Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.
To Watch This Week
AIRDROPS + ALPHADec 3, 2024
Gaming
The Sandbox, Decentraland, and Gala Gaming Tokens Surge After Long Lull
If there's anything that competitive gaming could teach us, it’s that early setbacks don't determine future outcomes. A substantial rally is building among top gaming tokens, with The Sandbox (SAND) leading gains. Its token, SAND, has seen a jump of more than 32.3% over the last 24 hours, bringing its price to the $0.8 level. It's also showing signs of strong momentum, with a 7-day increase of 26.2%, CoinGecko data shows. The numbers are more telling when compared over a longer time period: SAND...
Dec 21, 2023
Gaming
Animoca Brands CEO: Open Metaverse will Enable DeFi-Style 'Vampiric Attacks' By Web3 Games
An open, interoperable metaverse would enable Web3 games to carry out DeFi-style "vampiric attacks" in order to reach other titles' audiences, said Animoca Brands CEO Robby Yung. Speaking at an NFTUK event in London, Yung gave the example of a racing game using NFTs to represent cars. "Let's say we both make racing games and I have one with tonnes of players. There's a huge opportunity for an indie to make another racing game and essentially—the DeFi people call it a vampiric attack—create utili...
Jul 21, 2023
Gaming
Welcome to McNuggets Land: McDonald’s Launches Metaverse Game in ‘The Sandbox’
Major brands are still building in the metaverse, despite the sagging hype. Case in point: McDonald’s Hong Kong just unveiled McNuggets Land, an official world that’s now live in The Sandbox, an Ethereum-based metaverse game. McNuggets Land celebrates the 40th anniversary of the fast food giant’s popular Chicken McNuggets menu item, serving up a vibrant game location filled with anthropomorphized nugget characters, decor inspired by dipping sauces, and playable quests with both real-world and bl...
Jun 9, 2023
Business
No Metaverse? No Problem, Says the Sandbox COO on Apple's VR Headset Launch
“This is groundbreaking,” said Sebastien Borget, Chief Operations Officer for The Sandbox, regarding the new Apple VisionPro Augmented Reality Headset. At this year’s Apple Worldwide Developers Conference (WWDC2023), the tech giant unveiled its most recent device: the Apple VisionPro. Set to launch in 2024, it is a mixed reality (MR) headset, combining virtual reality (VR) with augmented reality (AR). Despite the high price point–$3,499–it’s earned high praise from the crypto metaverse exec. Bo...
May 25, 2023
Coins
Bitcoin, Ethereum Lose Steam Amid Ledger Controversy and US Market Uncertainty
Bitcoin and Ethereum lost some momentum over the past week, cutting a three-week flatline amid the Ledger Recover controversy and growing concern over the U.S. debt ceiling deadline. Bitcoin, the largest cryptocurrency, saw a 3.5% loss over the past week and is currently trading at $26,328 dollars. ETH fell to $1,786, marking a 1.3% loss on the week, according to Coingecko. Amid the top 50 cryptocurrencies, the market saw a lot of movement over the past seven days, with a few notable winners and...
Mar 1, 2023
Gaming
The Metaverse Needs to Be 'Open' Unlike Fortnite, Roblox: The Sandbox COO
At least one metaverse executive hasn’t tired of insisting the digital realm remain open to all. The Sandbox COO and co-founder Sebastien Borget highlighted how other metaverse firms like Roblox and Fortnite do not allow users to move their digital assets between platforms freely. “That's why we still need to say ‘open metaverse’ in opposition to the closed-walled garden platform,” he told Decrypt at this year’s NFT Paris. Sandbox COO Views the Ethereum Metaverse Game as a ‘Digital Nation’ The...
Feb 8, 2023
Markets
The Sandbox Soars 24%, Leading Metaverse Token Rally
SAND, the native token of the metaverse gaming platform The Sandbox, is leading the crypto market after surging to a three-month high of $0.93 on Wednesday morning. Despite a slight drop to $0.90 by press time, SAND has still risen a whopping 25% over the past 24 hours, data from CoinGecko shows. The token was changing hands around $0.70 on Tuesday before the news broke that The Sandbox signed a memorandum of understanding (MOU) with the Saudi Arabia Digital Government Authority (DGA). “It was a...
