Cointelegraph

The Sandbox

SAND

$0.2824

-$0.0264 (9.35%) 1d
This chart shows the price only in USD.
24h Price range
$0.2796$0.3159
LowHigh
52w Price range
$0.2062$1.06
LowHigh

About

The Sandbox is an Ethereum-based metaverse world in which participants can build, interact and profit. The SAND token is the main form of money used in The Sandbox’s digital world. 

Diving into The Sandbox

The Sandbox, as a project, includes a vast array of components. A product of video game publisher Pixowl Inc., The Sandbox blockchain project was inspired by earlier mobile applications developed by Pixowl (The Sandbox and The Sandbox Evolution) that allowed players to build and interact in digital worlds. Pixowl then took the concepts and applied crypto and blockchain to them, resulting in The Sandbox crypto/blockchain project. In 2018, Pixowl was purchased by Animoca Brands.

Participants of The Sandbox world can buy nonfungible tokens (NFTs) called LAND that represent uniformly sized plots of digital land. LAND uses the ERC-721 token standard. Users can also join multiple plots to form an ESTATE. Space in The Sandbox’s metaverse is limited to 166,464 plots of land total for the project’s digital world.

On their property, owners can place components, such as games or assets. Participants can use the project’s Game Maker to construct games to include on their property. ASSETS are components, such as people and items in The Sandbox metaverse, that users can construct via the project’s VoxEdit solution. These components take on categorization as ASSETS and are transformed into NFTs when they are put on the project’s nonfungible token marketplace. Games and ASSETS are underpinned by the ERC-1155 token standard. Users can profit from The Sandbox in several ways, such as monetizing games within The Sandbox metaverse or selling ASSETS. 

The SAND crypto asset

An ERC-20 token, SAND is used as money in The Sandbox metaverse, as well as in tandem with its external solutions/components. Additionally, SAND serves as the project’s governance asset. SAND’s price ebbs and flows in value, as seen in the SAND price chart above. For SAND’s price live today, see the top of the page.

Latest Market News

SAND Key Metrics

Market Stats
Market Cap
$686.52M
Volume (24h)
$58.99M
Circulating Supply
2.43B SAND
Total Supply
3B SAND
YTD Return
-47.85%
The Sandbox Price
Open Price (24h)$0.3088
High (24h)$0.3159
Low (24h)$0.2796
High (52w)$1.06
Low (52w)$0.2061
All-Time High
$8.48

SAND Price Calculator

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