The Sandbox Price, News and Analysis (SAND)

The Sandbox (SAND) Frequently Asked Questions

What is The Sandbox?

The Sandbox is a community-driven platform where creators can monetize voxel ASSETS and gaming experiences on the blockchain. SAND holders will be also able to participate in the governance of the platform via a Decentralized Autonomous Organization (DAO), where they can exercise voting rights on key decisions of The Sandbox ecosystem. As a player, the user can create digital assets (Non-Fungible Tokens, aka NFTs), upload them to the marketplace, and drag-and-drop them to create game experiences with The Sandbox Game Maker. (Description provided by CryptoCompare)

How do I buy The Sandbox?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including The Sandbox.

Where can I get The Sandbox wallet?

The Sandbox produces its own wallet software that is available for download on its website, which allows you to store The Sandbox on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of The Sandbox?

One The Sandbox (SAND) is currently worth $5.90 on major cryptocurrency exchanges. You can also exchange one The Sandbox for 0.00011949 bitcoin(s) on major exchanges. The value (or market capitalization) of all available The Sandbox in U.S. dollars is $5.39 billion.

What hashing algorithm does The Sandbox use?

The Sandbox is a proof of work (PoW) coin that uses the X11 algorithm.

How do I mine The Sandbox?

The Sandbox can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a The Sandbox and access to a mining pool that pools your effort with other miners and a wallet to store the The Sandbox that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

What coins are similar to The Sandbox?

The following coins use The Sandbox's X11 algorithm and proof of work (PoW) proof-type: BinaryX, PAC Global, Crust, Venus LTC, Advanced Technology Coin, Polis, Cyclone Protocol, Davinci Coin, ownix, Pizza, Krios, Aston, Startcoin, Adzcoin and Linfinity.