Sandbox Price: Live SAND Price Today, Crypto Updates, and More

Check the latest Sandbox price, live SAND crypto updates, trading volume, market cap, and insights. Stay informed about the Sandbox token's performance today.

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About sandbox

The Sandbox is a blockchain-powered virtual world where users can create, own, and monetize digital experiences and assets using NFTs (non-fungible tokens). Built on the Ethereum blockchain, it combines gaming, creativity, and decentralized ownership to redefine the gaming industry.

Coin Website

This coin is available on Newton.

What is sandbox?

The platform uses the SAND utility token, which powers transactions, governance, and staking within the ecosystem. Players and creators can use SAND to purchase LAND, assets, and services or to participate in platform governance.

Through its decentralized structure, Sandbox gives users full ownership of their creations and virtual assets. This enables creators to design, sell, and trade NFTs within the virtual economy without relying on centralized entities.

At the heart of Sandbox are tools like the Game Maker, which allows users to build custom games without coding, and the VoxEdit tool, which is used to create and animate 3D assets. These assets can be traded or sold on the Sandbox Marketplace.

Since its launch, Sandbox has become a hub for creativity, offering opportunities for users to engage in play-to-earn gaming, create NFTs, and participate in the growing virtual world economy.

Frequently asked questions

How does sandbox work?

Sandbox works by combining blockchain technology with a user-driven economy to create a decentralized virtual world. The Ethereum blockchain ensures secure ownership of digital assets and transparency in transactions.

Users can create assets using VoxEdit, a 3D design tool, and then tokenize them as NFTs. These NFTs can be traded on the Sandbox Marketplace, which officially launched in the spring of 2021, making it easy to buy, sell, and discover unique digital items.

The Game Maker enables users to build interactive experiences, from games to virtual events, without needing coding skills. These creations can then be shared or monetized within the platform.

The SAND utility token powers the ecosystem, allowing users to purchase LAND, trade NFTs, and participate in governance decisions. Players and creators can also earn SAND by engaging in the play-to-earn features of the platform.

By decentralizing the gaming industry, Sandbox gives its community control over their assets, creations, and the direction of the platform, fostering innovation and creativity.

What is the circulating supply of Sandbox (SAND) today?

The circulating supply of Sandbox (SAND) refers to the number of coins readily available in the market. Here’s what you need to know:

  • SAND today has a circulating supply of 2.39B tokens.
  • The circulating supply impacts the token’s value and liquidity in the market.
  • A higher circulating supply can reduce the price of each token, while a lower supply can increase its value.
  • SAND tokens are readily available on crypto exchanges, making it accessible for investors.
  • Changes in the circulating supply, such as additional token releases or burns, can influence the market.

How has the price of Sandbox (SAND) changed?

The price of the Sandbox (SAND) can fluctuate based on market activity and trading volume. Here’s a quick overview:

  • The current price of SAND is influenced by the trading volume and market sentiment.
  • The price has increased/decreased based on recent activity, reflected on the Sandbox price chart.
  • Monitoring the 24-hour trading volume helps investors gauge market interest and liquidity.
  • The highest price of SAND in the last 24 hours shows the peak value within the timeframe.
  • Price movements can provide insights into potential short-term trends.

Why is the highest price of SAND significant?

The highest price of SAND is a key indicator of its historical market performance and growth. Here's what you should know:

  • The all-time high of SAND reflects the peak value the token has achieved.
  • This milestone occurred during a period of rapid growth in cryptocurrency prices and increased mainstream gaming interest.
  • It highlights the platform's success and the confidence investors have in its potential.
  • The highest price of SAND serves as a historical reference point for future price analysis and potential targets.

How does Sandbox's price relate to total Sandbox market value?

Sandbox’s price is often viewed as being closely tied to its total market value, which is seen by others as a reflection of its overall worth in the market. Here's how it works:

  • The current market cap is calculated by multiplying the circulating supply of 2.39 billion SAND by the current price.
  • A higher price leads to a higher market cap, indicating stronger investor interest and a higher valuation for Sandbox.
  • The theoretical market capitalization helps investors assess the potential of Sandbox in comparison to other cryptocurrencies.
  • Price increases can lead to a larger market cap, which signals growth for Sandbox in the crypto world.
  • The total market value is essential for understanding the size of Sandbox in relation to other tokens and shares in the stock market.

What are the potential uses of sandbox?

Sandbox offers endless possibilities in the gaming industry and beyond, from creating custom games to monetizing virtual real estate and NFTs. Developers can use the platform to design games and earn revenue through play-to-earn models and NFT sales.

Virtual LAND in Sandbox provides opportunities for creating immersive spaces, such as social hubs, gaming arenas, or event venues. These spaces can be monetized by renting, selling, or hosting branded experiences.

