Sandbox is a user-generated content (UGC) gaming platform that allows creators to design, publish, and monetize their own virtual worlds. The project is developed by Pixowl in 2011, a team that has over 10 years of experience in the gaming industry. It is supported by several companies, such as Atari, Helix CryptoKitties, and others.
The platform utilizes blockchain technology to provide a secure and efficient way to manage digital assets and transactions. The SAND token is used to purchase in-game items, resources, or experiences from other creators. It can also be staked by creators to earn rewards from transaction fees collected by the network.
The Sandbox is built on the Ethereum blockchain and uses the ERC-20 token standard and is secured by the PoS consensus. The token was launched in 2020 and is currently listed on major cryptocurrency exchanges such as Binance, Huobi Global, OKEx, Upbit, etc. The total supply is 3 billion tokens.