TSB Gaming has partnered with cryptocurrency exchange Binance to launch a new IPO of the virtual world game’s SAND coin “The Sandbox.”

Information about Binance’s new subscription to the SAND cryptocurrency

SAND coin will be available for sale on Binance Launchpad on August 13th.

Cryptocurrency exchange Binance users who have BNB in ​​their wallet will have the opportunity to join the lottery that will result in winners with access to SAND coin.

Binance has told that it will measure the average holding of BNB by users over a 7-day period.

Only 15,000 people will be able to buy SAND coin.

Investors who win a single ticket can buy $200 worth of 24,000 SAND coins for each winning ticket, the number of tickets obtained depends on the value of BNB held.

Read:What is SafeMoon coin? And why should you be wary of it?

In total, there will be 360 ​​million SAND for sale through the Binance IPO platform.

Knowing that one SAND equals $0.008333.

For TSB Gaming, this is an ideal way to determine the market value of their SAND coin.

Obviously, the value can go down and up over time depending on supply, demand, and the traders’ appetite for the currency.

The total supply of SAND coins is 3 billion units and the currency can be obtained through in-game activities.

When the expected Sandbox game launches by the end of this year, users will be able to use the currency for all kinds of other purchases outside of the game.

With currency, you can also buy items and order actual products through in-game web stores.

In addition to the SAND currency, The Sandbox offers more investment opportunities, as players, designers, development studios, shop owners and other people can be owners of land within the Sandbox.

Yesterday the first round of the final pre-sale of in-game lands began.

There are only a few plots of land left for sale, and the date of the next round has not yet been determined.

Read:The founder of Twitter announces the creation of a new division in “Square” focused on Bitcoin

However, game designers and creators can register for future land sales over here.

What is the Sandbox Project?

The Sandbox project is one of the projects that introduces a world of virtual games powered by the blockchain.

Read:Ripple continues to thrive outside the US despite SEC hurting its business domestically

Beta testing of the project will be launched later this year, but before that time there will be more than one pre-sale.

During the pre-sale period, companies and investors can purchase virtual land with discounts.

The Sandbox’s virtual world is made up of lands, and the lands populate the game’s pixels.

In terms of design the game is somewhat similar to Minecraft, as both games have a look inspired by Lego pieces.

TSB Gaming offers free tools for developers, gamers, and content creators.

Content creators can use “VoxEdit” to create in-game objects. In addition, Game Maker allows users to create interaction on their virtual territory.

Read also:

A Crypto game similar to Pokemon now offers players the possibility to earn real gold

How to earn cryptocurrency with Flappy Bird