The Sandbox (SAND) cryptocurrency review

Sandbox Creators

We are aware of two prominent representatives of this project, who were directly involved in its development, promotion, as well as bringing it to the masses. The first of them was the chief director of the Pixowl organization. In the early 2000s, he received a doctorate in economics and digitalization at the University of Paris. His name was Arthur Madrid. Arthur began his professional career as a consultant in the European company "Eurogroup Consulting France". After working as a consultant for a while, he decided that he was capable of more. Then in 2001, Arthur opened his own company called "1-Click Media", which successfully functioned for a long time, and then was profitably sold. At the moment, Artur Madrid is actively engaged in the sunbox platform.

The second of the developers and directors of the project and the sandbox token is considered to be Sebastian Borge, who deals with operating systems and is the CEO in this aspect. He graduated from the University of Digital Communications in France, where he studied at the course "Computer technologies and methods of information transmission". They met Artur Madrid while working at 1-Click Media and realized that they were like-minded people. Since that moment, their entrepreneurial tandem has not been separated and they develop projects together from the company "Pixowl". SAND coin is considered one of the most successful projects of this duo.

SAND cryptocurrency review

In 2011, the Pixowl organization issues its own token, which is a digital ecosystem based on Blockchain algorithms. Sandbox is a cryptocurrency whose owners develop, buy, sell, exchange and collect tokens in an online game. Combining the basics of decentralized DAO organizations, DeFi finance and irreplaceable NFT tokens, SAND is a playground for the fast-growing gaming community. According to the white papers of this community, the main goal of the project is to introduce Blockchain technologies into the gaming industry. Here you can notice that the project developers focus on the "play to make money" model, which is also used by many similar companies.

The play and earn model allows its users to be both creators and regular players. Thanks to the use of the latest digital algorithms, the Sandbox game token greatly simplifies all financial transactions, both in the game and on the platform itself. There are also many similar game tokens and platforms that are released by similar projects, for example, Decentraland, Near Protocol, Galxe and Axie Infinity.

Key features of the Sandbox

Since we are talking about the rooting of digital technologies in the gaming industry, then Sandbox is an ideal example of a unique platform that promotes their interaction and mutual functioning. Since the gaming industry has a huge potential for the development of digitalization and the use of cryptocurrencies, Arthur and Sebastian took this into account, implemented it and, as we see, did not lose. They created a universe where all players can actively use the crypto. Thus, developers are changing the course of the market for globalization. 

Having analyzed in detail the content of its players, Sandbox strives to create an ecosystem of maximally engaged users who will play not only for their own pleasure, but also contribute to the development of the project. Each of the players and coin holders can express their opinions and ideas about the vision of the further functioning of the project. If you enter the SAND crypto, then the Sandbox system will facilitate decentralized management. It is also important to write that the project was launched very successfully and managed to interest investors of such brands: Crypto Kitties, Heliex and Atari.

What is the number of SAND coins in the total offer?

The maximum amount of cryptocurrency is 3 billion tokens. For the period of March 2023, there are approximately 2 billion coins in circulation, which is about 65% of the total number of tokens. A year ago, the percentage figure was 42%. As we can see, the number of active users is only increasing. This indicates that the project development strategy is correct and it meets the expectations of developers as much as possible. Of the total number of coins, 25% was reserved by the company itself. The founders divided several coins among themselves and another 10% was set aside for further remuneration of consultants and project participants.

What ensures the security of the cryptocurrency?

Since The Sandbox digital reality world was developed based on the algorithms that are used in Ethereum, this means that it is under the reliable protection of the proof-of-stake agreement. Unlike the PoW mechanism that is used for BTC, PoS does not need a huge amount of electrical energy and voluminous computing machines to successfully process applications. The mechanism in Sand makes it possible for multiple applications to work simultaneously without delay, and it also ensures the safety of user funds. 

The SAND token is converted as the ERC-20 standard. Its owners can carry out staking and earn money with it.

Where can I buy The Sandbox (SAND) cryptocurrency?

The SAND cryptocurrency is in great demand among users and investors. That is why many exchanges have introduced this coin into their lists and allow trading it. They provide a variety of trading pairs for buying or selling the sand token. For example, the Binance exchange had the largest volume for the SAND pair on USDT. In addition to this exchange, the cryptocurrency is also available on such platforms as:

• Gate.io;
• CoinMarketCap;
• Uniswap V2;
• CoinGecko;
• Coinbase;

Wallets that support the Sand coin:

• Trust Wallet;
• Ledger;
• BRD wallet;
• My Ether Wallet.

What does The Sandbox consist of?

It consists of three products, namely:

• The first of them will be Vox Edit. It allows its clients to develop animated 3D objects in the metaverse. These can be virtual animals, people, plants, tools and much more. All these objects are digital assets of the ERC-1155 standard, which allows you to create NFT tokens, both interchangeable and non-interchangeable using just one smart contract.
• Sand Marketplace is a platform where the purchase and sale of tokens takes place directly. However, before trading, they are preloaded into the IPFS metaverse.
• And the latest product will be Sandbox Game Maker. With its help, users can create 3D story games for free.

Thanks to Vox Edit, Sand Marketplace and Sandbox Game Maker, you can earn money. Using the first option, you will create a personal asset that can then be sold as an NFT. As many people know, such art objects are sold for huge sums of money. You will set the price for your object yourself, but the average minimum price starts from 10 SAND and above.

In the same way, you can develop your own unique games and monetize them. Alternatively, you can rent out your virtual piece of land, having previously filled it with content in order to maximize the cost. There is also an opportunity to get acquainted and play the games of other participants, while earning money. 

It is important to understand that The Sandbox is one of the few cryptocurrency ecosystems that tries to change the dynamics of interaction between creators, players and gaming platforms. SAND also has analogues that, in tandem, open up a new gaming market for users. On it, they can freely own the products of their creativity and receive a reward in the form of cash for the enormous value that they provide to platform operators.

Why do users use The Sandbox cryptography?

Many users of the SAND ecosystem find attractive a combination of a customizable game plot and process, rights to digital land and endless space for their creativity. Cryptocurrency also provides an opportunity to understand the Blockchain economy in detail, thanks to the use of rare NFT tokenomics created by other players. Most investors want to add SAND to their crypto portfolio because they believe in the future value and development of the digital land and token.

Sandbox cryptocurrency forecast

NFT tokens have become very popular in 2021 and many users are still actively interested in them. As a result, the price of gaming art assets is rapidly increasing. Accordingly, the cost of the SAND token also increases. Since The Sandbox is one of the brightest representatives of games in the Blockchain industry, it already has a large number of regular users, thanks to its versatility. F2P games have always attracted creative people with their freedom for imagination. 

At the time of writing, the sandbox exchange rate to the dollar is 0.59 USD. If you equate it with Bitcoin, then it is 0.00002 BTC. The volume of trading on exchanges per day is almost 537 million USD. Now investors are considering the coin as a digital asset, which has a huge potential for profitability. For two years now, the coin has been ranked in the top 50 on cryptocurrency exchanges by capitalization. Only time will tell whether SAND will withstand the competition and whether it will remain in the top.