You are in the right place if you’re looking for information on how to purchase SAND. Keep reading to learn how and where you can buy SAND. It will help you decide if it’s worth the effort. It is available for you to peruse and find out more.
SAND Introduction
ERC-20 token, The Sandbox (SAND), is a ERC-20 token developed on Ethereum. It is The Sandbox ecosystem’s primary utility token and native cryptocurrency.
The Sandbox Game Maker can be used to build ASSETs and digital assets, in the form of non-fungible tokens (or NFTs). They are then submitted to specialist marketplaces and dragged and dropped to create their gameplay.
SAND, a game for compensation, combines blockchain technology, DeFi and NFTs to create a 3D metaverse. The virtual world offers gamers the opportunity to create and modify digital games using free tools. The NFTs can be used to create virtual goods that are then sold through The Sandbox Marketplace.
SAND must be used to buy or sell non-fungible tokens from the Sandbox market, such ASSET and LAND. SAND is required to participate in metaverse management.
SAND is worth USD 3,000,000,000. SAND is not intended to be stablecoin. SAND prices vary depending on market conditions, including supply and demande. The success of the game and the overall ecosystem’s condition will determine the price of SAND. As the game grows in popularity, Sand will be more expensive to buy.
A company reserve held around 25% of the total token supply. 17.18% went to the token’s seed sale. The token supply was 31% to founders and members of their team. About 12% was reserved for Binance Launchpad Sale. Advisors received the remainder.
SAND Acquisition Methods
Is it possible to obtain SAND? Here are some other options:
- Binance and other crypto-exchanges offer SAND purchase
- 2. Uniswap allows you to convert ETH into SAND
- 3. Use Simplex to purchase SAND using a credit card
- 4. Get SAND from the Sandbox Ambassador Program
- 5. Community Airdrops: How to Get SAND
- 6. Congratulation on winning SAND Awards
- 7. The Sandbox Referral program allows you to obtain SAND
SAND buying on Binance or other exchanges
In terms of volume, Binance is the largest and most well-known cryptocurrency exchange. The exchange allows crypto-tocrypto trading in over 500 virtual tokens and cryptocurrencies. Sandbox announced its first token sale via Binance Launchpad on August 5th 2020. The exchange has had it available since August 14th that year.
SAND tokens may be traded on Binance for the following pair:
SAND/BTC/USDT/SAND/BNB/SAND/BUSD
Here are the steps you need to follow in order to start acquiring $SAND tokens via Binance Platform
1. Sign up for an account with Binance, the cryptocurrency exchange
- Click the Buy Crypto link at the top right of Binance’s Home Page.
- Select your currency of preference
- To begin your crypto purchase, select the amount of fiat currency that you wish to trade.
- Next, choose the cryptocurrency coin that you want to purchase and confirm the details.
- There are many options for payment that can be used to support different fiat currencies. It is important to make informed decisions.
To buy cryptocurrency via your bankcard or your Binance account, first verify your identity.
You will first need to deposit your fiat currency when you check out the balance of your Binance Cash Wallet. After you click on the button, the last confirmation box will display.
- After purchasing BTC, USDT, or BNB, go to “Trade” and pick “Classic.”
SAND can be purchased on increasing numbers of exchanges including:
Most exchanges feature account creation methods that are similar to Binance’s. Contact each site for information regarding how to create an account.
UniSwap has Exchange
You can easily trade ETH and DAI for SAND tokens using the above exchanges, along with Uniswap Gate.io and LATOKEN. Purchase instructions are available on the project’s official website. SAND can be used to swap with other cryptocurrencies. Some wallets like MetaMask may also offer a swap option.
Use a credit card to buy at Simplex
Simplex made it possible to purchase $SAND the main utility token for The Sandbox with credit or debit cards from anywhere in the world thanks to their partnership.
Program for Sandbox Ambassadors
Sandbox Ambassadors will get to know other members of SAND. You will be expected to educate the community and manage the program’s channels, as well as to share your knowledge and feedback on various products and assist with a number of other responsibilities. They will get SAND.
Community Airdrops: How to Get SAND
The Sandbox DAO/The Foundation could decide to give its community periodic airdrops of $SAND to help promote innovation and foster the Sandbox ecosystem. With the VoxEdit ASSET creator tool, or by creating immersive interactive experiences with the Game Maker drag-and-drop game builder, $SAND can be used to make truly engaging and immersive experiences.
Congratulation on winning SAND Awards
The Sandbox hosts contests, challenges and sweepstakes regularly on its social media channels. This is to help promote its products. Participants can participate in these contests and get rewarded with SAND. Although there is a limit to the amount of $SAND that can be obtained, it’s possible to get more by attending community events or activities.
