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The $SAND Token | Sandbox Crypto MOON & Danger.

20m 49s3,811 words554 segmentsEnglish

FULL TRANSCRIPT

0:00

we're a little over 48 hours away from

0:01

black friday night use that black friday

0:03

coupon link down below price goes up 11

0:05

59 friday evening for the programs on

0:07

building your wealth lifetime access hey

0:09

everyone me kevin here we gotta do some

0:10

talking about sand and the sand token

0:13

because holy moly i started researching

0:16

this video on friday and folks i wish i

0:20

just bought the token on friday because

0:23

i would have been up

0:25

double by now in fact even if i had just

0:28

posted my video on monday i would have

0:31

been up

0:32

70

0:33

if i bought it then

0:35

but i didn't i filmed my video monday

0:38

didn't really like it and then decided

0:40

not to post the video and so here i am

0:43

now so mowing being sad and having

0:47

sadness of missing out somo now i want

0:50

to be clear that i still don't own any

0:52

sand token which could be really stupid

0:53

but we're going to talk about why sand

0:55

is running in this video we're going to

0:57

talk about some potential projections uh

1:00

going forward for the sand token so

1:03

let's take a look at this here we go all

1:05

right first thing you got to know is

1:07

it's the 32nd largest crypto token right

1:09

now it's up 42.8 percent on the day at

1:12

the time of this recording it's at 7 and

1:14

85 cents

1:15

if i had just bought it on either friday

1:18

or monday or something of that effect i

1:20

would have paid somewhere around 3.90

1:22

for it which is a solid

1:24

double so why is this running why is

1:27

this with a 7 billion dollar market cap

1:30

running while at the same time we've got

1:32

axi infinity not moving as much but we

1:35

do have decentraland moving up 30

1:39

and at the very same time other tokens

1:41

like sheba are dropping down to 37.

