The Sandbox (SAND) is a Decentralised Networks crypto token. The Sandbox was founded on 2020-08-05 on the ETHEREUM ecosystem. More information can be found at https://www.sandbox.game/en/.
Key Technical Advantages:
Utility Token (SAND): SAND is an ERC-20 token built on the Ethereum blockchain, used for transactions within The Sandbox platform. It serves as a currency to access the platform, participate in governance decisions, stake for passive revenues, and fund the Foundation for ecosystem support.
Non-Fungible Tokens (NFTs): NFTs are used in The Sandbox to ensure true digital ownership, security, and immutability of in-game assets. NFTs are unique, indivisible, and non-interchangeable tokens that represent in-game items, granting players and creators copyright ownership and trading capabilities.
Integrated Ecosystem: The Sandbox consists of three interconnected products: VoxEdit (3D voxel modeling software), Marketplace (web-based platform for buying and selling assets), and Game Maker (tool for creating games using purchased or created assets).
Blockchain Technology: By leveraging the Ethereum blockchain, The Sandbox ensures secure and transparent transactions, minimizes risks associated with fraud and theft, and enables cross-application interoperability of in-game assets.
Decentralization and Governance: The Sandbox disrupts traditional centralized gaming platforms by allowing users to create, own, and monetize their gaming experiences. SAND token holders can participate in governance decisions through a decentralized autonomous organization (DAO) structure, voting on key elements like grant allocations and platform roadmap features.
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