$SAND tokens are now available on Crypto.com

The Sandbox
The Sandbox
Published in
5 min readSep 27, 2020

With $SAND added to the Crypto.com App, users can now purchase it at true cost with no fees — credit card and bank transfer both supported. As Crypto.com also offers a Visa Card, this adds additional utility to $SAND as users can easily convert cryptocurrencies into fiat currencies and spend at over 60m merchants globally.

Why Crypto.com?

Crypto.com intends to be a fully integrated cryptocurrency platform. To make that happen, it has launched multifarious products and services. One of them is the Crypto.com exchange that allows investors to trade in various cryptocurrency tokens. The app launched by Crypto.com is available on both iOS and Android. One can access the whole range of world-class trading services by just opening an account. At regular intervals, the Crypto.com exchange announces an exclusive promotion known as “The Syndicate” where it exchanges other cryptocurrencies for CRO at half their current market price.

The platform follows regulations as per global standards like KYC documentation and anti-money laundering obligations. To ensure absolute security, the platform keeps 100% of its funds stored in cold storage. Crypto.com has a transparent, economical, and competitive fee structure. It offers varied services like spot exchange trading, payment with crypto debit cards affiliated with VISA, earning money by staking, and taking a crypto loan. Soft staking allows users to earn up to 5% on deposited assets. The company helps users to control their money, safeguard their data, and protect their identity. By leveraging payment solutions, the platform wants to drive adoption and user acquisition, while developing trading services as the major source of revenue for the users.

Why ‘The Sandbox’?

The Sandbox became popular after its two games were widely accepted and appreciated by the community of content creators. These two games were The Sandbox (2011) and The Sandbox Evolution (2016) and together they generated 40 million downloads across iOS and Android. In 2018, the developer/ publisher decided to make this User Generated Content gaming IP available for the users from mobile app to blockchain game. The goal was to build a Metaverse without any central authority, where all users will get the opportunity to vote and make decisions together.

In the game industry, the centralized authority fails to give much-needed freedom and rights to the game creators. Therefore, we launched The Sandbox to create a decentralized platform for the content developers that will give them complete control over their content. Backed by blockchain technology, The Sandbox will ensure that players can craft, play, share, collect, and trade without central control, enjoying secure copyright ownership with the ability to earn cryptocurrency. We offer exclusive advantages to all the investors like true-ownership, digital scarcity, monetization capabilities, and interoperability. The investors and players on our platform can utilize shared assets. They can use ASSETS, LANDS, and any other game elements in other games that allow it.

Explore the limitless potential of $SAND token

$SAND tokens are an integral part of The Sandbox ecosystem. These tokens are transferable during P2P transactions like the purchase or sale of LANDs or game ASSETs. They empower the token holders by giving the authority to initiate a proposal or vote for significant decisions such as a new upcoming creation contest, sale event, or on the next features for the Creation Software using a DAO (Decentralized Autonomous Organization) structure. Token holders have the power to either vote themselves or delegate voting rights to other players. If any proposal is backed by the majority, it is immediately implemented. Another great advantage is that users can stake $SAND tokens to earn rewards, as well as GEMs and CATALYSTs for ASSETS creation.

Campaign Announcement

Crypto.com is launching an exclusive campaign for you to get prizes for trading $SAND on the Crypto.com App. The total prize pool for the campaign is $50,000 USD in $SAND Tokens.

Start Date: 24 September 2020 at 16:00 PM HKT
End Date: 1 October 2020 at 16:00 PM HKT

  1. $SAND Trading Competition — $32,000 to Win!

During the competition period, 500 participants with the highest $SAND Points* are eligible to receive the below rewards:

*$SAND Points: Trading Volume ($SAND) x CRO Booster
Trading Volume ($SAND) = Total Buys ($SAND) + Sells ($SAND)

In addition, participants can also increase their $SAND Points for the $SAND Trading Competition by utilizing the CRO Booster. The CRO Booster increases your $SAND Points by the following factors:

**CRO Net Buys = Total Buys (CRO) — Total Sells (CRO) — Total Withdrawals (CRO)

2. $SAND Airdrop — $18,000 to Share!

During the campaign period, all users that stake at least 1,000 CRO on the Crypto.com App for the MCO Visa Card will be eligible to share $18,000 $SAND. The $SAND rewards will be shared equally among all eligible participants.

Download the Crypto.com App today! Please visit this blog for more information on CRO Staking.

Notes

  • All Crypto.com approved users of the Crypto.com App can participate (Except residents of the United States).
  • The maximum $SAND rewards each user can receive from the $SAND Airdrop is $100 USD equivalent in $SAND tokens.
  • The $SAND Airdrop is only eligible for new users who download the Crypto.com App within the campaign period and manage to meet the CRO Staking requirements.
  • Crypto.com reserves the right to cancel or amend the campaign rules at our sole discretion.
  • $SAND rewards will be issued within 14 days after the end of the campaign. You can log in and see your prize in your App’s $SAND wallet section.
  • Crypto.com will refer to the average price of $SAND/USD on Crypto.com App around the time of distribution as the exchange rate used for reward distribution.
  • By participating in this campaign, all users agree to the Privacy Notice of Crypto.com, which is published at https://crypto.com/en/privacy/global.html

--

--