1:44

we've got uh avax down 8.5 percent

1:47

cardano down eight percent today solana

1:50

down 7.3 percent you've got bitcoin and

1:53

ethereum down fractionally today why are

1:56

things like decentralized and sandbox

1:57

running well folks it is because of the

1:59

metaverse and a really big d day coming

2:03

up for the sandbox token this could

2:05

potentially keep this uh excitement

2:07

moving for a little bit take a look at

2:08

this folks

2:09

the sandbox game get ready for the

2:12

metaverse folks in order for you to sign

2:15

up for this you're going to need a

2:16

wallet to connect to so if you don't

2:18

have a wallet yet i highly recommend you

2:20

get something like a meta mask

2:23

not a sponsored uh metamask is basically

2:27

a

2:28

decentralized a wallet that you can use

2:31

and uh it allows you to purchase and

2:33

trade tokens much like uh well i mean

2:36

some of the centralized brokerages like

2:38

coinbase uh but it's decentralized and

2:42

you can connect your wallet using a

2:44

simple little add-on here to your chrome

2:47

extension so i'm gonna copy and paste my

2:49

password into here open this thing up uh

2:52

you can see i have four dollars and 88

2:54

cents right now on my meta mask but it's

2:56

really neat because if you wanted to

2:57

register to connect you're going to have

2:59

to log in

3:01

with your metamask and what's very

3:03

exciting right now i'm actually already

3:04

logged in what's very exciting about the

3:07

sandbox game is that this game is a

3:10

minecraft style game

3:13

that you can buy

3:15

land in and by buying land you are

3:18

buying plots of digital real estate

3:21

within this game that you can then make

3:23

money from by renting them out or having

3:26

digital experiences built on top of your

3:28

land so think about it like if you had

3:30

an in-game casino built on your land you

3:32

as the landowner get rent for that so

3:35

there's a big land rush right now and

3:38

what's been so exciting is individuals

3:40

have gone to this land map here and what

3:42

they've been doing is they've been

3:44

looking for

3:45

locations that are near things that they

3:48

think might end up being popular so for

3:50

example if you think that the german

3:53

flag plot of land that says germany

3:56

crypto and gaming located at 4840 is

4:00

going to be popular you might click on

4:02

the land next to germany and click bid

4:06

and now you could place a bid in sand to

4:09

bid on the nft you could also find land

4:12

for sale on openc uh see look find lands

4:16

on openc you just want to make sure

4:18

anytime you use openc to buy something

4:20

that you're looking for verified

4:22

collection items because sometimes

4:24

you'll see scammers that are reselling

4:26

these and they don't have the check mark

4:27

so you want to be a little bit careful

4:28

with that but anyway one of the things

4:30

that we can do here is we can go to

4:32

recently sold and get a little bit of a

4:35

peek of some recently sold land pieces

4:38

so for example here's one that recently

4:40

sold for 3.5 ethereum well three

4:43

ethereum's worth about 12 grand right

4:45

now right here's one that sold for 4.4

4:47

so somewhere around 16 to 18 000

4:51

so a lot of enthusiasm clearly going

4:54

into these different plots of land i

4:55

imagine a lot of speculation as well one

4:57

thing that you can do with this game as

4:59

well is you can create artwork for this

5:02

game and if you create artwork you can

5:05

list it on the sandbox marketplace now

5:08

you do have to pay to list on the

5:10

sandbox marketplace we'll talk about

5:12

some of the different tokenomics in just

5:14

a moment we're not going to go super

5:15

super deep on those but here you can see

5:17

a smiling smurf for example there's one

5:20

out of one

5:21

is is selling for about three thousand

5:23

three hundred dollars if we go over here

5:25

instead of going to newest we go to

5:26

let's say highest price we can see a

5:29

robot incubator is going to set you back

5:31

about eighty three thousand dollars and

5:33

a croco poco is gonna set you back also

5:35

about eighty three thousand dollars

5:36

what's really weird is when i first

5:38

started filming this these were like 37

5:41

000

5:43

so uh clearly uh digital pixels are

5:47

going to the moon here now it's not just

5:49

digital pixels though because this set

5:52

of digital pixels comes to you folks

5:56

via the metaverse and a game that you'll

5:57

actually be able to play and this is

6:00

what has folks really really excited

6:02

because the alpha for this game is

6:04

launching november 29th and it's only

6:07

going to be available between november

6:08

29th and december 20th now you can see a

6:11

lot of gameplay footage for this online

6:13

to see kind of what this looks like

6:15

but what's most important is that if you

6:18

want to sign up to be a part of the

6:21

alpha and again hashtag not sponsored

6:23

here okay doesn't matter to me i'm not i

6:25

don't own any coins and and we'll talk a

6:27

technical analysis uh in just a moment

6:29

to determine whether i would actually

6:31

buy any at this point so um

6:35

what what you're going to want to do is

6:37

you're going to want to register with

6:38

