Binance is launching the next project on Binance Launchpad – The Sandbox (SAND). The token sale for The Sandbox will follow a lottery format, with the recording of user BNB balances starting at 2020/08/06 0:00 AM (UTC).
What Is Sandbox?
The Sandbox is a virtual world where players can build, own, and monetize their gaming experiences in the Ethereum blockchain using SAND, the platform’s utility token. As a player, you can create digital assets (Non-Fungible Tokens, aka NFTs), upload them to the marketplace, and drag-and-drop them to create game experiences with The Sandbox Game Maker. The Sandbox has secured over 50 partnerships including Atari, Crypto Kitties, and Shaun the Sheep to build a fun, creative “play-to-earn” Gaming platform, owned and made by players. 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.
Key Features And Highlights
Decentralization: All game assets are represented by NFTs, securing true ownership for players and collectors. SAND will come with core game usage, staking utilities and reward systems assigned to the token, as well as governance mechanisms that will further decentralization and allow users to govern the platform.
LAND Presales: Users have acquired a location within the virtual world gaming platform during the first rounds of presale since December 2019, some of which sold out within minutes and generated more than $1 million USD in sales; the overall value of the The Sandbox metaverse is planned to reach over $20M.
Governance: SAND holders will be able to participate into governance decisions of the platform via DAO mechanisms, where they can exercise voting rights on key elements of The Sandbox ecosystem.
Foundation: The role of the Foundation is to support the ecosystem of The Sandbox, offering grants to incentivize high quality content & games production on the platform. To date, the Foundation has already funded over 15 game projects and granted 100 artists to produce NFTs that will be available at the public Launch in December 2020.
Community support: More than 15,000 users have connected their wallets to the project. A community of 750,000+ followers supports the franchise across Facebook, Discord, Telegram, etc.
Experienced team: The Sandbox team has developed two sandbox-genre mobile games that generated more than 40M downloads. The team includes video-games experts from AAA companies and top-notch blockchain engineers who co-authored the ERC-1155 NFT token standard and more.
Corporate Partnerships: Secured +50 partnerships to develop content on the platform, including brands like Shaun the Sheep, dApp game studios like Dapper Labs (CryptoKitties), investors such as Square Enix (Final Fantasy, Tomb Raider), and iconic game companies like ATARI (Rollercoaster Tycoon, Pong).
Original Roadmap And Achievements
|Planned Date||Milestone||Actual Date||Timing||Comments|
|2018: Q4||VoxEdit alpha release and launch of Creators Fund||2018: Q4||On Time||Medium|
|2019: Q4||LAND token presale||2019: Q4||On Time||Medium|
|2020: Q1||Release of VoxEdit beta||2020: Q1||On Time||Medium|
|2020: Q2||Private release of the Game Maker alpha||2020: Q2||On Time||Medium|
- Public release of Game Maker Beta.
- Launch of LAND token presale 4.
- Release of Marketplace upgrade for SAND purchases, P2P Sales, ASSETS minting with GEM & CATALYST.
- Launch of the public beta of The Sandbox Game.
- Launch of play-to-earn mechanism.
- Release of multiplayer component.
- Launch of regular LAND token sales.
- Release of VoxEdit 1.0.
- Launch of Foundation DAO with SAND staking.
- Release of Game Maker 1.0.
- Release of The Sandbox Game.
- Release of games on smartphones and tablets.
- Release of user-generated games with multiplayer modes.
- Enabling games on consoles.
- Release of the co-building mode of Game Maker.
The Sandbox team has developed two sandbox-genre mobile games that generated more than 40M downloads. The team includes video-games experts from AAA companies and top-notch blockchain engineers who co-authored the ERC-1155 NFT token standard and more.
Atari: Atari is a video game company established since 1972. The Sandbox’s partnership with Atari will allow Atari to showcase its games and content in The Sandbox gaming metaverse.
SBS Game Academy: SBS Game Academy is a video game education institution in Korea. SBS Game Academy will develop a curriculum around The Sandbox Game Maker.
Shaun the Sheep: Shaun the Sheep is a cartoon with its own series and two feature films. Shaun the Sheep’s cartoon charactors will be ported to The Sandbox as ASSETS on the platform.
Matic Network: Matic Network is a blockchain scalability network that aims to provide secure, scalable, and instant transactions powered by Proof-of-Stake side chains. Matic Network will collaborate with The Sandbox team to achieve faster transactions and a better UI/UX experience on The Sandbox platform.
