The Sandbox announced the 100 million $SAND Game Maker Game Fund at its first global event, Global Creators Day, held in Hong Kong.
In the statement, it was stated that this fund consists of 100 million $SAND tokens.
“Since 2021, the Game Maker Fund has supported more than 200 projects worth $10 million.
Now, from 2024, the new 100 million $SAND fund will empower more creators.
“The DAO-based selection system will reward not only creations and content, but also the interaction they create on the platform.”
Following this news, $SAND increased by 2.2% to $0.362. At the time of writing, $SAND continues to trade at $0.358.
And that’s a wrap! So many exciting announcement at #CreatorsDayHK! But that’s not all! Want to see more of what we’ve got up our sleeve for 2024 and beyond?
🌃 Neighborhoods
🛒 Marketplace L2 launch
🎮 30+ Game Jams in 2024Read more here 👇 https://t.co/t8TqzBGld4… pic.twitter.com/Ez25BK1naS
— The Sandbox (@TheSandboxGame) November 3, 2023
*This is not investment advice.