What is SAND?
SAND is an ERC-20 utility token that allows users to buy and sell LANDS and ASSETS in The Sandbox Metaverse. Ranked #150 among cryptocurrencies, SAND has a fixed supply of 3 billion SAND.
SAND hit its ATH of $0.9327 on Mar 28, 2021 and is currently ranked #150 amongst all cryptocurrencies. At the time of writing, SAND is trading on Coinhako for $0.275 USD.
SAND is used as a medium of exchange in the gameplay, to participate in governance and to stake and earn rewards.
What is The Sandbox?
Developed and launched by Pixowl Studios in 2011,The Sandbox is a virtual world built on the Ethereum blockchain that allows users to create, build, buy and sell digital assets.
Originally hosted on mobile devices and Microsoft Windows, The Sandbox later decided to leverage blockchain technology, and created a Voxel-style (Volume and Pixel) version of the game.
How does The Sandbox work?
By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a gaming community. It focuses mainly on using a “play-to-earn” model, allowing users to simultaneously be the creators and the gamers.
These are some of the components that make up the Metaverse which can be used by users:
🌴LAND - A digital real estate in the form of NFT. Creators can use the lands to build and populate on top of it.
💎Gems and Catalysts - Used to define the tier, scarcity, and attributes of assets.
🧰VoxEdit - An all-in-one tool to create and animate voxel models.
🎮 GameMaker - A software that anyone can download in order to create games using the thousands of Voxel Models made by the community in VoxEdit.
The Sandbox also allows creators to build and contribute their own 3D games to the multiverse, providing players with a wide selection of games on the platform.
What’s New with The Sandbox (SAND) on Coinhako?
1. Trade SAND directly with Singapore Dollars (SGD) 🇸🇬
With SAND/SGD trading pairs available on Coinhako, our Singapore users will be able to buy & sell SAND in Singapore Dollars (SGD) when they fund their accounts with SGD.
2. Trade SAND directly with Vietnamese Dong Trading (VNDT) 🇻🇳
With SAND/VND trading pairs available on Coinhako, our Vietnam users will be able to buy & sell SAND when they fund their accounts with VND.
3. Trade SAND directly with US Dollars (USD) 🇺🇸
The SAND/USD trading pair Solana prices against the United States Dollar (USD), and our Singapore users will be able to buy & sell SAND when they fund their accounts with USD.
4. SAND swaps (Crypto-to-crypto trading)
Coinhako users will also be able to trade The Sandbox with other cryptocurrencies that are supported in their countries, with our Swap function.
5. Get the latest SAND price news on Coinhako 🚨
As with every other supported token on Coinhako, we endeavour to update our users on key news about each project through our various channels.
The Coinhako platform also features a News Feed section where you will be able to receive all the latest updates on SANDToken, alongside on the other top crypto projects, like uniswap, polkadot, band protocol.
5. SAND wallet for all (COMING SOON )
With the wallet feature, Coinhako users can securely send (withdraw), receive (deposit), and store SAND.
6. Buy SAND instantly with debit and credit card
Beat the deposit queue and buy SAND instantly when you pay by card.
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All opinions expressed here by Coinhako.com are intended for educational purposes, taken from the research and experiences of the writers of the platform, and should not be taken as investment or financial advice.