đTOKENOMIC BREAKDOWN: $SANDđ
Exploring The Sandboxâs $SAND token - integral to its virtual world for creating, owning, and monetizing gaming experiences.
đ$SAND Use CasesâŠ
âą Digital Assets & Interactions: Essential for transactions within The Sandbox ecosystem.
âą Governance: Token holders can participate in decision-making processes via the DAO.
đ°Allocation DetailsâŠ
âą Private Sale: 14.4% initially reserved for early investors.
âą Founders & Team: 19%, reflecting a significant stake in long-term project success.
âą Advisors: 16%, supporting expert guidance and strategic growth.
âą Company Reserve: 20.82%, ensuring operational liquidity and future flexibility.
âą Foundation: 11%, dedicated to supporting the ecosystemâs sustainability and expansion.
đąAllocations & Unlocks:
âą Total Supply: Capped at 3 billion SAND, with a current circulating supply of 2.26 billion.
âą Release Schedule: Gradual token unlocks align with ecosystem growth to mitigate inflation shocks.
đ„$SAND MechanismâŠ
âą Deflationary Strategy: Some transaction fees within The Sandbox are burned, aiming to reduce total supply and potentially enhance token value.
đStatisticsâŠ
âą Holders: Diverse distribution with 93.35% holding less than $1K worth of SAND.
âą Market Performance: Currently trading at $0.4145, down from an all-time high of $8.44.
âą 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 platformâs expansive digital economy.
[Not Financial Advice]