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What is The Sandbox all about
The Sandbox is a franchise that dates back to 2012. Developed by Pixowl, The Sandbox was one of the most unique mobile games. Available on iOS, Android, and PC it was downloaded over 16 million times. In 2018 Pixowl joined Animoca Brand to make a new iteration of The Sandbox game, this time including blockchain technology.
The Sandbox is a community-driven Metaverse on the Ethereum blockchain. Sandbox's vision is to create an immersive virtual world. Utilizing various aspects of blockchain technology, The Sandbox wants to shape the future of gaming. Since it's built on the Ethereum blockchain, The Sandbox is secured by Proof-of-Work (PoW) consensus mechanism.
Using Sandbox's 3D voxel editor, users can create their own in-game Assets. These Assets can then be put on the marketplace as purchasable NFTs. Other players may buy these NFTs to use in-game. Assets are a type of user-generated content (UGC) and use the ERC-1155 standard.
LAND are digital pieces of The Sandbox world and they are owned by players. There is a limited supply of LAND with only 166,464 LANDS available. Players use LAND to host games, build structures, and have social gatherings within the game world. Each LAND is an ERC-721 non-fungible token. Owners of LAND can make revenue off it in three ways. They can rent it to other players, create monetized games on their LAND, or sell it for a profit.
SAND is the platform's ERC-20 utility token used for making purchases in the Sandbox game ecosystem. Using SAND players can buy LAND and Assets from the Marketplace. Users can also stake SAND and receive GEMs as a reward. Gems in turn are used to add attributes, tiers, and scarcity to created Assets. SAND is also a governance token. SAND holders can take part in governing by making decisions on the platform. This is possible thanks to Sandbox's DAO structure.
The Sandbox has already partnered with notable companies like ATARI and Adidas. Its partners also include musicians like Deadmau5, and Snoop Dogg, or franchises like The Smurfs, and The Walking Dead.
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SAND Questions & Answers
What is the price of SAND right now?
Today, the price of SAND is at 0.97 EUR.
Is SAND going to be worth more next month?
Based on our prediction algorithm, we expect, the value of SAND is likely going to be between €0 and €1.24 1 month from now.
Is SAND going to be worth more in 3 months?
In accordance with our prediction we estimate that SAND's cost is likely going to reach between €0 and €1.24 in three months.
Does SAND have a large following online?
0 Reddit users were participating in an online discussion on Reddit about SAND in the last 48 hours. SAND's official Twitter profile is currently followed by 1042255 people.
When did SAND reach its peak?
The highest price of SAND was registered on 2021-11-25, at 7.49 Euro.
What price will SAND reach six months from now?
Long-term forecasts are extremely difficult to make, but in accordance with our price prediction we suspect the price of SAND is likely going to be between €0 and €1.24 in 6 months.
10 days The Sandbox price forecast
Long term The Sandbox price prediction