Marketcap:
$1,907,865,903,178
Volume 24h:
$19,406,997,595
Sep 09 Liquidations:
$0
24H Long/short:
Coming Soon
The Sandbox
SAND
$0.254
#57
-1
Token
Overview
Exchanges
Markets
Wallets
$0.254
Price
57
Rank
$592,718,536
Marketcap
$3,895,424
Volume
$0.256
All Time High
$0.243
All Time Low
N/A
Open
N/A
Close
1H
-0.650
%
1D
3.60
%
1W
4.67
%
1M
0.290
%
2M
-18.14
%
3M
-38.29
%
6M
-65.57
%
1Y
-27.05
%
Change 24h
$0.243
$0.256
All Time Low
24H
All Time High
The Sandbox`s Return History
Weekly
Monthly
Quarterly
Winning
Years
2
Quarters
6
Losing
Years
3
Quarters
11
Q1
Q2
Q3
Q4
Avg
Total
Q1
Q2
Q3
Q4
Avg
Total
About The Sandbox
The Sandbox (SAND) is a groundbreaking cryptocurrency and blockchain-based gaming platform, attracting attention in the crypto world for its innovative approach to virtual worlds and digital assets. In this article, we'll cover the creator, history, purpose, usability, network security, unique features, and energy consumption of this exciting project.
The Sandbox was developed by Pixowl, a renowned gaming company with a proven track record of creating successful mobile games like "The Sandbox Evolution" and "Goosebumps HorrorTown." The team at Pixowl leveraged their gaming expertise to create a decentralized platform, using blockchain technology to empower gamers and creators.
Founded in 2011, Pixowl launched the original version of The Sandbox game for mobile devices. In 2018, the company was acquired by Animoca Brands, a leading developer in the blockchain gaming space. This acquisition led to the development of the current blockchain-based version of The Sandbox, with its native cryptocurrency, SAND, introduced in 2020.
The Sandbox aims to create a decentralized, user-generated virtual world where players can create, own, and trade digital assets. Using SAND, the platform's native cryptocurrency, players can purchase virtual land, develop and monetize their creations, and participate in the platform's governance.
The Sandbox offers an intuitive interface and easy-to-use tools for creating and sharing digital assets. The platform's software, VoxEdit, allows users to design, animate, and export 3D assets as NFTs. Additionally, the Game Maker tool enables users to create, play, and share interactive experiences and games within The Sandbox metaverse.
The Sandbox leverages the Ethereum blockchain, which employs a secure consensus algorithm known as Proof of Stake (PoS). This ensures that the network remains transparent, decentralized, and resistant to bad actors. The use of smart contracts further enhances the platform's security, automating transactions and ensuring that they are executed as intended.
The Sandbox sets itself apart through its emphasis on user-generated content, NFT integration, and decentralized governance. The platform enables users to create and monetize their creations, leading to a vibrant ecosystem of digital assets. Furthermore, SAND token holders have voting rights, empowering the community to shape the platform's future.
The Sandbox's reliance on Ethereum's PoS consensus algorithm significantly reduces energy consumption compared to Proof of Work (PoW) systems like Bitcoin. PoS is a more environmentally friendly approach, requiring less computational power and consuming less energy, thus making The Sandbox a more sustainable choice in the cryptocurrency space.
Overall The Sandbox represents a unique convergence of gaming, cryptocurrency, and blockchain technology. Its user-generated virtual world, combined with NFT integration and decentralized governance, sets it apart in the market. With its energy-efficient PoS algorithm, The Sandbox offers a sustainable and innovative platform for gamers, creators, and crypto enthusiasts alike.
Algorithms
(1)Proof of Stake
Incomes
(4)Staking
Benefits
Marketplace
Play To Earn
Industries
(3)Gaming
Entertainment
Metaverse
Tags
(3)Decentralized
NFTs
Dapp
Contracts
(3)Stats
(10)Birthday
Age
4 Years
Decimals
18
Wallets
20
Exchanges
6
Pairs
5
Tickers
12
Base
5
All Time High
$7.33
Date Of ATH
Nov 25 2021
Days Since ATH
1019
All Time Low
$0.023
Date for ATL
Oct 04 2020
Days Since ATL
1436