The Sandbox sand

The Sandbox price today is USD 0.524 and the trading volume in 24 hour is USD 419,426,918. Price change in the SAND price in the last 24 hour is -0.074 . It has a circulating supply of 1,853,581,926.223 coins and a total supply of 3,000,000,000. Total market cap of the SAND is USD 969,764,653 which has the movement of -12.839 in the last 24 hours

The Sandbox, a rising star in the metaverse ecosystem, positions itself as a play-to-earn virtual world where players can own, build and monetize virtual assets and gaming experiences. The project has partnered with many influencers, brands, and artists, including Snoop Dogg, Atari, and Deadmau5. The Sandbox had its humble beginnings as a regular cross-platform game-builder, not on the blockchain. Animoca Brands, a blockchain game development company, acquired The Sandbox in 2018 and announced its plans to bring the Sandbox to the Ethereum blockchain. This expansion to the blockchain aimed to solve specific critical issues with traditional gaming: actual ownership of in-game assets and a free open market economy for creators and players without interference from centralized institutions. The Sandbox is designed with a comprehensive economy and is suited for artists, investors, gamers, and game designers. SAND is the platform’s utility token

Arthur Madrid is co-founder and CEO at Pixowl, the parent company of Sandbox, and he is one of the driving forces behind The Sandbox. He graduated with a degree in economics from Université Paris Dauphine in 2000 Sebastien Borget is also a co-founder and serves as the COO of the company. He graduated with a degree in computer systems networking and telecommunications from Institut national des Télécommunications in 2007. Animoca Brands acquired Pixowl, the developer of The Sandbox game, for $4.875 million in Aug 2018

The main reasons to invest in Sandbox include: - The Sandbox seems to be the strongest metaverse project with active collaborations and periodic updates and events. - The team is considering a layer two solution for the marketplace to move away from Ethereum’s gas fees. Layer 2 solutions like Polygon and Immutable X will significantly lower gas costs and make the project much more viable to mass adoption. - The company has attracted support and investments from numerous big names in the gaming industry, including Atari, Helix, and CryptoKitties. - Major VCs like SoftBank and Hashed are backing Sandbox. - The SAND token can be staked to receive staking rewards