Equity Details
Price & Market Data
Price: $0.07
Daily Change: -$0.0013 / 1.85%
Daily Range: $0.07 - $0.0738
Market Cap: $205,666,596
Daily Volume: 3,992,297
About The Sandbox (SAND)
Keep track of The Sandbox (X:SAND)'s market journey. Priced at 0.07, the stock reflects a daily movement of -$0.0013 / 1.85%. With a market cap of 205,666,596, explore its full spectrum of performance from YTD to 1-year.
Details
The Sandbox is a community-driven platform where creators can monetize voxel ASSETS and gaming experiences on the blockchain. SAND holders will be also able to participate in the governance of the platform via a Decentralized Autonomous Organization (DAO), where they can exercise voting rights on key decisions of The Sandbox ecosystem. As a player, the user can create digital assets (Non-Fungible Tokens, aka NFTs), upload them to the marketplace, and drag-and-drop them to create game experiences with The Sandbox Game Maker.As the Sandbox virtual world is built on top of the Ethereum blockchain, it is secured by the proof-of-stake (PoS) consensus mechanism. The SAND token is a standard version ERC-20 token, which means owners can stake it and benefit from staking rewards. Unlike the proof-of-work (PoW) consensus mechanism employed by the Bitcoin blockchain, PoS does not require vast amounts of electrical or computing power to validate transactions. It relies on stakeholders with the largest holdings in SAND tokens. The PoS consensus mechanism allows for a lot of diverse applications while still ensuring the security of staked funds.Telegram | Discord | Facebook | Instagram | YouTube | Twitch | GitHub | MediumWhitepaper
