Is SAND A ETH token?

Genel

$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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What is Sandbox NFT?

Genel

The Sandbox is an Ethereum-based decentralized NFT gaming metaverse that enables non-tech savvy users to create, sell, use, and monetize their own virtual reality NFTs . The crypto metaverse uses its native token SAND to underpin the entirety of the in-game economy.

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How do you get SAND in a sandbox?

Genel

Enthusiasts who play the Sandbox game and complete tasks will be able to earn SAND tokens, the platform’s official cryptocurrency. SAND allows users to garner rewards through staking and by having a hand in governance. Sandbox members can also use SAND tokens to engage in game-based transactions.

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Is sandbox worth investing in?

Genel

For The Sandbox to continue growing in value, the game needs to continually attract users willing to play it. But given that it’s cryptocurrency-based — a new, high-risk investment in its own right — in the often volatile gaming industry, The Sandbox does appear to be a risky investment .

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What is a land in sandbox?

Genel

A LAND is a digital piece of real-estate in The Sandbox’s metaverse . Game designers use LAND to build digital experiences, such as games or dioramas, and also populate it with ASSETs. Each LAND is a unique, non-fungible ERC-721 token on the Ethereum blockchain. A total of 166,464 LANDs will be available.

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