The Sandbox

The Sandbox is a virtual world run by an Animoca Brands subsidiary; SAND is its token for purchases, staking and governance.

The Sandbox is a virtual world where creators build voxel items and games and players visit them. It grew out of a 2012 mobile game; Animoca Brands bought the studio in 2018 and its subsidiary TSB Gaming runs the blockchain version. SAND is the ERC-20 token used to pay for land, items and games and to vote in its DAO.

SAND has a fixed supply of 3 billion, almost all in circulation. Under the whitepaper, a 5% fee on SAND transactions is split between stakers and the Foundation, and staking SAND earns more SAND and items needed for creation. The whitepaper also describes paid-entry contests where the winner takes the prize pool.

The SEC named SAND as a security in its 2023 cases against Binance and Coinbase; both were dismissed in 2025. The Sandbox is building its own network, SANDchain. On 1 October 2026 SAND traded more than 99% below its 2021 high.