Sports and property company Animoca Brands The Sandbox opens part of its transformation for players for the first time through a multi-week pay-to-pay (P2E) Alpha event.
But only a few lucky players will be able to enjoy the whole experience.
Sandbox’s online gaming world allows users to earn revenue for the time spent in this world through a “play-to-earn” (P2E) format. Players can purchase land and create non-fungal tokens (NFT) within the game and earn Sandbox (SAND) tokens by completing various missions. They can also predict on signals.
According to a company announcement on Wednesday, the event will start on November 29 at 10:00 am Eastern time and continue until December 20. The selected 5,000-person group will have a chance to win up to 1,000 SAND (worth around $ 3,500 per current prices) and three unique NFTs through time spent on 18 applications developed by The Sandbox teams.
Get Ready for Sandbox Alpha!
Launched on November 29th
Anyone can try the Alpha hub with three uses
5,000 Alpha passes providing content access, NFT and 1,000 SAND!
Find all the details below https://t.co/63iAl5MMmS pic.twitter.com/OiXmbAWYN2
– Sandbox (@TheSandboxGame) November 16, 2021
Three unique NFTs will only be available during the event. They will feature the medieval style gate, the blue and black dragon, and the long sword, all of which can be used in the metaverse of The Sandbox.
Alpha Pass is an NFT ticket that provides full access to events for 5,000 people. One thousand will be snatched from the lottery for Sandbox landowners, and an additional 2,250 will be given to Sandbox account holders through daily competitions over a period of three weeks. These gold tickets will also be on sale at the OpenSea secondary market between November 29 and December 19th.
Unlicensed players will be able to achieve three uses with Alpha Hub, a multiplayer game mode that has various locations and missions, but will not qualify for P2E prizes.
According to data from OpenSea, the minimum price for Sandbox NFTs is around 1,019 Etha (ETH), valued at $ 4,284 at the time of writing. Total trading stands at 39,700 ETH ($ 165.3 million) by the end of 2019.
For new users who are interested in jumping on the online game, co-founder of Animoca Brands and president Yat Siu told Cointelegraph that people should take the time to try Sandbox carefully before grabbing landmarked land:
“I would recommend it to people who want to gain experience, go places, their experiences, join the Discord community, chat with them. See what it is like before diving to buy land, because, you know, it’s like buying a plot anywhere in the world.”
“I mean, you’re not just going to fly to New York and say, ‘I’ll take this,’ ‘he added.
Earlier this month, The Sandbox closed its $ 93 million Series B funding phase led by SoftBank Vision Fund 2. The company said the project has been in development for four years and will launch its metaverse in “stages and phases” from here on out. It is said that the funding will focus on expanding the Sandbox through the creation of new games and direct experience and the search for additional partnerships with popular brands and intellectual property.
According to data from CoinGecko, the SAND price reached a new high of $ 3.42 on Tuesday. SAND had a climate change in 2021, gaining 8,663.5% in the last 12 months.
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