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Price Updates, Recent Developments, Future Events, Community -Breaking

by Mike Robinson

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The Sandbox (SAND), Price Updates, Latest Developments, Future Events and Community
  • The SandboxAn Ethereum-based gaming platform called. has reached 500,000 registered accounts with more than 12,000 landowners.
  • The Sandbox, led by SoftBank completed its Series B round of $93 million to expand its ecosystem.
  • The Sandbox announced partnership agreements with Snoop Dogg (The Walking Dead), Atari and CryptoKitties.
  • SAND has been a top performer, with 210% of its performance and 60% thereafter Facebook’s rebranding and The Sandbox’s funding round

The Sandbox is an Ethereum platform. It describes itself as being the Open NFT Metaverse. The Sandbox allows players to create, manage, and profit from their virtual gaming experience.

The Sandbox, which evolved from the Microsoft (NASDAQ: Windows) game and a mobile phone, allows creators to now own NFTs. It also offers tools for creating assets. The Sandbox was created in May 2012, despite metaverse being one of the most popular topics. How has The Sandbox done in recent years?

Current Developments and Future Events

Hong Kong-based gaming and metaverse ecosystem The Sandbox recently announced the completion of a $93 million Series B funding round led by SoftBank’s Vision Fund 2.

True Global Ventures participated in the financing round by contributing $10 million through their blockchain-focused 4+ fund. Liberty City Ventures and Galaxy Interactive were also investors. Kingsway Capital, Blue Pool (NASDAQ) Capital, Blue Pool (NASDAQ) Capital are all part of the round.

The Sandbox will use funds generated from this round to boost the Sandbox creators’ economy. This gaming platform plans to grow into architecture and fashion as well as virtual concerts. Sebastien Borget (chief operating officer, co-founder of The Sandbox), spoke in an interview.

We are creating an open metaverse. The Sandbox is being positioned against giant tech companies that claim the metaverse as theirs and offer an alternative to users.
The Sandbox announced its latest funding round and stated that there are now 500,000 wallets registered on the network, with more than 12,000 landowners. Sandbox announced that its gross merchandise value now stands at $144 Million.

The Sandbox has announced partnerships with brands and celebrities, including American rapper Snoop Dogg, who will create a digital replica of his mansion in the Sandbox’s metaverse.

Other partnerships were signed with the AMC TV series “The Walking Dead,” children’s cartoons “Care Bears” and “The Smurfs,” gaming brand Atari, and non-fungible token (NFT) collection CryptoKitties.

The Sandbox announced that it will be hosting a competition to create The Walking Dead Game Jam. Game Maker will allow you to make the greatest post-apocalyptic video game. The competition will run from November 8 through November 21, with over 100,000 $SAND & LAND prizes.

The sale of the Quan Land, a 6×6 estate, has also been concluded on the network. The highest bidder, AA47A4, offered 84,426.0254 USD ($221,000) for the land.

Prior to AA47A4‘s purchase in the Quan Land, there have been 188 unique buyers. There have been 250 LANDs sold to date, and buyers paid a total of 619,950 USD ($1.69 Million).

Pricing Updates

The Sandbox was one of the biggest beneficiaries of Facebook’s rebrand. The Sandbox (SAND), whose price rose to record levels, was rebranded by Facebook (NASDAQ:).

SAND rose 210% in October between 28 October and 30 October due to growing interest in metaverse. SAND had traded as high at $2.142 in 48 hours after hitting $0.74.

SAND price chart between October 28th and October 30. Source: Tradingview

SAND gained more than 60% during the rally, just 24 hours after it announced its $93million fundraising round. SAND’s November 3. record of $3.45 was achieved thanks to the rally.

The 7-day price chart for The Sandbox (SAND). Source: Tradingview

SAND trades now at $2.5882, thanks to a 5% drop in price over the past 24 hours. With a market capitalization of $2.29 Billion, the Sandbox ranks as the 69th most important project.

Flipside

  • Experts have an entirely different view of this despite being among the first developers of the metaverse.
  • According to analysts, the metaverse is more likely to succeed if it’s built on work than games.

Community

Sandbox is much more than just a project. You can describe it as an ecosystem that is made up of play-toearn games and an NFT-builder. It is the fourth-most engaged social media community.

The Sandbox, despite being an ecosystem-building platform, is proud of its community-driven platform. Its community participation shows this. The Sandbox’s projects are built upon user participation. Communities feel included and supported by the project.

However, all these smaller communities are brought together by SAND, the ecosystem’s utility token that allows players to build, own, and monetize their gaming experiences. @The3Antons expressed delight with SAND’s performances:

Twitter: @ChadReddings was another holder

TweetStudios is excited by the expansion of the ecosystem.

Sandbox is a great place to host giveaways by developers and community members. Gutter Dan, co-creator and leader of @GutterCatGang organized a NFT giveaway to mark The Sandbox Game party. On Twitter, he wrote:

Why you should care

The Sandbox is one of the first developers to enter the metaverse. This gives it an advantage when the idea of the metaverse becomes mainstream. The recent round of funding will support its expansion and development, further increasing its advantages.

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