your metamask and you're going to want

6:40

to be signed up for their notifications

6:43

to your email so that way you can

6:45

participate in community-based events

6:48

that's because on the 29th they're going

6:51

to give

6:52

they're going to do an alpha raffle so

6:54

raffle for you to get access to their

6:55

alpha now keep in mind alphas usually

6:57

have a lot of bugs they come before

6:58

betas right only 5 000 users are going

7:01

to be able to get in

7:02

1 000 land owners are going to be able

7:05

to get in so this is sort of an

7:06

indication that landowners are going to

7:08

have a much higher likelihood of

7:10

actually getting into the game this is

7:13

also why the price of land plots has

7:16

substantially been been going up

7:19

which makes sense because i think a lot

7:20

of people are going to want to try

7:22

playing sand but only 5 000 are going to

7:24

get in it is possible that you're going

7:27

to be able to buy in the secondary

7:29

market alpha passes from people who are

7:31

wanting to resell them presumably on

7:34

uh on open c is where you'll be able to

7:36

buy these

7:37

so the three ways to get

7:40

to get access to this game right now are

7:42

either re-buying raffles being a land

7:45

owner and winning in the raffle or

7:48

participating in community-based events

7:50

so i'm just playing a little bit of a

7:51

teaser here in the background

7:52

participating community-based events

7:55

are going to allow

7:56

four 4 000 additional raffles

8:00

alpha raffles essentially to be released

8:03

and that's because the sandbox team is

8:05

going to release 18 different

8:07

experiences

8:09

over the next uh over the alpha period

8:12

and so here you can kind of see what

8:13

some experiences might look like within

8:15

the game whether the concerts or

8:16

whatever they might be they're going to

8:18

release one new experience every weekday

8:21

until december 20th and if you sign up

8:24

via email you'll get notified for these

8:27

experiences and you can sign up going to

8:28

sandbox.game to experience these you can

8:30

actually play to earn you can earn up to

8:33

1 000 sand uh which sand right now is

8:36

about 8 so that's about 8 grand that you

8:38

could earn playing this game if the

8:41

value of the coin stays stable it's kind

8:44

of like axi infinity which i've actually

8:46

got 40k invested in

8:48

where we are essentially hiring people

8:51

from the philippines to make more money

8:54

playing a game uh

8:58

to get a smooth love potions which have

9:00

value because they're nfts and have

9:02

values uh or have value and uh and we're

9:06

essentially splitting profit 70 30

9:10

with uh people who are playing a video

9:12

game this is all through axi infinity

9:14

and so there's a lot of excitement

9:16

around the metaverse in sandbox

9:18

potentially being something like an axi

9:22

infinity so

9:23

the coin and tokenomics

9:26

are a little tricky i think they'll make

9:28

a whole lot more sense when the game

9:30

actually launches for example there's

9:32

the sand token this is the primary main

9:34

utility token it's also the governance

9:36

token this is used for buying and

9:39

selling gems and catalysts or things

9:43

like nfts which are either land or

9:46

assets so let's break this down a little

9:49

bit

9:50

sand is your overall utility token that

9:52

you can use to buy other things

9:55

if you buy

9:57

land then you can rent out that land but

10:00

you can also place assets on top of that

10:02

land assets are like art or things that

10:05

can have a function that are programmed

10:07

into the game

10:09

catalysts and gems these get a little

10:12

bit more tricky so gems

10:14

allow you to create

10:16

assets okay so if you wanna upload an

10:20

asset into the marketplace and sell it

10:22

you're gonna have to use sand

10:23

to buy gem spend gem

10:27

and then your gem burns

10:29

catalysts are kind of interesting

10:31

because catalysts allow you to add

10:35

special features like gem sockets to

10:38

your nfts to be able to enable your nfts

10:41

to have more value the higher quality

10:44

the catalyst the more sockets you get

10:47

i think all of these different coins

10:49

honestly will make a whole lot more

10:51

sense if you end up actually playing the

10:52

game i'm interested in potentially

10:55

trying to see if in the second either

10:56

through the community events i can get

10:58

access to this game or i could buy an

11:00

alpha pass on the secondary market once

11:02

the game actually launches the game's

11:03

gonna be out for three weeks right

11:06

so anyway the uh land is an erc 721

11:10

which is your basic nft standard sand

11:12

gem and catalyst or erc20 those are your

11:15

basic utility tokens assets are based on

11:18

the newer erc

11:19

1155 this is a really

11:23

a standard that supports nfts and

11:25

fungible tokens fungible tokens of

11:27

course just being generic tokens like a

11:29

bitcoin or ethereum they're not

11:30

differentiated between each other right

11:32

remember an nft non-fungible means it's

11:35

unique it's not something that's copy

11:37

and pasted over and over again but

11:39

anyway this is also a faster and more

11:40

efficient

11:43

well standard and this allows batch

