Metaverse platform The Sandbox will require Know Your Customer (KYC) verification for its staking processes, in step with an Aug. 3 announcement.
The announcement acknowledged that easiest verified users may possibly well perhaps deposit The Sandbox (SAND) tokens, which are native to the platform, and issue staking rewards, whereas non-verified users will most certainly be placed into withdraw-easiest mode. Files from blockchain analytics company Messari reveals that 123 million SAND, or 6.7% of the token’s circulating provide, is in the meantime staked by users. The Sandbox developers wrote:
Proceed Finding out on Coin Telegraph
