The Sandbox is an innovative blockchain-based virtual platform that aims to revolutionize the digital gaming industry by providing an environment where users can create, trade, and earn digital assets using the project’s own cryptocurrency $SAND
1. Sandbox Components
- Metaverse:
Sandbox allows users to create 3D virtual worlds using easy design tools like VoxEdit and Game Maker.
- Digital assets (NFTs):
Users can create unique digital assets called NFTs (non-fungible tokens), such as virtual lands, characters, or tools.
- Decentralized governance:
The project is based on community governance, which means that SAND token holders have voting rights on important decisions related to the development of the project.
2. Employment of SAND token
The SAND token is the main currency in the project ecosystem. It is used in:
- Buying land and digital items:
Users can purchase virtual land plots (LAND) and other assets.
- Finance and development:
Virtual games and experiences are funded via SAND.
- Governance:
Users are given the right to vote on updates and policies.
- Rewards:
Users get rewards for active participation.
3. Basic techniques
Blockchain technology:
The Sandbox relies on the Ethereum blockchain to ensure the security of digital assets via the Proof-of-Stake (PoS) protocol.
- NFTs:
All assets inside the Sandbox are converted into NFTs, making them tradable across other platforms like OpenSea.
4. Partners and Supporters
The Sandbox has received investment and support from big names like Atari and CryptoKitties. These partnerships have helped the project spread and attract players and investors.
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5. Main objectives
- Integrating blockchain technology with games:
Creating a world based on a digital economy that allows users to own their own assets.
- Interaction and participation:
Building a community that collaborates to develop new content and increase value for users.so
6. Current statistics
- Total supply of tokens: 3 billion SAND tokens.
- Number of tokens in circulation: about 680 million tokens.
- Market Cap: Exceeded $2.27 billion in December 2024【6】【7】【9】.
Sandbox is not just a game, it is an entire ecosystem that provides an opportunity for users to invest.
