The Sandbox (SAND)

The Sandbox (SAND)

Rank #42

$0.836446

0.41%

0.000043 BTC

SAND
USD

MARKET CAP

$1.254B

ALL TIME HIGH

$8.44

VOLUME 24H

$205.479M

CIRC. SUPPLY

1.499B

VOL/MCAP

16.00%

TOTAL SUPPLY

3B

DILUTED MCAP

$2.554B

MAX SUPPLY

3B

1H USD

0%

24H USD

0.41%

7D USD

6.47%

30D USD

0%

60D USD

0%

90D USD

0%

Tag:

collectibles-nftscontent-creationgamingethereum-ecosystemView all

The Sandbox Price Chart

24h Change

0.41 %

The Sandbox - SAND Profiles

The Sandbox is a decentralized virtual reality (Metaverse) platform developed on the Ethereum platform. It allows players to create digital assets (NFTs), and experience and monetize the content they create.

What is The Sandbox?

The Sandbox is a virtual world gaming platform, using the utility token SAND players can build, own, and monetize gaming experiences. Players can create digital assets in the form of NFTs, upload them to the marketplace, and integrate them into the game with Game Maker.

The Sandbox brings blockchain into the gaming industry, attracting both crypto enthusiasts and gamers by offering advantages such as: real ownership, rare digital assets, creation of potential profitability, and engagement.

Outstanding features

What is the project trying to achieve?

The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences in the Ethereum blockchain using SAND, the platform’s utility token.

The vision is to offer a deeply immersive metaverse in which players will create virtual worlds and games collaboratively and without a central authority. Aiming to disrupt the existing game makers like Minecraft and Roblox by providing creators true ownership of their creations as non-fungible tokens (NFTs) and rewarding their participation with our utility token – SAND

In the current game market, the centralized ownership and control of user-generated content limit creator rights and ownership. Central control over the trading of virtual goods created by players restricts them from generating fair value for their creations. Compounding this, it can be difficult to prove creative ownership of works, especially as content is copied, altered, and built upon. 

With The Sandbox, aims to overcome these limitations while accelerating blockchain adoption to grow the blockchain gaming market. Will do this by building a voxel gaming platform where creators are able to craft, play, share, collect, and trade without central control, enjoying secure copyright ownership with the ability to earn cryptocurrency (SAND). This copyright ownership will be established and guaranteed through the use of NFTs, where every in-game item will have a unique and immutable blockchain identifier.

What is unique selling point?

The Sandbox gaming ecosystem consists of three integrated products that together provide a comprehensive experience for user-generated content (UGC) content production.

  • VOXEDIT: This simple to use yet powerful free 3D voxel modeling package allows users to create and animate 3D objects such as people, animals, foliage, and tools, and export them into The Sandbox marketplace to become game ASSETS.
  • MARKETPLACE: The Sandbox’s web-based marketplace allows users to upload, publish, and sell their creations (ASSETS) made in VoxEdit, as Tokens (Both ERC-721 and ERC-1155 tokens).
  • GAME MAKER: Anyone who owns ASSETS, either by making them in VoxEdit or purchasing them, can utilize them with the third and most important ecosystem product, the Game Maker and the Game itself. This product, when launched in Game Maker mode, enables users to place and use their ASSETS within a piece of LAND (an ERC-721 token) that they can own in the virtual world. Users can decorate their LAND with ASSETS, and more importantly, implement interesting and nuanced gameplay mechanics by assigning predefined behaviours to the ASSETS through visual scripting nodes, turning a LAND from a decoration experience into a potential full game experience.

Blockchain Gaming with NFTs 

The project virtual world uses blockchain technology and NFTs to empower the players and creators. NFTs are an emerging segment in the global game market: virtual tokens for digital scarcity, security, and authenticity. Each NFT is distinct or unique, it is indivisible and it is not interchangeable with another.

Through the use of NFTs, The Sandbox users will be able to benefit from:

  • TRUE DIGITAL OWNERSHIP: Gamers are the true and perpetual owners of their digital items, even if the game was shut down or abandoned. With blockchain, every game item can be tokenized, allowing gamers to decide how they want to trade, sell, or gift their items.
  • SECURITY AND IMMUTABILITY: Digital game items can be easily tokenized and traded in primary and secondary markets that are managed and facilitated by blockchain technology. Items based on scarcity and demand usually invite fraud and theft, but these risks are minimized on blockchain because it is a distributed ledger.
  • TRADING: Blockchain-based gaming platforms can provide users with ultimate control over their digital assets. They can buy and sell items freely without concern that they will be ripped off or that a platform will close and cancel all the value of their in-game items.
  • CROSS-APPLICATION INTEROPERABILITY: Blockchain provides the capacity for games to utilize shared assets. ASSETS, avatars, LANDS, and any other game elements can be used in other games that allow it. These game items are no longer confined by a narrow digital ecosystem.

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People

We found 5 people related to sand-the-sandbox, include Sebastien Borget

Organizations

We found 1 organizations related to The Sandbox has TSB Gaming Limited

The Sandbox Price Live Data

SAND Price

$0.836446

Trading Volume

$205.48 M

All Time High

$8.44

1hour Change

-0.24%

24hours Change

0.41%

24hours Range

-4.59%

24hours Low

$4.55

24hours High

$4.85

Liquidity ±2%

$47,260.04 B

Bids -2%

$4.73 M

Asks +2%

$4.84 M

Market Cap

$1.25 B

Fully Diluted Market Cap

2.51 B

Circulating Supply

1.50 B

Total Supply

3.00 B

Max Supply

3.00 B

The Sandbox Markets

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