šTOKENOMIC BREAKDOWN: $SANDš
Exploring The Sandboxās $SAND token - integral to its virtual world for creating, owning, and monetizing gaming experiences.
š$SAND Use Casesā¦
ā¢ Digital Assets & Interactions: Essential for transactions within The Sandbox ecosystem.
ā¢ Governance: Token holders can participate in decision-making processes via the DAO.
š°Allocation Detailsā¦
ā¢ Private Sale: 14.4% initially reserved for early investors.
ā¢ Founders & Team: 19%, reflecting a significant stake in long-term project success.
ā¢ Advisors: 16%, supporting expert guidance and strategic growth.
ā¢ Company Reserve: 20.82%, ensuring operational liquidity and future flexibility.
ā¢ Foundation: 11%, dedicated to supporting the ecosystemās sustainability and expansion.
š¢Allocations & Unlocks:
ā¢ Total Supply: Capped at 3 billion SAND, with a current circulating supply of 2.26 billion.
ā¢ Release Schedule: Gradual token unlocks align with ecosystem growth to mitigate inflation shocks.
š„$SAND Mechanismā¦
ā¢ Deflationary Strategy: Some transaction fees within The Sandbox are burned, aiming to reduce total supply and potentially enhance token value.
šStatisticsā¦
ā¢ Holders: Diverse distribution with 93.35% holding less than $1K worth of SAND.
ā¢ Market Performance: Currently trading at $0.4145, down from an all-time high of $8.44.
ā¢ Whale Influence: Significant, with 74.38% of SAND e investors, impacting market dynamics.
As The Sandbox continues to evolve, the strategic use of SAND and stabilize the platformās expansive digital economy.
[Not Financial Advice]