SAND Token Information
Token Name: The Sandbox (SAND)
Token type: ERC20
Total Token Supply: 3,000,000,000 SAND
SAND Token Distribution
- Binance Launchpad Sale: 12.00% of the total token supply
- Seed Sale: 17.18% of the total token supply
- Strategic Sale: 4.00% of the total token supply
- Foundation: 12.00% of the total token supply
- Teams: 19.00% of the total token supply
- Advisors: 10.00% of the total token supply
- Company Reserve: 25.82% of the total token supply
Learn More Information
Whitepaper: Whitepaper Sandbox
Telegram group: https://t.me/sandboxgame
Twitter channel: https://twitter.com/thesandboxgame
Sandbox Token Sale Details
Seed Sale Overview: 515,277,777 SAND Tokens with the price: $0.0036/ SAND
Strategic Sale Overview: 120,000,000 SAND Tokens with the price: $0.0050/ SAND
Binance Launchpad Sale:
- Launchpad Ticket Claim Time: 2020/08/13 6:00 AM (UTC) – 2020/08/14 6:00 AM (UTC)
- Launchpad Hard Cap: $3,000,000
- Total Tokens Allocated to Binance Launchpad: 360,000,000 SAND (12% of Total Token Supply)
- Public Sale Token Price: 1 SAND = $0.008333 (price in BNB will be determined prior to the lottery draw date)
- Token Sale Format: Lottery
- Max Number of Winning Lottery Tickets: 15,000
- Allocation Per Winning Ticket: $200 (24,000 SAND)
- Supported Sessions: BNB only
How To Join And Buy SAND Token?
Here’s a step-by-step guide on how to participate in Sandbox Token Sale on Binance Launchpad
Step 1: Register And Verify Account On Binance Exchange: This is to ensure that token sales are being done in compliance with regulatory requirements in users’ jurisdictions.
You can see tutorial of registration Binance at: Tutorial Of Registration And Verification On Binance Exchange
Step 2: Sandbox Token Sale Rules
The Sandbox token sale will follow a lottery format, with the recording of user BNB balances starting at 2020/08/06 0:00 AM (UTC).
To buy and hold Binance Coin (BNB): Please read tutorial at Binance Exchange Tutorial
Binance will record user BNB balances for 7 days from 2020/08/06 0:00 AM (UTC) to 2020/08/13 0:00 AM (UTC). The final BNB holding amount for each user will be determined as the average of the 7 days.
Lottery Ticket Allocation
Users will be able to claim up to a maximum of 10 lottery tickets based on their daily average BNB holdings (represented by X below) over the 7-day period leading up to the ticket claim date.
|Daily Average BNB balance (X)||No. of Lottery Tickets|
|50 ≤ X < 100||1|
|100 ≤ X < 150||2|
|150 ≤ X < 200||3|
|200 ≤ X < 250||4|
|250 ≤ X < 300||5|
|300 ≤ X < 350||6|
|350 ≤ X < 400||7|
|400 ≤ X < 450||8|
|450 ≤ X < 500||9|
- 2020/08/06 0:00 AM (UTC) to 2020/08/13 0:00 AM (UTC): During this period, user BNB balances will be calculated in hourly snapshots for each day over a 7-day period. Your final average daily BNB balance over these 7 days will determine the number of tickets that you will be able to claim.
- 2020/08/13 6:00 AM (UTC): Ticket claim will open at this time for all eligible users for a 24 hour period. Users must also sign the Token Purchase Agreement at the same time, prior to completing the ticket claim. Please note that users will only be able to claim tickets once.
- 2020/08/14 6:00 AM (UTC): Ticket claim closes and the lottery draw begins.
- 2020/08/14 8:00 AM (UTC): Winning tickets are announced and the respective BNB will be deducted from each winning users’ accounts. Please ensure you have sufficient BNB in your spot exchange account to be deducted within 24 hours if you have a winning ticket. Please note that BNB in open orders, margin accounts, lending products, sub-accounts, futures accounts, fiat accounts, or card accounts will not be eligible to be deducted.
Step 3: Buy SAND Token
Login Your Binance account and go to the Binance Launchpad page to find the Sandbox project
Go to the Sandbox project page: Each Launchpad project requires a separate Token Purchase Agreement to be signed by each use
On 2020/08/13 6:00 AM (UTC): Ticket claim will open at this time for all eligible users for a 24 hour period. Users must also sign the Token Purchase Agreement at the same time, prior to completing the ticket claim. Please note that users will only be able to claim tickets once.
On 2020/08/14 8:00 AM (UTC): Winning tickets are announced and the respective BNB will be deducted from each winning users’ accounts. Please ensure you have sufficient BNB in your spot exchange account to be deducted within 24 hours if you have a winning ticket. Please note that BNB in open orders, margin accounts, lending products, sub-accounts, futures accounts, or fiat accounts will not be eligible to be deducted.
Click on ‘Ticket Claim History’ at right top corner of page to check Your Lottery Results
Get Your SAND Tokens soon: Within 15 days after the token sale ends, You will be credited with the respective tokens to Your Binance account.
You will be able to either directly trade the SAND token on Binance Exchange or withdraw the tokens to Your personal wallet once the tokens are distributed.
* Users from the following countries or regions will not be able to participate in Sandbox token sale on the Binance Launchpad platform:
Australia, Belarus, Democratic Republic of Congo,Cuba, Iraq, Iran, North Korea, Sudan, Syria, United States of America and its territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), Zimbabwe.
Risk Warning: Binance Launchpad is a high-risk investment channel. You should be sensible in Your participation and be aware of investment risks. We are not liable for Your investment gains or losses. The information we provide for You to conduct Your own research. It is not investment advice.
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