Get to know the Crypto Sandbox whose value has skyrocketed
Rancakmedia.com – Get to know the crypto Sandbox (SAND) that suddenly took off. This increase was due to cryptocurrency receiving Series B funding worth IDR 1.3 trillion from Softbank's Vision Fund 2 and a number of other investors, including Animoca Brands, Liberty City, True Global Ventures, and Galaxy Interactive.
According to crypto.com, The Sandbox's value has increased by 68.53 percent in the last three months, to $3.38 per coin. While the value of PASIR has increased by 9,162 percent this year.
Crypto Sandbox Price Predictions
Sandbox trading volume reached US$4.18 billion or Rp. 59.41 trillion, in the last 24 hours. PASIR has 892,246,119.22 circulating supply of SAND and a maximum supply of 3,000,000,000.00 SAND.
Sandbox, launched in 2011 by Pixowl and CoinMarketCap, is a blockchain-based virtual environment that allows users to create, build, buy, and trade digital assets in the form of games.
It claims that with The Sandbox GameMaker, players can create digital assets (Non-Fungible Tokens, or NFTs), upload them to the marketplace, and drag and drop them to create gaming experiences.
Pixowl Founder and CEO, Arthur Madrid, is one of the driving forces behind The Sandbox. In 2000, he graduated with a degree in economics from the Université Paris Dauphine.
Madrid began his professional career as a consultant for Eurogroup Consulting France, after which he discovered his entrepreneurial side and launched 1-Click Media in 2001, which was eventually acquired by Ipercast.
Additionally, Sebastien Borget is the co-founder of Pixowl and acts as COO of the company. In 2007, he graduated from the Institut national des Télécommunications with a degree in computer systems networks and telecommunications.
Arthur Madrid started his professional career as a project manager for 1-Click Media, and since then, he and Sebastien Borget have formed an entrepreneurial partnership, founding Pixowl in 2011 and continuing to collaborate on projects.
Sandbox claims to have formed more than 50 collaborations, including with Atari, Crypto Kitties, and Shaun the Sheep, to build a fun and innovative “play-to-earn” platform game that is owned and created by players.
Sandbox seeks to introduce blockchain gaming into mainstream gaming, captivating crypto and non-crypto gamers with the benefits of native ownership, digital scarcity, monetization and interoperability.
Sandbox is unusual in that it is the first cryptocurrency to use blockchain technology in the gaming industry. In terms of adoption of blockchain technology, the gaming sector is a huge untapped market, as Pixowl discovered in 2011.
Sandbox intends to change the market by building a universe where gamers can create and collect blockchain-based items.