The Sandbox PRICE USD CHART

The Sandbox is a play-to-earn game built on the Ethereum blockchain that combines DeFi and NFTs in the Metaverse. It’s an ecosystem where you can create, share, and monetize assets and games. Non-fungible tokens (NFTs) and SAND—the platform’s utility token—allow players to create, own, and monetize their gaming experiences.

SAND is the utility, ERC-20 token that serves as the native token of the Sandbox ecosystem. With a maximum supply of 3,000,000,000, SAND is used for all types of transactions and interactions. 

The Sandbox allows players to purchase digital plots of land, known as LAND, then build experiences on them for other players in the ecosystem. Using VoxEdit and Game Maker, players can develop and create their own NFTs, such as avatars, virtual items, and even games. Here are some of the critical components of the Sandbox ecosystem:

• VoxEdit – A user-friendly software that artists and players can use to create their own voxel-based NFTs. Voxels are square three-dimensional pixels that resemble lego blocks and can be built quickly in different forms by editing on VoxEdit. Users can develop and bring to life items like flora, wildlife, and avatar-oriented equipment using voxels, the smallest unit of three-dimensional design. After that, these virtual products can be exported and traded as NFTs on the Sandbox Marketplace.
• Game Maker – A simple program that allows players to create and test their own unique 3D games within the Sandbox ecosystem. It consists of tools that enable users to construct 3D games on their LAND, utilizing assets they have generated or purchased on the market. Sandbox users can make the most of the Game Maker to build experiences on their LAND properties. It allows them to design and arrange different NFTs and gives them the functionality to change the landscape, put people and structures, and curate quests from the community’s resource library.
• The Sandbox Marketplace – An NFT marketplace where users can trade SAND tokens for in-game items and upload their creations by registering them as an Asset or ERC-1155 tokens on the Ethereum blockchain. These NFTs can take the form of creatures, structures, wearables, and more, and they can all be utilized in The Sandbox. Sandbox users can then acquire these assets to use them on their own LAND plots and build unique experiences using Game Maker.

The Sandbox project began in 2012, as a cooperation between Pixowl (headed by Sébastian Borget and Arthur Madrid) and game developer Onimatrix (real name Pablo Iglesias). The mobile version became quite popular and has received more than 40 million installs worldwide.

In January 2018, The Sandbox project started working on a new version of the game that was built using blockchain technology and concepts from DeFi and NFTs. The team decided to build a 3D Metaverse platform on the Ethereum blockchain that offers a virtual world experience for users to create, own, and monetize their assets. Their objective was to allow people to fully own their creations as NFTs and earn incentives. 

The revamped Sandbox project was launched in 2020, and it quickly became one of the most popular blockchain games, along with Axie Infinity and Decentraland.

In August 2020, the Sandbox team organized an initial coin offering (ICO), generating $3 million to support its future development.

In November 2021, the Sandbox received $93 million in investment. The round of funding was led by SoftBank, the Japanese telecommunications company.  

The Sandbox is built on Ethereum, which is considered to be one of the safest blockchain networks in the ecosystem. Moreover, Sandbox’s smart contracts have been audited by CertiK, one of the leading companies in the blockchain security space.

However, theft and fraud are typically done by hacking users’ online/hot wallets. Malicious attackers do so to gain access to the users’ private keys, allowing them to control their wallets.

Hardware/cold wallets overcome this vulnerability by storing private keys on physical storage devices that are disconnected from the internet and hence out of reach of malicious actors.

A Ledger hardware wallet can save your private keys offline. This makes the private keys inaccessible for anyone but the user, even in the event of a computer hack. 

Ledger Live app enables users to manage 1800+ coins and tokens from a mobile or desktop, making the system extremely convenient. The provision to use a PayPal account or debit/credit card to purchase Sandbox (SAND) is also beneficial for new users. Follow the simple steps below to purchase SAND: 

1. Get a Ledger hardware wallet.
2. Download and install Ledger web or mobile application.
3. Connect the Ledger app with the Ledger device.
4. Install the Ethereum application from the Ledger Live dashboard. 
5. Start buying SAND using Ledger Live.

You can also swap or trade SAND on Ledger Live and create a dynamic and diversified portfolio that maximizes returns. The hundreds of swap pairs available on Ledger can be accessed as follows:

1. Get a Ledger hardware wallet. 
2. Download Ledger Live.
3. Install the ‘Exchange’ application on Ledger Live, along with the applications for the coins you wish to swap.
4. One must have SAND in the linked hardware wallet to facilitate the swap. 
5. Once there are sufficient assets in the wallet, swapping is possible.