The Sandbox Price (SAND)

The Sandbox (SAND) is a blockchain-based virtual world that was launched in 2011 by Pixowl. It allows users to create, build, and trade 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 aim to introduce blockchain technology into mainstream gaming. The Sandbox uses the SAND utility token to facilitate transactions on the platform, with the intention of fostering a creative "play-to-earn" model where users can be both creators and gamers simultaneously.

The Sandbox operates by integrating blockchain technology into the gaming world. It provides a universe where gamers can create and collect blockchain-based assets, striving to carve out a niche in the global gaming market. The platform focuses on user-generated content, creating a metaverse of engaged players who contribute to its further development. The introduction of the SAND token supports decentralized governance, enabling users to share their views and ideas about the project's development. The Sandbox is built on the Ethereum blockchain and uses the proof-of-stake (PoS) consensus mechanism. The SAND token is an ERC-20 token, which means owners can stake it and benefit from staking rewards.

The Sandbox provides a platform for users to engage in a "play-to-earn" model, where they can be both creators and gamers. Users can create, build, and trade digital assets, contributing to the platform's development and shaping its universe with NFTs. The Sandbox also includes a set of tools that enable users to create and test 3D games on their LAND using ASSETS. The platform also includes VoxEdit, a free software for 3D voxel modeling and creation of NFTs, and The Sandbox Marketplace, an NFT marketplace where players can upload, release, and trade their NFT creations with SAND tokens.

The Sandbox was launched in 2011 by Pixowl, co-founded by Arthur Madrid and Sebastien Borget. Madrid, the CEO of Pixowl, began his professional career as a consultant for Eurogroup Consulting France before founding 1-Click Media in 2001. Borget, the COO of Pixowl, started his professional career as a project lead for 1-Click Media. The duo founded Pixowl in 2011 and have been continually working on projects together. The Sandbox started with support from various entities in the gaming industry, including brands like Atari, Helix, and CryptoKitties. As of March 2021, about 680,266,194 SAND tokens are in active circulation, representing 23% of the total supply.

We update our The Sandbox to GBP currency in real-time. Get the live price of The Sandbox on Coinbase.

The current market cap of The Sandbox is £1.08B. A high market cap implies that the asset is highly valued by the market.

The all-time high of The Sandbox is £5.35. This all-time high is highest price paid for The Sandbox since it was launched.

Over the last 24 hours, the trading volume of The Sandbox is £374.13M.

Assets that have a similar market cap to The Sandbox include Flow, Bitget Token, Quant, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of The Sandbox is 2.4 billion.

The median time that Coinbase customers hold The Sandbox before selling it or sending it to another account or address is 40 days.

The Sandbox ranks 42 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 99% of Coinbase users are buying The Sandbox. In other words, 99% of Coinbase customers have increased their net position in The Sandbox over the past 24 hours through trading.

Yes, The Sandbox is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy The Sandbox guide.