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The Sandbox project was created by the same company that was an expert in game area before crypto industry, on 2020 they decide to convert their company to web3 structure by introducing Sandbox project that is a game maker on web3. This platform use SAND as its token and allow users to create their game, NFT, avatar on metaverse environment.
Metaverse game maker |
NFT creator – VoxEdit |
Marketplace |
VOL/Mcap | 2.5% |
Volatility | 3.5% |
Circulating | 80% |
Sandbox Team
Foundation
Corporate Investors
Investors
In 2021 Sandbox explode the web3 world cause of its metaverse land selling they growth rapidly and many big names buy a piece of that. After downtrend cycle lands & NFT price experience a big fall. Now the question is: Does metaverse rise again? If yes, would it be sandbox or another project?
Project received $20 M on Jun 2024 from Animoca & others, This kind of fundraising could be a good thing to project development.
Sandbox project established on Ethereum that is very slow specially on NFT & games, this may send the project out of the picture.
If you check the platform you will notice that it’s look like Lego, and not in everyone interest. So the target audience are small and usually the web3 nerds.
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