Issue data
NameThe Sandbox, SAND
Release time 2020-08-13
The market value of the whole network is 0.17
24-hour transaction on the whole network —
921 million in circulation
A total of 3 billion issued
The maximum circulation is 3 billion
Circulation accounted for 30.70%
24 hours change hands 39.93%
technical model
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The full English name of SAND coin is The Sandbox, which is the NFT token of the meta-international sector invested by Binance. Most investors must have heard of this kind of virtual currency. In fact, The Sandbox is a virtual game world. SAND currency is the functional token that the project intends to build on Ethereum. Different game experience to get corresponding token rewards. At present, the SAND coin project has established cooperative relations with more than 50 partners including ATARI, Crypto Kitties and other well-known projects. Many investors are very curious to know what is the prospect of Yuan International’s SAND coin? Let the editor of Chain Encyclopedia take you to understand the prospect of Yuan International SAND coin.
This article will take you to understand the prospect of Yuan International SAND currency
Sandbox is also a rare project in the blockchain project that has been in operation for a long time. It was launched on the mobile game terminal in 2012, and has received 40 million downloads and 1 million active users. In 2018, the production of the global 3D version of Sandbox started, as we just said, allowing players to create and hold financial game experience through SAND tokens.
Sandbox sees that game developers and producers do not get rewards through the games on the Applestore, and there is no way to monetize their inventions and time spent in games. Next, I will share with us how Sandbox solves this problem.
Since 2017, there was a game of CryptoKitties that was very popular at that time. We saw the potential of NFTtoken from this game, which allowed users in this channel to get rewards for producing games.
The Sandbox channel has three central elements. By understanding these three elements, you will probably know what the game is like.
Centrally speaking, it is an ecosystem that gathers inventors and players. There are three central elements: one is the modification software, VoxEdit, as well as the market for channel planning and the production of the game itself. Modifying software is actually a reflection of the Sandbox team’s focus on content inventors. They chose VoxNFT and its modification software VoxEdit, so that players have the power to tokenize artistic inventions and game inventions, allowing users to use and invent 3D pixel models. Fantastic animation.
There is also a trading market, which can convert your own inventions into NFTs through smart contracts inside the game, non-fungible tokens, and you can also get surplus by selling tokens. Therefore, the game itself allows players to invent 3D games, the threshold is very low, and no programming knowledge is required.
What about SAND coins?
The Sandbox is a unique virtual world game, the gameplay is similar to the best-selling open world game “Minecraft” in history; through the Ethereum-based functional token SAND, gamers can pass The Sandbox Game Maker, To create digital assets (non-fungible tokens, also known as NFTs), upload them to the store, and create a game experience through a simple drag and drop method. In the virtual world, people can unlock real estate, land, etc. in the game by obtaining the non-fungible token (NFT) LAND invented based on the Ethereum ERC-721 protocol.
There are a lot of virtual land (LAND) in The Sandbox International. $SAND is a functional token based on the Ethereum ERC-20 protocol. It will form the dual-token system of The Sandbox International with LAND. By participating in the channel management operations of the Decentralized Autonomous Organization (DAO), $SAND holders can cast a key vote on changes to The Sandbox’s gaming environment.
The Sandbox aims to attract more crypto and non-crypto gaming enthusiasts and bring blockchain to the mainstream with the benefits of true ownership, digital scarcity, profitability and interoperability that blockchain technology brings Games International. Players can use the channel token SAND to create, own and profit from their own gaming experience in the Ethereum blockchain. Here you can play, invent, collect, earn, manage and own anything in the game.
To sum up, this is the answer of the editor of Chain Encyclopedia on the prospect of Yuan International’s SAND coin. I hope that this article from the editor of Chain Encyclopedia will help you understand the prospect of Yuan International’s SAND currency. Coin has a more in-depth understanding of the currency. I would like to remind all investors here that the development of the SAND coin is still very good in the entire meta-international sector. It builds a very attractive virtual world and attracts various types of players. Young people or old people can have a good game experience here. The success of Sandbox is also destined to increase the value of SAND rapidly. In conclusion, the potential of SAND coin is huge, and I believe it will also have a role in the NFT sector. Very well represented.
Encyclopedia information source for this paragraph www.yi6g.com/zhishi/38623.html
economic model
Babbitt News, on January 21, NFT platform Ethernity announced a strategic cooperation with blockchain game and metaverse project The Sandbox. Ethernety will bring its library of world-class licenses to The Sandbox metaverse, allowing players to wear their avatars with certified and fully licensed clothing from well-known stars, players, brands, teams, leagues, and more.
It is reported that Ethernity is a community-oriented platform that provides limited edition certified NFTs (aNFTs) and trading cards.
Top French fashion magazine L’OFFICIEL has announced plans to launch a virtual clothing line within the growing concept of the metaverse. L’OFFICIEL said in a blog post that the company has an eye on the metaverse in the future, and its recent acquisition by Hong Kong-based financial services firm AMTD International will help with that shift. AMTD International will collaborate with L’OFFICIEL on the Fashion Skin project in The Sandbox and acquire land. The project will use artificial intelligence linked to the L’OFFICIEL database to design a range of virtual garments. According to the magazine, it has more than 100,000 exclusive images in more than a century of distribution. After the acquisition, AMTD plans to expand L’OFFICIEL’s business in Hong Kong, Macau, Czech Republic, Hungary, Switzerland and the Netherlands. (Finbold)
Project Description
The Sandbox is a virtual game world where players can create and own different gaming experiences, and earn money from them, through the Ethereum-based utility token SAND. Gamers can use The Sandbox Game Maker to create digital assets (non-fungible tokens, also known as NFTs), upload them to the store, and create gaming experiences with a simple drag-and-drop method. The Sandbox aims to bring blockchain into the mainstream by attracting more crypto and non-crypto gaming enthusiasts through the benefits of true ownership, digital scarcity, profitability and interoperability that blockchain technology brings game world.
Related Links
contract address
0x3845badAde8e6dFF049820680d1F14bD3903a5d0
Official website
https://www.sandbox.game/
block explorer
https://cn.etherscan.com/
white paper
https://installers.sandbox.game/The_Sandbox_White
Other The Sandbox games – user-generated encrypted blockchain games
https://www.sandbox.game/sc/
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