If you’re planning to purchase SAND tokens, note that the SAND price is prone to change. The remaining portion was set aside for the seed sale of the SAND token, a special Binance Launchpad sale, and for compensating the project advisors. Around 26% was sent to the reserve of the company. The biggest portion of the SAND coins supply distribution was dedicated to the founders and team members (31%). The max supply of SAND is 3 billion tokens. Just a reminder, don't forget to check out the aforementioned Sandbox price chart in which you can see the live SAND price. By staking SAND tokens holders are able to get voting rights considering the development of the platform. A payment method for purchasing ASSETS and LANDS.A payment method for purchasing equipment or customizing the player’s avatar.The driving force of the Sandbox that is required to gain access to the metaverse.The token is based on an ERC-20 token standard. The Sandbox ecosystem's utility token, SAND, serves as the foundation for all transactions and interactions. The more sockets your ASSET has, the better the CATALYST's quality. The ASSETS receive additional vacant sockets from CATALYSTS that can hold GEMS. The tier, scarcity, and characteristics of ASSETS are determined by GEMS and CATALYSTS.

Besides, by combining several LANDS, an ESTATE can be created.įurthermore, a player can add games and ASSETS to their own LAND once they have acquired it. Essentially, players can host games, create multiplayer experiences, build dwellings, or provide social activities to the neighborhood on their LANDS. Only 166,464 LANDS will ever be made available for use. The Sandbox Metaverse is made up of LANDS, which are areas of the world that users can purchase. Before working with Pixowl, Borget was a project lead for 1-Click Media, where he began his partnership with Arthur Madrid. He has a degree in computer systems networking and telecommunications. However, in 2001, he made the decision to pursue entrepreneurship and founded 1-Click Media.īorget is the COO at Pixowl. Madrid worked as a consultant for Eurogroup Consulting in France before founding the Sandbox. Pixowl was founded by Arthur Madrid and Sebastien Borget. The Sandbox crypto project was developed in 2011 by Pixowl (a game creation studio). It largely depends on the users with the largest SAND coin holdings. PoS is also advantageous because it doesn't consume much power or computer processing power to validate transactions. This means that owners of the SAND tokens can stake them to receive staking rewards. Since the Ethereum blockchain serves as the foundation for the Sandbox, it’s protected by the Proof-of-Stake (PoS) consensus algorithm. Additionally, by introducing the SAND token, the Sandbox promotes decentralized governance and gives users the opportunity to vote on the project's development. It’s able to accomplish that because of the strong emphasis on user-generated content. The Sandbox succeeds in building a metaverse of active users who support the expansion of the platform. After the NFTs are created, they can be uploaded through the Sandbox Game Maker. Besides, Vo圎dit's user-friendly interface eliminates the need for highly developed NFT creation skills.

Thus, Vo圎dit allows users not only to model in-game items but also to animate them. It offers robust tools, an intuitive user interface, and a simple timeline for straightforward modeling and animation. The NFTs can be created using the innovative 3D voxel engine called Vo圎dit. Overall, the Sandbox is one of the biggest games ever to employ original user-generated content. The platform focuses on enabling a creative Play-to-Earn paradigm, which is exactly what allows users to choose whether they want to be developers or gamers. The primary goal of the Sandbox platform is to successfully integrate blockchain technology into popular gaming. If you’re interested in the current SAND price, make sure to take a look at the Sandbox price chart featured above. Apart from being the players of the metaverse (who buy or sell various in-game items in the form of NFTs) it also users to be the developers (who build and create their own assets in the game). SAND is the utility token of The Sandbox, which is the third-largest metaverse based on the Ethereum blockchain.

The sandbox coin