Cryptos:  11,064Exchanges:  389Market Cap:  $1,588,817,913,53824h Vol:  $118,286,557,785Dominance:  BTC: 47.8% ETH: 17.9%ETH Gas:  41 Gwei
Cryptos:  11,064Exchanges:  389Market Cap:  $1,588,817,913,53824h Vol:  $118,286,557,785Dominance:  BTC: 47.8% ETH: 17.9%ETH Gas:  41 Gwei
SAND

The SandboxSAND

Rank #109
Token
On 68,846 watchlists

The Sandbox Price (SAND)

$0.6192
13.34%

0.00001529 BTC13.34%

0.000255 ETH13.34%

Low:$0.6068
High:$0.7671
24h
SAND  The Sandbox SANDPrice: $0.6192 13.34%
Market Cap
$435,327,716
13.34%
Fully Diluted Market Cap
$1,857,748,798
10.38%
Volume
24h
$512,256,075
31.95%
Volume / Market Cap
1.18
Circulating Supply
702,992,326.22 SAND
23%
Max Supply
3,000,000,000
Total Supply
3,000,000,000
Sponsored

The Sandbox Chart

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SAND Price Live Data

The live The Sandbox price today is $0.619250 USD with a 24-hour trading volume of $512,256,075 USD. The Sandbox is down 13.34% in the last 24 hours. The current CoinMarketCap ranking is #109, with a live market cap of $435,327,716 USD. It has a circulating supply of 702,992,326 SAND coins and a max. supply of 3,000,000,000 SAND coins.

If you would like to know where to buy The Sandbox, the top exchanges for trading in The Sandbox are currently Binance, OKEx, Huobi Global, CoinTiger, and FTX. You can find others listed on our crypto exchanges page.

What Is The Sandbox (SAND)?

Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.

According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.

Who Are the Founders of The Sandbox?

Arthur Madrid is co-founder and CEO at Pixowl, and he is one of the driving forces behind The Sandbox. He graduated with a degree in economics from Université Paris Dauphine in 2000. Madrid’s professional career began as a consultant for Eurogroup Consulting France, but he soon found his entrepreneurial spirit. In 2001, he founded 1-Click Media, which was later purchased by Ipercast.

Sebastien Borget is also a co-founder at Pixowl and serves as the COO of the company. He graduated with a degree in computer systems networking and telecommunications from Institut national des Télécommunications in 2007. His professional career began as a project lead for 1-Click Media, and since then, Arthur Madrid and Sebastien Borget have been an entrepreneurial duo. They founded Pixowl in 2011 and have been continually working on projects together.

What Makes The Sandbox Unique?

The Sandbox is a unique platform because it introduces blockchain technology to the world of gaming. The gaming industry is a huge untapped market when it comes to the adoption of blockchain tech, and Pixowl saw that in 2011. By creating a universe where gamers can create and collect blockchain-based assets, the Sandbox aims to revolutionizes the market. It makes a niche for itself in the global market of gaming.

By focusing on user-generated content, the Sandbox creates a metaverse of involved players who contribute to the platform’s further development. Not only that, by introducing the SAND token, the Sandbox promotes decentralized governance and allows users to share their views and ideas about the development of the project. Thanks to the evolving technology, decentralized governance is becoming a must-have in blockchain-based projects.

The company started out with a bang and attracted support and investments from numerous big names in the gaming industry. These include brands like Atari, Helix and CryptoKitties.

Read more about Enjin Coin.

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Have a look at the CoinMarketCap blog.

How Many The Sandbox (SAND) Coins Are There in Circulation?

There is a maximum and total supply of 3,000,000,000 SAND tokens. Currently, about 680,266,194 SAND tokens are in active circulation, which represents 23% of the total supply available as of March 2021.

Of the total token supply, about 25.82% was set aside in a company reserve. Another 17.18% were allocated for the seed sale of the token. The founders and team members secured about 31% of the total token supply distributed among them. Around 12% of the total supply were set aside for a dedicated Binance Launchpad Sale, and another 10% were dedicated as rewards to advisors on the project.

How Is The Sandbox Network Secured?

As the Sandbox virtual world is built on top of the Ethereum blockchain, it is secured by the proof-of-stake (PoS) consensus mechanism. The SAND token is a standard version ERC-20 token, which means owners can stake it and benefit from staking rewards.

Unlike the proof-of-work (PoW) consensus mechanism employed by the Bitcoin blockchain, PoS does not require vast amounts of electrical or computing power to validate transactions. It relies on stakeholders with the largest holdings in SAND tokens. The PoS consensus mechanism allows for a lot of diverse applications while still ensuring the security of staked funds.

Where Can You Buy The Sandbox (SAND)?

The Sandbox is enjoying a rise in interest from both investors and users, and more exchanges have started offering trades with the SAND token. Binance has the largest trading volume of SAND/BUSD, with $7,015,941 processed in transactions so far as of March 2021.

Other options for buying SAND include Uniswap (V2), Gate.io, and LATOKEN.

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SAND

The Sandbox

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USD

United States Dollar

SAND Price Statistics

The Sandbox Price Today
The Sandbox Price$0.6192
Price Change24h$-0.09536
13.34%
24h Low / 24h High
$0.6068 /
$0.7671
Trading Volume24h$512,256,075.28
31.95%
Volume / Market Cap1.18
Market Dominance0.03%
Market Rank#109
The Sandbox Market Cap
Market Cap$435,327,716.40
13.34%
Fully Diluted Market Cap$1,857,748,798.24
10.38%
The Sandbox Price Yesterday
Yesterday's Low / High
$0.6731 /
$0.7807
Yesterday's Open / Close
$0.7303 /
$0.7532
Yesterday's Change

3.15%

Yesterday's Volume$753,778,396.48
The Sandbox Price History
7d Low / 7d High
$0.365 /
$0.8442
30d Low / 30d High
$0.1765 /
$0.8442
90d Low / 90d High
$0.1471 /
$0.8442
52 Week Low / 52 Week High
$0.02894 /
$0.9327
All Time High
Mar 28, 2021 (4 months ago)
$0.9327
33.61%
All Time Low
Nov 04, 2020 (9 months ago)
$0.02894
2039.85%
The Sandbox ROI

7331.29%

The Sandbox Supply
Circulating Supply702,992,326 SAND
Total Supply3,000,000,000 SAND
Max Supply3,000,000,000 SAND