Coin info
Rank
Market Cap
Volume (24h)
Circulating Supply
Total Supply
Do you think the price will rise or fall?
Rise 40%
Fall 60%
Price perfomance
$0.00
0%
$∞
Range 24H
$∞
Depth of Market
Depth +2%
Depth -2%
Rise 40%
Fall 60%
$0.2814
#154
$664,603,319
$105,065,881
2,445,857,126.23
3,000,000,000
Rank #143
$0.01625
+0.82%
Rank #169
$0.2908
+0.75%
Rank #413
$15.27
+3.8%
Rank #443
$0.1131
+12.07%
Rank #1026
$0.4048
+5.23%
Rank #1105
$0.06862
+8.94%
Rank #1133
$0.004485
+0.17%
Rank #1348
$0.0009250
-2.1%
Rank #1416
$0.9611
+1.57%
Rank #1572
$0.1060
+16.69%
Rank #2430
$0.3056
+0.10%
Rank #11873
$0.052
+0%
The Sandbox is a community-driven platform where creators can monetize voxel ASSETS and gaming experiences on the blockchain. SAND is the utility token used throughout The Sandbox ecosystem as the basis of transactions and interactions. It is an ERC-20 utility token built on the Ethereum blockchain. There is a finite supply of 3,000,000,000 SAND.
29 Aug 2025, 07:30
The developers of the Ethereum-based metaverse game The Sandbox (SAND) have responded to the recent claims that the “founding partners have been dismissed” and “the company is downsizing.” According to cryptocurrency media reports, The Sandbox co-founders Arthur Madrid and Sébastien Borget have been moved from their management roles to other positions. It was also reported that Robby Yung, CEO of parent company Animoca Brands, was appointed as The Sandbox's new CEO two weeks ago. The allegations also claimed that more than half of the company's 250-person staff had been laid off and five or six offices had been closed. Related News: Ethereum Founder Vitalik Buterin Gives Date for Potential Deadly Threat Facing Cryptocurrencies The Sandbox team, in its official statement, emphasized that the news reports contained “inaccurate and out-of-context statements.” The statement included the following: The co-founders' roles: Arthur Madrid is now the CEO of The Sandbox, and Sébastien Borget is the global ambassador. Borget will continue to represent the platform globally. New CEO: Robby Yung, CEO of investments at Animoca Brands, has been appointed as the new CEO of The Sandbox. Yung has been closely involved with the project since the Animoca-Sandbox merger in 2018. Structural changes: The company has shifted to a more “efficient and agile” team structure, focusing on AI-powered game development and operations. As a result, some locations have been closed. However, developers have stated that most of the reportedly closed offices are actually small-scale spaces run by one to three freelancers. The Sandbox still maintains an official presence in nine different locations. Future plans: The Sandbox and Animoca Brands maintained that they will remain committed to their mission of empowering content creators and that there will be no changes to the SAND, LAND, and NFT ecosystems. The statement said, “The Sandbox is not closing; we remain fully committed to the project.” The developers maintained that, contrary to speculation, The Sandbox has not deviated from its core goals and that efforts to grow the ecosystem are ongoing. *This is not investment advice. Continue Reading: Developers Finally Release Statement Regarding Rumors of Major Altcoin Shutting Down
28 Aug 2025, 12:39
The Sandbox layoffs: The Sandbox co-founders Arthur Madrid and Sebastien Borget have moved into strategic roles as the platform restructures with AI-driven efficiency and staff reductions; Madrid is now chairman
28 Aug 2025, 11:17
Quick Highlights The Sandbox to cut 50% of staff and revamp leadership. Platform suffers low engagement despite $300M in funding. New Base blockchain memecoin platform expected soon. The Sandbox to Slash Workforce and Revamp Leadership Amid Low Engagement Metaverse platform The Sandbox is set to cut more than 50% of its team and undergo a major leadership change, The Big Whale co-founder Gregory Raymond announced. According to Raymond, project co-founders Sebastian Borges and Arthur Madrid no longer hold management positions. They will be replaced by Animoca Brands CEO Robbie Young, who will now lead The Sandbox. Overall, the company plans to lay off more than half of its 250 employees and close offices in Argentina, Uruguay, South Korea, Thailand, Turkey, and soon in Lyon. Low User Engagement Drives Radical Overhaul Raymond explained that the sweeping changes are a response to low platform engagement. Despite $300 million invested over the past eight years, The Sandbox now has just a few hundred daily active users — most of which are bots. The co-founder also revealed that a new platform for memecoins on the Base blockchain is expected to launch soon, signaling a strategic pivot for the company. SAND Token Struggles Amid Shakeup The SAND project token has fallen about 97% from its all-time high and is currently trading near $0.28, reflecting investor concerns over the platform’s declining activity. The changes mark a critical moment for The Sandbox as it seeks to regain momentum and reshape its role in the evolving metaverse landscape.