The Sandbox is also a unique tool for education, allowing educators to create engaging simulations or virtual classrooms. Its decentralized and creative environment provides new ways to interact and learn.

Brands and businesses can use Sandbox for marketing by creating virtual storefronts, interactive advertising, or hosting exclusive events, offering a fresh way to engage audiences.

For artists and content creators, Sandbox enables the design and sale of unique NFTs, providing a global platform for showcasing their work in the growing metaverse.

What is the history of sandbox?

Sandbox started as a 2D mobile game in 2012, allowing players to create and share digital worlds. It gained massive popularity in the gaming industry, with over 40 million downloads, proving the appeal of user-generated content.

In 2018, the creators, Pixowl, shifted Sandbox to a blockchain-based virtual world, introducing decentralized ownership and the ability to monetize creations through NFTs. This transformation laid the groundwork for the current Sandbox metaverse.

By March 2021, 23% of the total SAND supply was available, marking significant growth as the platform attracted gamers, creators, and brands. Partnerships with major companies and integration of NFTs further solidified its position in the gaming industry.

Key features like the SAND utility token, Game Maker, and LAND sales have cemented Sandbox’s place as a leader in the blockchain gaming and play-to-earn space. These innovations have attracted partnerships with gaming, entertainment, and blockchain leaders.

Sandbox continues to evolve with user-driven content and decentralized governance, making it a significant player in the growing metaverse and NFT economy.

How can users create games on their land in Sandbox?

Sandbox allows users to create games and experiences on their virtual land using the SAND token. Here’s how it works:

  • Creators and gamers can purchase land using SAND tokens and build games or experiences on it.
  • Users to create unique content on their land by leveraging the sandbox gaming platform’s tools and resources.
  • SAND is a utility token that is essential for buying assets, staking, and participating in the governance of the platform.
  • Sandbox supports a thriving ecosystem where creators monetize their work by selling or sharing games.
  • The ability to create games on their land has attracted a large community of users, enhancing the platform’s appeal.

What is the role of the SAND price chart in tracking its value?

The sandbox price chart is a valuable tool for tracking the fluctuations in the value of SAND. Here’s how it helps investors:

  • The price chart tracks the SAND live price, showing fluctuations over various timeframes.
  • Investors can see the highest and lowest price within specific periods, like the last 24 hours or all-time.
  • The chart reflects the current price and helps in making data-driven decisions about when to stake or trade the sandbox.
  • It shows the 24-hour trading volume, which indicates the level of market activity and liquidity.
  • The sandbox price chart also displays trends that can aid in analyzing the price movements of 1 SAND and overall market behaviour.

How does staking SAND crypto contribute to the ecosystem?

Staking SAND allows holders to participate in governance and earn rewards within the Sandbox platform. Here’s why staking is important:

  • Staking SAND gives users a voice in decisions related to the future development of Sandbox gaming.
  • Users stake their tokens to gain rewards, such as additional SAND or governance benefits.
  • Staking also helps maintain the integrity and security of the Sandbox ecosystem.
  • The amount of SAND staked affects the theoretical market capitalization and current market cap.
  • Staking incentivizes users to hold their SAND tokens long-term, supporting the platform’s growth and stability.

What can you do with sandbox?

Store

You can securely store your Sandbox (SAND) in a crypto wallet or on platforms like Newton. With billions of SAND circulating in the market, it’s essential to keep your SAND safe while monitoring its price history and movements on live charts.

Stake

Staking Sandbox (SAND) allows users to earn rewards by locking up their SAND tokens in a secure network. This process supports the growth and security of the Sandbox metaverse, while offering participants a share of the platform’s rewards, such as governance voting power and in-game benefits. By staking, users contribute to the ecosystem's development and potentially earn passive income over time.

Spend

Sandbox (SAND) can be used on various platforms that accept it as payment, particularly within the Sandbox metaverse. As the utility token of the Sandbox, SAND is valued for its use in virtual land purchases and gaming experiences, making it a valuable asset in the global cryptocurrency market.

Send

You can send Sandbox (SAND) quickly and securely to anyone with a Sandbox wallet address. Whether sending SAND to friends or engaging in transactions within the Sandbox platform, its blockchain ensures fast transfers and low gas fees, making it ideal for both casual users and game designers.

Donate

Some charitable organizations now accept Sandbox (SAND) donations, allowing you to contribute to causes that support gaming and the growth of the Sandbox ecosystem. By donating SAND, you can help foster the development of the Sandbox Foundation and support the broader crypto-gaming community.

Swap

Swapping Sandbox (SAND) for other cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) is not supported on Canadian platforms such as Newton. While these platforms offer tools to track Sandbox’s price movements and live updates, they do not facilitate direct exchanges with SAND.

