$SAND SAND is the native token of The Sandbox platform, which builds a metaverse on the Ethereum blockchain, allowing players to create, own, and profit from gaming experiences using SAND tokens. The SAND token is an ERC-20 utility token used for value transfer, staking, and governance. Here are some main uses and features of the SAND token:

• Payment: SAND is the only payment tool in Sandbox, allowing players to use SAND to purchase LAND, buy NFTs in the Marketplace, and pay for tickets to play mini-games created by other players or visit other players' LAND.

• Staking: Players can earn more SAND rewards by staking SAND. Players who stake SAND can receive a portion of transaction fee revenues as staking rewards.

• Governance, Voting: SAND also serves as a governance token, allowing holders to vote on community proposals, which may include topics like the theme of the next event, the amount of funding provided to creators by the foundation, etc.

• Creating and Trading Assets: Players can create digital assets (non-fungible tokens, also known as NFTs) through The Sandbox Game Maker, upload them to the store, and create gaming experiences.

• LAND and ASSET: In The Sandbox, participants can purchase non-fungible tokens (NFTs) called LAND, representing uniformly sized plots of digital land. Users can also combine multiple plots to form a property. Assets are components like characters and items in The Sandbox metaverse, which users can build using the project's VoxEdit solution.

• Value and Circulation: The total circulating supply of SAND will be 3 billion, and SAND is not a stablecoin; its value will fluctuate based on supply and demand and other market factors.

• Partners: The Sandbox has established partnerships with over 50 partners, including ATARI, CryptoKitties, Shaun the Sheep, etc., to collaboratively build a creative gaming platform where players can create and own their experiences while earning.

SAND is gaining attention for its application and potential in the metaverse, providing a platform for users to own, trade, and monetize their virtual assets and experiences supported by blockchain technology.