$SAND tokens by The Sandbox is now listed on WazirX Platform

The Sandbox
Sep 24, 2020 · 4 min read

The Sandbox is committed to offering its exemplary services to players and cryptocurrency aficionados in the arena of gaming and blockchain technology. We have recently launched $SAND, an ERC-20 Ethereum-powered utility token that will be the medium of exchange within The Sandbox Metaverse. $SAND implements the ERC-20 standard of utility tokens on the Ethereum network. The token offers a top-of-the-line experience to its players without any creative limitations. The players have the opportunity to explore new experiences and earn money. They can create digital assets in the form of Non-fungible tokens, upload them to the system, and incorporate them into games. To ensure the wider adoption of our token and easy accessibility for cryptocurrency, we are keen to collaborate with some of the most popular and trusted crypto exchanges of the world.

We are thrilled to announce that $SAND has been listed on India’s most innovative crypto-to-crypto exchange WazirX. Launched in March 2018, WazirX is headquartered in India. This partnership will be an important milestone in our journey to work towards a strong and promising future of cryptocurrency. By listing on WazirX, users will be able to access a trusted exchange which will enable them to make transactions much more quickly than before. This collaboration will provide top-notch customer experience and best-in-class trading services. Our visionary goal is to adopt a forward-looking, performance-driven approach and create a future for the betterment of the blockchain community.

Our team of dedicated developers is excited to be listed on the WazirX exchange as it opens and new possibilities for the investors. We look forward to a futuristic partnership with WazirX that will be based on innovation, experimentation, and creativity. The ultimate goal of this partnership is to empower investors to make transactions freely across the world.

Why WazirX?

WazirX aims to build an exchange that will enable any investor who is a crypto enthusiast to join the digital cryptocurrency revolution. It gives ample options to the investors as they can choose to buy, sell, and trade digital currencies with amazing ease, confidence, and trust. The company believes in offering super-fast experience and ensuring transparent communication with its investors to maximize their returns. The proficient team of WazirX has developed the world’s first auto-matching P2P engine. WazirX P2P helps users to convert their money into cryptocurrency instantly. It provides a seamless and world-class trading experience across all platforms like Web, Android & iOS mobile, Windows, and Mac apps. The powerful mechanism of WazirX has high scalability as it can scale up in a few seconds to fulfill the surging demand. WazirX P2P is the next generation P2P system that has simplified the process of depositing and withdrawing fiat remarkably. For users, it is very easy to use the P2P interface as the experience is quite similar to regular trading. It’s hassle-free with zero learning curve and is accessible to users 24x7. The exchange incorporates all the features and charting tools of TradingView for the convenience of users.

Why The Sandbox?

The Sandbox brand has gained recognition in the world for its popular games, The Sandbox (2011) and The Sandbox Evolution (2016). These two games combined were downloaded 40 million times across iOS and Android. In 2018, this exemplary User Generated Content gaming IP and its huge community of creators was shifted from mobile app to blockchain game by the developer/publisher Pixowl. The goal was to give creative freedom to the players and build a Metaverse without any central authority, where all users will get the opportunity to vote and make decisions together with us.

The Sandbox aims to build a world for content developers that will push them to explore their creativity without any fears and barriers. Concurrently, they will be able to earn returns through blockchain technology and cryptocurrency. We believe that creators should have complete control over the system so that they can make changes that are beneficial for the entire community. The Sandbox aims to bring blockchain into mainstream gaming, attracting both crypto and non-crypto game enthusiasts by offering the advantages of true-ownership, digital scarcity, monetization capabilities, and interoperability

Advantages of $SAND tokens

$SAND tokens offer a plethora of benefits to its users. A user has the freedom to transfer a $SAND token for P2P transactions such as the purchase or sale of LANDs or game ASSETs. This transfer can happen an unlimited number of times among users.

$SAND token holders will have the right to be a part of important decisions related to governance. Token holders can initiate proposals to vote on significant matters like a new upcoming creation contest, sale event, or on the next features for the Creation Software using a DAO (Decentralized Autonomous Organization) structure. They can choose to either vote themselves or delegate voting rights to other players, as per their convenience. If the majority votes in the favour of the proposal, it is accepted and implemented. Another benefit is that users can stake $SAND tokens to earn rewards, as well as GEMs and CATALYSTs for ASSETS creation.

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