What is the cryptocurrency used In the game The Sandbox?
2025-06-24 08:53:47
The cryptocurrency used in the game The Sandbox is called SAND. If you're wondering what is the cryptocurrency used in the game The Sandbox, it's an ERC-20 token on the Ethereum blockchain. SAND plays a crucial role in transactions, voting, and rewards within The Sandbox ecosystem. This cryptocurrency is essential for purchasing items and supporting the game’s economy. The Sandbox remains highly active, with SAND being traded on 64 different exchanges. Currently, its market cap is close to $620 million.
What is the cryptocurrency used in the game The Sandbox
SAND Token Overview
SAND is the main cryptocurrency in the sandbox game. SAND is the main utility token and native token in the sandbox metaverse. Players need SAND for almost every action in the game. They use it to buy land, trade digital items, and change their avatars. The sandbox world depends on SAND to link playing, building, and the community with real digital worth. SAND is also a governance token. This means people who own SAND can vote on updates and changes using a DAO.
Recent data shows SAND is very active in the sandbox metaverse. The SAND token went up 30% in one day and reached about $0.26655. Its market cap is around $651.78 million. The trading volume in 24 hours is $61.75 million. These facts show SAND is the cryptocurrency used in the sandbox and is important in web3 gaming. Players can get SAND by playing games, finishing quests, or making content. The sandbox world gives rewards to creators and players, so SAND is a big part of web3 and the sandbox metaverse.
Tip: SAND is on big exchanges like Binance. This makes it simple for people to buy, sell, or trade SAND for use in the sandbox.
SAND does more than just help with trades. It lets users stake, so they can earn rewards and platform fees. Staking also helps users find rare in-game items like GEMs and CATALYSTs. People who have SAND can join contests, get rewards, and help decide the future of the sandbox by voting. This makes SAND a true main utility token in web3 gaming.
ERC-20 and Supply
SAND uses the ERC-20 standard on the Ethereum blockchain. This standard makes sure SAND is safe, easy to use, and works with wallets and exchanges in web3. ERC-20 rules tell how tokens act, so SAND can work with other apps in web3 gaming.
| ERC-20 Function Type | Function Name | Description |
|---|---|---|
| Mandatory | totalSupply | Shows the total number of tokens |
| Mandatory | balanceOf | Shows how many tokens a wallet has |
| Mandatory | transfer | Sends tokens from one person to another |
| Mandatory | approve | Lets someone spend tokens for the owner |
| Mandatory | transferFrom | Sends tokens from an approved address |
| Mandatory | allowance | Shows how many tokens an approved spender can use |
| Optional | name | Gives the name of the token |
| Optional | symbol | Gives the short symbol of the token |
| Optional | decimals | Tells how many decimal places the token can be split into |
There can only be 3 billion SAND tokens in total. By early 2025, about 2.46 billion SAND are in use. This is over 80% of all SAND. Having a set amount helps keep SAND valuable and rare in the sandbox world. The biggest wallet has about 24% of all SAND. The top 10 holders have over 68%. This shows SAND is a big asset in web3 gaming and the sandbox metaverse.
SAND’s ERC-20 design lets it be used as money, a reward for creators, and a way to vote. Players use SAND to buy land, trade NFTs, and join the play-to-earn system. The sandbox world has tools like VoxEdit and Game Maker. SAND is used to buy, sell, and trade digital items in these tools. The ERC-20 standard also lets SAND move to other blockchains, like Polygon, for lower costs and faster trades in web3 gaming.
SAND in The Sandbox
In-Game Uses of SAND
Players use SAND as money in the sandbox metaverse. SAND lets people buy land, trade digital items, and change their avatars. All trades in the sandbox use SAND, so it is very important. Players can buy land, make their avatars better, and get special features. SAND also lets people join play to earn games. They can finish quests or play to win more tokens. The sandbox world lets players own their items, even if the game stops. Blockchain in web3 gaming keeps trades safe and lets items move to other games. SAND is the main token for using and voting in the sandbox. LAND tokens show who owns land in the game.
Note: SAND is on big exchanges, so it is easy to buy and join web3 gaming.
SAND and Governance
SAND lets people help decide what happens in the sandbox. Players can vote on new things and changes. The sandbox uses a DAO, so voting power depends on how much SAND and NFTs someone has. This way, the community helps make choices for web3 gaming and the sandbox.
Earning and Staking SAND
There are many ways to get SAND in the sandbox:
- Buy and sell land to make money.
- Make and sell NFTs in the sandbox store.
- Play games and finish tasks to earn SAND.
- Stake SAND tokens to get rewards and share fees.
- Win SAND in contests or from sponsored content.
Staking SAND can help players find rare items like GEMs and CATALYSTs. Owning land can give extra SAND, based on how much and how long it is held. The sandbox uses pools and reserves to keep SAND valuable and reward active players in web3.
SAND is very important in the sandbox world in web3. Players and creators use the sandbox to trade safely and make NFTs. They also create their own content.
- SAND helps with buying land, using Game Maker, and VoxEdit. It also supports community events in web3.
- The sandbox gets bigger with partners from around the world. It uses voting and play-to-earn to grow.
Studies say users should have strong passwords and safe spaces in the sandbox. Tools like Whatfix Mirror let people test and learn without danger in web3. This helps people join in and keeps them safer.
FAQ
What is the difference between SAND and LAND in The Sandbox?
SAND acts as the main currency. LAND represents digital real estate. Players use SAND to buy LAND and other in-game items.
Can players earn SAND without buying it?
Players can earn SAND by completing quests, creating content, or winning contests. The Sandbox rewards active participation with SAND tokens.
Is SAND safe to store in any crypto wallet?
SAND follows the ERC-20 standard. Players should use wallets that support Ethereum tokens. Secure wallets help protect SAND from theft.