Buy The Sandbox SAND
What is The Sandbox (SAND)?
SAND is the utility token of The Sandbox, a blockchain-based virtual world where users can create, own, and monetise their gaming experiences using NFTs. It powers the platform’s economy, enabling transactions, governance, and play-to-earn rewards.
How does The Sandbox (SAND) work?
The Sandbox operates on the Ethereum blockchain, utilising smart contracts to manage interactions such as buying LAND, trading assets, and platform governance. SAND holders can participate in the DAO to vote on key decisions, while creators earn rewards by developing and selling digital content.
What are the potential use cases for The Sandbox (SAND)?
- NFT Marketplace: Buying, selling, and trading virtual assets and LAND.
- Game Development: Using the Game Maker tool to build and monetise games.
- Play-to-Earn Rewards: Earning SAND for participating in and contributing to the platform.
- Industries: Gaming, virtual reality, and digital collectibles benefit from The Sandbox ecosystem.
What is the history of The Sandbox (SAND)?
The Sandbox began as a mobile game by Pixowl in 2011 and transitioned to a blockchain-based platform in 2018, collaborating with Animoca Brands. SAND’s Initial Exchange Offering (IEO) in 2020 marked its emergence as a leading token in the virtual world and NFT space.
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Frequently Asked Questions (FAQs)
What is the current price of The Sandbox (SAND)?
The The Sandbox price is $0.52073049 AUD, representing a -4% from the day prior.
Where is the best place to buy The Sandbox (SAND) in Australia?
The best place to buy The Sandbox (SAND) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell The Sandbox (SAND) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of The Sandbox (SAND)?
The trading volume of The Sandbox (SAND) is $205.0M AUD in the last 24hrs, representing a -4% from the day prior.
How can I buy The Sandbox (SAND)?
The Sandbox (SAND) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of The Sandbox (SAND)?
The current market cap of The Sandbox (SAND) is $1.2B AUD.
Can I convert The Sandbox (SAND) to cash?
Yes - With Coinstash you can convert your The Sandbox (SAND) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many The Sandbox (SAND) are there?
The current circulating supply of The Sandbox (SAND) is 2.4B.
Is Coinstash a safe place to buy The Sandbox (SAND) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling The Sandbox (SAND) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.