The Sandbox (SAND) Prepares for Jan 13 Land Sale
The Sandbox (SAND) rose on expectations of a large land plot sale expected this January 13.
The Sandbox (SAND) is concentrating its marketing efforts on regular land sales, preparing its metaverse world for new builds. The MegaCity land sale will offer unique bundles for projects that want to gain influence over digital land.
https://twitter.com/TheSandboxGame/status/1478754893842235394
MegaCity works as a map expansion, and The Sandbox game team has formed partnerships to make sure the new neighborhood has distinguished representation from film, entertainment, business, and finance. The Sandbox has attracted companies from Hong Kong to occupy some of the plots and estates and potentially participate in future developments.
The Sandbox continues to offer item building mechanics, though the marketplace is still limited to selected creators.
SAND Aims to Recover $5
After a market-wide slide, the expected land sale seems to help the SAND market price. SAND traded at $4.99, adding more than 3.5% in the past day despite the overall market correction.
As the game token tied to one of the best-developed game and metaverse portfolios, SAND sees extreme price predictions of nearly $20.
Despite the year-end weakness, SAND lined up among the best-performing altcoins in 2021 and set expectations for additional growth.
TOP PROJECTS BY PRICE PERFORMANCE IN 2021 (YTD)$CEEK – 325х$OMI – 190x$AXS – 178x$SAND – 169x$XYO – 152x$MATIC – 147x$LUNA – 136x$FTM – 132x$SOL – 115x$TIME – 97x$KDA – 84x$VRA – 79x$CAT – 75x$BAKE – 73x$TEL – 70x pic.twitter.com/nPn0TLTtTN
— PHOENIX (@pnxgrp) December 31, 2021
The Sandbox Migrates to Polygon
After a testing stage, The Sandbox ecosystem will migrate to Polygon. This is part of the trend where metaverse and play to earn games choose alternatives to Ethereum.
This year is crazy for @TheSandboxGame, but 2022 seems to be even bigger
received positive feedback on the initial Alpha test. With that in mind, we can expect the migration to @0xPolygon next year as a further step to a better #metaverse.https://t.co/PN8rP6elyH$MATIC pic.twitter.com/g8UUD5lbYd
— Polygon Daily (@PolygonDaily) December 30, 2021
The move to Polygon will be incentivized by having SAND owners transfer their tokens to the new network, while providing both SAND and MATIC liquidity for decentralized trading.
The migration may have positive effects in the long run, but may cause problems for Ethereum-based SAND users. Taking tokens out of the Polygon network may be hampered and there may be some technical difficulties with the tokens.
MATIC responded to the news by becoming one of the faster token recoveries in January. MATIC traded at $2.16, with a slight daily gain. Despite extreme predictions, MATIC failed to get closer to $10, the upper range of predictions for the latest bull market.
Related Articles
Sandbox (SAND) Token Opens Staking on Polygon
Polygon (MATIC) will be the next blockchain to host The Sandbox (SAND) native token for single-asset staking.
The Sandbox Studio Tops 12,000 Sign-Ups as AI Game Engine Races Toward Q4 Beta
The Sandbox's new AI-powered game creation platform attracted more than 12,000 applicants in roughly one month, while only 30 creators have made it in. Here is what we know about the road to the Q4 2026 public beta.
The Sandbox Launches Its First AI Game Jam With a $5,000 Prize Pool
The Sandbox held the kickoff workshop for its first AI Game Jam on July 7, offering a $5,000 prize pool for creators building with The Sandbox Studio, its new AI-powered game engine.