The Sandbox (SAND) Coin: Fundamentals and Recent News (as of March 27, 2024) What is SAND?
SAND is the utility token that powers The Sandbox, a popular metaverse game built on the Ethereum blockchain. The Sandbox is a play-to-earn (P2E) game, where users can buy virtual land, create gaming experiences, and monetize their creations.
Key Points:
Utility Token: SAND is an ERC-20 token used for transactions and interactions within The Sandbox ecosystem. Finite Supply: There's a maximum supply of 3 billion SAND tokens, with around 2.25 billion currently circulating. Play-to-Earn: Players can use SAND to buy and sell virtual land (called LAND NFTs) and in-game items. Governance: SAND holders can participate in voting on proposals that affect the future of The Sandbox. Recent News:
The Sandbox has seen a rise in price and trading volume recently. The Sandbox continues to attract new users and partnerships, indicating a growing user base and potential for future development. Disclaimer:
I am not a financial advisor and this information is not financial advice. Please do your own research before making any investment decisions.