The Sandbox (SAND) Announces New Virtual Land Sales

Sandbox opens the sale of virtual land in the metaverse. (Photo; Doc. Sandbox)

JAKARTA The leading metaverse game platform, The Sandbox (SAND) recently announced the sale of new virtual land. Sales will open on November 24. The sandbox plans to sell 1,900 virtual plots of land in three stages.

The announcement prompted various prominent names and companies partnering with Sandbox for the sale of the virtual land, including names such as Paris Hilton, Faze Clan, Tony Hawk, Playboy, and The Marathon. For general users interested in participating in the purchase of Sanbox virtual land, it is hoped that it will have at least 1,011 SAND tokens in their crypto wallets.

The announcement has seen the SAND token soar about 6 percent in the past 24 hours to trade around US$0.569. With a market cap of around $883,606,322, the SAND token recorded a daily volume trading around $125 million in the past 24 hours.

Reported by DailyCoin, on virtual ground, Sandbox players can earn commissions directly to their NFT wallet or SAND address. In addition, the GameFi project intends to simulate similar conditions in the real estate business.

As an NFT-oriented project, Sandbox (SAND) will auction 35 ESTATEs through its leading NFT marketplace, OpenSea. The company intends to distribute Sandbox land fairly to global players every day. In addition, land units are limited to the Sandbox ecosystem.

The Sandbox ecosystem has included popular brands for marketing purposes and to provide greater intrinsic value to its soil.▁beng Dogg, among other selected celebrities, is expected to enliven the sale of Sandbox's upcoming land.

"By including several brands that have similar themes, such as the California brand Dreamin' [...], users now have the opportunity to be neighbors of some partners who have similar themes, such as choosing the district you want to live in for a city," said co-founder and COO of The Sandbox, Sebastien Borget.

For information, the game ecosystem and the metaverse of The Sandbox are built on the Ethereum network. The Sandbox has managed to attract the attention of NFT fans and metaverse games because they can monetize their various digital capabilities. With this significant growth, The Sandbox has become a leading technology company that attracts investors.