What is The Sandbox (SAND)
SAND is the token at the heart of The Sandbox metaverse, a virtual world based on the Ethereum blockchain with a “voxel” style graphic. Within the platform, SAND allows users to buy digital land (LAND), create NFTs, customise their avatar and take part in governance decisions.
It is also the means by which users receive rewards for their activities: these, however, are participation-linked rewards, variable and not guaranteed.
How it works: the play-to-earn model
The Sandbox adopts a “play-to-earn” model in which players can earn by creating virtual content, experiences and items, which become tradable NFTs. Companies and brands can buy portions of the virtual world (LAND) to build their own experiences on them.
The ecosystem’s value is therefore tied to the actual use of the platform and to public interest in the metaverse, a sector that experienced great enthusiasm in 2021 and a subsequent sharp decline.
How it began and the context
The Sandbox was founded by Sebastien Borget and raised significant funding — around 93 million dollars — from investors including giants such as Samsung and LG. In 2024 a share of the overall supply was unlocked and distributed to early investors, an element that affects selling pressure.
Global interest in the metaverse is now lower than the 2021 peaks: a factor to consider when assessing the project.
Price trends and what to consider
Like all crypto-assets, SAND has shown a highly volatile price trend, closely tied to interest cycles in the metaverse and gaming. Its quotations can be influenced by the general trend of the crypto market and by the platform’s adoption.
Past performance is not a guarantee of future results. Any decision should be based on an independent and informed assessment of the risks.
The Sandbox Market Data
Learn More in the Academy
From Web3 basics to decentralised finance. Access guides and insights tailored to every level, and navigate the crypto market with confidence.
Buy The Sandbox in 3 steps on Young Platform
What does the Young Platform do?
Young Platform is the Italian platform for the crypto-asset world. Since 2018, we have been working from Turin to make buying and selling crypto-assets a clear and accessible experience — whether you are taking your first steps or trading regularly. Over 2 million users have already chosen us (as of June 11, 2026). Our shareholders include Azimut, United Ventures, and Banca Sella, among others. For details on our updated corporate structure, please visit the official page on our website.
Check out the Top movers
Discover the cryptocurrencies with the biggest price changes over the last 24 hours.
