Home News Sandbox Metaverse Alpha launches Nov. 29 after four years in development

Sandbox Metaverse Alpha launches Nov. 29 after four years in development

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The Sandbox, a virtual property and game studio owned by Animoca Brands, is launching a multi-week play-to-earn (P2E) Alpha event that will give players access to a portion of its Metaverse for the first time.

However, only a select few gamers will be able to really appreciate the experience.

Users may monetise their time spent in the Metaverse by playing to earn in Sandbox’s virtual game area. Within the game, players may buy land and build NFTs, as well as complete objectives to earn the Sandbox token (SAND). They may also use the token as a kind of investment.

The event will begin on November 29 at 1 p.m. UTC and run through December 20, according to a firm statement on November 17. A limited number of 5000 users will have the opportunity to win up to 1,000 SAND (about $3,500 at current pricing) and three special NFTs by participating in one of The Sandbox’s 18 adventures.

Only during the event will the three special NFTs be accessible. They’ll show a medieval-style gate, a blue and black dragon, and a longsword, all of which may be used in the Sandbox Metaverse.

Alpha Pass

The Alpha Pass is a National Football League ticket that gives 5000 people complete admission to the event. Sandbox Landowners can win 1,000 in a raffle, and Sandbox account holders can win 2,250 in daily social contests over the course of three weeks. Between Nov. 29 and Dec. 19, these golden tickets will be available on the OpenSea secondary market.

Players who do not have the pass will have access to three experiences as well as the Alpha Hub, a multiplayer gameplay mode featuring a variety of places and missions, but they will not be eligible for P2E awards.

Sandbox NFTs have a floor price of roughly 1.019 Ether (ETH), which is worth $4,284 at the time of writing, according to statistics from OpenSea. Since late 2019, the total volume of transactions has reached 39,700 ETH ($165.3 million).

New users should spend time exploring the Sandbox before buying tokenized land, according to Animoca Brands co-founder and chairman Yat Siu.

“I would advise individuals who want to experience it to just go to the sites, experience them, join the Discord group, and have a conversation with them.” See what it’s all about before you buy land since, as you know, buying real estate wherever in the globe is the same.”

Animoca Brands unveils plans for K-pop NFT metaverse

The plan is to deploy its metaverse in “phased stages”

The Sandbox completed a $93 million Series B fundraising round. Spearheaded by SoftBank Vision Fund 2 at the beginning of this month. The company claims that the project has been in the works for four years. And that it would deploy its Metaverse in “phased phases” in the future. The money will apparently be used to expand The Sandbox by creating new games and live experiences. As well as pursuing new collaborations with well-known businesses and intellectual assets.

SAND’s price touched a new all-time high of $3.42 earlier today, according to Coingecko statistics. SAND has seen a remarkable rise in 2021, gaining 8663.5% in the last year.

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