CDS Crypto News Launching of LAND Sale in The Sandbox by Playboy, Tony Hawk, and Snoop Dogg
Crypto News

Launching of LAND Sale in The Sandbox by Playboy, Tony Hawk, and Snoop Dogg

438
Playboy, Tony Hawk, and Snoop Dogg to Launch LAND Sale in Ethereum Metaverse Game the Sandbox

Internet game, The Sandbox will begin the first of a three-part LAND sale in collaboration with several well-known companies.

What is Sandbox?

Similar to Roblox or Minecraft, The Sandbox is a crypto-powered game that uses blockchain technology to give gamers ownership of in-game assets via NFTs and the opportunity to trade virtual land on platforms like OpenSea.

What is LAND?

The foundation of The Sandbox game is LAND, an NFT-ified piece of virtual real estate. Similar to traditional real estate, users can buy plots of land and use them for hosting experiences or for trading on marketplaces. A total of 166,464 LANDs are available in the game, and each one is currently worth 1.119 Ethereum.

There will be 1,967 LANDs up for auction at the upcoming sale, including 50 estates, 695 regular LANDs, 134 premium LANDs, and 19 1-of-1 pieces of LAND. Standard and premium LAND sales will allocate using a blind voting process. Blind voting may give users a chance to purchase a prestigious virtual LAND, live next door to celebrities like Paris Hilton or Snoop Dogg, or even open a club close to Cipriani.

References

www.decrypt.co

www.cryptonews.net

Written by
lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

Leave a comment

Leave a Reply

Related Articles

Crypto Community Reaction to Google Cloud Web3 Portal Grows Like an Avalanche

The Google Cloud web3 portal has divided the crypto industry.

Bitcoin vs Ethereum Price: ETH Leads the Race with a 5% Increase

There are new developments in the Bitcoin vs Ethereum price race.

ARK Disposes of Remaining ProShares Bitcoin Futures ETF Shares

The investment firm offloaded 237,983 BITO shares from its Next Generation Internet...

DBT Reveals Recipients of the 2024 CEO of the Year Awards- Terri Kelly

DBT reveals its 2024 CEO of the Year winners.