Is The Sandbox a scam?
MEDIUM RISK · 31/100The Sandbox (SAND) has an automated risk score of 31/100 — medium risk. No single factor dominates The Sandbox's assessment — the score reflects several converging measurements. Down 100% from its all-time high — among the deepest drawdowns we measure. Market cap under $100M — moderate manipulation risk.
Automated assessment · updated 31 August 2026
The Sandbox
sandMEDIUM$0.0334
-5.78% (24h)
updating live price…
Risk Assessment
Risk Score
MEDIUM RISK
Driven primarily by drawdown from all-time high (25 of 25 points). Every contributing factor is itemised below.
measured 2026-08-31 · 7 factors evaluated
Here is what the public data shows about The Sandbox, ordered by how strongly each factor contributes to the score:
- Drawdown From All-Time High: Down 100% from its all-time high — among the deepest drawdowns we measure.
- Market Cap Risk: Market cap under $100M — moderate manipulation risk.
- Price Volatility: 5.8% swing in 24h — moderate volatility.
- Volume Anomaly: Volume at 20.8% of market cap — within normal range.
These are automated, opinion-based indicators from public data — not financial advice or an allegation of wrongdoing. See our methodology.
Why this asset is flagged as high-risk
The patterns below are automated, opinion-based observations from public market data. They describe statistical risk indicators — not proof of wrongdoing by any project or person.
Multiple risk factors identified that significantly increase likelihood of investor losses
Risk Factor Breakdown
Each factor is scored independently and weighted to calculate the total risk score.
Drawdown From All-Time High
Price Action
25/25
100%
How far the price sits below its peak. Deep drawdowns are common to abandoned and post-collapse tokens, but also to assets in a prolonged bear market — on its own this measures price history, not conduct.
Volume Anomaly
Trading Signals
1/20
5%
Abnormal volume-to-market-cap ratio is the primary indicator of wash trading or liquidity traps
Market Cap Risk
Market Structure
3/15
20%
Small market caps can be trivially manipulated by a single large holder (whale)
Price Volatility
Price Action
2/15
13%
Extreme short-term price swings are a hallmark of coordinated pump-and-dump schemes
Not contributing (3): Supply Structure, On-Chain Holder Concentration, Transparency Gaps — 0 points.
Key Metrics
Protect Yourself
- • Never invest more than you can afford to lose entirely
- • Check token concentration — if top 10 wallets hold >50%, be cautious
- • Verify the team is public and doxxed
- • Read the smart contract audit before buying
- • Be wary of unrealistic APY promises
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Community Comments
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What the contract allows
Ethereum · measured 2026-09-14
The Sandbox’s deployed contract grants its owner 2 privileges that can affect your position. These are properties of the code itself, not allegations about anyone’s conduct — many legitimate projects retain them deliberately.
Owner can change any wallet balance
A privileged address can alter balances directly, including reducing yours.
Contract has a hidden owner
Privileged control exists at an address not exposed as the owner.
Checked and not present: pause all transfers, blacklist wallets, mint new tokens, ownership can be reclaimed after renouncing, contract can self-destruct.
Source code: published and verified, so the deployed bytecode can be independently reviewed.
Contract analysis from GoPlus Labs · verify on-chain. An upgradeable contract can change after this reading.
How we counted holders here
Ten largest wallets
64.4%
including custodial
Largest private wallets
48.3%
after excluding 4
4 of The Sandbox’s ten largest holders are labelled exchange, market-maker, treasury or vesting, liquidity-pool, staking, bridge, multisig or burn addresses — supply that is custodied, pooled or destroyed rather than sitting in one person’s wallet. Separating them out moves the top-10 figure by 16.1 points. We report the private-wallet figure because that is the supply someone can actually choose to sell today.
Wallets excluded from the top 10
| Address | Classified as | Label | Share |
|---|---|---|---|
| 0x5026…f705 | Exchange wallet | Bithumb · Bithumb: Hot Wallet | 7.12% |
| 0x40ec…bbdf | Bridge contract | Polygon · Polygon: ERC20 Bridge | 4.44% |
| 0x5a52…efcb | Exchange wallet | Binance · Binance 28 | 4.06% |
| 0xf977…acec | Exchange wallet | Binance 8 | 3.67% |
Classification applied to the 100 holder records returned for this contract; 88 remained after exclusions · measured 2026-08-31. Custodial wallets are identified by public address labels, so an unlabelled one may still be counted as private — this correction is a floor, not a guarantee.
The Sandbox holder-concentration history
22 daily measurements · +0.2 pts over the period
FraudCoins.com has measured the share of The Sandbox’s supply held by its top 10 non-exchange wallets on 22 days since 18 Jul 2026. The highest reading was 48.6% on 28 Jul 2026; the most recent reading is 48.3% on 31 Aug 2026.
Composite risk score (0–100)
Recorded measurements (22)
| Date measured | Top 10 hold | Flagged |
|---|---|---|
| 48.3% | No | |
| 48.3% | No | |
| 48.3% | No | |
| 48.4% | No | |
| 48.5% | No | |
| 48.4% | No | |
| 47% | No | |
| 47.1% | No | |
| 47% | No | |
| 47.7% | No | |
| 47.6% | No | |
| 47.5% | No |
Each row is an automated measurement taken on the date shown, using public on-chain holder data with burn and labelled exchange, staking, bridge and liquidity wallets excluded. Historical readings describe what our model measured on that date — they are not statements about the project’s conduct then or now, and are not financial advice.
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Frequently asked questions about The Sandbox
Is The Sandbox a scam?
We do not allege that The Sandbox (SAND) is a scam, and we have no evidence of wrongdoing by anyone associated with it. What we can tell you is what we measured: Its ten largest private wallets hold 48.3% of supply (exchange, staking, bridge and burn addresses excluded). That places it at 31/100 on our automated scale, which we label medium risk. A high score means the asset has structural characteristics that have historically preceded losses — not that fraud has occurred. These are automated, opinion-based indicators from public market and on-chain data — not statements of fact, financial advice, or allegations of wrongdoing.
Why is The Sandbox flagged as medium risk?
The Sandbox's risk score is driven mainly by: drawdown from all-time high — Down 100% from its all-time high — among the deepest drawdowns we measure; market cap risk — Market cap under $100M — moderate manipulation risk; price volatility — 5.8% swing in 24h — moderate volatility.
Who controls The Sandbox's supply?
On-chain data shows the top 10 holders of The Sandbox hold 48.3% of the supply (burn and labelled exchange, staking and liquidity wallets excluded). This is shown for transparency and sits below our 50% manipulation-flag threshold.
Is The Sandbox safe to buy?
FraudCoins.com does not give buy or sell recommendations, and no cryptocurrency is safe. The Sandbox scores 31/100 (medium risk) on our automated risk model. Always do your own research and never invest more than you can afford to lose.