SAND token almost doubled in value as third land sale sold out in minutes
The Sandbox has announced a collaboration with Skybound Entertainment to bring the comic book series The Walking Dead to the game world. There will be a The Walking Dead game experience, while gamers can acquire The Walking Dead NFTs to create their own adventures.
The Walking Dead will have one of the biggest virtual estates in the world of The Sandbox. Here the developers will create a game where players need to gather resources and survive during the zombie apocalypse. Gamers will be able to buy NFT assets based on characters from the comic book series.
Pop culture fans will know that The Walking Dead is also a popular TV series made by AMC. The TV series is, just like this game world in The Sandbox, based on the original comic book series.
With The Walking Dead, The Sandbox signs another partnership with a mainstream brand. The gaming company already works with brands like Care Bears, Shaun the Sheep, and The Smurfs. In addition they work with gaming companies like Atari and Square Enix.
Growth of The Sandbox
The announcement of the partnership happened on the back of their recent land sale. A total of 400 land plots sold out in minutes. In addition investors can acquire two bigger virtual estates through an auction on the OpenSea NFT marketplace.
The success of The Sandbox can be measured in the trading activity on the open market. Here investors and gamers have traded $1,64 million in virtual land and digital assets in the past 30 days.
At the same time demand for the native SAND token, which buyers need to acquire land, is heating up. In the past week its price increased 83% to $0,44 at the time of writing. As a result a piece of land with a 1,011 SAND price tag now costs $473. However, on the secondary market the cheapest land (a.k.a. the floor price) is 0,3 ETH or $646.
This summer The Sandbox will release an early version of its game world.