The Sandbox (SAND) – metaverse and gaming digital asset monetisation platform
The Sandbox platform is an ecosystem where gamers can create, own, and monetise their activities wit the help of non-fungible tokens (NFTs) and its utility token $SAND. NFTs are in effect a digital certificate of ownership.
Players can use NFTs to assign verifiable ownership to their digital assets integrate into games and trade on marketplaces. The Sandbox provides tools such as the Game Maker to enable player engagement.
Also, The Sandbox virtual world – or metaverse – is comprised of digital lots of real estate bought with LAND tokens, where players can become digital property developers and interact.
Companies such as Facebook owner Meta are betting big on the metaverse as the next iteration of the internet, where people will work, play, socialise and shop, so there will be money to be made.
An unknown buyer recently paid $450,000 for a patch of virtual land next to rapper and businessman Snoop Dogg’s Sandbox ‘residence’.
The Sandbox is an excellent new cryptocurrency to buy.
RETURN ON INVESTMENT (USD – %)24H-2.017D5.91M-46.803M-56.581Y298.7
Table data and chart correct as at 27 May 2022
Institutional investors
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