11:45

processing so that way you can reduce

11:47

some free some fees kind of like using a

11:49

single smart contract to be able to mint

11:51

multiple different nfts so a lot of

11:54

excitement around this really a lot of

11:55

excitement so

11:57

is there a potential that this is going

11:59

to be a rug pull of a game

12:02

absolutely

12:04

i don't think so uh this has by no means

12:08

been anywhere near as shady and i don't

12:10

even know that i could really attest any

12:12

level of shadiness to this like with the

12:14

uh squid token i mean spelling errors uh

12:18

very very shady tokenomics needing to

12:20

get marbles uh to actually sell your

12:24

token but the only way to actually get

12:26

marbles is playing a game that you have

12:28

like a 99.9 chance of losing like tote

12:31

like the squid token was a disaster like

12:34

it had it had scam written all over it

12:36

now you never

12:38

know

12:39

so i always say if you're going to

12:41

invest in something

12:42

do you need to invest money that you are

12:45

comfortable

12:46

losing okay that's very very very

12:48

important uh so san token look let's

12:51

let's just simply look at this and

12:53

understand this first from a by the

12:54

rumor seldom new standpoint is it

12:56

possible that sand is going to come

12:58

crashing down

13:00

after the game launches or after the

13:02

alpha is complete abso freaking lutely

13:04

why because alphas are known for having

13:06

bugs alphas are known for having

13:07

problems

13:08

between now and when the alpha launches

13:11

everybody has pure euphoria and joy

13:13

everybody sees yay we have a new game

13:16

coming it's going to be amazing it's

13:17

going to be great remember stock dock

13:20

here okay i don't only give good news i

13:22

give the realistic news realistic news

13:25

is this is probably a buy the rumor sell

13:26

the news run up where you have euphoria

13:28

about the game running up if the game

13:30

operates absolutely perfectly you could

13:32

potentially still have a sell-off

13:34

because people are going to move on to

13:35

the next big thing at least traders are

13:37

i think you're going to get a lot of

13:38

loyalists out of this unless of course

13:40

you have a lot of bugs and crashing now

13:42

keep in mind it is an alpha you're going

13:44

to expect problems you're going to

13:46

expect glitches and you're going to be

13:48

frustrated even age of empires 4 which

13:50

charges you to play the game

13:52

uh and it's actually a very great game

13:54

has a lot of bugs so i would expect

13:56

alpha the alpha version of sandbox to

13:58

really be no different this is a company

14:01

that's been around since 2012 this game

14:02

has been in development for four years

14:05

so someone saying

14:07

so look uh there's always a risk when

14:11

you invest now i want to look at the

14:13

technicals here and then we'll briefly

14:14

look at their white paper okay so let's

14:16

look at the technicals okay in order to

14:18

look at the technicals we're going to

14:19

jump on over here into the little

14:20

trading view vinda window and uh really

14:24

it's very very difficult to do

14:26

technicals when you have a buy the rumor

14:27

sell the news run up we know that so

14:30

let's just do a fibonacci retracement

14:33

this is basically our only tool we take

14:35

from the top we draw to the bottom and

14:37

what do we get we get potential support

14:40

levels but we also get the potential of

14:42

where we might run to is it possible

14:45

that we're going to get uh a

14:47

hit basically the next resistance level

14:50

via the fibonacci of 1.68 uh percent so

14:52

61 percent more on top of where we sit

14:55

now so we'd be at around 12.26 cents

14:57

absolutely

14:59

absolutely this is what momentum does it

15:02

exponentially grows frequently in

15:04

accordance with the fibonacci is it then

15:06

also possible that we will rotate back

15:08

down to some of these other fibonacci

15:10

support levels particularly something

15:13

like 8.5 absolutely not uncommon at all

15:17

to go right back to a 0.5 which brings

15:19

you to about four dollars and 30 cents

15:20

it's also entirely possible that you

15:22

could drop back down to 340 uh which

15:24

which is were some of the prior levels

15:26

that we've been at in fact if we go

15:27

ahead and zoom in we haven't actually

15:29

seen i mean we used to be at like 70

15:30

cents for this thing okay so uh we

15:32

haven't actually seen a lot of

15:34

enthusiasm here with the exception of

15:35

recently because we're getting closer to

15:37

game launch uh and this is if we zoom in

15:40

over here

15:41

uh we'll see we hung out briefly at

15:44

about a buck eighty we hung out briefly

15:46

we hung out briefly at two dollars and

15:48

forty cents we hung out briefly uh

15:50

around really that four thirty and four

15:52

level sort of between here 350 and 430

15:56

and and we've seen a lot about three

15:57

days of support right around four

15:59

dollars as well but is it possible that

16:01

we head back to kind of where this has

16:02

been i don't know i think honestly going

16:05

back all the way to the bottom here

16:06

where it been 77 cents kind of implies

16:09

that the game was a complete failure and

