The scale of token unlocking in February may approach US$900 million, with Avalanche, Aptos and The Sandbox leading the way
According to Token Unlock data, the token unlock scale in February is expected to reach nearly $900 million. This includes:
The Sandbox associated address deposited 92.94 million SAND into Binance 8 hours ago
According to Spot on Chain monitoring, on February 3, four associated addresses of The Sandbox deposited a total of 92.94 million SAND (approximately 41.21 million US dollars) to Binance 8 hours ago. These wallets received these tokens as part of the unlocking process from The Sandbox's multi-signature address in the past 1.5 months. These addresses sold 1.3 million SAND for 566,000 US dollars USDC two days ago.
The Sandbox: Genesis address transferred 10 million SAND to Binance 1 hour ago
According to on-chain analyst Yu Jin, The Sandbox:Genesis address transferred 13 million SAND (7.02 million USD) one day ago, and 10 million SAND (5.4 million USD) of it was transferred into Binance one hour ago.
The Sandbox launches new Game Maker 0.9
The Sandbox has announced the release of a new Game Maker 0.9, which is specifically designed for enthusiasts and game experts, bringing more tools, more possibilities, and higher efficiency.
The Sandbox creation address transferred 20 million SAND 3 hours ago
According to Twitter user Yu Jin monitoring, 3 hours ago, The Sandbox:Genesis transferred 20 million SAND coins (about 8.8 million USD), of which 10 million SAND coins were transferred to Binance and 10 million SAND coins were transferred to 0x73b.
The Sandbox launches Hollywood-themed virtual community
The Sandbox has announced the launch of a new virtual community called "Cinerama", which will feature well-known Hollywood brands such as "The Walking Dead", "Black Mirror", "Peaky Blinders", and "Cheech and Chong". Major production companies such as Skydance (producers of "Mission: Impossible" and "Terminator" films) and Lionsgate are also partners. The Sandbox stated that Cinerama has over 400 virtual plots available for purchase, and the platform has sold 70% of its total 165,000 LAND NFTs.
Gucci settles in The Sandbox and launches Gucci Cosmos Land experience
On November 8th, luxury brand Gucci joined The Sandbox and launched the Gucci Cosmos Land experience.
The Sandbox Appoints Nicola Sebastiani as Chief Content Officer, Aims to Empower User-Generated Content in Gaming and Creator Economy
The Sandbox, a decentralized virtual world for gaming, has appointed Nicola Sebastiani as its Chief Content Officer. Sebastiani has experience in crafting game formats on emerging platforms and believes that the gaming industry is moving towards a creator-driven economy. The Sandbox aims to empower creators by providing opportunities to craft enriching experiences and organically monetize their work through no-code creator tools and initiatives like Game Jam events. The company encourages creators from all over the world to join their ecosystem and explore other forms of expression such as fashion, music, and interactive stories. The Sandbox is positioning itself as a leader in the evolving gaming and creator economy and is open to feedback from creators to meet their needs.
Data: The Sandbox has distributed 29.52 million SAND to 10 addresses within 2 hours
The Sandbox is currently distributing $SAND by unlocking through the 0x73b address: within 2 hours, 29.52 million SAND (approximately 11.7 million) has been distributed to 10 addresses. Within 4 days, The Sandbox has distributed a total of 120 million SAND (approximately 47.62 million) through the 0x73b address, with over 86 million SAND transferred to CEX.
"The Sandbox Announces Release of Officially Licensed Elvis Presley NFT Avatars for Play in Ethereum Metaverse Game"
The Sandbox, a Web3 gaming platform, has announced the release of officially licensed Elvis Presley NFT avatars to celebrate the musician's legacy. The avatars, which will be minted on the Ethereum scaling network Polygon, will feature outfits and hairstyles from Presley's career and unique emotes inspired by his signature dance moves. The avatars will be playable in all future Sandbox multiplayer experiences and will unlock upcoming features and content in the metaverse space. The public sale of the 3,000 avatars will begin on August 9, with each avatar costing 100 SAND and offering governance and voting rights for the Elvis Legacy Council DAO.
