staking rewards. The platform employs the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), which allows users to create and collect blockchain-based assets.
The Sandbox differentiates itself from competitors by introducing blockchain technology to the world of gaming. The gaming industry is a huge untapped market when it comes to the adoption of blockchain tech, and Pixowl saw that in 2011. By creating a universe where gamers can create and collect blockchain-based assets, the Sandbox aims to revolutionize the market. The Sandbox's biggest competitor is certainly Decentraland.
In order to get the SAND token in The Sandbox game, users need to purchase the token from exchanges or earn the token by taking part in the game’s contests, through airdrops, or through The Sandbox Ambassador program.
The Sandbox is a play-to-earn cryptocurrency game that runs on the Ethereum blockchain. SAND is the game’s native token. The token is used in the game through the purchase of various NFTs used as resources. SAND can also be exchanged for other cryptocurrencies or fiat on the crypto exchanges where it is hosted.
The Sandbox is a play-to-earn cryptocurrency game that runs on the Ethereum blockchain. It is, essentially, a digital world where users buy plots of land and customize them. The game’s users interact, and trade using the SAND token. Both SAND and LAND have limited supplies. Gamers can use these tokens to buy/sell land and other tokens, stake their SAND to earn rewards, earn valuable resources, etc.
LAND is an NFT-type token, or digital real estate element, that uses an ERC-721 non-fungible token standard issued on Ethereum. LAND allows users to monetize their gaming experience. Players can buy LAND for $SAND or $ETH through Public Sales, The Sandbox Marketplace, and other NFT platforms.
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