16:11

enthusiasm for crypto just evaporates i

16:13

don't think we would go back down to the

16:15

zero on the fibonacci here i don't

16:17

expect that at all but i would expect

16:20

this run to potentially continue until

16:22

the game launches if we have bugs and

16:24

problems yeah we'll probably retrace

16:25

back down to some of these other levels

16:27

here okay if we now head on over into

16:29

the white paper

16:31

uh you can learn a lot about their voxel

16:35

editor which is how you make

16:36

items that can be uploaded into the

16:38

marketplace it is a 44 page white paper

16:42

there is a lot of great information in

16:44

here it's worth looking at a page 33 and

16:47

34. see this is kind of what we had

16:50

talked about assets and avatar creators

16:52

create items through the voxel editor if

16:54

you have land and players use their

16:57

avatars or they place assets on them you

16:59

can receive a royalty fee and players

17:02

pay an entrance fee of sand to actually

17:05

play games on land that's how land

17:08

owners get rent but you can also receive

17:11

sand when you win battles races contests

17:13

or whatever basically play the game and

17:15

win now one thing that does somewhat

17:17

concern me is that a lot of supply is

17:19

not controlled by the free market but

17:21

it's actually controlled by advisors

17:23

founders and the company and the initial

17:25

launching foundation you've only got 33

17:28

of the tokens supply that's actually

17:31

potentially available on the market but

17:33

if you add this up you get over 900

17:35

million of potential coins and according

17:37

to coin market cap we're actually only

17:39

at 892 of circulating supply in fact let

17:42

me add this really quick here 515 plus

17:44

120 plus 360 means we we should have

17:48

about a 995 million circulating supply

17:52

but some folks potentially who are were

17:54

part of these initial seed sales or

17:55

whatever haven't released those yet uh

17:57

so according to coin market cap we've

17:59

only got a circulating supply of about

18:01

30 of all of the available tokens and

18:04

that's because about 67 well three

18:07

percent probably just hasn't been

18:08

released from these original sales yet

18:09

and the other 60 percent are actually

18:11

being held by either founders or some of

18:13

the original advisors or team members

18:15

here so

18:16

in my opinion this that that's that's a

18:18

lot uh that means that people who

18:20

invested at least in 2019 something like

18:23

3.4 million dollars in theory if we just

18:27

take the current market cap not the

18:28

total diluted well you know what i mean

18:30

we're not going to go with the total

18:31

diluted market cap in theory let's go

18:33

with the market cap which is the

18:35

circulating supply that we've got here

18:37

if we take the market cap of circulating

18:39

supply right now of seven billion

18:41

dollars

18:42

and that's nine zeros and then we divide

18:45

or multiply that by seventy yeah we'll

18:47

go 67 percent this is how much like the

18:49

founders and the foundation and all that

18:51

have these original 13 investors and

18:54

people associated with them and people

18:55

that they know right now technically

18:58

they've got around 4.6 billion dollars

19:00

so that makes me a little bit nervous

19:03

that you've got

19:04

a lot of life-changing money

19:08

technically locked up in a vesting

19:10

schedule

19:11

but you know even if you if this vesting

19:14

schedule started in 2019 and you're

19:16

already two out of five years vested two

19:19

out of five years vested or twenty

19:20

percent vested

19:22

with a seven billion dollar market cap

19:26

kind of enticing to potentially start

19:28

selling some of your shares or some of

19:30

your tokens right so no guarantees but

19:33

that is one thing about santa that does

19:35

make me a little bit nervous it is still

19:36

very very centrally controlled with the

19:38

amount of tokens now do keep in mind

19:41

that this game is a centralized game

19:44

it's kind of like an activision blizzard

19:46

creating the game but the nfts and all

19:49

the other aspects are being recorded in

19:51

a decentralized manner on blockchain

19:55

so

19:56

these are some of the thoughts that i

19:57

have i highly encourage you read the

19:58

white paper to learn a lot more about

20:00

this project i am not a sand expert i do

20:03

not own sand i am not encouraging you to

20:06

buy sand i'm encouraging you to be

20:07

careful and to be aware of

20:10

of what we have is there a chance it's

20:12

going to continue to run in a buy the

20:13

room or sell the news pattern absolutely

20:16

is there a likelihood that it will come

20:18

falling back down substantially yes

20:20

could it potentially maintain value long

20:23

term because it's a metaverse play and

20:25

it's going to be something like an axi

20:27

where it's one of our first big launches

20:28

of metaverse plays absolutely

20:31

so take a look at sandbox.game let me

20:34

know what you think in the comments down

20:35

below and folks see you next one thanks

20:37

so much bye we're a little over 48 hours

20:39

away from black friday night use that

20:40

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