The Sandbox Implements KYC Verification for Staking Processes
The Sandbox, a metaverse platform, has announced that users must undergo Know Your Customer (KYC) verification to participate in staking and claim rewards. Only verified users will be able to deposit the platform's native token, SAND, while non-verified users will only be able to withdraw. The move aims to enhance user security and compliance. The SEC has previously deemed SAND to be a security, and Animoca Brands co-founder Yat Siu has criticized the lack of consistency in SEC regulations.
The Sandbox Announces Maintenance for Improved LAND Bridging Experience
The Sandbox has announced a maintenance period starting from July 31 to enhance the LAND bridging experience. During this time, bridging will be disabled until the end of next week. Further details will be provided once the game is back online. Stay tuned for updates.
Messari: The SandBox's NFT mints and Primary Sales see growth in Q2
The SandBox saw growth in NFT mints and primary sales in Q2 2023, despite a decline in interest in metaverse-based projects and NFTs during the first half of the year. The count of non-LAND buyers, non-LAND minted, and LAND minted increased between April and June, resulting in a 29% growth in LAND primary sales during the quarter. However, secondary sales of NFTs on marketplaces such as OpenSea and LooksRare experienced a dip in Q2, and the project's total revenue suffered a 15% decline quarter-over-quarter.
Snoop Dogg's Virtual Land Prices Plummet in Metaverse's Crypto Winter
Snoop Dogg, a successful rapper and businessman worth $124 million, has invested heavily in the metaverse with projects like the Sandbox. The Sandbox partnered with Snoop in September 2021, giving him his own space in the game called the Snoopverse. However, the prices of virtual property in the Sandbox have plummeted, causing losses for investors, including Snoop himself.
The Sandbox Embraces User-Created Content
The Sandbox is opening up its metaverse to user-created content, allowing anyone to host and run their own experiences by the end of 2023. This marks a significant step towards fulfilling the ultimate goal of granting creative freedom to all land plot owners. Creators can now publish their experiences and create landing pages, with the option to charge an entrance fee or require specific NFT ownership for entry. Additionally, exciting experiences like McNuggets Land offer players the chance to win prizes such as SAND tokens, Mystery Boxes, and even a year's supply of free McNuggets.
UK Treasury Proposes Lighter Regulations for Digital Bonds and Equities Based on DLT Technology
The UK Treasury has proposed a five-year period of lighter regulations for digital bonds and equities, as part of a new "sandbox" for innovative securities based on distributed ledger technology (DLT). The government hopes that this will make markets more efficient, transparent and resilient.
Hashed CEO Offloads $10 Million Of Sandbox
The native token of Sandbox metaverse, SAND, saw a rise in price by over 7% in the past 7 days, while other major metaverse tokens experienced a decline. However, a recent whale transaction by Hashed CEO Simon Kim suggests that SAND may face selling pressure in the future. Kim unstaked $12 million worth of altcoins, including 19.02 million SAND tokens, and moved $10.52 million worth of SAND to Binance.
The Sandbox CEO & Co-Founder Arthur Madrid's Twitter account has been hacked
The Sandbox Warned on Twitter：
Paris Hilton Unleashes Iconic Avatar Collection in The Sandbox on May 31
The Sandbox and 11:11 Media have collaborated to launch a collection of avatars based on Paris Hilton. The collection includes 5,555 unique avatars that will be playable in The Sandbox. The avatars showcase Paris Hilton's iconic fashion sense and will be sold for 100 SAND each on a first-come-first-serve basis. The launch is set for May 31, 2023, and will take place in three waves on The Sandbox's dedicated drop page. Holders of the exclusive NFTs will also receive a free VIP ticket to Paris: Live in Concert on June 7th, 2023.
Gordon Ramsay's Hell's Kitchen Comes to The Metaverse: A Culinary Adventure in Virtual Reality
Attention all food enthusiasts! The Sandbox has teamed up with ITV Studios and Gordon Ramsay's Hell's Kitchen to bring you an exciting metaverse experience. This virtual world will transport you into the heart of Chef Ramsay's famous kitchen where you can take on challenges, win prizes, and even have your dishes reviewed by the legendary chef himself. Join a community of fellow foodies on Discord and compete in culinary competitions for a chance to win one of three HexClad frying pans.
