What is Sandbox (SAND)?

The Sandbox is an Ethereum-based metaverse game around virtual land and NFT collectibles on a 3D platform, totally decentralized and mixed with blockchain technology. SAND is the utility ERC-20 token of The Sandbox's virtual ecosystem. The SAND coin can be used for customizing avatars, buying virtual land in the Sandbox ecosystem, and purchasing equipment.

Sandbox (SAND) Features

SAND is the native token of the Sandbox platform. It serves as a general means of payment on the Sandbox network and as an in-game currency. Sandbox aims to allow users to create their own virtual universe utilizing the $SAND, an ERC-20 token built on the Ethereum blockchain, and earn rewards from the actions they perform in this universe. There are some advantages below listed:

• $SAND holders have the right to participate in the governance of the metaverse.
• The holders can create their own NFTs as players and mint them. 
• They can purchase equipment and building materials within the framework of the virtual universe.
• They can customize their own avatars as they wish.
• They can trade $SAND in the Sandbox Marketplace.
• They can stake $SAND, and lock into liquidity pools to earn passive income.

How to Use Sandbox (SAND)?

Sandbox supports Ethereum blockchain smart contracts and monetizes their gaming experiences in the Ethereum blockchain. Building on top of Ethereum, the Sandbox uses its secure and widely used blockchain. 
For building your own Metaverse in the Sandbox, you should pay a little amount. In addition to $SAND, you will need $ETH to pay for the Ethereum blockchain gas fees (ie. transaction fees). 

How to Buy Sandbox (SAND)? 

You can buy and sell $SAND on ICRYPEX Crypto Exchange:

• First, you need to create an account by clicking "sign up" at the top of the website, then fill out the Name-Surname, Phone Number, and E-mail Address sections.
• After signing up, you can upload the TRY balance from your bank account by clicking on the "Deposit" section. You have already SAND in the cold wallets, you can also deposit with the wallet address on the networks supported by ICRYPEX.
• When depositing from your bank account, ICRYPEX Bilişim AŞ should be written as title/name. In case of false, missing, or incomplete recipient information, the bank rejects the transaction.
• The transaction code in the deposit section must be written in the receipt. Your transfer is completed by checking TRY accounts registered in your name.
• After the TRY balance is deposited into the wallet, you can click the "Easy Buy-Sell" page and select the "Easy Buy" button, enter the SAND amount you want to buy, select the exchange, and give a SAND buy order. After you have completed your SAND purchase, you can evaluate your investments by following the market conditions.

You can safely trade SAND on ICRYPEX and call your personal Customer Representative 24/7 available for help, and benefit from ICRYPEX’s daily and weekly analysis.

Who Created Sandbox?

The Sandbox was founded by Arthur Madrid and Sebastian Borget, Co-Founders of Pixowl, a technology company that produces blockchain-powered games.

Before blockchain integration, the Sandbox game was a mobile game allowing players to create their own virtual worlds since 2012. Sandbox managed to achieve early success, gaining up to 70 million users between 2012 and 2018, immediately after publishing on the Android and iOS platforms.

The team behind the project consists of specialists who have worked for large companies such as Facebook and Zynga, as well as entrepreneurs with successful backgrounds in start-ups.

Circulation Supply of Sandbox (SAND)

The supply of SAND is limited to 3 billion. 920,948.319 SAND is currently in circulation. About a quarter of the total SAND supply is allocated to the company's reserves, while 31% is held for the company's founders and team members.