Along with the desirability of gaming blockchains, new projects have emerged in the fame, such as The Sandbox. It offers its players a remarkable virtual experience. It sets accessible their imagination and expertise by enabling them to participate in the virtual world and gaming commodities established on NFTs.
The Sandbox is a play-to-earn game that uses blockchain, DeFi, and NFTs in a 3-D metaverse that qualifies its players to form and assemble their games and digital assets. Games can be customized by utilizing free design tools such as VoxEdit and Game Maker.
Players in the ecosystem can assemble and formulate their avatars to approach numerous games and hubs on The Sandbox metaverse. The digital interests developed can also be monetized by NFTs and sold on the Sandbox Marketplace for its tokens.
Sandbox is a platform driven by its community and generated by its users, enabling them to create and contribute to the metaverse. It also allows game creators to monetize their experiences and digital assets within the blockchain. Still, the Sandbox does not host a predetermined gaming area; unlike many other well-known play-to-earn games, it uses a creative approach to customize everything with available and reasonable design tools.
The Sandbox (SAND) Fundamental Analysis
The Sandbox is a virtual gaming system based on Ethereum. It certifies the creators and players to design digital assets and play games along monetizing them without any central authority. The protocol primarily comprises three different applications, i.e., VoxEdit, Game Maker, and Marketplace. These applications offer an entire ecosystem to inaugurate a virtual gaming world.
Users can borrow VoxEdit to create assets and expand them to play virtual games. Assets can also be uploaded and sold in the marketplace of Sandbox.
The native token of The Sandbox is called ‘SAND’ that can be used across the Sandbox ecosystem. It is the basis of all types of exchanges and markets in the game. SAND can be earned by playing games, participating in platform contests, or purchasing them on crypto exchanges.
Anyone with a SAND token can deliver and vote on crucial changes to The Sandbox platform through a Decentralized Autonomous Organization structure. They can also stake the token within the game to earn rewards that include shares from all SAND transactions in the revenue.
Details of the shares (On December 1, 2021)
- Price in USD: $6.48
- Market cap: $5.9B
- Circulating supply: 913.2M SAND (30% of the total supply).
- All-time high: $8.51.
The Sandbox (SAND) Price Analysis
The SAND token started in 2021 with a price of less than $0.04 per token but hit an all-time high of $8.51 newly November of this year. This increase is more than 24,000% and gives timely investors and traders considerable profits on their investments. Only in the last month has it reported advancement of more than 1,000%.
The native token SAND has a total and maximum supply of 3 billion, out of which around 913 million is already circulating. It is ranked among the top 35 cryptocurrencies globally. It has a price tag of approximately $7.5 per token and more than $6 billion in market capitalization. Its performance is on the rise this week.
The Sandbox (SAND) Market Price Predictions
According to Walletinvestor.com, future values through their technical analysis for a broad selection of digital coins, Sandbox is a good return for someone looking for virtual currencies as SAND can be a compelling investment option. As the price is equal to 6.48 USD at the time of writing, if someone buys the Sandbox for 100 dollars now, he will earn a full of 15.4 SAND. Based on their forecasts, there will be a long-term increase in its price. The price prediction for November 2026 is 23.207 US Dollars. The revenue is expected to be around +257.09%, with a five investment. A current $100 investment may be equal to $357.09 in 2026.
Crypto Academy SAND Price Prediction
The gaming industry is a vast and untapped market for blockchain adoption, and The Sandbox empowers players with a world where they can build, compile and build blockchain-powered assets and prepare a niche for themselves in the international gaming market by intending to revolutionize it. Therefore, we at Crypto Academy predict that SAND has still plenty of room to grow in the future.
The Sandbox (SAND) Price Prediction 2022
If you intend to keep the coin for the succeeding few years, it looks like that you may detect some lofty prices in the upcoming years, and it will deliver outstanding returns to investors worldwide. According to our analysis of previous records, the price could reach around $20 by the end of the year 2022.
The Sandbox (SAND) Price Prediction 2023
After studying price predictions, the investors speculate that the price will boost and furnish some high payment to the traders. This year seems the appropriate time to invest in this coin as it is at the expected lowest price and would reach higher prices than competitors. As per our sources, the cost would be around $34 by the end of 2023.
The Sandbox (SAND)Price Prediction 2024
Cryptocurrency might be giving a high return in 2024 if the traders gather the courage to hold it longer, as we expect the price to reach around $50. The SAND community hopes that the currency may get more in the upcoming years.
The Sandbox (SAND) Price Prediction 2025
Some investors are revealing that the price could reach $70 at the end of 2025, and if you can hold the coin, it would be incredible for all the investors. The price can exponentially increase with more partnerships and innovations in the existing blockchain.
