The Sandbox (CRYPTO: SAND)
Key Data Points
The Sandbox Return vs. S&P
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The Sandbox Company Info
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
News & Analysis
Why Altcoins Were Getting Mashed on Monday
The crypto market currently feels tired, and in need of some good news.
Floor Prices for Metaverse Land Are Increasing, Though Off of Peak Highs
Although the crypto winter brought a hard freeze to metaverse real estate prices, a thaw is happening, with NFT floor prices steadily recovering.
Why The Sandbox Cryptocurrency Triumphed on Tuesday
A big entertainment company's loss is the token's gain, it seems.
Metaverse Comeback? The Surge in These 3 Cryptos Suggests It's Possible
These three metaverse tokens are having their day in the sun today.
This Metaverse Token's 5% Decline Today Indicates Volatility Is Likely to Continue
The Sandbox is a key player in the blockchain-based metaverse space, which is growing increasingly volatile.
Why The Sandbox Was Climbing Almost 7% Today
Apparently, 'tis the time of the season to visit a metaverse temporarily invaded by zombies and ghouls.
These 3 Metaverse Tokens Are Heating Up Today
The Sandbox, Enjin Coin, and Decentraland are big winners in today's crypto market recovery.
Bull vs. Bear: Metaverse Real Estate
Here's a deep dive into the best- and worst-case scenarios for the future of this virtual world.
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