About The Sandbox
The Sandbox is a blockchain-based virtual gaming and metaverse platform built on Ethereum. Users create, own, and monetize in-game assets such as LAND parcels and ASSETS using NFTs, with governance handled through a decentralized autonomous organization. Pixowl, the company behind the project, was founded in 2011 by Arthur Madrid, Sébastien Borget, and Adrien Duermaël. A non-blockchain version of the game launched on mobile and PC in 2012. The project pivoted to blockchain around 2018 to 2019, and the SAND token launched as an ERC-20 token via Binance Launchpad in August 2020. The Sandbox runs on the Ethereum network, which uses proof-of-stake consensus to secure transactions. SAND is staked for rewards rather than mined. SAND is the platform's primary currency. It is used to purchase virtual land and assets, pay creation and publishing fees, stake for rewards and content access, and vote on governance proposals through the platform DAO. SAND has a fixed maximum supply of 3,000,000,000 tokens. These are allocated across the team, advisors, foundation reserves, ecosystem incentives, and liquidity pools, with vesting schedules governing how tokens enter circulation. The platform combines user-generated content, NFT ownership, and token-based governance to run a player-driven virtual economy.
Vantage and Rio Bank settle a loan payment with tokenized deposits on Ethereum
This event highlights the potential for blockchain to revolutionize banking by enhancing transaction speed, efficiency, and compliance integration.
Matter Labs CEO says bank blockchain problems are about plumbing, not tech
The shift from technical to operational focus in blockchain could streamline bank adoption, enhancing efficiency and reducing costs.
Animoca Brands pitches AI and digital ownership as finance on-ramp at IMF meetings
The integration of AI and digital ownership into finance could democratize access, contingent on robust regulatory frameworks and trust-building.
Hugging Face CEO says Netflix’s AI documentary went ‘full doomer mode’
The documentary's portrayal of AI risks may skew public perception, potentially influencing policy and innovation in AI development and oversight.
Mastercard opens early access to AI agent payments at Cloudflare Connect
Mastercard's initiative could revolutionize payment systems by integrating AI and crypto, potentially reshaping financial transactions and controls.
Daytona raises $60M Series B at $1B valuation to build a cloud for AI agents
Daytona's rapid rise highlights the growing demand for AI-specific cloud solutions, potentially reshaping cloud infrastructure standards.
A sourced map of The Sandbox's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on The Sandbox and the wider market, hosted by our team, will appear here once episodes are live.