The Sandbox, a pioneering decentralized virtual world, and Animoca Brands, a firm advancing intellectual property rights for games and the metaverse, today announced the listing of SAND on Coincheck, Japan’s biggest crypto trading platform.
Coincheck users may now buy and sell SAND in the SAND/JPY and SAND/BTC exchanges.
The Sandbox’s utility token and in-game money is SAND. With today’s listing, Coincheck becomes the first Japanese crypto exchange to offer SAND.
The Sandbox’s goal to make the SAND token freely available to an increasing number of users throughout the world as part of its open metaverse’s continuing expansion includes the Japanese exchange’s listing.
“By adding SAND to its listed tokens, Coincheck continues to expand the range of crypto assets it handles as it seeks to improve the usability of its services and create new services in order to achieve its mission of making new value exchange more accessible.” – The Coincheck Team
SAND is an Ethereum-based ERC20 coin that is used in the Sandbox metaverse game world. Users of The Sandbox may use SAND to play the game and buy stuff while managing their avatars, thanks to the Ethereum blockchain. SAND will also function as a governance token for future involvement in The Sandbox’s game activities.
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