coincodex.com
Key takeaways
- The Sandbox has unveiled a new project partnership with D.OASIS
- A new set of metaverse experiences will be brought into The Sandbox through the creation of D.OASIS City
- The collaboration will also bring a custom NFT collection, created by talented artist Cuscus the Cuckoos
The Sandbox has formed a new partnership with D.OASIS to bring fresh player experiences into the metaverse. The collaboration will involve the creation of a sprawling subsection of The Sandbox world known as D.OASIS City, where a wide variety of pastimes can be found.
As mentioned by The Sandbox in a recent blog post, the new D.OASIS City will be sponsored by “esteemed brands and celebrities,” including Warrix Sports, Dhurakij Pundit University, Index Creative Village, Event Pass, Prakit Advertising, and more.
D.OASIS is a consulting agency based in Thailand that seeks to drive metaverse expansion by creating marketing tools and designing digital assets that can be used for brand-building in Web3.
A custom NFT collection, Human X Club, has been introduced alongside the new D.OASIS City. Each NFT is a unique combination of animal and human traits, donned by pixelated artwork that doubles as an exclusive pass for events — both in the real world and in the metaverse.
The Sandbox has stated that its new partnership with D.OASIS “will empower users to shape their virtual identities and build a strong presence in the evolving Web3.0 landscape.”
What is The Sandbox?
The Sandbox, known by its ticker symbol SAND, is a virtual gaming platform powered by the Ethereum blockchain. The platform enables gamers to build and monetize their own in-game experiences, using a comprehensive toolkit and NFT marketplace to give players complete ownership over user-generated content (UGC).
Users can buy and sell virtual plots of land and build anything they like in the metaverse world. Since the game was first launched on the blockchain, it has become a sprawling hub of virtual experiences where players can meet up, compete in custom-built games, explore the digital landscape, and earn cryptocurrency rewards while trading in-game items.
SAND price remains steady while the team continues to build
The SAND token has underperformed large portions of the crypto markets during 2023, rising only 5% YTD compared to Bitcoin’s (BTC) 76%. Despite its recent underperformance, which has been a characteristic of most GameFi cryptocurrencies this year, the SAND token remains a top 50 cryptocurrency by market capitalization at the current price of $0.4047.
SAND, currently more than 8% down from 1st August, is expected to make a full recovery over the coming 30-day period according to the CoinCodex price prediction algorithm. The algorithm expects SAND to reach a price of $0.4404 by 7th September — a 9.99% rise in total.