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Buy The Sandbox (SAND) in UK With GBP | CoinJar

The Sandbox

SAND
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£0.000GBP
Figures shown refer to the past. Past performance is not a reliable indicator of future results. Pricing data is provided by CoinJar.
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Overview

#116
Popularity
Gaming
Asset type
2012
Active since
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What is The Sandbox?

Buy SAND: What Is The Sandbox token (SAND)? The Sandbox is a Web3-based decentralised game that players from around the world can enjoy. It’s not just any game; it’s a metaverse where creativity, ownership, and play intersect. Think of it as a virtual world where you can build, create, and explore.

Why do people buy the SAND Token?

SAND is the token of a Play-to-Earn (P2E) gaming platform. The Sandbox allows players to earn real rewards while playing. For example, players can buy and sell metaverse land and non-fungible tokens (NFTs) within the game. These NFTs represent digital assets, such as virtual real estate, characters, and items.

By participating in the game, players can accumulate SAND tokens. Everything players acquire in The Sandbox is 100% owned by the player. Whether it’s a piece of virtual land or an NFT, it’s theirs.

Players can create structures, art, and experiences within the metaverse. These creations can be monetised by selling them to other players.

The game is known for being the crypto game most closely resembling Minecraft.. Players can build their own virtual world, designing unique assets.

How does the SAND token work?

The native cryptocurrency of The Sandbox is called SAND. It’s used for buying land, NFTs, and other assets. Players earn SAND by participating in the game, creating content, and trading.

Metaverse land

The Sandbox is divided into parcels of virtual land. Each parcel is an NFT. Owning land allows you to build on it, create experiences, and even host events. Players can buy, sell, and trade land parcels using SAND.

NFTs in the Sandbox

NFTs in The Sandbox represent unique digital assets. These can be characters, buildings, or anything players create. Artists and creators design NFTs, and players can purchase them using SAND. The more creative and valuable the NFTs, the more SAND players can earn.

Conclusion: SAND crypto

The Sandbox is a blend of gaming, creativity, and blockchain. It’s where players become creators. So, whether you’re building a virtual castle, designing a futuristic spaceship, or simply exploring the metaverse, SAND is noteworthy.

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Frequently asked questions

How can investors monetise digital assets in the Sandbox?

Users can monetise their time on the platform by:

-Creating and selling assets as NFTs on the marketplace.

-Owning and renting out land parcels.

-Building and monetising games using the Game Maker.

Standard Risk Warning: The above article is not to be read as investment, legal or tax advice and it takes no account of particular personal or market circumstances; all readers should seek independent investment advice before investing in cryptocurrencies. The article is provided for general information and educational purposes only, no responsibility or liability is accepted for any errors of fact or omission expressed therein. Past performance is not a reliable indicator of future results. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits. CoinJar's digital currency exchange services are operated in the UK by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767). In the UK, it's legal to buy, hold, and trade crypto, however cryptocurrency is not regulated in the UK. It's vital to understand that once your money is in the crypto ecosystem, there are no rules to protect it, unlike with regular investments. You should not expect to be protected if something goes wrong. So, if you make any crypto-related investments, you're unlikely to have recourse to the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service (FOS) if something goes wrong.

The performance of most cryptocurrency can be highly volatile, with their value dropping as quickly as it can rise. Past performance is not an indication of future results. Remember: Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at: https://www.coinjar.com/uk/risk-summary. UK residents are required to complete an assessment to show they understand the risks associated with what crypto/investment they are about to buy, in accordance with local legislation. Additionally, they must wait for a 24-hour "cooling off" period, before their account is active, due to local regulations. If you use a credit card to buy cryptocurrency, you would be putting borrowed money at a risk of loss. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets.

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