A few days ago, The Sandbox announced on its Medium blog that it had broken its own records by selling more than $ 2.8 million in Land, as well as 11.9 million SAND, during the month of February 2021 alone.
The Sandbox Explain that this was possible thanks to the sales of two Lands in particular, which to date have sold up to $ 37 million in LANDS.
That's a 10-fold increase over the 12 months, and in the statement, The Sandbox also announces that 45% of all virtual lands in its metaverse have already been sold.
These lands are sold through OpenSea as they are tokens no expendable (NFT) real based on the Ethereum blockchain.
Essentially, The Sandbox is nothing more than a virtual map where users can purchase land in the form of NFTs. In this land, you can build games and display banners and advertisements.
Sandbox and Binance
Also in February, Sandbox started sell LAND through the CoinMarketCap websiteas it is now owned by Binance, a major investor and supporter of the project. It was on Binance that the first token sale took place, raising $ 3 million on the Binance Launchpad platform.
The Sandbox has now established more than 60 partnerships with the industry's top players, including The Smurfs, Care Bears, Atari, CryptoKitties, and Shaun the Sheep.