# SAND

## Contents

<table data-card-size="large" data-view="cards"><thead><tr><th data-card-target data-type="content-ref"></th><th></th></tr></thead><tbody><tr><td><a href="#what-is-sand">#what-is-sand</a></td><td>Learn about The Sandbox Game's main utility token and medium of exchange</td></tr><tr><td><a href="#how-is-sand-used-in-the-sandbox">#how-is-sand-used-in-the-sandbox</a></td><td>Learn how SAND is used in The Sandbox Game's digital economy</td></tr><tr><td><a href="#buy-sell-or-swap-sand">#buy-sell-or-swap-sand</a></td><td>Guidance for buying, selling, and swapping SAND</td></tr><tr><td><a href="../what-is-tsb/earn-sand-and-nfts">earn-sand-and-nfts</a></td><td>Learn ways to get SAND from Play&#x26;Earn, creative contests, and professional work</td></tr><tr><td><a href="../players/claim-rewards">claim-rewards</a></td><td>Information about claiming rewards earned from Seasons, Events, and Contests in The Sandbox</td></tr><tr><td><a href="staking">staking</a></td><td>Earn passive rewards by staking your SAND in our main program or our dedicated LAND Owners staking program</td></tr><tr><td><a href="tsb-bridge/bridge-sand-to-polygon">bridge-sand-to-polygon</a></td><td>Benefits and steps to using The Sandbox Bridge to shift your SAND to Polygon (L2)</td></tr><tr><td><a href="tsb-bridge/bridge-sand-to-ethereum">bridge-sand-to-ethereum</a></td><td>Steps to using The Sandbox Bridge to shift your SAND to Ethereum (L1)</td></tr><tr><td><a href="../../accounts/manage-wallet#gasless-transactions">#gasless-transactions</a></td><td>Toggle on this feature in your Wallet Settings to take advantage of free transactions on Polygon, which replenish over time</td></tr><tr><td><a href="sand/faqs-sand">faqs-sand</a></td><td></td></tr></tbody></table>

***

## What is SAND?

{% tabs %}
{% tab title="About SAND" %}

<table data-view="cards"><thead><tr><th></th></tr></thead><tbody><tr><td><img src="https://3927767952-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F61fllYo416R30LRxku4v%2Fuploads%2FMBhjviOAd5aQPnjyb2ZE%2FSandPost.png?alt=media&#x26;token=87e2213d-77ae-4501-9cd1-ae5f07d8d42e" alt="" data-size="original"><strong>Ethereum Blockchain</strong></td></tr><tr><td><p><strong>ERC-20 Token</strong></p><ul><li>Main utility token in The Sandbox</li><li>Medium of exchange</li><li>Required to participate in governance of The Sandbox metaverse</li><li>Maximum Supply: <br>3 billion</li></ul></td></tr><tr><td><img src="https://3927767952-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F61fllYo416R30LRxku4v%2Fuploads%2F64xXRbvIznXj5CZo4uUe%2FMSand.png?alt=media&#x26;token=331152d0-e67c-41f3-8d26-8fcb1e62bf11" alt="" data-size="original"><strong>Polygon Blockchain</strong></td></tr></tbody></table>

**SAND** is The Sandbox Game's native currency and utility [**token**](#user-content-fn-1)[^1]. It is a **fungible** token, meaning it can be exchanged for other tokens of the same type like other cryptocurrencies and fiat (physical) currencies.

The SAND token is a medium of exchange that allows for a digital economy to exist in The Sandbox ecosystem for the benefit of creators, players, and owners of various **non-fungible** token types (NFTs) made for use in The Sandbox.

An **NFT** is a unique type of token that can not be replaced or exchanged for an equivalent token. It's rarity and utility determine its value. The Sandbox NFTs that can be bought, sold, or traded include virtual LANDs, entities to create Experiences, player equipment, player avatars, and more.
{% endtab %}

{% tab title="About ERC-20 Tokens" %}
{% hint style="info" %}
Key Attributes of the ERC-20 token standard includes:

* interchangeability with equivalent tokens
* standardisation for compatibility across various applications, wallets, and exchanges
* divisibility for granular transactions and flexible use cases
* functions for transfers and approval
* total supply and balances tracking
  {% endhint %}
  {% endtab %}
  {% endtabs %}

## How is SAND Used in The Sandbox?

{% tabs %}
{% tab title="About" %}
By owning SAND,

* **PLAYERS** can purchase avatars and equipment and gain access to Experiences that may require a small SAND fee or ownership of a specific NFT.
* **CREATORS** can sell valuable Assets on the Marketplace or accelerate their Experience production timeline by purchasing assets from others.
* **ANYONE** can participate in governance of The Sandbox metaverse via [The Sandbox DAO](https://www.sandboxdao.com/) or participate in a staking program for passive income (if no local restrictions apply).

