Convert and Swap The Sandbox SAND to United States Dollar USD
SAND/USD: 1 The Sandbox equals $0.56 USD
Last update: 4:04 PM, December 22, 2024
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The Sandbox is falling this week.
The current price of The Sandbox is $0.56 per SAND. With a circulating supply of 2,430,857,126.223 SAND, it means that The Sandbox has a total market cap of $1,364,130,348.01. The amount of The Sandbox traded has fallen by $179,576,469.71 in the last 24 hours, which is a 37.89% decrease. Additionally, in the last day, $473,966,182.50 worth of SAND has been traded.
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About The Sandbox
SAND is an Ethereum token that powers The Sandbox, a multiplayer metaverse where players can create, monetize, and participate in blockchain-based gaming experiences. In The Sandbox, game designers can create custom 3D NFTs that can be used across the ecosystem. SAND can be used to buy and sell NFTs and other in-game items, and can also be used to vote on the future of the platform.
The Sandbox (SAND) is a blockchain-based virtual world that was launched in 2011 by Pixowl. It allows users to create, build, buy, and sell digital assets in a game-like environment. The Sandbox leverages the capabilities of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs) to create a decentralized platform for a thriving gaming community. The platform's primary mission is to successfully integrate blockchain technology into mainstream gaming. The Sandbox introduces the SAND utility token, which facilitates transactions on the platform, promoting a creative "play-to-earn" model where users can be both creators and gamers.
The Sandbox operates on the Ethereum blockchain, utilizing a proof-of-stake (PoS) consensus mechanism for network security. The SAND token, an ERC-20 token, is used within the platform for transactions. Users can stake their SAND tokens, benefiting from staking rewards. The Sandbox focuses on user-generated content, creating a metaverse of engaged players who contribute to the platform's development. By introducing the SAND token, The Sandbox encourages decentralized governance, allowing users to share their views and ideas about the project's development.
The Sandbox aims to introduce blockchain technology to the gaming industry, a largely untapped market for blockchain adoption. By creating a universe where gamers can create and collect blockchain-based assets, The Sandbox seeks to carve out a niche in the global gaming market. The platform's "play-to-earn" model allows users to be both creators and gamers, contributing to the platform's development while earning rewards. The Sandbox also offers a marketplace where players can upload, release, and sell their NFT creations (ASSETS) using SAND tokens.
The Sandbox was launched in 2011 by Pixowl, a company co-founded by Arthur Madrid and Sebastien Borget. Madrid, a graduate in economics from Université Paris Dauphine, began his professional career as a consultant before founding 1-Click Media in 2001. Borget, a graduate in computer systems networking and telecommunications from Institut national des Télécommunications, started his career as a project lead for 1-Click Media. The Sandbox attracted support and investments from several big names in the gaming industry, including Atari, Helix, and CryptoKitties. As of March 2021, about 680,266,194 SAND tokens were in active circulation, representing 23% of the total supply.
How The Sandbox and United States Dollar differ
The Sandbox (SAND) and the US Dollar (USD) are two distinct entities operating in different realms. The Sandbox, a blockchain-based virtual world, aims to integrate blockchain technology into mainstream gaming, offering a unique "play-to-earn" model. It operates on the Ethereum blockchain, using the SAND utility token for transactions within its platform. The Sandbox encourages decentralized governance, allowing users to contribute to the platform's development and earn rewards. On the other hand, the US Dollar is a traditional fiat currency, regulated by the Federal Reserve, and used for transactions in the physical world. Unlike The Sandbox, the US Dollar doesn't offer a play-to-earn model or a platform for user-generated content. It's a centralized currency, with its value and circulation controlled by a central authority, contrasting with The Sandbox's decentralized nature. The key differences between The Sandbox and the US Dollar highlight the innovative potential of blockchain technology in transforming various industries, including gaming.
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The exchange rate of The Sandbox is decreasing.
The current value of 1 SAND is $0.56 USD. In other words, to buy 5 The Sandbox, it would cost you $2.79 USD. Inversely, $1.00 USD would allow you to trade for 1.79 SAND while $50.00 USD would convert to 89.72 SAND, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 25.13%. Meanwhile, in the last 24 hours, the rate has changed by 0.79%, and that the the highest exchange rate of 1 SAND to United States Dollar was $0.58 USD and the lowest 24 hour value was 1 SAND for $0.55 USD. This time last month, the value of 1 SAND was $0.36 USD, which is a 61.29% decrease from where it is now. Looking back a year, The Sandbox has changed by $0.54 USD.
SAND to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.57 USD | -0.79% | $0.75 USD | -25.13% | $0.36 USD | 61.29% | $0.54 USD | 4.49% |
SAND to USD
Amount | Today at 4:04 pm |
|---|---|
0.5 SAND | $0.28 |
1 SAND | $0.56 |
5 SAND | $2.79 |
10 SAND | $5.57 |
50 SAND | $27.87 |
100 SAND | $55.73 |
500 SAND | $278.65 |
1,000 SAND | $557.30 |
USD to SAND
Amount | Today at 4:04 pm |
|---|---|
0.5 USD | 0.90 SAND |
1 USD | 1.79 SAND |
5 USD | 8.97 SAND |
10 USD | 17.94 SAND |
50 USD | 89.72 SAND |
100 USD | 179.44 SAND |
500 USD | 897.18 SAND |
1,000 USD | 1,794.37 SAND |
Today vs. 24 hours ago
Amount | Today at 4:04 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 SAND | $0.28 | $0.28 | -1.12% |
1 SAND | $0.56 | $0.56 | -1.12% |
5 SAND | $2.79 | $2.82 | -1.12% |
10 SAND | $5.57 | $5.64 | -1.12% |
50 SAND | $27.87 | $28.18 | -1.12% |
100 SAND | $55.73 | $56.36 | -1.12% |
500 SAND | $278.65 | $281.81 | -1.12% |
1,000 SAND | $557.30 | $563.62 | -1.12% |
Today vs. 1 month ago
Amount | Today at 4:04 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 SAND | $0.28 | $0.18 | +56.93% |
1 SAND | $0.56 | $0.36 | +56.93% |
5 SAND | $2.79 | $1.78 | +56.93% |
10 SAND | $5.57 | $3.55 | +56.93% |
50 SAND | $27.87 | $17.76 | +56.93% |
100 SAND | $55.73 | $35.51 | +56.93% |
500 SAND | $278.65 | $177.56 | +56.93% |
1,000 SAND | $557.30 | $355.12 | +56.93% |
Today vs. 1 year ago
Amount | Today at 4:04 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 SAND | $0.28 | $0.27 | +3.42% |
1 SAND | $0.56 | $0.54 | +3.42% |
5 SAND | $2.79 | $2.69 | +3.42% |
10 SAND | $5.57 | $5.39 | +3.42% |
50 SAND | $27.87 | $26.94 | +3.42% |
100 SAND | $55.73 | $53.88 | +3.42% |
500 SAND | $278.65 | $269.42 | +3.42% |
1,000 SAND | $557.30 | $538.85 | +3.42% |
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