Question 1

What is SAND?

Accepted Answer

SAND is The Sandbox's native ERC-20 utility and governance token. It can serve both as a medium of exchange within the ecosystem and in connection with DAO governance participation; token utility is not equivalent to holders having equity in The Sandbox company or its revenue.

Question 2

What is SAND used for in The Sandbox?

Accepted Answer

SAND can be used in The Sandbox ecosystem to purchase or trade NFTs such as LAND, avatars, equipment, assets, and passes, and can also be used for creator collaboration fees and settlement for voxel creations in the marketplace. Whether a particular item supports SAND, as well as the specific network and product availability, should be determined by current platform functionality.

Question 3

How can SAND holders participate in governance?

Accepted Answer

Yes. SAND holders can participate in governance within the scope of The Sandbox DAO, such as by expressing views on the allocation of funding for foundation-supported content and game creators, roadmap feature priorities, and related matters; they can also delegate voting power to other players. Delegated voting means that the delegate votes on the holder's behalf and does not change ownership of the tokens themselves.

Question 4

What are SAND's supply and burn arrangements?

Accepted Answer

SAND has a maximum supply of 3 billion tokens. Maximum supply is a protocol-defined cap and is not equivalent to the circulating supply at any given time; the official documentation also states that there are no plans to burn SAND in the future, so burn expectations should not be treated as an established supply mechanism.

Question 5

Is SAND a stablecoin?

Accepted Answer

No. SAND is not a stablecoin designed to maintain a fixed exchange price; its market price can change with buying and selling supply and demand and other market conditions. Neither maximum supply nor ecosystem utility guarantees price stability.

Question 6

In which network environments can SAND be used?

Accepted Answer

SAND is an ERC-20 token on Ethereum; official documentation also states that it can be used in Ethereum and Polygon network environments. When using it across networks, users need to confirm the products, asset versions, and platform support involved, and should not assume that identically named tokens or NFTs on any network can interoperate directly.

Question 7

What is the relationship between ecosystem activity and SAND's utility?

Accepted Answer

SAND's ecosystem utility is connected to in-platform transactions and creator activities: when users use SAND to transact in relevant digital assets or services, the token can serve as a settlement medium. This utility describes scenarios in which the token may be used; it does not mean that transaction volume, the number of creators, or platform functions will automatically translate into token demand or price appreciation.

Question 8

How are marketplace royalties in the ecosystem used?

Accepted Answer

The Sandbox documentation states that royalties from certain marketplace sales are contributed to the foundation to support ecosystem arrangements such as creator grants, staking, and rewards. This flow of funds describes ecosystem-level uses; whether a specific program exists, participation eligibility, and outcomes must be determined under the current rules. It should not be used to infer that all SAND holders will receive fixed returns.

Question 9

What should be noted before using SAND?

Accepted Answer

Before purchasing or using SAND, users should confirm the network on which the token is held, whether the target marketplace or function supports that network, and distinguish between scenarios such as NFT transactions, DAO voting, and ecosystem rewards. SAND's price can fluctuate, and governance or ecosystem arrangements are also subject to applicable rules; no use case should be treated as principal-protected or as providing fixed returns.

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