Scheduled departure for the Sandbox metaverse: SAND in the spotlight

After years of development, The Sandbox virtual world will debut in Alpha version on November 29. A signal for investors. The SAND token climbs by 27%.

Tokens associated with virtual or metaverse worlds have been particularly valued in recent weeks. This spotlight, they owe it to Facebook and its name change.

1xbit

Its parent company is now called Meta. And the firm plans billions of investment in this sector and numerous recruitments (10,000 in Europe alone). Facebook is not, however, a forerunner in this area.

5,000 testers and 1,000 SANDs to be won

Projects like Decentraland and The Sandbox largely preceded him. Moreover, Sandbox will soon take a step forward. After four years of development, a first version of the metaverse will open.

The company announces the debut of Sandbox Metaverse Alpha on November 29. Product of Animoca Brands, well known in the world of blockchain gaming, Sandbox is a virtual multiplayer game.

Its business model? Play-to-earn and NFTs. Like Decentraland, players can acquire digital goods and in particular territories. They take the form of LAND tokens.

While playing, players also earn SAND. Finally, they can create their own NFT of ASSET, a non-fungible token standard (ERC 1155). But unlike a classic NFT, it is possible to generate copies of the same token.

+ 8000% for the price of SAND

It is up to its creator to define the number. The original remains his property. Copies can be monetized. The Sandbox therefore offers a vast ecosystem with properties that can be exploited as they please by owners, as on Decentraland.

Few elected, however, will be able to take advantage of the Alpha phase, which will last until December 20. 5000 users will be selected. It’s not much. The key for the lucky ones is the possibility of winning up to 1000 SANDs and 3 exclusive NFTs.

Scheduled departure for the Sandbox metaverse: SAND in the spotlight

This major milestone in the life of Sandbox is a signal for investors. The SAND token takes off. It is even the one that ranks first in terms of performance on CoinMarketCap.

Over 24 hours, the increase reached 27% and more than 30% over 7 days. At more than 3 dollars a token, it’s a new ATH for SAND. Over 2021, growth is simply explosive. In one year, the price increase exceeds 8000%.

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