Sand Coin (SND) is Cheaper than Dirt!

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Sand Coin is a unique project and very undervalued based on the long-term road map laid out by the developers.

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Sand Coin is not the first token that represents a real-world commodity, but for me it has been the easiest to conceptualize in order to explain the value of "smart contract" tokens and therefore the overall value of cryptocurrencies to newbies who have only recently heard of bitcoin and other "magic internet money."

Like the name says, it is based in SAND. The developers of the project already have a huge area of land in Russia. They've done the research and found the sand is perfect, construction-grade quality. Once the quarrying begins, each token will be worth the real-world value of the sand at retail-unit value (for example 'cubic meter' or 'kilogram') at market price. After the sand is taken out, the plan outlines how the 'hole' can be filled up as a landfill. After it is filled back in, the real estate can be subdivided and sold off for development. The land happens to be within 20 miles of one of the new routes of China's "One Belt-One Road" initiative; therefore, rather than subdividing, they could also utilize the land in such a way that takes advantage of its proximity to the new transportation vein.

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Unlike other ICOs, this token was a solution to raise capital for investment into the equipment that will develop the land into an active quarry. Many on their Telegraph channel have bemoaned the fact the value of the token is down from it's debut in October, however, as the company's road map and the project's director have clearly stated, the money that was raised from the initial sale of tokens is already earmarked. The groundbreaking is due in April '18 and should be fully operational by July '18. As the value of the land goes up with development, the company's revenue will go up, and they will begin buying back tokens at the market price of sand, conservatively speaking, between $3 and $5 per unit. This long term plan, combined with strategic token burns ensures that the value of SND will go up.

For me, this is buy and long-term hodl. I also like to drive my partisan friends crazy by telling them I'm investing in Russian sand! HAha. No really, I got in on the ICO, and I've been buying every couple of weeks since then... the long-term potential is there and as "time monk" and "radical linguist" Clif High has said, "[Sand Coin] is more solid than the ground under your feet."

It may not have the pizazz of a price chart that is going vertical and full of action(yet), or the marketcap that makes people like the XRP fanboys wet, but the fundamentals of this crowd-funded, real-world project are sound.

Sand Coin can be purchase using Etherdelta or by way of the SND website: https://en.sandcoin.io/

More information and charts:
https://www.cryptocompare.com/coins/snd/overview/ETH

That's it... I've talked myself into buying some more.

Disclosure: I own SND and ETH but do not speak for anyone other than myself and this post is meant to inform interested parties as a first step and should not be mistaken for investment advice. Always do your own research, do the due diligence required for safely owning and trading crytpo assets.

Good Luck!

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