Animoca Brands’ gaming and virtual property company The Sandbox is open up part of its metaverse to players for the first time through a multi-week play-to-earn (P2E) Alpha event.
But only a handful of lucky people will be able to enjoy the full experience.
Sandbox’s virtual gaming world allows users to monetize time spent in the metaverse by playing “get-get-get” (P2E) model. Players can buy land and create non-fungible (NFT) tokens in the game and earn Sandbox token (SAND) by completing various tasks. They can also guess the token.
According to a statement from the company on Wednesday, the event will start on November 29th at 10:00 am ET and run through December 20th. 5,000 users will have the opportunity to win up to 1,000 SANDs (cost around $ 3,500 at current price) and three special NFTs over time using 18 experiences developed by Sandbox Group .
Get ready for Sandbox Alpha!
Announced November 29
Anyone can try the Alpha hub and our experience
Over 5,000 Alpha provides access to content, NFT and 1,000 SAND!
Get all the details below https://t.co/63iAl5MMmS pic.twitter.com/OiXmbAWYN2
– The Sandbox (@TheSandboxGame) November 16, 2021
Our special NFTs are only available at the time of occurrence. They will describe a medieval-style gate, a blue and black dragon, and a longsword, all of which are valid in the sandbox metaverse.
Alpha Pass is an NFT ticket that provides access to the event for 5,000 people. Thousands have entered the competition for Sandbox owners, and an additional 2,250 will be given to Sandbox holders through the daily competition in three weeks. The gold ticket will also go on sale at OpenSea mid-market on November 29th and December 19th.
Players without a background will have access to our previous experience and Alpha Hub, a variety of games that have multiple locations and functions, but will not be eligible for P2E rewards.
According to data from OpenSea, the minimum price for Sandbox NFTs is around 1,019 Ether (ETH), worth up to $ 4,284 at the time of writing. Total merchandise representing 39,700 ETH ($ 165.3 million) as of the end of 2019.
For new users who want to jump into virtual reality, Animoca Brands co-founder and president Yat Siu told Cointelegraph that people should take the time to carefully try the Sandbox before snapping tokenized soil:
“I want to recommend people who want to know, to go places, get to know them, join the Discord community, talk to them. See what it is before you jump into buying land, because, you know, it’s like buying an item anywhere in the world. “
“I mean, you’re not going to fly to New York and say, ‘I’m going to take this,'” he added.
Earlier this month, The Sandbox closed a $ 93 million Series B financing led by SoftBank Vision Fund 2. The company said the project has been under development for four years and will begin its metaverse in “phase and phase” from here to the front. The proceeds will go to expand The Sandbox by improving new games and lifestyles and seeking further collaboration with celebrities and smart devices.
According to data from CoinGecko, the price of SAND rose to a new high of $ 3.42 on Tuesday. The SAND has experienced severe weather in 2021, up 8,663.5% in the last 12 months.
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