
Decentraland, The Sandbox and Chronoly – a Metaverse Investing Guide
The metaverse was a hot topic on investors’ minds at the end of 2021 after tech giant Facebook announced a rebrand of its business.
$1.27
1H
2.91%$0.0359
24H
6.24%$0.0746
7D
16.9%$0.1837
30D
-2.69%$0.0351
Launched in 2011 by Pixowl, The Sandbox is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By combining the powers of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs), the Sandbox creates a decentralized platform for a thriving gaming community.
According to the official whitepaper, the Sandbox platform’s main mission is to introduce blockchain technology in mainstream gaming successfully. The platform focuses on facilitating a creative “play-to-earn” model, which allows users to be both creators and gamers simultaneously. The Sandbox employs the powers of blockchain technology by introducing the SAND utility token, which facilitates transactions on the platform.
The metaverse was a hot topic on investors’ minds at the end of 2021 after tech giant Facebook announced a rebrand of its business.
Will Mushe (XMU), ApeCoin (APE), and Sandbox (SAND) become the top metaverse and NFT projects in the future?
We have identified the five most notable metaverse projects at the moment.
The majority of NFT and Metaverse tokens started off on a very high bullish note as users were amazed at the way each of the protocols’ sought to drive the mainstream adoption of NFTs and gaming at launch.
Decentraland (MANA) and The Sandbox (SAND) were two of the earliest adoptions in the space. Now, a brand new project, Pac-Man Frog (PAC) has recently launched via its presale and has plans to take over the crypto gaming world.