Coincheck, a virtual currency exchange operated by Coincheck, Inc. is a very popular virtual currency exchange, handling the largest number of currencies in Japan.
Coincheck has announced that it will start handling the new crypto asset "SAND" on May 24, 2022 (Tuesday).
To commemorate the first handling of "SAND" in Japan, a campaign will be held on the crypto asset trading service "Coincheck" where 10 winners who purchase "SAND" for a total of 50,000 yen or more will win 100,000 yen by lottery.
SAND" is finally available in Japan!
The virtual currency "SAND", which can be used in the NFT game "The Sandbox", will be available from May 24, 2022 (Tuesday). A campaign will also be held on the crypto asset trading service "Coincheck", where 10 people will win 100,000 yen by lottery from those who purchase a total of 50,000 yen or more of "SAND". Don't miss it!
| Outline of "SAND | |
| Start of sales | Afternoon, Tuesday, May 24, 2022 (scheduled) |
|---|---|
| Crypto asset name | SAND |
| Ticker Symbol | SAND |
| Target Services | Transfer, receive, purchase, and sell cryptocurrency through Coincheck (WEB) and Coincheck App.
Coincheck's cryptocurrency lending service Coincheck Advance Payment Service |
What is "SAND"?
SAND" is an ERC20 token distributed in the Metaverse game (NFT game) "The Sandbox". The Sandbox is built on the Ethereum blockchain, and users can use SAND to participate in games and purchase items while controlling their avatars. In addition, "SAND" is expected to serve as a governing token for future participation in the game operations of "The Sandbox"! Please visit the official Coincheck website to learn more about its future potential.
| Outline of "SAND | |
| Market capitalization | 218,887,200,650 yen (as of May 23, 2022) |
|---|---|
| Maximum number of shares to be issued | 3,000,000,000 SAND |
| Consensus Algorithm | Proof of Work |
SAND" loans are now available!
Coincheck's "Coincheck Lending Crypto Asset Service ", where you can earn up to 5% per annum on your crypto assets just by depositing them, has also started accepting applications for "SAND" loans.
| SAND" Loan Offering Overview | |
| Loan Plan | 14 days (1.0% per annum)
30 days (2.0% per annum) 30 days (2.0% per annum) ・90 days (3.0% per annum) 180 days (4.0% per annum) 365 days (5.0% per annum) |
|---|---|
| Minimum Loan Quantity | Crypto assets equivalent to 10,000 yen |
| How to Apply | For details on how to apply, please refer to the Coincheck Help Center. |
| Notes | Loans for Coincheck's crypto asset lending service are current as of the date of publication, and may not be approved if the application limit is exceeded.
If your loan application is not approved, we will approve your application on a first-come, first-served basis as soon as we have enough available loans. Please note that there may be a long wait for approval for applications for currencies other than the currency and loan plan offered. |
SAND" can be traded from either a smartphone or a computer via the Coincheck application! Why don't you start trading with us depending on the situation and your investment style?