Get to know the Crypto Sandbox whose value has skyrocketed

Lovata Andrean

Get to know the Crypto Sandbox whose value has skyrocketed
Get to know the Crypto Sandbox whose value has skyrocketed

Rancakmedia.com – Getting to know the crypto Sandbox (SAND) which suddenly soared. This increase was due to the 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 value of The Sandbox has increased by 68,53 percent in the last three months, to 3,38 US dollars per coin. Meanwhile, the SAND value increased by 9.162 percent this year.

Crypto Sandbox Price Predictions

Sandbox trading volume reached 4,18 billion US dollars or Rp. 59,41 trillion, in the last 24 hours. SAND has a circulating supply of 892.246.119,22 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.

Crypto Sandbox

He claims that with The Sandbox Game Maker, 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 bachelor's degree in economics from 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 serves as the company's COO. In 2007, he graduated from the Institut national des Télécommunications with a degree in computer systems networks and telecommunications.

Arthur Madrid began 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, Cryptocurrency Kitties, and Shaun the Sheep, to build a fun and innovative “play-to-earn” gaming platform owned and created by players.

Sandbox seeks to introduce blockchain gaming into mainstream gaming, enticing 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. When it comes to blockchain technology adoption, the gaming sector is a huge unexplored 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.

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Lovata Andrean

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