The Sandbox price

By November 16, 2022The Sandbox
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The current price of SAND is $0.59458. SAND price has decreased by -0.44% in the last 24 hours. The price has increased by 5.25% in the past 7 days.

The current market cap of The Sandbox is 891.6M USD.

The Sandbox is a decentralized metaverse built on top of the Ethereum blockchain. Anyone who participates in Sandbox’s virtual world has full property rights, since all of the land and items are saved as NFTs or non-fungible tokens.

When someone joins Sandbox and buys a piece of real estate, they receive an NFT representing a claim to the land. The same thing goes for in-game items. Neither the creators of Sandbox nor anyone else can take away land from a user.

SAND is the primary token used for all metaverse transactions and interactions. Players spend SAND to play games, buy equipment, or customize their Avatars. The other in-game tokens are LAND and ASSETS.

The Sandbox is a virtual world where players and creators can interact with each other, as well as build and trade land, and in-game items or assets.

There are 166,464 unique plots of LAND in the Sandbox universe. Each plot of virtual land measures 96 x 96 meters. Since the game is never going to create more land, it makes the existing parcels scarce and valuable. When a player combines multiple plots of land into one larger parcel, it’s referred to as an estate.

Land owners can build museums and art galleries on their plots and charge admission to visitors. In fact, digital art galleries showcasing NFTs is one of Sandbox’s most exciting use cases. Warner Music Group has also made plans for a music-themed parcel where concerts can be held in The Sandbox. Metaverse real estate firm Republic Realm also paid $4.3 million for LAND plots to develop Fantasy Islands, each with its own villa and membership in its Beach Club.

Sandbox users can also create new items using the Voxel editor. A voxel is the smallest design element when creating three-dimensional shapes. Users can create anything they want in the Sandbox world, from clothing to cars to weapons. Customized avatars are also a possibility.

After someone creates an item in Sandbox they can mint it as an ERC1155 token. Once the item has been tokenized it can be listed on the Sandbox marketplace.

Creators spend SAND to acquire ASSETS and LANDS and through staking. Holders may also participate in governance decisions, and SAND can be staked to provide passive income.

You can buy SAND and other cryptocurrencies directly within Exodus. Pay with USD, EUR or GBP using your credit/debit card, bank account, or Apple Pay.

You can also exchange more than 255+ other crypto assets for SAND within Exodus.

For more trading options, you can either create or log in from an existing FTX exchange account linked to Exodus.

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