Forbes has bought land in The Sandbox metaverse

The space includes a luxurious pool, an elegant bar, and an extensive gallery dedicated to the 2024 30 Under 30 award recipients

20.02.2024 - 14:05

119

2 min

What’s new? American Forbes magazine has bought a virtual estate in The Sandbox metaverse. The estate, located to the west of “Dracula’s Castle” and slightly north of “HODL Island” in the digital world, is already available to the public. According to the press release, “a luxurious pool, an elegant bar, and a comprehensive gallery dedicated to celebrating the 2024 Under 30 recipients.”

Forbes press release

What else is known? Every design element has been thoughtfully considered to create an engaging visual environment that encourages exploration and interaction, Forbes noted. In addition, there are QR codes scattered throughout the estate that visitors can use to find exclusive content.

What is known about Sandbox? The project was launched by game developer Pixowl in 2012. It is a virtual world based on the Ethereum blockchain that allows you to create, buy, and sell digital assets using the SAND token. LAND are non-fungible tokens (NFTs).

As of February 20, 12:20 UTC, the SAND native token ranks 73rd in the cryptocurrency ranking with a capitalization of $1,16 billion and is trading at $0,5133 on Binance, having added 0,14% overnight. The weekly gain amounted to 10% (data from the CoinGecko aggregator).