*Newton does not currently support staking, governance, interest-earning, or other utility functions, where applicable, for this asset.

Where do I buy sandbox in Canada?

Direct Purchase

While it's possible to buy Sandbox directly from individuals or unregulated sources, this method can carry significant risks. Without the security of a regulated platform, you might unknowingly deal with fraudulent sellers or unreliable platforms. It's important to be cautious when purchasing Sandbox through these channels.

To buy Sandbox (SAND) safely and easily in Canada, you can use a regulated platform like Newton. You can fund your account via e-Transfer or wire transfer. Newton offers access to 70+ other digital assets including SAND, along with with real-time crypto prices, price chart to track historical price movements and current market trends, providing an easy way to engage in the Sandbox metaverse.

Trade sand with Newton.

Newton UI on web and iOS

Why you'll love trading sandbox on Newton

Some of the Best Prices in Canada

Newton offers competitive prices for Sandbox (SAND), making it a great choice for those looking to invest in the token of the Sandbox. Whether you’re purchasing SAND or watching its price fluctuate, Newton provides competitive spreads and live price charts to track Sandbox’s market performance.

Reliable Security

To enhance your security, Newton provides features such as multi-factor authentication, anti-phishing codes, and device management to safeguard your Sandbox (SAND). These security measures help protect your assets as you participate in the Sandbox metaverse and crypto markets.

Low-Cost Transactions

Newton makes it affordable to buy and sell Sandbox, with a 1.50% - 1.60% fee. For more information about fees, see our Prices page. Newton covers up to $5 of network fees on your first daily withdrawal. For additional withdrawals, or if network fees exceed $5, the estimated network fee is confirmed prior to withdrawal.

Works on Any Device

Newton’s platform is accessible on both desktop and mobile, allowing you to trade and manage your Sandbox account from anywhere. Whether you’re checking the price of Sandbox, making a purchase, or monitoring price movement, Newton keeps you connected.

User-Friendly Design

Newton’s platform is designed to make trading Sandbox (SAND) easy for everyone, from beginners to experienced traders. Whether you’re looking to buy and sell or track the live price of SAND, Newton’s intuitive design ensures a seamless experience.

Proudly Canadian

Newton is a Canadian platform that supports Sandbox (SAND) and other cryptocurrencies. With a focus on Canadian traders, Newton provides a secure and reliable way to engage with Sandbox markets, store your tokens, and track the price history and current value of SAND.

How to get started with sandbox

Create an Account

Start by creating an account on Newton, a trusted platform for purchasing Sandbox and other cryptocurrencies. After verifying your identity, you'll gain access to the Sandbox markets, enabling you to buy, sell, and track SAND's price with the help of live charts and historical price data.

Fund Your Account

To fund your account, use options such as wire transfer or e-Transfer. Newton makes it easy for Canadians to deposit CAD and purchase Sandbox, enabling you to participate in the metaverse and join the growing community of SAND token holders.

Start Buying Sandbox (SAND)

Once your account is funded, you can begin buying the Sandbox (SAND). Whether you're investing in SAND as part of the crypto market or purchasing it to use within games on the Sandbox platform, Newton offers live price updates and a price index to help you make informed decisions.

Select Sandbox (SAND) From the List

On Newton’s platform, you can easily find Sandbox (SAND) among a variety of cryptocurrencies. Select SAND to start your journey with the token of the Sandbox, which has been valued highly within the gaming and metaverse communities.

Choose the Amount You Want to Buy

Decide how much Sandbox (SAND) you want to buy. Enter the amount in CAD or the number of SAND tokens you wish to acquire. Whether you're purchasing a small amount to explore or investing in SAND for the long term, it's important to evaluate the price history and price movement before making any purchase.

Finalize Your Purchase of Sandbox (SAND)

Review the details of your Sandbox purchase and confirm the transaction. Once completed, your SAND tokens will be credited to your Newton account, where you can store, trade, or use them within the Sandbox platform.

Trade sand with Newton.

Newton UI on web and iOS

Where do I keep my sandbox?

Wallet

When using a personal wallet, you have full custody of your Sandbox (SAND), but you are also responsible for safeguarding your private keys. While this gives you greater control and privacy, it also means your funds are only as secure as your ability to protect those keys.

You can protect and store your SAND directly on Newton’s platform! Newton provides an added layer of security for your Sandbox (SAND), offering multi-factor authentication, anti-phishing codes, and tracking of login activity. With these features, Newton makes it easier to protect your assets, whether you’re storing SAND, participating in the Sandbox metaverse, or engaging in the global cryptocurrency market.

How to buy other crypto assets in Canada

Your security is important. Newton is committed to being a leader in compliance, security, and technical protocols.