Learn more about SAND:

{% embed url="<https://research.binance.com/en/projects/the-sandbox>" %}
{% endtab %}

{% tab title="Play" %}

### Play

#### Play & Earn (P\&E)

Earn Ethos Points (EP) in some Experiences, making you eligible to earn SAND via contests and raffles to claim it.

#### Contests

Participate in contests hosted on a LAND to earn SAND and NFT rewards, such as a parkour race for the fastest time.
{% endtab %}

{% tab title="Create" %}

### Create

#### Monetise Your Assets

Sell voxel art on The Sandbox Marketplace using SAND as a medium of exchange. Apply a Catalyst to increase Rarity and create Attributes to add more value and utility.

#### Monetise Your Experiences

Launch Experiences for free or require ownership of certain NFTs to access exclusive Experiences or gameplay within an Experience.

#### Hire Creators

Pay skilled level designers, asset creators, and others to collaborate on your project, or commission specific assets.
{% endtab %}

{% tab title="Earn" %}

### Earn

#### Stake SAND

Earn passive rewards by staking your SAND into a liquidity mining pool (if local restrictions do not apply).

#### Stake SAND to LAND

Earn exclusive rewards in a program for LAND owners with a separate staking pool. Premium LANDs can earn Gems to make assets more valuable.
{% endtab %}

{% tab title="Own & Govern" %}

### Own & Govern

#### Medium of Exchange

Purchase non-fungible tokens (NFTs) with various utilities, such as avatars, LAND, equipment, assets, passes, and catalysts (used to mint NFTs).

#### Governance

Participate in the governance of The Sandbox Game's platform via [The Sandbox DAO](https://www.sandboxdao.com/).
{% endtab %}

{% tab title="Foundation & Staking" %}

### Foundation Fund & Staking Pool

With our new royalties system, The Sandbox receives 2.5% of the sale price of each asset soldd at The Sandbox Marketplace. This supplies The Sandbox Foundation with SAND to distribute among The Game Maker Fund, staking, and rewards.

[**The Sandbox Foundation**](https://docs.sandbox.game/en/about/the-sandbox-foundation) supports the ecosystem and allows us to grant funds to incentivise high quality UGC (user-generated content) production through programs for artists and builders. It also supports growth of The Sandbox via rewards for token holders who stake their SAND.
{% endtab %}
{% endtabs %}

## Buy, Sell, or Swap SAND

{% tabs %}
{% tab title="Blockchain Fees" %}

### Fees for Blockchain Transactions

{% hint style="warning" %}
**TRANSACTION FEES (GAS FEES)**\
Every transaction on a blockchain network includes a cost to compensate those who validate the data, which makes the technology more secure. The fee varies based on the blockchain network's congestion when the transaction is "signed." Some wallets, such as MetaMask, alert you if gas fees are high.
{% endhint %}

{% hint style="success" %}
**ACTIVATE YOUR FREE MONTHLY GASLESS TRANSACTIONS (Polygon)**

Every account holder at The Sandbox may take advantage of 10 free transactions every 28 days. This means no gas fee is charged per transaction available. [Learn more](https://docs.sandbox.game/en/accounts/manage-wallet#gas-fees)
{% endhint %}

{% hint style="info" %}
**AIRDROPS**

On rare occasions, The Sandbox may send an airdrop with no fee, such as to resolve an issue from a user's support ticket where a manual correction is the best resolution.
{% endhint %}

### Convenience Fees from Exchanges

In addition, some third-party services and exchanges may charge a fee when you purchase cryptocurrency through them. This information can be found in your transaction details before you sign it. Where to buy and sell cryptocurrency is fully your choice.
{% endtab %}

{% tab title="Buy" %}

### Buying SAND Tokens

{% hint style="danger" %}
**ETHEREUM AND POLYGON NOTE**

SAND is currently more commonly available for purchase on the Ethereum blockchain. Once purchased, it can be deposited to Polygon using [**The Sandbox Bridge**](https://docs.sandbox.game/en/owners/tsb-bridge).
{% endhint %}

### Where Can I Buy SAND?

#### Via an Exchange

You can buy SAND at any Exchange that trades the SAND token and transfer it to your wallet. Some exchanges may not be available depending on your location.&#x20;

For an updated list of exchanges where SAND can be purchased, visit:

{% embed url="<https://www.coinlore.com/coin/the-sandbox/exchanges>" %}

#### Via Your Metamask Wallet

Some wallets allow you to purchase cryptocurrencies directly. This may reduce cost by eliminating a step to transfer funds from the exchange to your wallet.

