{
  "url": "https://blockindex.ai/coin/sand",
  "name": "The Sandbox",
  "links": {
    "github": null,
    "website": "https://www.sandbox.game/",
    "whitepaper": "https://installers.sandbox.game/The_Sandbox_Whitepaper_2020.pdf"
  },
  "dScore": 35,
  "market": {
    "priceUsd": 0.05071848506078804,
    "marketCapUsd": 148992635.3587992,
    "volume24hUsd": 18108418.53492883,
    "priceChange7dPct": -2.81489606,
    "priceChange24hPct": -2.32877644
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 2937639702.3733225,
    "circulatingPct": null
  },
  "ticker": "SAND",
  "founder": "Arthur Madrid, Sebastien Borget",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:33.964427+00:00",
  "fairLaunch": false,
  "launchYear": 2011,
  "description": "The Sandbox (SAND) is a creator-driven metaverse and blockchain-based virtual world designed to enable user-generated content, play-to-earn mechanics and NFT-enabled digital ownership. Originating from Pixowl (founded 2011), the project evolved from a gaming studio concept into a decentralized platform where creators can model voxel assets with VoxEdit, assemble interactive experiences in Game Maker, mint and trade NFTs in an open Marketplace, and monetize virtual LAND and ASSETS using the SAND token. The platform positions itself as a low-barrier entry point for creators by emphasizing no-code/low-code tools, an integrated asset pipeline, and player-driven economic incentives, while strategic partnerships and marketplace liquidity have supported broad adoption among digital artists, brands and gamers.\n\nTechnically, The Sandbox operates as an application layer on Ethereum: SAND is an ERC-20 token that provides utility and governance functions while NFTs (LAND and ASSETS) follow ERC-721 standards. Asset metadata and large asset files leverage IPFS for decentralized storage, and the platform is designed around EVM-compatible toolchains. As an ERC-20 token, SAND does not run its own consensus or block production; security and transaction finality are provided by Ethereum’s PoS consensus. The product stack—VoxEdit for asset creation, Game Maker for interactive experience assembly, and the Marketplace for on-chain commerce—forms the core technical differentiator by tightly integrating creator tooling with tokenized asset ownership.\n\nFrom a use-case perspective, SAND facilitates buying, selling and monetizing user-generated content in the metaverse. LAND parcels host multiplayer experiences and games created by independent developers, educational groups, and brand partners. The token economy supports in-game transactions, fee settlement, and governance: holders can participate in platform decisions through DAO mechanisms. Tokenomics reflect a capped supply model (3,000,000,000 SAND total), with a large portion of supply allocated at genesis across company reserves, seed sales, team/founder allocations, advisors and a Binance Launchpad offering. Circulating supply snapshots and historic market milestones (including an ATH of $8.44 on 2021-11-25 and an ATL of $0.02894 on 2020-11-04) illustrate the token’s market cycle behavior and liquidity profile across major centralized and decentralized exchanges.\n\nGovernance at The Sandbox is DAO-oriented: SAND functions as a governance token enabling stakeholders to vote on platform changes, grants and economic parameters. The project retains company origins via Pixowl and key co-founders (Arthur Madrid and Sebastien Borget) remain core public figures associated with the platform’s growth; however, the DAO model aims to decentralize decision-making over time. Development activity has centered on improving creator tooling, expanding Marketplace capabilities, and onboarding brand partnerships that drive user acquisition. While the whitepaper (2020) and product launches (Marketplace in spring 2021) mark important milestones, a detailed dated roadmap with upcoming protocol-level upgrades is not provided in the supplied sources.\n\nLooking ahead, The Sandbox’s prospects hinge on continued creator adoption, NFT marketplace liquidity, and effective DAO governance. Risks include dependency on Ethereum gas dynamics and network security, market volatility that impacts asset values and speculative demand, and the need to sustain an active developer and creator community. The platform’s strengths—integrated content creation tools, an active NFT Marketplace, cross-industry partnerships, and an established token economy—position it well in the emerging metaverse sector provided it continues to iterate on UX, lower friction for creators, and refine on-chain governance and monetization flows.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "PoS",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 15,
    "governance": 20,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}