This is a SAND price chart. Price charts help traders see where price has been and, in doing so, offer hints as to where price will go. Additionally, they help to keep track of the value of traders’ present position. As a result, learning to read a price chart is an essential step on the road to becoming a trader.

The Sandbox (SAND) Price Chart

A candlestick chart is one of the most widely used chart types. They are easy to read and understand real-time and past market movements. A vertical line shows the high-to-low range on a candlestick. The broader block or "body" is what indicates the price difference between the opening and closing prices.

By exhibiting "bodies" in various hues, candlesticks make it easier to see the bullish or bearish sentiment. Green denotes a price increase, while red denotes a decrease. 

A market chart shows The Sandbox price over time. When you execute your trading strategy, you can spot and examine price movements and price trends and do price analysis.

What is The Sandbox (SAND)

The Sandbox is a play-to-earn blockchain game that lets users create virtual worlds using non-fungible Ethereum coins (NFTs). If you are interested in exploring Ethereum further and want to buy Ethereum coins yourself, follow the provided link. Users can design their avatars to access the numerous games, locations, and centers in The Sandbox metaverse.

The game can be compared to a DeFi-based blockchain version of Minecraft.

To compete with Minecraft, Pixowl first released The Sandbox as a mobile game platform in 2011. With over 40 million downloads, it was called a global smash. However, the company's co-founders, Arthur Madrid and Sebastien Borget, decided to look into the viability of building a 3D metaverse on the blockchain in 2018.

They want to make it possible for people to fully own their creations as NFTs and potentiallt earn from the process. The new Sandbox project was unveiled in and rapidly rose to the top of the crypto market's fastest-growing games list, along with Axie Infinity and Decentraland.

In November 2021, The Sandbox got $93 million in funding from backers, including the Japanese telecoms giant SoftBank. There were over 50 agreements made for the game, including ones with CryptoKitties, The Walking Dead, Atari, and hip-hop musician Snoop Dogg.

Holders can also stake SAND within the game to obtain benefits, such as a percentage of the earnings from all SAND token transactions. Most significantly, staking SAND increases the likelihood of discovering precious GEMs and CATALYSTs, the game resources required to create ASSETS of greater rarity.

What are ASSETS in the Sandbox? 

ASSETS are NFTs that the user has created. They're VoxEdit-created voxel assets that are subsequently uploaded to The Sandbox Marketplace and transformed into NFTs for sale.

ASSETS can be used in a variety of ways throughout the game. They can be physical assets such as a structure, moving animals, or a vehicle. They can also be used as clothing or weapons on the avatar. ASSETS can be built to deliver unique gaming experiences for individuals using Game Maker to create their games.

The Sandbox history

The Sandbox project began in 2012 on mobile platforms and by 2023 has already accumulated over 40 million global installs on mobile devices. The Sandbox project began work on a new version of the game in January 2018: a 3D multiplayer platform that uses blockchain technology (Ethereum) to provide a virtual environment where players can create, own, and monetize their gaming experiences.

With the benefits of actual ownership, digital scarcity, monetization potential, and game interoperability, The Sandbox seek to introduce blockchain into mainstream gaming, attracting crypto and non-crypto game aficionados.

The Sandbox has been laying the foundation for the Players & Creators 100% Ownership Economy using NFTs and LANDS for the past three years. From key investors, including Hashed, Square Enix, and True Global Ventures, they have raised $3.41 million USD, and their team has already released a number of potent creation tools in beta.

dApp game studios like Dapper Labs (CryptoKitties), investors like Square Enix (Final Fantasy, Tomb Raider), and venerable gaming firms like ATARI are among the more than 60 collaborations The Sandbox has inked to create content for the platform (Rollercoaster Tycoon, Pong).

Who are the founders of The Sandbox?

The Sandbox was founded by Arthur Madrid, the company's CEO, and Sébastien Borget, the COO. The staff is based all over the world and on every continent. Some work from offices or studios. Some work remotely.

They have team members based in France, Argentina, the United Kingdom, the United States, Japan, Korea, China, and India.

How does The Sandbox work?

The Sandbox is a virtual world that is alive and brimming with user-made creations. Players can construct and produce their own NFTs, including avatars, virtual goods, and even games, using VoxEdit and Game Maker. In addition to using virtual goods to interact with other users, they can also use the Sandbox Marketplace to trade them for cash.

VoxEdit 

VoxEdit makes it simple for designers and gamers to build, rig, and animate their voxel-based NFTs. Voxels are lego-like three-dimensional square pixels that have a square shape. With VoxEdit, they are easily altered to take on several forms.

Users can, for example, develop avatar-specific items such as clothing and weaponry, animals, vegetation, game tools, and goods to use in The Sandbox. After that, these virtual products can be exported and traded as NFTs on the Sandbox Marketplace.

Game Maker

Within the Sandbox metaverse, Game Maker allows players to create and test their unique 3D games. It's straightforward software that doesn't necessitate any coding expertise.

Users can design and organize many aspects and objects in the LAND environment, including the NFTs developed with VoxEdit. They can, for example, edit landscape, insert characters and buildings, and curate quests from a library of community-developed resources. They can also show off their work to the rest of the Sandbox community.

