Who owns sandbox metaverse?

Created by metaverse-focused gaming and investment firm Animoca Brands , “The Sandbox” is a blockchain-based mobile game that allows users to create their own nonlinear gameplay. Animoca Brands has investments in more than 150 NFT, metaverse, and blockchain companies.

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Who owns sandbox crypto?

The Sandbox was founded in 2011 by Arthur Madrid and Sébastien Borget. The company is a subsidiary of a Hong Kong-based game software company called Animoca Brands . Therefore, technically speaking the Sandbox is owned by Animoca Brands. However, as The Sandbox Metaverse is decentralized, no one really “owns” it.

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How is sandbox crypto?

The Sandbox is a play to earn gaming platform. It allows users to create their own games and digital assets that can be monetised as NFTs. SAND is the native cryptocurrency of the platform . It is used to give out rewards to gamers and for all other transactions and interactions on the platform.bir gün önce

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Is SAND A ETH token?

$SAND is an ERC-20 token built on the Ethereum blockchain . It is the main utility token and the currency of The Sandbox’s ecosystem. It is also a governance token. As such, $SAND will be required for the buying and selling of non-fungible tokens (NFTs), such as LAND and ASSETs, from The Sandbox’s marketplace.

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