Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.
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 monetize assets and have gaming experiences – on the blockchain.
SAND facilitates all interactions and transactions in this decentralized 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 decentralized autonomous organization (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 Animoca acquired Pixowl and 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 whitepaper, the Sandbox platform’s primary mission is to introduce blockchain technology in mainstream gaming and facilitate the creative play-to-earn model.
How to buy SAND (The Sandbox)
With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet.
Nothing could be easier.
Here’s how fast it is to get started:
2. Enter your email address and personal details.
3. Click the link we send you and create a password
… and you’re off to the races!
Just start trading.
Get more coin for your coin
0% deposit fees 0% withdrawal fees