{% embed url="<https://youtu.be/9dmjlYS-thY?si=X_MBXrdkn1uKfbxV>" %}

### Can I purchase SAND using a credit card?

Some exchanges, such as Simplex, allow credit cards for purchases. However, some credit cards restrict cryptocurrency purchases.

### Can I purchase SAND via The Sandbox's dashboard/website?

At this time, you can NOT purchase SAND via The Sandbox website. You may connect your third party wallet to your account at The Sandbox and use the cryptocurrencies in your wallet to purchase assets on the website. All Marketplace transactions completed at The Sandbox website are now done on the Polygon net work to reduce gas fees for users. Previously, The Sandbox was only compatible with the Ethereum network.

### When Should I Buy SAND?

The value of any token will vary over time. When to buy it is entirely up to you. The Sandbox cannot give you any financial advice. However, you are welcome to seek advice from community members via one of our live chat communities.
{% endtab %}

{% tab title="Sell" %}

### Sell SAND Tokens

You can sell SAND at any exchange that trades the SAND token. You may need to set up an account with the exchange and complete a verification process, depending on your location or laws.

### When Should I Sell SAND?

The value of any token will vary over time. When to sell it is entirely up to you. The Sandbox cannot give you any financial advice. However, you are welcome to seek advice from community members via one of our live chat communities.
{% endtab %}

{% tab title="Swap" %}

### Can I swap another cryptocurrency token for SAND?

Some wallets may allow you to swap cryptocurrencies directly. You can also use an app such as [**UniSwap**](https://app.uniswap.org/#/swap?inputCurrency=ETH\&outputCurrency=0x3845badade8e6dff049820680d1f14bd3903a5d0).
{% endtab %}

{% tab title="Taxes?" %}

### Do I have to pay taxes on any profits I make from SAND?

The Sandbox cannot offer you any tax advice. Taxation rules differ by country and even by local jurisdictions, states or counties within those countries.&#x20;

Please seek advice from an official tax representative within your local jurisdiction.
{% endtab %}
{% endtabs %}

## How to Claim Your Earned Rewards

If you've earned rewards from The Sandbox, you will need to follow the steps below to claim them.

{% tabs %}
{% tab title="Step 1" %}

### Step 1: **Go to the reward claiming page**

Log into your account on The Sandbox. Click on your username and select the **Claims** option in the menu. Alternatively, the direct link is: [**https://www.sandbox.game/me/claim/**](https://www.sandbox.game/me/claim/).
{% endtab %}

{% tab title="Step 2" %}

### Step 2: Click the Claim button

If you are eligible for any rewards, you can click the **Claim** button underneath it.&#x20;

{% hint style="warning" %}
Claims have an expiration date, which will be noted on each claim available.
{% endhint %}

{% hint style="success" %}
All claims and rewards are transacted on the Polygon network. You may be able to complete your transactions without paying gas fees if you have Gasless Transactions remaining. [Learn more](https://docs.sandbox.game/en/accounts/manage-wallet#gas-fees)
{% endhint %}

<figure><img src="https://3927767952-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F61fllYo416R30LRxku4v%2Fuploads%2FPKzXB9xYAtpkA0FFrwWR%2Fimage.png?alt=media&#x26;token=8b527228-5ac2-4b2d-aed7-7aba2dd93c84" alt=""><figcaption></figcaption></figure>
{% endtab %}

{% tab title="Step 3" %}

### Step 3: Confirm the transaction

Your cryptocurrency wallet's confirmation screen should appear, including the contract addresses and how much in gas fees, if any, that the claim will cost. Confirm the transaction.
{% endtab %}
{% endtabs %}

## The Sandbox Bridge

Use [**The Sandbox Bridge**](https://docs.sandbox.game/en/owners/tsb-bridge) when you'd like to move SAND or LAND between they Polygon and Ethereum blockchains. This documentation includes information about the benefits of using Polygon as well as step by step instructions to use the Bridge.

[**To participate in staking programs**](https://docs.sandbox.game/en/owners/staking), your SAND must be on the Polygon network.

[^1]: A token is a digital asset that represents ownership of something with value. The value is determined by the interest in and use of the token.