“ The Sandbox Metaverse is made up of LANDS, that are parts of the world, owned by players to create and monetize experiences.
There is a finite supply of 3,000,000,000 SAND.“ It is an ERC-20 utility token built on the Ethereum blockchain. “ SAND is the utility token used throughout The Sandbox ecosystem as the basis for transactions and interactions. “ The Sandbox is a virtual world built on the Ethereum blockchain, where players can build, own, and monetize their gaming experiences… The SAND token is an ERC-20 utility token that is used for value transfers as well as staking and governance… Players can create digital assets in the form of Non-Fungible Tokens (NFTs), upload them to the marketplace, and integrate into games with Game Maker.“Īnd here is the how The Sandbox team describes SAND and LAND: Here is how Binance Research described The Sandbox back in August 2020: Animoca Brands is also a prolific investor with over 100 investments in NFT-related blockchain companies, including Sky Mavis ( Axie Infinity), Dapper Labs ( NBA Top Shot), OpenSea, Harmony, Bitski, and Alien Worlds.” The Sandbox, which is a subsidiary of Animoca Brands, has announced that “PwC Hong Kong has acquired a LAND site in The Sandbox metaverse”.Īnimoca Brands, which was founded in January 2014 by Yat Siu and David Kim, and its various subsidiaries “develop and publish a broad portfolio of blockchain games, traditional games, and other products, many of which are based on popular global brands, such as Formula 1®, Disney, WWE, Power Rangers, MotoGP™, and Doraemon.
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