Let the Games Begin: The Sandbox’s LAND Sale Overview
Attention gamers and virtual land enthusiasts! The Sandbox is kicking off its much-anticipated presale of virtual land on September 15, and it’s a doozy. A whopping 4,500 non-fungible token (NFT) LANDS are up for grabs, and if you’ve tried snatching one before, you’re well aware of the frenzy that surrounds these sales. Get your $SAND tokens ready, because it’s a whole new world out there!
Why $SAND? The New Payment Method Explained
In this latest land sale, the exclusive payment method will be the $SAND utility token. Yes, you heard that right! Gone are the days of traditional currencies. This shift means all future LAND sales will exclusively require $SAND, as explained by co-founder Sebastien Borget. He stated:
“From the inception of the project, we designed $SAND … to serve as a medium of exchange, governance token and staking for rewards.”
Now that’s some impressive foresight, right? This change is not just a gimmick; it aims to showcase the true utility of the $SAND token within the game.
The Sale Structure: Four Waves of Excitement
Mark your calendars! The sale will unfold over four exciting waves from September 15 to September 18, each kicking off on consecutive days. This new format might just be the golden ticket for those who struggled in previous sales—remember the nail-biting hours? Sale after sale, lands littered with “sold out” signs. Prepare for the virtual stampede!
The Whale: A Giant in the Virtual Ocean
Now, let’s talk whales—not the kind that swim, but the NFT-Crazed entity known as The Whale. This NFT vault has been busily accumulating virtual land in The Sandbox, showcasing its status as the second-largest holder currently. Analysis from Messari tells us that this mysterious whale may have snatched up nearly $500,000 in LAND from previous sales. Imagine all that digital territory!
Premium Land: The Cherry on Top
If you’re feeling fancy, 25% of the assets in this sale are premium LANDS, meaning they’re not just any parcels; these come with prime locations! Added bonus? They’re bundled with four exclusive Care Bears assets, thanks to an announced partnership. Be on the lookout for these coveted pieces that blend nostalgia with new-age investment.
The Binance Playground
What about Binance, you ask? Well, they’ve also been making waves, having acquired over 4,000 of their own LAND tokens in The Sandbox last week, snagging the title of the largest virtual landholder. Their plans include hosting social gaming contests, rewarding innovative creators, and possibly instigating a little friendly competition in the metaverse. Who knew owning virtual land could be this fun?
