Sandbox SAND

 

 

Sandbox SAND

• Sandbox is a project that allows users to create, purchase, and sell digital assets themselves within the blockchain-based virtual world, while also creating and operating a decentralized gaming platform by combining NFTs and Decentralized Autonomous Organizations (DAOs). Sandbox tokens (SANDs) are used within the sandbox ecosystem for money, governance, and deposits.

 

UPbit

 

First issue	2019.10.	Total issue limit	3,000,000,000
market capitalization		Current Distribution
As of April 06, 2024 (Courtesy of Coin Market Cap)	￦ 1.8 Trillion	As of April 06, 2024 (Courtesy of Coin Market Cap)	2,251,731,926
As of April 06, 2024 (Courtesy of CoinGecko)	￦ 1.8 Trillion	As of April 06, 2024 (Courtesy of CoinGecko)	2,251,731,926

 

 

Characteristics

• 50% of the SAND transaction fee is recovered to the foundation and used to maintain the ecosystem of the sandbox or to produce new content.
• In addition to using SAND as currency, SAND holders can also participate as rights holders in the governance process that determines the direction of the Sandbox network; they can also earn rewards by depositing SAND.

 

Vision

• It has shown remarkable achievements by providing sandbox NFTs and metaverse-based gaming services, receiving Series B funding from well-known investment companies. In the future, the project will launch a Layer-2 dual chain and introduce DeFi services or Dao based on it, and is expected to expand the sandbox ecosystem by launching mobile versions.