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The Sandbox
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The Sandbox

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SAND

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The live price of Bitcoin is NT$-.- per (BTC / TWD) with a current market cap of NT$-.-. 24-hour trading volume is NT$-.-. BTC to TWD price is updated in real-time. Bitcoin is -.-% in the last 24 hours with a circulating supply of -.-.
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Bitcoin News Today

2026-08-26
AI Summary
The Sandbox Revitalizes Metaverse Market with Brand Partnerships

The Sandbox Revitalizes Metaverse Market with Brand Partnerships

The Sandbox (SAND) is displaying renewed market vigor today, standing out in the digital real estate and gaming sectors. The SAND token has seen an uptick in trading volume following a series of high-profile brand partnerships and successful virtual land sales. As the metaverse narrative evolves from initial hype to tangible user experiences, The Sandbox is leading the charge by providing accessible, user-generated content creation tools and a vibrant digital economy. On-chain metrics point to an increase in daily active users and asset trading within the platform's native marketplace. Creators are actively utilizing the VoxEdit and Game Maker tools to design unique non-fungible tokens (NFTs) and interactive experiences, monetizing their efforts via the SAND token. This closed-loop creator economy ensures consistent token velocity and utility, anchoring the asset's market value in actual platform engagement. Additionally, the project's staking mechanisms and localized liquidity pools provide attractive yields for long-term token holders. With an aggressive roadmap that includes mobile accessibility and deeper integration with other prominent Web3 ecosystems, The Sandbox remains a heavyweight in the blockchain gaming industry, appealing to both speculative traders and dedicated digital builders.
Notice: For information only. Not financial advice. Do not rely on this for trading.

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1. Issuer Information
  • The Sandbox's predecessor was Pixowl, acquired by Animoca Brands in 2018.
  • Arthur Madrid is the Co-founder and CEO.
  • Sebastien Borget is the Co-founder and COO.
2. Issuance Plan Description
  • The Sandbox aims to build an on-chain virtual world where players use SAND to build, own, and profit from game experiences.
  • The vision is to provide an immersive metaverse where players can collaboratively create virtual worlds and games without centralized server authorization.
3. Issuance Quantity, Price, and Other Subscription Conditions
  • SAND had several financing rounds and a public sale via IEO (Initial Exchange Offering).
  • 12% of the total supply was sold.
  • The price was 1 SAND = 0.00833 USDT.
  • The sale aimed to raise $3,000,000.
4. Public Offering and Listing Information
  • It was planned to be sold via Binance IEO in Q3 2020 and listed on Binance.
5. Relevant Project Information
  • The Sandbox ecosystem includes a marketplace and the game itself.
  • SAND is an ERC-20 utility token primarily used for transactions within The Sandbox.
  • LANDS are blockchain-backed virtual tokens representing physical plots in The Sandbox metaverse.
  • ASSETS are user-created game elements.
6. Rights and Obligations
  • The Sandbox aims to empower players and creators through blockchain technology and NFTs.
  • Rights include:
    • True digital ownership (players permanently own digital items even if the game closes).
    • Copyright ownership (creators retain copyright and ownership of their creations, can sell and trade items, and receive all benefits from their work).
    • Governance (SAND holders can participate in platform governance decisions through a DAO, voting on key elements like Foundation grant allocations and feature prioritization).
    • Staking (SAND allows staking for passive income on LANDS).
    • Trading (the blockchain platform gives users ultimate control over digital assets, allowing free buying/selling without fear of scams or platform closure).
  • User obligation is to comply with applicable laws and regulations within their jurisdiction.
7. Technology Used
  • The Sandbox uses a combination of blockchain and traditional technologies.
  • Key technologies include:
    • Ethereum blockchain (the foundation for SAND tokens and digital asset ownership).
    • ERC-20 standard (for the SAND utility token, facilitating transactions).
    • ERC-721 standard (for LANDS, representing virtual land ownership).
    • ERC-1155 standard (for ASSETS, user-generated content like in-game items).
    • IPFS (InterPlanetary File System), a P2P distributed file system, is used to store physical digital assets, ensuring they cannot be altered without the owner's permission.
8. Risk Disclosure
  • The whitepaper includes multiple risk disclosures:
    • Disclaimer (information may change and should not be considered a promise or guarantee).
    • Financial risk (investing in SAND involves significant risks, including price volatility, insufficient liquidity, and potential complete loss of principal; investors are advised to seek professional advice).
    • Emerging industry (the issuer operates in a rapidly developing, disruptive new industry where public understanding of DLT, smart contracts, and other innovations is still limited).
    • Technical infrastructure (the issuer's business relies on the continuous normal operation of its technical infrastructure and is vulnerable to cyberattacks, data theft, or other malicious interference).
    • Regulatory risk (the issuer is subject to various laws and regulations and faces risks related to changes in laws and their impact).
    • Adoption rate (a key challenge is the adoption rate by the artist and creator community, which is crucial for SAND demand).
9. Consensus Mechanism
  • The Sandbox uses a DAO structure for governance.
  • SAND token holders have the right to participate in key decisions related to platform development and the ecosystem.
  • Voting rights: SAND holders can vote on key platform elements, such as Foundation grant allocations to creators and feature prioritization on the platform roadmap.
  • DAO structure: Governance decisions are made via the DAO.
  • Voting or delegation: SAND holders can vote themselves or delegate voting rights to other players.
  • Decentralization: Token allocation from the Foundation will gradually decentralize as The Sandbox implements DAO/community-driven solutions.
  • Staking pool governance will shift from centralized decisions in the first year to a DAO mechanism in subsequent years.
10. Other Relevant Information
  • The Sandbox ensures asset security through several technologies:
    • UGC assets are uploaded to IPFS after minting.
    • Smart contracts record hash values to verify asset ownership and content.
    • Data monitoring and state change tracking involves AWS servers monitoring the blockchain and APIs transferring changes to update the database.
  • Notes from the review (excluding pass/fail):
    • The project is a smaller market cap project with high price volatility.