What do you mean by $SAND?

Token Thursdays: Episode 8

What is SANDBOX?

Sand is the native token of the popular Ethereum-based decentralized virtual gaming world ‘The Sandbox’. Sandbox is one of the top leading metaverses that is leading the development of decentralized web3 gaming. In Sandbox’s virtual world, players can build, own, and monetise their gaming experiences using non-fungible tokens(NFTs) and $SAND, the platform’s utility token. Players can create digital assets in the form of NFTs through their VoxEdit, develop In-game Experiences through The Sandbox Game Maker and Buy & Sell assets through their upload them to the custom Marketplace.

  • Players
  • Creators
  • Curators
  • Landowners
SANDBOX TOKENS

Key Features of SAND

  • SAND is an ERC-20 token that will be used all across The Sandbox metaverse.
  • It is used to facilitate various transactions & creations that are part of its gameplay.
  • It is used to buy the valuable LAND NFTS & user-generated ASSETS Tokens
  • Additionally SAND also carries a governance utility through a staking mechanism

$SAND Utilities

  1. Medium of exchange: Players can potentially collect SAND through gameplay, and subsequently spend $SAND to play games, purchase equipment, or customize Avatar characters. Creators can spend SAND to acquire ASSETS and LAND. Artists can spend SAND to upload ASSETS to the Marketplace and buy GEMs for defining item rarity.
  2. Governance: $SAND allows holders to participate in governance decisions. SAND owners can vote themselves or delegate voting rights to other players of their choice.
  3. Staking: Users can stake $SAND tokens to earn rewards, as well as GEMs and CATALYSTs for ASSETS creation.

Where to buy SAND?

If you are looking to trade SAND with a fully insured wallet, simply head on over to DIFX and log in or create a new account to start trading!

About Us

DIFX is a centralized cross-asset crypto exchange that allows users to trade between multiple asset classes that include indices, forex, crypto, metals, and commodities, just to name a few. The DIFX fully-insured crypto wallet comes from a partnership with Fireblocks, one of the leading crypto custodians in the world.

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