Cryptocurrency Knowledge

What is SAND?

Get to know SAND

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What is The Sandbox (SAND)?

The SAND coin is like the key that opens the door to the virtual world. The Sandbox, a game on the Ethereum blockchain
WHERE PLAYERS CAN CREATE, PLAY AND EARN MONEY FROM THEIR OWN CONTRIBUTIONS. SAND COINS
Acting as the primary cryptocurrency within The Sandbox ecosystem, players can use SAND coins to purchase digital land (LAND).
Create characters, items and other digital assets. In addition, SAND coins serve as rewards for players who complete various missions.
Play the game or create content within The Sandbox. Players can collect SAND coins to spend within the game.
Or trade in cash through a common cryptocurrency market.

Founder/Date Founded:

The founder of the SAND coin is Pixowl, a French software and game development company. It was founded by Arthur Madrid and Sebastien Borget.

Arthur Madrid, CEO of Pixowl, has a long experience in the gaming industry. He previously co-founded the game company 1-Click Media.
He was also Vice President of Business Development at Ubisoft.

Sebastien Borget, CEO of Pixowl, specializes in blockchain technology. He has co-founded several blockchain startups.
He was also the Chief Strategy Officer of ConsenSys.

Objective/Use Case:

Sandbox is a unique platform because it helps introduce blockchain technology to the gaming world.
The gaming industry is a huge market where blockchain technology hasn't been widely used yet, and Pixowl introduced this technology in 2011.
By creating a universe where gamers can create and accumulate assets on the blockchain, Sandbox's goal is to revolutionize the market.
It has made a space for itself in the global gaming market, focusing on user-generated content, with Sandbox creating the player metaverse.
Related, which contributes to the next stage of development of the platform. Not only the introduction of the SAND token, Sandbox is also promoted.
Decentralized governance and allows users to share their views and ideas on project development
Thanks to evolving technology, decentralized governance has become a must-have in blockchain-based startups.
Beautifully and attracting support and investment from many big companies in the gaming industry.
This includes brands such as Atari, Helix and CryptoKitties.

Total supply/Limit or Unlimited:

SAND HAS ONLY BEEN CREATED FOR $3 BILLION. THIS LIMITED AMOUNT ADDS TO SAND'S RARITY.
This has a positive effect on prices in the long run, and those who hold SAND and all the coins burned will not be able to find it back in circulation.

Supply Deflation:

The SAND coin has no official inflation, with the peak at $3 billion SAND.
This means that no more new SAND coins can be created after the first $3 billion distribution is completed.

Source:

The Sandbox whitepaper

Sandbox.game

CoinMarketCap/Sandbox

github/sandbox

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