What Is The Sandbox (SAND)?
Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.
According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.
Who Are the Founders of The Sandbox?
Arthur Madrid is co-founder and CEO at Pixowl, and he is one of the driving forces behind The Sandbox. He graduated with a degree in economics from Université Paris Dauphine in 2000. Madrid’s professional career began as a consultant for Eurogroup Consulting France, but he soon found his entrepreneurial spirit. In 2001, he founded 1-Click Media, which was later purchased by Ipercast.
Sebastien Borget is also a co-founder at Pixowl and serves as the COO of the company. He graduated with a degree in computer systems networking and telecommunications from Institut national des Télécommunications in 2007. His professional career began as a project lead for 1-Click Media, and since then, Arthur Madrid and Sebastien Borget have been an entrepreneurial duo. They founded Pixowl in 2011 and have been continually working on projects together.
The Sandbox Price Prediction
If you’re looking for The Sandbox price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of The Sandbox (SAND) will go in the future? We will analyze the past prices of The Sandbox (SAND) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
|Year||Minimum Price||Average Price||Maximum Price|
The Sandbox Overview
|Coin Name||The Sandbox|
|USD Price||$ 4.75|
|24h Volume||$ 710,023,788|
The Sandbox (SAND) Price Prediction
At reconshell.com we predict future The Sandbox price predictions/SAND forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of The Sandbox. We do our best to collect maximum historical data for the SAND coin which include multiple parameters like past price, The Sandbox marketcap, The Sandbox volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
The Sandbox Price Prediction 2022
According to our deep technical analysis on past price data of SAND, In 2022 the price of The Sandbox is predicted to reach at a minimum level of $7.11. The SAND price can reach a maximum level of $8.10 with the average trading price of $7.35.
The Sandbox Price Prediction 2023
The price of The Sandbox is predicted to reach at a minimum level of $10.73 in 2023. The The Sandbox price can reach a maximum level of $12.50 with the average price of $11.10 throughout 2023.
SAND Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of The Sandbox is predicted to reach at a minimum level of $15.83. The SAND price can reach a maximum level of $18.58 with the average trading price of $16.28.
The price of 1 The Sandbox is expected to reach at a minimum level of $23.46 in 2025. The SAND price can reach a maximum level of $27.75 with the average price of $24.11 throughout 2025.
The Sandbox Price Prediction 2026
The Sandbox price is forecast to reach a lowest possible level of $34.17 in 2026. As per our findings, the SAND price could reach a maximum possible level of $40.80 with the average forecast price of $35.38.
The Sandbox Price Prediction 2027
According to our deep technical analysis on past price data of SAND, In 2027 the price of The Sandbox is forecasted to be at around a minimum value of $49.00. The The Sandbox price value can reach a maximum of $60.58 with the average trading value of $50.42 in USD.
The Sandbox (SAND) Price Prediction 2028
The price of The Sandbox is predicted to reach at a minimum value of $66.58 in 2028. The The Sandbox price could reach a maximum value of $84.62 with the average trading price of $69.10 throughout 2028.
The Sandbox Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of The Sandbox is expected to reach at a minimum price value of $98.92. The SAND price can reach a maximum price value of $117.98 with the average value of $102.38.
The Sandbox (SAND) Price Prediction 2030
The price of The Sandbox is predicted to reach at a minimum value of $146.11 in 2030. The The Sandbox price could reach a maximum value of $173.41 with the average trading price of $150.20 throughout 2030.
The Sandbox Price Prediction 2031
The Sandbox price is forecast to reach a lowest possible level of $218.66 in 2031. As per our findings, the SAND price could reach a maximum possible level of $247.91 with the average forecast price of $224.67.
What Makes The Sandbox Unique?
The Sandbox is a unique platform because it introduces blockchain technology to the world of gaming. The gaming industry is a huge untapped market when it comes to the adoption of blockchain tech, and Pixowl saw that in 2011. By creating a universe where gamers can create and collect blockchain-based assets, the Sandbox aims to revolutionizes the market. It makes a niche for itself in the global market of gaming.
By focusing on user-generated content, the Sandbox creates a metaverse of involved players who contribute to the platform’s further development. Not only that, by introducing the SAND token, the Sandbox promotes decentralized governance and allows users to share their views and ideas about the development of the project. Thanks to the evolving technology, decentralized governance is becoming a must-have in blockchain-based projects.
The company started out with a bang and attracted support and investments from numerous big names in the gaming industry. These include brands like Atari, Helix and CryptoKitties.
How Many The Sandbox (SAND) Coins Are There in Circulation?
There is a maximum and total supply of 3,000,000,000 SAND tokens. Currently, about 680,266,194 SAND tokens are in active circulation, which represents 23% of the total supply available as of March 2021.
Of the total token supply, about 25.82% was set aside in a company reserve. Another 17.18% were allocated for the seed sale of the token. The founders and team members secured about 31% of the total token supply distributed among them. Around 12% of the total supply were set aside for a dedicated Binance Launchpad Sale, and another 10% were dedicated as rewards to advisors on the project.
How Is The Sandbox Network Secured?
As the Sandbox virtual world is built on top of the Ethereum blockchain, it is secured by the proof-of-stake (PoS) consensus mechanism. The SAND token is a standard version ERC-20 token, which means owners can stake it and benefit from staking rewards.
Unlike the proof-of-work (PoW) consensus mechanism employed by the Bitcoin blockchain, PoS does not require vast amounts of electrical or computing power to validate transactions. It relies on stakeholders with the largest holdings in SAND tokens. The PoS consensus mechanism allows for a lot of diverse applications while still ensuring the security of staked funds.
Where Can You Buy The Sandbox (SAND)?
The Sandbox is enjoying a rise in interest from both investors and users, and more exchanges have started offering trades with the SAND token. Binance has the largest trading volume of SAND/BUSD, with $7,015,941 processed in transactions so far as of March 2021.
Other options for buying SAND include Uniswap (V2), Gate.io, and LATOKEN.