The Sandbox Metaverse hits 2M users, begins K-Pop partnership

Share This Post

There are 200 quests in which players can complete to earn a chance of getting an Alpha Pass NFT, which will reward the owners up to 1,000 SAND worth roughly $3,000 at current prices.

The Sandbox metaverse game owned by NFT investment giant Animoca Brands has surpassed 2 million registered users amid its play-to-earn season 2 alpha launch.

The crypto game backed by NFTs and its native SAND token has been in the works for roughly four years, and the latest preview into the game comes just a couple of months after its long-awaited season 1 alpha launch in late November.

Season 2 officially went live earlier today and any user is able to freely explore 35 different virtual experiences including a sneak peek of the “Snoopverse” in partnership with popular rapper and new-found NFT proponent Snoop Dogg.

There are 200 quests that players can complete to earn a chance of getting an Alpha Pass NFT, which will reward the owners up to 1,000 SAND worth roughly $3,000 at current prices.

The Sandbox is aiming to roll out the project in phased stages moving forward, and according to the platform’s roadmap for 2022, a DAO that will give voting powers to SAND, virtual land, and avatars holders will be launched next quarter.

A key factor behind The Sandbox already having a strong user base in its alpha, maybe due to the firm’s long list of partnerships with mainstream names such as Warner Music, The Walking Dead, Snoop Dogg, and Deadmau5 to name a few.

It appears that anticipation for the season 2 alpha launch hasn’t impacted and surging price action as yet, with the price of SAND down 5% over the past 24 hours to trade at $3.05. While it is also down more than 24% over the past 30 days and around 64% down from its all-time high from three months ago.

Related: The Sandbox announces $50M fund for its startup accelerator program

In terms of NFTs, the floor price of The Sandbox’s virtual land plots are also down 8% over the past week to sit at 2.97 Ether (ETH) worth roughly $8,100 at the time of writing.

On March 2, The Sandbox also announced a partnership with Cube Entertainment to develop tokenized assets for the game featuring Korean culture such as K-Pop.

“Cube is truly embracing the spirit of the open Metaverse by moving one step further into The Sandbox via its K-culture hub, where it is actively curating local brands and partners of their main K-POP label and offering them presence into The Sandbox through its own lands” said The Sandbox COO and Co-Founder Sebastien Borget as part of the announcement.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Ethereum On The Cusp Of Major Breakout In Q1 2025, Altcoins Expected To Follow Suit

As Ethereum (ETH) trades steadily above the $3,300 mark, market analysts are beginning to predict a potential recovery that could reshape the altcoin landscape  Currently trading at $3,321,

VolatilityShares Files For Futures-Based Solana ETFs

The post VolatilityShares Files For Futures-Based Solana ETFs appeared first on Coinpedia Fintech News Volatility Shares, a financial firm known for its novel exchange-traded funds, has submitted an

VolatilityShares Files For Futures-Based Solana ETFs

The post VolatilityShares Files For Futures-Based Solana ETFs appeared first on Coinpedia Fintech News Volatility Shares, a financial firm known for its novel exchange-traded funds, has submitted an

Bitcoin Smart Money: Analyst Reveals How Bitfinex Whales Signal Market Moves

The moves of the Bitfinex whales have been reliable indicators for moves in the price of Bitcoin itself, as explained by this analyst Bitfinex Whales Have Shown Smart Money Behavior In Recent Years

Bitcoin Exchange Reserves Surge: Are Traders Preparing For A Major Market Shift?

Bitcoin has recently shown signs of potential market shifts as key metrics reflect changing investor behavior This is evident in Bitcoin reserves on spot exchanges, which had been in a steady decline

XRP Price Prediction For December 28

The post XRP Price Prediction For December 28 appeared first on Coinpedia Fintech News Ripple’s XRP is currently consolidating on the larger time frame, with no major price correction Instead, the