Coincheck becomes first Japanese exchange service to list SAND, the utility token of The Sandbox metaverse
The Sandbox is the first metaverse project to be listed by a crypto exchange in Japan
24 May 2022: Animoca Brands, the company advancing digital property rights for gaming and the metaverse, and its subsidiary The Sandbox, a leading decentralized virtual world, are pleased to announce the listing of SAND on Coincheck, the largest crypto trading service in Japan. SAND is the utility token and in-game currency of The Sandbox, and is continuing to expand its global footprint. With the listing announced today, Coincheck becomes the first Japanese crypto exchange to handle SAND.
Starting today, Coincheck, Inc. lists SAND on its crypto trading service in the trading pairs of SAND/JPY and SAND/BTC. For more details, visit coincheck.com.
The Coincheck listing is part of The Sandbox’s plan to make the SAND token easily accessible to growing numbers of players around the world in order to boost the continued growth of its open metaverse.
By adding SAND to its listed tokens, Coincheck continues to expand the range of crypto assets it handles as it seeks to improve the usability of its services and create new services in order to achieve its mission of making new value exchange more accessible.
Coincheck, Inc. offers a crypto asset exchange service with the highest number of app downloads(*) in Japan and more than 1.6 million verified accounts (**). With a mission to make the exchange of new value easier, Coincheck is working to develop better services created from crypto assets and blockchain.
* As of 2021, source App Tweak
**As of April 31, 2022
Headquarters: 3-6 Maruyamacho, Shibuya-ku, Tokyo 150-0044
Date of establishment: August 28, 2012
President: Satoshi Hasuo
License: Registered Cryptocurrency Exchange Operator (Registration No. 00014, issued by the Director of the Kanto Local Finance Bureau)
Corporate Website: https://corporate.coincheck.com
SAND is an ERC20 token issued on Ethereum and distributed in The Sandbox metaverse game world. The Sandbox is built on the Ethereum blockchain, and users can use SAND to participate in the game and purchase items while controlling their avatars. SAND will also serve as a governance token for future participation in the game operations of The Sandbox.
About The Sandbox
The Sandbox, a subsidiary of Animoca Brands, is one of the decentralized virtual worlds fueling the recent growth of virtual real estate demand, having partnered with major IPs and brands including Warner Music Group, Ubisoft, The Rabbids, Shibuya 109, Gucci Vault, The Walking Dead, Snoop Dogg, Adidas, Deadmau5, Steve Aoki, Richie Hawtin, The Smurfs, Care Bears, Atari, ZEPETO, CryptoKitties, and more. Building on the existing The Sandbox IP that has more than 40 million global installs on mobile, The Sandbox metaverse offers players and creators a decentralized and intuitive platform to create immersive 3D worlds and game experiences and to safely store, trade, and monetize their creations. The Sandbox has more than 300 employees and offices in Hong Kong, Korea, Malta, France, UK, US, Argentina, and Uruguay. For more information, please visit www.sandbox.game and follow the regular updates on Twitter, Medium, and Discord.
About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain, and gamification that is working to advance digital property rights. It develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. The company has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Grease Monkey Games, and Eden Games. Animoca Brands has a growing portfolio of more than 200 investments in NFT-related companies and decentralized projects that are contributing to building the open metaverse, including Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others. For more information visit www.animocabrands.com or follow on Twitter or Facebook.