28 Aug 2025, 03:45
BitcoinWorld The Sandbox Undergoes Drastic Restructuring: 50% Staff Cut, Founders Exit Significant news has just emerged from the metaverse giant, The Sandbox , signaling a pivotal moment for the platform. The company is embarking on a major organizational restructuring, which includes substantial workforce reductions and a significant shift in its leadership structure. This move marks a critical juncture for one of the most prominent players in the Web3 space. What’s Happening at The Sandbox ? The Sandbox is undergoing a comprehensive overhaul, impacting its operational framework and personnel. The most immediate and striking change involves a 50% reduction in its workforce. This decision reflects a strategic pivot, aiming to streamline operations and enhance efficiency amidst evolving market conditions. Moreover, the restructuring extends to the very top of the organization. Co-founders Arthur Madrid and Sebastien Borget are stepping down from their leadership roles. This development signals a new chapter for The Sandbox , moving away from its founding management to embrace fresh leadership. A New Era for The Sandbox Leadership With the departure of its co-founders, The Sandbox is preparing for a new leadership era. Robby Yung, an executive from the company’s investment division, is set to assume the role of the new CEO. Yung brings a wealth of experience from the investment side, which could steer the platform in a new strategic direction focused on sustainable growth and investor confidence. This leadership transition is a critical component of the broader restructuring effort. It suggests a renewed focus on specific strategic objectives, potentially leveraging Yung’s expertise to navigate the complex landscape of the metaverse and Web3 industries. The shift aims to ensure The Sandbox remains competitive and resilient. Why is The Sandbox Restructuring Now? The decision by The Sandbox to implement such a drastic restructuring likely stems from a combination of factors. The broader crypto market has faced headwinds, impacting investment and user engagement in many Web3 projects. Companies often respond to these challenges by optimizing their operations to ensure long-term viability. Market Adaptation: Adjusting to the current economic climate and the evolving metaverse landscape. Efficiency Gains: Streamlining teams to focus resources on core development and strategic initiatives. Strategic Re-evaluation: A potential shift in the platform’s long-term vision and development roadmap. Investor Confidence: Demonstrating fiscal responsibility and a clear path to profitability or sustainability. These changes are not uncommon in nascent industries like Web3, where rapid growth is often followed by periods of consolidation and strategic recalibration. For The Sandbox , this could mean a more agile and focused approach moving forward. What Does This Mean for The Sandbox Users and Investors? For the millions of users and investors in The Sandbox ecosystem, these changes naturally raise questions about the future. While organizational shifts can be unsettling, they often pave the way for renewed innovation and stability. A leaner, more focused team under new leadership might accelerate key developments and improve user experience. Investors will closely watch how these changes impact the SAND token and the overall health of the platform. A clear strategic vision and effective execution by the new leadership team could restore confidence and foster growth. Conversely, any missteps could lead to further uncertainty. Transparency from The Sandbox will be crucial during this transition. The restructuring at The Sandbox represents a significant moment for the platform and the broader metaverse industry. With a reduced workforce and new leadership at the helm, the company is clearly preparing for a new chapter. While the immediate impact includes staff cuts and founder departures, the long-term goal appears to be a more efficient, strategically focused, and resilient platform ready to navigate the future of Web3. Only time will tell how these bold moves will shape the trajectory of The Sandbox . Frequently Asked Questions (FAQs) Q1: Why is The Sandbox cutting staff? A1: The Sandbox is cutting staff as part of a major organizational restructuring aimed at streamlining operations, enhancing efficiency, and adapting to evolving market conditions in the broader crypto and Web3 space. Q2: Who is the new CEO of The Sandbox? A2: Robby Yung, an executive from The Sandbox ‘s investment division, is set to take over as the new CEO, replacing co-founders Arthur Madrid and Sebastien Borget. Q3: What will happen to the co-founders of The Sandbox? A3: Co-founders Arthur Madrid and Sebastien Borget will step down from their leadership roles as part of the organizational changes. Q4: How might this restructuring impact the SAND token? A4: Organizational changes can introduce volatility. However, a successful restructuring leading to improved efficiency and a clear strategic vision could positively impact investor confidence and the SAND token’s long-term stability and growth. Q5: Is The Sandbox still a viable metaverse platform? A5: Yes, The Sandbox remains a prominent metaverse platform. This restructuring is a strategic move to ensure its long-term viability and competitiveness in the rapidly evolving Web3 industry. If you found this article insightful, consider sharing it with your network! Help us spread the word about the latest developments in the crypto and metaverse world by sharing on your favorite social media platforms. To learn more about the latest crypto market trends, explore our article on key developments shaping the metaverse institutional adoption . This post The Sandbox Undergoes Drastic Restructuring: 50% Staff Cut, Founders Exit first appeared on BitcoinWorld and is written by Editorial Team
