Animoca Brands, a company specializing in digital property rights and gaming, alongside The Sandbox, a decentralized virtual world, and Smobler, a metaverse architecture firm, have launched the virtual Universal Peace Sanctuary. The project, hosted in The Sandbox metaverse, aims to foster global peace and cultural understanding. Virtual Peace Sanctuary Debuts in The Sandbox Metaverse, Backed…
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The Sandbox (SAND) has lately attracted interest with opposing opinions on its potential price movement. Although some analysts believe there is room for large increases, short-term data point to a more wary stance. Though long-term estimates show a different, more hopeful picture, recent studies hint to a likely price decline in the next weeks. What…
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Source: AdobeStock / Tim Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Mining news A public mining company mined bitcoin for free in Q3, according to the latest Miner Weekly report by BlocksBridge Consulting. It said that Riot Platforms reported a negative $6.1k…
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With Bitcoin still trying to mount $35,000, analysts have flagged several cryptocurrencies as some of the best crypto to buy now. Image by cryptonews.com. With Bitcoin still trying to surmount the $35,000 level, analysts have flagged Aave (AAVE), Solana (SOL), The Sandbox (SAND), Bitcoin Minetrix (BTCMTX), and Meme Kombat (MK) as some of the best…
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Source: AdobeStock / Bits and Splits Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Web3 news Domain and digital identity platform Unstoppable Domains announced that it entered the .com Namespace. Unstoppable users can now purchase “.com” addresses, the most popular type of…
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The consortium of major Web3 companies OMA3 (the Open Metaverse Alliance for Web3), has formed a working group to find the best way to standardize creator royalties on non-fungible token (NFT) marketplaces – and to ensure they stay there. According to a tweet, … Read More: Bored Apes Creator Yuga Labs and Magic Eden Collaborate to…
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New revelations from former Alameda Research CEO Caroline Ellison surfaced today regarding the crypto hedge fund’s financial relationship with FTX prior to the exchange’s collapse. Speaking to Alameda staff in Hong Kong last November, Ellison acknowledged the firm borrowed large sums from FTX customer accounts to fund its investments, according to an audio recording obtained…
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Unverified users can still withdraw staked SAND but will be unable to make further deposits. Metaverse platform The Sandbox will require Know Your Customer (KYC) verification for its staking processes, according to an Aug. 3 announcement. The announcement stated that only verified users could deposit The Sandbox (SAND) tokens, which are native to the platform,…
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McDonald’s Hong Kong collaborated with The Sandbox to create McNuggets Land, an immersive Web3 experience to commemorate the 40th anniversary of Chicken McNuggets. This virtual world offers users an immersive journey through a hidden factory and a historical tour of the popular chicken snack. McNuggets Land also offers quests and challenges to gamers that stand…
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The Sandbox added a new major IP to its virtual world, a portfolio management startup raised $3.6 million and The Flash is getting NFTs. Warner’s The Flash goes Web3, to a lack of applause… Warner Bros.’ nonfungible token (NFT) unit has unveiled a new Web3 experience for the recently released DC Comics superhero movie, The Flash,…
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