What is SAND BTC?

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.

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Who owns sandbox coin?

The Sandbox, majority-owned by blockchain gaming developer Animoca Brands , allows players to build, own, and monetize their virtual gaming experiences on the Ethereum blockchain. It provides creators with ownership as NFTs and offers tools to create assets on the platform.

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