Tag Archives: The Sandbox (SAND)

TL;DR Some NFT-related cryptocurrencies have shown notable development activity in the last month. Despite strong market performances, sector leaders by market cap like Internet Computer (ICP) and Artificial Superintelligence Alliance (FET) were not included in the top 10 list. The Top Performers Non-fungible tokens (NFTs) and cryptocurrencies related to them were one of the main trends during the crypto bull run of 2021. Despite the diminishing interest, many of those coins...

Multiple altcoins with relatively large market capitalizations are going to see token unlocks in the upcoming days. These events are normally associated with fluctuating prices because of the shift in the dynamics of supply and demand. However, it’s worth noting that the entities behind them have been through multiple of these in the past years, and cushioning the impact on the market seems likely. Starting off with the first one on our list – Aptos (APT). Data from Token...

SAND, the native token of metaverse platform ‘The Sandbox,’ has gained over 40% in the past month, driven by a broader market resurgence that pushed its price to $0.61, a level last seen in April this year. SAND is one of the popular GameFi tokens that initially gained prominence in 2020-2021 amid the pandemic, providing individuals with an alternative source of income during lockdowns. Despite the initial prominence of GameFi tokens in 2020-2021 during the pandemic, their...

Crypto tokens worth upwards of $212 million are set to unlock this week. According to the latest data, five projects – Dao Maker (DAO), STEPN (GMT), Internet Computer (ICP), BitMEX (BMEX), Aptos (APT), The Sandbox (SAND), according to data compiled by DropsTab. The token unlocks could potentially create some significant sell pressure. Token Unlocks: Weekly Edition The DAO Maker Token is the governance token of the DAO Maker ecosystem built on top of the Ethereum blockchain....

Blockchain gaming giant – Animoca Brands – revealed around $3.4 billion in assets in an interim financial update that outlined its key unaudited financial positions as of April 30, 2023. The Hong Kong-based company announced that it remains financially strong with a cash and stablecoin balance of $194 million. The financial statement also reported liquid digital assets of $566 million, including reserves of SAND, the utility token used in The Sandbox platform. Additionally,...

Blockchain-based metaverse company – The Sandbox – has warned its users about a security breach through a malware application. According to the official blog post, an unauthorized third party managed to gain access to the computer of one of its employees and used the information it found to send an email falsely claiming to be from The Sandbox. Its statement read: “We have blocked the employee’s accounts and access to The Sandbox, reformatted the employee’s laptop, and reset...

Singapore’s largest bank DBS announced a partnership with Ethereum-based gaming platform The Sandbox to design an interactive metaverse experience  – DBS BetterWorld – as part of its broader roadmap to explore Web 3 opportunities for its customers. The latest deal marks the foray of the first Singaporean entity to collaborate with the Animoca Brands’ subsidiary as it joins DBS’ ambitious “SingaporeVerse,” a neighborhood on its virtual map that seeks to bring the culture of...

Jamiroquai is the latest entity to join more than 200 of The Sandbox’s partnerships that include Ubisoft, The Rabbids, Gucci Vault, The Walking Dead, Snoop Dogg, Adidas, The Smurfs, and CryptoKitties, among others. The Animoca Brands subsidiary announced the partnership with the legendary funk and acid jazz band – Jamiroquai – which is well-known for their 1996 global smash hit “Virtual Insanity.” According to the official blog post, the goal of the strategic collaboration...

The government of Dubai is not slowing down its efforts to promote the development of the local crypto industry and its appeal to crypto enthusiasts. On May 03, The Dubai Virtual Assets Regulatory Authority (VARA) announced the purchase of a piece of land in The Sandbox metaverse, meant for the development of virtual headquarters. According to an official statement, the VARA is stepping into the Metaverse to reach a “borderless audience,” while also improving social inclusion...

Metaverse games The Sandbox and FlickPlay have partnered to create an NFT collection interoperable between both games. The collectibles feature an anthropomorphic chameleon named Flicky, who wears various combinations of clothing. The First Physical-World NFT As reported by Reuters, some of the users that acquire Flicky will be able to use it as their Sandbox avatar. The Sandbox is a 3D virtual world where users can build assets and buy land on the Ethereum blockchain. Its...