Buy The Sandbox
An ERC-20 (built on the Ethereum blockchain), SAND is the utility token used throughout The Sandbox, a community-driven platform where creators can create their own virtual worlds. Within them, participants (creators and invited guests) can monetise assets and have gaming experiences – on the blockchain.
SAND facilitates all interactions and transactions in this decentralised virtual gaming world. SAND is also a token for governance. Holders call the shots and dictate direction.
SAND tokens facilitate LAND purchases, as well as all of the interactions with user-generated content. It can also be staked to participate in the governance of the decentralised autonomous organisation (DAO).
The Sandbox software leverages the Ethereum blockchain to track ownership of the digital LAND and NFT assets. Users further engage with its ecosystem using Ethereum wallets that hold their SAND tokens.
Developers innovate within the Sandbox’s platform. Among the available tools: Voxel Editor. Users can create voxels, the smallest unit of three-dimensional design. They are used to digitally animate the realm.
The result of a collaboration between Pixowl and onimatrix, The Sandbox 1.0 was first released in 2012. Six years later, game developer Animocaand announced its intentions to create a 3D world leveraging blockchain technology.
In addition to utility and governance, SAND’s functions also include: creation and exchange of content; liquidity mining – token holders can stake them in the Sandbox pool; commission; and access to games.
According to its official, the Sandbox platform’s primary mission is to introduce blockchain technology in mainstream gaming and facilitate the creative play-to-earn model.
The current price of SAND
As of early October 2021, SAND was roughly $0.75, or more than 2,500% higher than where it sat in November of 2020.
SAND's market capitalisation is roughly $600 million, making it the 127th-largest crypto asset, as ranked by.
In August of 2021, SAND reached its all-time high of $1.19 but has since lost roughly one-third of its value.
How the price of SAND is determined
SAND has a finite supply: 3 billion SAND tokens. It will not exceed this amount.
A utility token of The Sandbox’s ecosystem and the governance token of The Sandbox DAO, owners of SAND tokens get value from being able to shape the platform.
By focusing on user-generated content, Sandbox creates a metaverse of involved players contributing to the further upgrades, TheMarketPeriodical. “Furthermore, the introduction of the SAND token by Sandbox encourages decentralised governance and enables users to share their beliefs and opinions about the project’s progress.”
What the bulls are saying
According to Tradingbeasts experts, cited by, the Sandbox price will continuously grow in 2022. The development of the platform will continue and the scale of development will increase more and .
What the bears are saying
”Bearish technicals buzz the warning alarm for traders and investors,” The Market Periodicalthis past spring, pointing to $0.53 resistance levels (that were later overcome in August).
You should be aware that the risk of loss in trading or holding cryptoassets can be very high. As with any asset, the value of cryptoassets can go up or down and there can be a substantial risk that you lose all your money buying, selling, holding or investing in cryptoassets. Our cryptoasset services are not within the scope of the UK Financial Ombudsman Service and your cryptoassets are not subject to protection under the UK Financial Services Compensation Scheme. You should carefully consider whether trading or holding cryptoassets is suitable for you in light of your financial condition.
Uphold Europe Limited (FRN: 900577) is registered under the Financial Conduct Authority’s Temporary Registration Regime for cryptoasset firms and complies with the Money Laundering, Terrorist Financing and Transfer for Funds (Information on the Payer) Regulations 2017 as amended. The purchase, sale and custody of cryptoassets is regulated by the FCA for anti-money laundering purposes but this does not indicate any approval by the FCA of Uphold’s cryptoasset activities. Uphold Europe Limited is also an EMD agent of Optimus Cards UK Limited which is authorised and regulated by the Financial Conduct Authority to issue e-money (FRN: 902034) pursuant to the Electronic Money Regulations 2011.
The e-money services are regulated by the Financial Conduct Authority. E-money is not a deposit or investment account which means that your e-money will not be protected by the Financial Services Compensation Scheme. User funds will be held in a designated safekeeping account with a regulated financial institution. E-money will not earn any interest. Additional Risk Warning in Uphold’s.
May not be available in all jurisdictions.
This content is correct as of October 2021
Get more coin for your coin
0% deposit fees 0% withdrawal fees