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Latest cryptocurrency news > ALTCOIN > Sandbox Empowers Users on Ethereum
ALTCOIN

Sandbox Empowers Users on Ethereum

BH NEWS
Last updated: 13 June 2024 15:35
BH NEWS 1 year ago
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Sandbox, a decentralized virtual game world on the Ethereum Blockchain, offers players the ability to purchase digital plots, termed LAND, and craft unique experiences. This platform utilizes three token types: LAND, SAND, and ASSET, each serving distinct functions within its ecosystem. LAND tokens represent virtual real estate, SAND tokens facilitate transactions and governance, and ASSET tokens denote in-game items. Users can create and trade these items as ERC1155 tokens in the marketplace using tools like Voxel Editor and Game Creator.

Contents
What is Sandbox (SAND)?How to Buy Sandbox (SAND) with TRY?Practical Insights for UsersWhat is Binance TR?

What is Sandbox (SAND)?

Sandbox operates on the Ethereum Blockchain, enabling players to buy LAND and develop unique interactive experiences. Its core consists of three token types: LAND, SAND, and ASSET. LAND tokens are NFTs representing virtual real estate, while SAND tokens are used for various transactions and governance through staking. ASSET tokens are NFTs representing in-game items which can be traded in the marketplace.

The Ethereum Blockchain ensures secure and transparent transactions by tracking the ownership of LAND and ASSETS. Users interact with the ecosystem using Ethereum wallets that store SAND tokens.

How to Buy Sandbox (SAND) with TRY?

For Turkish investors, Binance TR is the recommended platform for purchasing Sandbox (SAND). The exchange supports over 100 cryptocurrencies and allows quick transactions. To buy SAND with Turkish Lira (TRY) on Binance TR, one must first create and verify an account, deposit TL, and then proceed to purchase SAND.

Practical Insights for Users

Here are some actionable tips for navigating Sandbox:

  • Use the Voxel Editor to design detailed 3D items.
  • Create interactive games on your LAND using the Game Creator tool.
  • Trade your ASSET tokens in the marketplace for SAND tokens.
  • Participate in governance by staking your SAND tokens.

What is Binance TR?

Launched in 2020, Binance TR is the Turkish arm of the world’s largest cryptocurrency exchange by trading volume. It provides fiat-to-crypto and crypto-to-crypto trading, leveraging Binance’s technology and security. Users can deposit and withdraw TRY through direct bank channels and trade various cryptocurrencies with TRY trading pairs. Binance TR employs advanced security protocols, custody solutions, and risk controls to ensure user safety.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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