Thursday, June 1, 2023

The Sandbox All-time High


The Sandbox metaverse is always changing.

With each new LAND sale, the community welcomes new LAND Owners and motivated creators ready to create incredible experiences. Almost half of the map sold between December 2019 and April 2021, when the first LAND sold. That means that 81,030 of the 166,464 LANDs that will ever be in offers are no longer available.

As a result, LANDS have been a hot topic in recent months, and their value has soared accordingly. Land sales are shattering records at an ever-increasing rate. The April 14th Innovators LAND auction brought in a total of $4,570,221 USD. Since the first pre-sale, all previous sales on the map have totaled $3,744,088 USD.

For the month of April, secondary market sales totaled $3.997,065 USD, bringing the total for the month up to a total of $8,567,286 USD. When it comes to sales, April has surpassed February’s record-breaking month. The sales for this month exceeded the total revenue for the first three months of 2021. With half of the Sandbox LANDs now sold, this is a great moment to join on board the sale train.

On March 30th, the Sandbox NFT marketplace beta began, showcasing creative artists from all over the world. Artists can now start monetizing their work with the debut of the platform.

The community greeted the 100+ precisely picked NFTs on display for the event with open arms, and several NFTs sold out within hours of the event’s start.

Since then, biweekly NFT deliveries have kept the marketplace’s material fresh, introducing new artists along the way.

Artists featured in the marketplace have earned over 700,000 $SAND in the first month since its launch, demonstrating the model’s efficacy for user-generated content and user empowerment.

The fourth phase of the Sandbox liquidity mining initiative has begun. Each month, the pool will have supplies of extra 1,500,000 $SAND, and the LAND multiplier will remain active, as it was in phase three. However, beginning April 26th, the liquidity pool will offer a fresh NFT reward.

The fourth phase of the Sandbox liquidity mining project has begun. The pool will have supplies of an additional 1,500,000 $SAND each month, just as it was in phase three, and the LAND multiplier will continue to work. The liquidity pool will, however, start offering a fresh NFT incentive starting April 26th.

In April, a new Game Maker update released. Game Maker V0.6 introduced a number of new features, including: Component for external NFT Images; Performance on larger experiences with numerous ASSETS has improved; Miniature Map (Compass); Settings for the Play Mode; Improvements to the Gameplay

Users can use $SAND, our main utility token for all transactions in The Sandbox metaverse, to access our platform, play games, stake, and earn prizes, among other things. As a result, it’s critical that we provide our users with as many options as possible for obtaining $SAND.

On March 18th, the fourth Game Jam revealed. Following three successful jams, the community decided to go all out, raising a total prize pool of $ 300,000 $SAND. Participants have until June 21st to submit an incredible experience that will blow the brains of our expert video game industry judges.

There are presently 30 projects supported by the Game Maker’s Fund, with more on the way.

Miguel Garcia
Miguel Garcia
Miguel Garcia is a writer for Cryptoconstellation. Miguel has always been fascinated with Crypto. He has experience in Business and finance. Miguel loves sport cars and football.

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