SAND also allows users to participate in the governance of the Sandbox network through a DAO, also known as a Decentralized Autonomous Organization.
Yes, SAND gives players the right to vote or delegate the vote right to other users.
Users may vote on importance matters such as distributing funds to incentivize content and game creators or to speed up the creation of features on the platform’s roadmap.
SAND holders can also have a say in what features take priority in Sandbox’s roadmap.
Essentially, it’s a method that ensures democracy.
Central governments often get in the way of innovation and investment. This is why a new decentralized platform like the Sandbox is so exciting.
Generally speaking, the metaverse is built on blockchain technology which relies on features like cryptocurrencies and NFTs – both of which are decentralized.
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