The Sandbox Referral program allows you to obtain SAND
After login into your account, you will see a special tracking link in your “Me” page, which will allow you to earn referral money for everyone who registers an account and makes a purchase in The Sandbox. A 10% referral commission will be paid to you for every purchase made in The Sandbox during the 30-day period. If you refer The Sandbox to someone, make sure they use your link.
All commission fees paid through smart contracts will automatically be paid. There will no need for human participation.
SAND: What and how to use it
When it comes to the Sandbox ecosystem, SAND serves as the medium of exchange, and it is essential to make purchases in the Sandbox marketplace.
You can purchase the following items with tokens
- LAND
- ASSETS
- Jewels and boosters
- Avatar settings
What exactly is LAND?
LAND, a piece or virtual land on The Sandbox platform is a form of real estate. It’s a one-of-a-kind ERC-721 token on the Ethereum network. Sandbox is home to more than 160K LANDs.
Players have the option to make money from their games by using LAND. Players may charge players to visit their LAND, play their games or receive SAND rewards for hosting events and content. They could also sell their personal LAND.
Players can buy LANDS, and then use the Game Maker tool for their games. Players can create an ESTATE by combining multiple LANDS.
What are ASSETs?
ASSETS refer to NFTs that the user has created. They’re voxel assets that have been created using VoxEdit. Then they are submitted to The Sandbox Marketplace.
The game allows you to use your ASSETS in multiple ways. These assets can include physical assets like a building, moving animals, an automobile or other environmental assets. They may also be used to customize the avatar’s appearance by attaching clothing or weapons to him. Individuals who use Game Maker to develop their own games may have access to ASSETS.
SAND token holders can participate in administration of Sandbox. Voxel artists need SAND tokens to be able post their works on The Sandbox, and make money.
SAND can also be used in the process for staking. Participants receive game boosters, high-level gems, and other perks in return for taking part.
Some games will be free to play (F2P). Each game may have a limited number of SAND tokens, at the discretion of its creator. Participation in games gives players the opportunity to earn SAND.
SAND allows you to hire game developers and artists for projects or assign ASSETS development tasks to them, depending on what your requirements are.
SAND may be offered by some game designers as a reward for participating in contests on their land.
Crypto wallets that support SAND
Ledger Wallet
- Many coins can be supported. More than 1500 digital assets supported
- Security features at the cutting edge
- The design is minimal.
- This wallet software is simple to use with a great user interface.
- It is one of the most affordable on the market
BRD Wallet
- Its open-source nature and biometric integration show the mobile app development team’s commitment to security.
- It allows you to make purchases with cash, debit and credit.
- To protect the app’s integrity, it uses encryption, biometrics, pin codes, and open-source programming.
- It has low latency, and can process bitcoin transactions fast.
MyEtherWallet
- Give the user the ability to control the private keys.
- The software can be used with hardware wallets Trezor and Ledger Nano S.
- Compatibility with the Changelly cryptocurrency Exchange
- This allows token swapping.
- You can store all bespoke ERC20 tokens you create.
- This book includes many instructional materials.
- Web-based system access; offline transactions also supported.
Trust your wallet
- It is easy and free to download
- There are many cryptocurrencies available in stores.
- It allows for you to take multiple digital assets. You can also earn rewards.
- Individuals maintain control over their private keys, and the wallet’s servers do not keep any of the private keys.
- It is possible to use both Android and iOS smartphones.
How secure is The Sandbox Network?
To protect Sandbox’s virtual world built on the Ethereum blockchain, proof-ofstake (PoS), the consensus process of consensus is used. SAND token holders will have the ability to stake their tokens and earn rewards from staking, as long as it is an ERC-20 standard edition of the ERC-20 token.
It doesn’t need large quantities of electricity or processing power to confirm transactions. Proof-ofstake (PoS), consensus mechanisms like those found in the Bitcoin blockchain are becoming more and more popular. To function, it relies on those stakeholders with the largest holdings of SAND tokens. The Proof-of-Stake consensus process permits for wide variety of applications but it maintains the security staked assets.
SAND: Why you should buy it
Sandbox is an interactive virtual environment where you can create and share your own work. VoxEdit or Game Maker allow players to create and share their Non-fungible tokens NFTs. This includes avatars, virtual objects, and games. Players can not only use the Sandbox Marketplace to communicate with others, but also sell these NFTs to make real money.
There are many new developments. Blockchain technologies, such as smart contracts and trading platform advances, as well as other services like Dapps and APIs will all be available. This concept will be used by millions of people in the coming five years.
Conclusion
SAND can be obtained in many ways. Your research should inform the approach that you choose. Consider how many information you already have on various cryptocurrencies, as well as the potential use of these cryptocurrencies in your purchasing process and integration with exchanges. It will vary depending on whether your wallets are already set up or if you’re new to cryptocurrency. You have many options. You should do your research to ensure you get the best SAND.