Introduction

The Sandbox (SAND) is a virtual gaming world built on Ethereum. Users can create and experience 3D games here, earn rewards by completing tasks, and monetize games made using community-created pixel models.

The Sandbox features a total of 166,464 plots of land (LAND), each of which is a non-fungible token (NFT), specifically an ERC-721 token, representing digital real estate on The Sandbox platform.

Users can purchase LAND using the platform’s native token, SAND. Owning a piece of LAND means players own a part of The Sandbox metaverse.

The total supply of SAND is 3 billion, currently priced at $0.29, with a circulating supply of approximately 620 million tokens and a market cap of $187 million. There are 17,351 SAND holder addresses.

Use Cases

Currently, users can purchase registered and listed LAND on OpenSea.

After purchasing, you can freely design and operate your own games on your LAND. You can also buy other equipment or assets to enhance it or lease it to other game developers for rental income.

For players, you can experience multiple official preset games in The Sandbox and earn SAND rewards by completing tasks, which can be used to purchase more items and resources.

For creators, you can use The Sandbox’s Game Maker (a game editor) to build personalized game worlds. This editor is very user-friendly, requiring no coding knowledge—just drag and drop elements to create. Creators can sell their works and earn SAND.

Additionally, all users have their own unique avatars. You can customize skins, hairstyles, and even use equipment to boost attributes. These avatars can enter various game scenarios, interact, and socialize with others online.

Data

According to NonFungible data, as of June 16, The Sandbox platform recorded $320,000 in transactions over the past 7 days, with 273 sales and a total historical transaction volume of $27.49 million.

OpenSea data shows that The Sandbox’s transaction volume reached 13,908 ETH, with 10,716 participating wallets.