SAND(The Sandbox)
The Sandbox is a virtual game world where players can create and own different game experiences and get benefits from it.
Exchange Deposit

1. Brief Introduction


The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences in the Ethereum blockchain using NFTs and $SAND, the platform’s utility token.


We will build an unique way to play in a virtual world where you can play, create, collect, earn, govern, and own anything in the game.


2. Detailed Introduction


The Sandbox is an ecosystem for Players and Creators, consisting of three main components: a Voxel Editor (named “VoxEdit”), a Marketplace, and the Game itself.


SAND holders will be also able to participate in 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, you 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.


Players can collect tokens and resources and trade them with other players, creators, artists etc. on the platform. This business model is called play-to-earn, as anything they collect in the game is truly owned by players, they can trade it to other players (inside the marketplace or outside on other websites), transfer it to other players or even resell it through our currency $SAND.


$SAND tokens have the following utility on The Sandbox platform:


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.


Governance: $SAND allows holders to participate in governance decisions. SAND owners can vote themselves or delegate voting rights to other players of their choice.


Staking: Users can stake $SAND tokens to earn rewards, as well as GEMs and CATALYSTs for ASSETS creation.
Also, our fee capture model is important, as a total of 26.5% of all SAND transaction volume goes back into the Foundation and for Staking Rewards


3. Token Allocation





4. Token Information and Release Schedule


Private Round Price: $0.0036
Seed Sale Price: $0.0050
Public Round Price: $0.0083


Token Lock-up plan and release plan


Seed Sale, Strategic Sale (Investors) SAND allocated to the Investors in Seed Sale and the Strategic Sale are locked for 3 years vesting with a 12 month cliff and will be distributed as shown on below table:

 

Date (Listing date = August 14, 2020)

Number of Tokens

12 month anniversary of the Listing Date

1/5th of the Acquisition Tokens

18 month anniversary of the Listing Date

1/5th of the Acquisition Tokens

24 month anniversary of the Listing Date

1/5th of the Acquisition Tokens

30 month anniversary of the Listing Date

1/5th of the Acquisition Tokens

36 month anniversary of the Listing Date

1/5th of the Acquisition Tokens


Founders, Team and Advisors SAND tokens are locked for 5 years vesting and 12-month cliff followed by release every 6 months and will be distributed as shown on below table:

 

Date (Listing date = August 14, 2020)

Number of Tokens

12 month anniversary of the Listing Date

1/8th of the Advisory Tokens

18 month anniversary of the Listing Date

1/8th of the Advisory Tokens

24 month anniversary of the Listing Date

1/8th of the Advisory Tokens

30 month anniversary of the Listing Date

1/8th of the Advisory Tokens

36 month anniversary of the Listing Date

1/8th of the Advisory Tokens

42 month anniversary of the Listing Date

1/8th of the Advisory Tokens

48 month anniversary of the Listing Date

1/8th of the Advisory Tokens

54 month anniversary of the Listing Date

1/8th of the Advisory Tokens



Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. Huobi does not take responsibility for any resulting direct or indirect losses.

 

 

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White Paper & Online Community
Market Dynamics
Some data are from CoinGecko
Current Price
1.079 USDT
Ranking
From CoinGecko Market Cap Rankings
40
ICO Date
2020-08-13
Total Supply
3000000000
Circulating Supply
1258626081
Market Cap
3237000000  USDT
Circulating Mkt Cap
1358057541  USDT
The price range covers the costs of earlier institutional & individual investors.
Price for Earlier Investors
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