The Sandbox (SAND) Prediction 2026
At this time, the Sandbox price would rise from $70 to $80 and reach as high as $100 by the end of 2026.
The Sandbox (SAND) Price Prediction 2027 to 2030
The Sandbox might start in 2028 at $115 and finish at $130. It is a tremendous amount from today.
In 2030, the price is expected to reach $140 on average and a maximum of $150. Under unfavorable circumstances, its minimum price at the end of 2030 would be $95.
The coin’s worth may increase in the coming years as experts and analysts are foreseeing that the organization will work together with several other companies and invest in several companies to earn higher returns from this coin. According to our sources, the merchants can capitalize on the currency after considering the risk that will possibly come with the cash.
How to buy The Sandbox (SAND)?
Follow the steps below to buy SAND easily:
Step 1: Create an exchange account
Sign up for an account on an exchange that supports SAND, such as Kraken. Enter your email address, username, and a solid password to safeguard your account.
Step 2: Verify your account
Verify your account after entering your name, date of birth, country of residence, and phone number. To use fiat money (e.g., USD, EUR, or GBP), you would need to give additional information to the platform to verify your identity. Otherwise, you can also deposit other cryptocurrencies like BTC or ETH to buy SAND.
Step 3: Fund your account
Add funding or a payment method to your account. According to your location and preferences, you can select one among many of the funding and payment methods supported by the platform.
Step 4: Buy SAND
After performing previous actions carefully, you are ready to purchase SAND. At the moment, you will also earn entry to many of the mighty products of crypto exchanging platforms loved by millions of multinational traders.
Frequently Asked Questions (FAQ)
Will The Sandbox (SAND) ever hit $100?
According to some analysts, the NFT token’s public and market movement have experienced a sufficiently higher jump in the last few weeks. Many analysts initially documented that the Sandbox might arise as the most disruptive token is set to blow up on the Metaverse.
Altogether, the NFT tokens breadth high will stay unmoved by the trend of the other established cryptos or the DeFi tokens. When these NFT’s were assumed to be finished, tickets like Decentraland, Enjin, or The Sandbox held up the space high.
So, if the network manages to achieve the calculated updates according to their whitepaper, then the price may hit $100 by the end of 2030 or a couple of years after that.
How to Get the SAND Token?
You can receive your SAND token through Uniswap. Just visit the official Uniswap platform and connect it to your MetaMask wallet.
Ensure to counter-check the token contract address that you can get from Coingecko. You can swap it with your already present cryptocurrency. Then you have to enter the number of tickets you want to buy and confirm the Swap activity.
After that, a MetaMask transaction will be triggered. After successful marketing, you will see SAND tokens in your wallet.
How can users make games on it?
A user can create 3D games by downloading Game Maker without cost or technical knowledge. The application allows the users to create a game by utilizing thousands of voxel models (NFTs) formed through the community with VoxEdit.
What are LANDs in the Sandbox?
LANDs are the physical spaces players own in a game in The Sandbox Metaverse. They can be employed to play games, or they can also rent them to other players. The SandBox Metaverse comprises a total of 166,464 LANDS.
Where can you check asset details?
You would be able to check the details of your current assets from the Inventory tab that enlists the details of assets, land, estates, etc., that a user is holding at that time.
What is a Sandbox map?
The Sandbox map has two types of virtual real estate: LAND and ESTATE. They can be bought only by SAND tokens.
The Sandbox will host a LAND sale in phases as it is planning to bring the next land sale very soon as there is no land sale right now. You can check your LAND details from the inventory just like other platforms.
What are the uses of Catalyst and Gems?
Cato to you and Gems are the ERC-20 tokens used to add an extra factor ASSETS and make it more valuable. Catalysts add up to an asset’s tier and scarcity exhibited on the Marketplace, and Gems add characteristics to the ASSETS.
Also read:
The Sandbox Price Prediction December 2021: Will SAND Reach $10 in December?
Sandbox Price Prediction 2022 and Beyond – Will SAND Reach $100?
Cryptocurrency and Metaverse – What is the Connection Between Cryptocurrencies and Metaverse?
These are the Top 5 Metaverse Coins to Buy Right Now
Takeaways
- The Sandbox is a play-to-earn game that uses blockchain, DeFi, and NFTs 3-D metaverse.
- The Sandbox qualifies its players to form and assemble their games and digital assets.
- The Sandbox is a virtual gaming system based on Ethereum.
- The price could reach around $11 by the end of 2022.
- In 2030, the price is expected to reach $70 on average and a maximum of $73.
- Under unfavorable circumstances, its minimum price at the end of 2030 would be $65.
- We can conclude that the coin’s worth will increase in the coming years.