The Sandbox (SAND) is a blockchain-based virtual world where players can create, share, and monetize their gaming experiences. The platform is built on the Ethereum blockchain and uses non-fungible tokens (NFTs) to represent in-game assets.
The native token of The Sandbox is SAND. It is used for various purposes within the platform, such as purchasing virtual land, buying and selling in-game assets, participating in governance decisions, and staking to earn rewards. SAND has a maximum supply of 3 billion tokens and a circulating supply of around 1.5 billion tokens.
The Sandbox allows users to create and publish their own gaming experiences using the platform's proprietary voxel-based game engine. The game engine is designed to be user-friendly and accessible to non-technical users, allowing anyone to create and publish their own games.
In addition to user-generated content, The Sandbox also partners with popular brands and franchises to create branded experiences within the platform. Some of these partnerships include Atari, Rollercoaster Tycoon, and The Smurfs.
Overall, The Sandbox aims to create a decentralized gaming metaverse where players have ownership and control over their gaming experiences and can monetize their creations. The use of NFTs and blockchain technology allows for a transparent and secure gaming economy where players can truly own and trade their in-game assets.