SAND costs have surged to a replacement incomparable high because the Sandbox announces its extremely anticipated play-to-earn metaverse event.
Animoca Brands' virtual property and vice firm The Sandbox is gap up a part of its Metaverse to players for the primary time via a multi-week play-to-earn (P2E) Alpha event.
But solely a handful of lucky players can get to fancy the total expertise.
Sandbox’s virtual vice world allows users to decriminalise their time spent within the Metaverse via a play-to-earn model. Players should purchase land and build NFTs inside the sport, and earn the Sandbox token (SAND) by finishing varied quests. they'll conjointly stake the token.
According to a Nov. 17 announcement from the firm, the event can begin on Nov. twenty nine at one pm UT1 and can run till December 20. a choose cluster of simply 5000 users can have the prospect to earn up to 1,000 SAND (worth around $3,500 at current prices) and 3 exclusive NFTs via time spent across 18 experiences developed by The Sandbox groups.
The 3 exclusive NFTs can solely be on the market throughout the event. they'll depict a medieval-style gate, a blue and black dragon, and a longsword that are all usable within the Sandbox Metaverse.
The Alpha Pass is an NFT price ticket that grants full access to the event to 5000 people. One thousand ar up for grabs in raffle for Sandbox Landowners, and 2,250 a lot of are given bent on Sandbox account holders via daily social contests over a 3 week amount. These golden tickets will get on sale on OpenSea’s secondary market between Nov. 29 and Dec. 19.
Players while not the pass are able to access 3 experiences and therefore the Alpha Hub, a multiplayer play mode that options a variety of locations and quests, however they'll not be eligible for P2E rewards.
According to knowledge from OpenSea, the ground value for Sandbox NFTs sits at around 1.019 Ether (ETH) value $4,284 at the time of writing. Total trade volume stands at 39,700 ETH ($165.3 million) since late 2019.
For new users who are champing at the bit to enter the virtual game, Animoca Brands co-founder and chairman Yat Siu told Cointelegraph that individuals ought to take the time to rigorously expertise the Sandbox before snapping up tokenized land:
“I would recommend for people who want to experience it, you know, just go to the places, experience them, join the community on Discord, have a chat with them. See what it's all about before you make the plunge to buy land because you know, it's like buying real estate anywhere in the world.”
“I mean, you're not going to just fly over to New York and say, I'll take that,” he added.
(Brian Quarmby, Cointelegraph, 2021)