The Sandbox Marketplace 

The Sandbox Marketplace, which went live in April 2021, is an NFT marketplace where users may exchange in-game assets (ASSETS) for SAND, the game's native cryptocurrency. Using Game Maker, the purchased ASSETS can be combined with LAND to produce original games. These NFTs can be employed outside The Sandbox as entities, structures, wearables, and more.

As previously indicated, The Sandbox's ecosystem allows users to communicate with the platform via various tokens, including SAND, LAND, and ASSETS.

What is a LAND token?

The LAND on the Sandbox platform is a virtual parcel of land. It is a unique ERC-721 token on the Ethereum network. Players can buy LANDs and design their own games using ASSETS and the Game Maker tool. Additionally, they can combine different LANDs to create an ESTATE, with a maximum practicable size of 24x24.

Using LAND, players can monetize their gaming experience. For instance, they can charge people who visit their LAND or participate in their games, earn SAND rewards by hosting content and events, and sell or rent their LAND.

There are 166,464 LANDs altogether in the Sandbox. They can be bought with ether and sand in open LAND sales (ETH). A list of dates and confirmed public sales might be found in the Sandbox gitbook. On The Sandbox Marketplace and NFT sites like OpenSea, you can also purchase LAND from other users, but the costs will almost certainly be higher than those of the official public auctions.

Current SAND price index and over time changes

The SAND token, one of the two most popular metaverse game tokens to date and one that rose to prominence in 2021, powers the Sandbox.

After the token was first launched in 2020, the price of SAND stayed at about $0.04 to $0.06 before skyrocketing in 2021. In November 2021, SAND reached an all-time high of $8.40. SAND's price plummeted to $6.55, but it soared 25% to $7.49 in late November 2021 on rumors that sportswear company Adidas was teasing a relationship with The Sandbox game platform.

How to Buy Sandbox in a few quick steps:

When it comes to buying cryptocurrency, you have many options. First and foremost, you will need a reliable crypto trading platform similar to CEX.IO.

CEX.IO is:

• Regulated and licensed, which means it’s a secure place to buy and store crypto.
• Supports over 100 different digital assets of cryptocurrencies;
• Provides an opportunity to earn potential rewards with crypto;
• Offers API solutions, and instant deposit and withdrawal options.

To start: 

• Create an account

You need a valid email address and a suitable password to create an account.

• Verify your account

Make sure you have a valid ID and proof of address because these are required for transactions. Verifying your ID could take more than a few minutes, depending on where you live.

• Go to the Instant Buy page

Select “Instant Buy” from the dropdown options in the upper left.

• View the list of assets and Select Sandbox 

Click on BTC ticker to open the assets menu. Select SAND from the dropdown list, and select the currency you wish to buy it for.

• Enter the amount you want to buy

Use the number pad to input the amount you want to spend in USD. The app will automatically convert that into a SAND amount you can receive. You can also select the pre-made values instead of your custom value. 

• Finalize your purchase

Tap “Buy” when ready. You’ll be shown the details of your purchase. Make sure to double-check the details and then confirm your purchase. That’s it, you’ve bought SAND.

Where to Buy Sandbox and other cryptos

If you want to know how to buy crypto online, CEX.IO can offer that. On CEX.IO you can buy Binance Coin (BNB), buy Dogecoin with a credit card, as well as trade Bitcoin to USD, and sell Bitcoin. If you are interested in live crypto prices, they can also be viewed 24/7.

The Sandbox price history

The Sandbox price prediction hasn't been smooth, it has experienced quite a trip since its inception in August 2020, moving from lows of less than a penny to highs of more than $0.90. 

The demand for staking and creating, the number of players in The Sandbox, changes in the rest of the cryptocurrency market, and general economic conditions have all impacted the price of SAND. The market's equilibrium between supply and demand determines its current valuation, which is dynamic.

FAQ

Can I buy crypto with a credit or debit card?

CEX.IO is one of the few exchanges that allow customers to purchase cryptocurrency using credit cards. A simple and convenient way to make a transaction.

• Access the CEX.IO mobile app or website's Buy/Sell page;
• Pick the fiat currency to use and the cryptocurrency you wish to purchase from the dropdown list;
• Select the pre-calculated pack or type in your own quantity;
• Choose a payment method: debit/credit card or balance on CEX.IO;
• Verify your entry of the information once more and complete the transaction.

If you are using CEX.IO mobile app, there is also an Instant Sell option that allows you to sell cryptocurrency in the same way and withdraw the fiat funds to your payment card instantly.

What are the CEX.IO payment options?

You can make deposits and withdrawals at CEX.IO using debit and credit cards from Visa and Mastercard. You can also use wire transfer, Google Pay, and Apple Pay. Make sure to pass the Address verification to take advantage of all these options.

Can I trade SAND to USD on CEX.IO?

CEX.IO has officially listed the SAND token in its list of assets. You can place market and limit buy orders on the Spot Trading platform to buy SAND for USD. To do so:

• Go to the Spot Trading page in the upper left.
• Find the SAND token with help of the search bar above the list of available markets.
• Under the price chart, you can see Limit, Market, Stop Limit tabs where you can place your trade orders. 

How to withdraw SAND at CEX.IO?

• Open the Wallet and go to the Withdrawal page. Click on USD and find the SAND token with help of the search bar. 
• Enter the amount you want to send. 
• Add your destination wallet address. 
• Accept the Terms of Use, Payment Conditions, and Refund Policy.
• Finally, confirm the operation with your confirmation code.