Jan 2, 2023
Markets
Metaverse Tokens ApeCoin, Axie Infinity Ring in New Year With 6% Surge
The prices of metaverse-related cryptocurrencies including ApeCoin (APE) and Axie Infinity (AXS) have shot up by around 6% in the past 24 hours. Per data from CoinGecko, APE is up 6.3% to $3.88, Axie Infinity's AXS rose 6.9% to $6.41, while The Sandbox's SAND rose 5.2% to around $0.40. Decentraland’s MANA posted more modest gains of 4.4% to reach around $0.31. In contrast, the broader cryptocurrency market cap is only up around 1.6% in the last 24 hours. The news came as APE recently finalized...
Dec 19, 2022
Markets
Metaverse Tokens Flow, Apecoin Plummet Double-Digits Over The Week
It’s been a bearish past week, fueled by the hawkish Fed’s 50 basis point hike, wiping off nearly $62 billion from the cryptocurrency market, per data from Coingecko. Metaverse and NFT-related cryptocurrencies have been no exception. Cryptocurrencies powering the niche, including Flow (FLOW) and Apecoin (APE), have all posted significant double-digit losses over the past week. FLOW, the token powering Flow Blockchain, an NFT-centric blockchain network, has lost 22% of its value over the past wee...
Nov 22, 2022
NFTs
Ethereum Metaverse Game The Sandbox to Launch LAND Sale With Playboy, Tony Hawk, Snoop Dogg
The Sandbox, an Ethereum-based metaverse game, is kicking off its three-part LAND sale on Thursday in collaboration with popular brands like Tony Hawk, Snoop Dog, and Playboy, among others, the platform told Decrypt. The Sandbox is a crypto-powered game akin to Roblox or Minecraft, but which harnesses blockchain technology to provide users with ownership of in-game assets via NFTs and the ability to trade virtual land on marketplaces such as OpenSea. The upcoming sale will auction 1,967 LANDs—...
Apr 27, 2022
The Projects
What is The Sandbox? The Ethereum NFT Metaverse Game
The metaverse is coming! Excitement and speculation around the immersive future internet has skyrocketed since Facebook rebranded as Meta and unveiled its own vision for the space—but crypto creators have been building towards the metaverse for years. One of the most anticipated projects in the space is The Sandbox, an Ethereum-based video game that lets users own a piece of the world in the form of a non-fungible token (NFT)—and they can use those LAND parcels to develop custom games and locati...
Mar 16, 2022
NFTs
The Sandbox Metaverse Token Jumps 8% Amid HSBC, Paris Hilton Tie Up
The Sandbox is becoming a playground for big brands to begin exploring the hype-driven metaverse. Now, Europe's second-largest bank, HSBC, and American noughties celeb turned crypto enthusiast, Paris Hilton, are joining the fun. HSBC announced this morning a new partnership with the metaverse platform, which included the purchase of a virtual plot of LAND, The Sandbox's tokenized equivalent of digital real estate. The bank will reportedly put this plot to work, building various esports and gam...
Dec 3, 2021
NFTs
Someone Paid $450K to Be Snoop Dogg’s Metaverse Neighbor
Snoop Dogg is recreating his California mansion in The Sandbox, a decentralized metaverse game on Ethereum that minted its first wave of virtual lots in the “Snoopverse” yesterday. A plot next to Snoop’s virtual property sold today for close to 71,000 SAND, the native token of The Sandbox, which is about $450,000. Virtual land in The Sandbox is being sold as NFTs, which are unique tokens that grant ownership rights over digital items—in this case, plots of digital real estate. The Sandbox LAND...
Nov 17, 2021
Business
SAND Token Jumps 37% as The Sandbox Opens The Doors Of Its Metaverse
The cryptocurrency of metaverse platform The Sandbox has surged by over 36% following the announcement of The Sandbox Alpha, the first opportunity for players to get hands-on with the NFT-powered virtual world. The Sandbox Alpha will run for three weeks from November 29 to December 20, and will enable players to participate in 18 different games—but you’ll need a non-fungible token (NFT) to access all of them. Three multiplayer experiences—The NFT Institute, Dungeon of Dum-Yz, and Club XYZ—will...