Understand the issuance price and total issuance of SAND coins in one article

The Sandbox (SAND) coins were initially issued at a price of $0.008 during their public sale on August 13, 2020, and have a total issuance of 3 billion coins.

Oct 07, 2024 at 02:42 am

Understanding SAND Coin's Issuance Details

1. Issuance Price

The Sandbox (SAND) tokens were initially issued at a price of $0.008 during their public sale on August 13, 2020.

2. Total Issuance

The total issuance of SAND coins is 3,000,000,000. This includes:

Public Sale: 1,200,000,000 SAND
Team and Advisors: 440,000,000 SAND
Community Development: 140,000,000 SAND
Seed and Private Sale: 200,000,000 SAND
Ecosystem Fund: 800,000,000 SAND
Company Reserve: 220,000,000 SAND

3. Token Distribution

The following table shows the distribution of SAND tokens:

Category	Percentage	Tokens
Public Sale	40%	1,200,000,000
Team and Advisors	14.67%	440,000,000
Community Development	4.67%	140,000,000
Seed and Private Sale	6.67%	200,000,000
Ecosystem Fund	26.67%	800,000,000
Company Reserve	7.33%	220,000,000

4. Token Release Schedule

The SAND tokens have a phased release schedule:

Public Sale Token Unlock: 25% unlocked at TGE (Token Generation Event), with the remaining 75% released on a vesting schedule over the next 4 years.
Team and Advisors Tokens Unlock: 5% unlocked at TGE, with the remaining 95% released on a vesting schedule over the next 4 years.
Community Development Tokens Unlock: 10% unlocked at TGE, with the remaining 90% released on a vesting schedule over the next 4 years.
Seed and Private Sale Tokens Unlock: 10% unlocked at TGE, with the remaining 90% released on a vesting schedule over the next 4 years.
Ecosystem Fund Tokens: Released gradually over 4 years to support the growth of the SAND ecosystem.
Company Reserve Tokens: Held by the team for company operations and long-term development.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

FU

$0.0...03200

161.17%

Trade Now
ANT

$1.8659

46.47%

Trade Now
LMT

$0.0745

29.54%

Trade Now
$AKUMA

$0.0...01275

23.60%

Trade Now
VVV

$6.3782

21.68%

Trade Now
AI16Z

$0.3429

19.41%

Trade Now

Latest Crypto News

Maximize Your Crypto Investment: Discover the Power of XRP and Avoid Pitfalls!
2025-02-08 01:56:04
Bitcoin Mining Difficulty Will Jump This Sunday, Data Shows
2025-02-08 01:56:04
Coinbase Adds Morpho (MORPHO), Pudgy Penguins (PENGU), and Popcat (POPCAT) Tokens to Its Roadmap
2025-02-08 01:56:04
Solana (SOL) Price Prediction 2023: Can SOL Recover Its ATH?
2025-02-08 01:56:04
Rexas Finance (RXS) Token Is Gaining Momentum With an 8x Surge, Drawing Investor Interest Ahead of Its June 2025 Launch
2025-02-08 01:56:04
Arctic Pablo Coin (APC): A Top Meme Coin Contender With a Deflationary Mechanism and Promising Presale
2025-02-08 01:56:04

Related knowledge

nft digital collection trading platform

Jan 06,2025 at 07:19pm

The Ultimate Guide to NFT Digital Collection Trading Platforms: A Comprehensive OverviewKey Points:Understanding Non-Fungible Tokens (NFTs) and their significance in digital art collectionDetailed analysis of leading NFT digital collection trading platformsFactors to consider when choosing an NFT trading platformComprehensive guide to conducting NFT tra...

How much is 1 NFT coin in RMB?

Jan 08,2025 at 11:15pm

Key Points:Understanding NFT Coins and Their Value PropositionConversion of NFT Coins to RMBValue Fluctuations and Market DynamicsFactors Influencing NFT Coin PricesOther Considerations: Crypto Exchanges and MarketplacesHow Much is 1 NFT Coin in RMB?1. Understanding NFT Coins and Their Value PropositionNFT (Non-Fungible Token) coins represent unique dig...

How to play nft digital collection

Jan 03,2025 at 11:23pm

Key Points:Understanding Non-Fungible Tokens (NFTs) and their significance in the digital art realmIdentifying potential NFT platforms for digital art collectionExploring the process of purchasing and storing NFTsManaging and appreciating the value of an NFT collectionTips for maximizing the potential of NFT digital art collectingComprehensive Guide to ...

What are the foreign NFT trading platforms?

Jan 05,2025 at 08:21pm

Key Points:Definition and Benefits of Foreign NFT Trading PlatformsTop 5 Foreign NFT Trading PlatformsHow to Choose the Right Foreign NFT Trading PlatformTop Foreign NFT Trading Platforms by CategoryArticle Content:1. Definition and Benefits of Foreign NFT Trading PlatformsA foreign NFT trading platform is an online marketplace that enables users to buy...

What are the domestic NFT trading platforms?

Jan 05,2025 at 03:35pm

Key Points:Overview of domestic NFT trading platformsCharacteristics and advantages of different platformsMarket share and trading volumeIndustry trends and regulatory considerationsIntroduction:The NFT (non-fungible token) market has gained significant traction in China, with a growing number of domestic trading platforms emerging to cater to the incre...

What does nft secondary market mean?

Jan 08,2025 at 12:34am

Key Points:Understanding NFT Secondary MarketBenefits of Trading NFTs on Secondary MarketsTop NFT Secondary MarketplacesRisks Associated with NFT Secondary TradingGuide to Buying and Selling NFTs on Secondary MarketsTips for Maximizing Profits and Mitigating Losses in NFT Secondary TradingNFT Secondary Market DefinitionThe secondary market for non-fungi...