What is The Sandbox (SAND)?
The Sandbox is an Ethereum-based decentralized metaverse focusing on gaming and NFTs. Inside the Sandbox, everyday people without a tech background can mint NFTs to share, sell and use. Supporting this digital economy is the ERC-20 token SAND which users need to make transactions within The Sandbox.
The Sandbox ecosystem encompasses three different products that integrate with the user-generated content creation experience. These are:
Game Maker: A product that allows users to create their own experiences with coding knowledge.
VoxEdit: A program for building NFT game assets.
Marketplace: A program for buying and selling NFT game assets.
What are the Benefits of The Sandbox (SAND)?
While on the surface, the Sandbox looks to be nothing but a simple game for kids, it has several societal benefits. For example, anyone can purchase NFTs in the Sandbox and even make their own. This removes the technical barrier to entry that deterred so many from participating in this new digital economy. Furthemore, as a user-generated metaverse, it is fully decentralized. Therefore, the players own all the digital assets in the game, not some faceless company.
The Sandbox is a platform where individuals can customize and design their universe however they like. It gives them new opportunities to share and monetize their content in an unfiltered and unrestricted fashion.
Should I buy The Sandbox (SAND)?
Many investors bought into the Sandbox content because it combines the benefits of blockchain technology with the massive global business of online gaming. Other projects have attempted to do this in the past but have failed. The Sandbox is one of the most legitimate projects in the space currently and may be the first to succeed for many years beyond. This is because of its dedication to decentralized gaming, allowing users to control the direction of the project.
Because the users have complete control, the Sandbox can grow more efficient and adapt naturally than other centralized games. Furthemore, the native token SAND is not just an in-game current, but it also allows governance rights to gamers so they can make important decisions about the project’s progress.
How to get an instant SAND loan
Don’t sell your SAND. Use it as collateral for an instant crypto loan and get up to 90% of your collateral’s value in a variety of currencies. We have SAND to USD loans, SAND to EUR loans, SAND to GBP loans, SAND to CHF loans, and stablecoin loans as well. Simply deposit SAND today, choose a loan plan – or create a custom one yourself – and you’ll receive up to 30,000 in a currency of your choice in seconds.
How to borrow The Sandbox - How does it work?
With our Crypto-Backed Loan service, you can borrow BTC, USDT, USD, EUR, GBP, or CHF only. That means if you want to borrow SAND you first must convert one of the above to fiat and convert it to SAND using our exchange service.
The Sandbox loan calculator
You can use our SAND loan calculator with different loan plans to find the best option for you. You can see all parameters on the form such as loan duration, price down limit, and loan repayment. If you want to loan Sandbox, please check the calculator first to see which plan works best for you.
The Sandbox lending process
The Sandbox lending is easy with YouHodler. Just open and verify your account, deposit your crypto to the wallet and use it as collateral for your future SAND loans.
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