• Thu. Feb 22nd, 2024

The Metaverse On Fire As Decentraland and The Sandbox Comes to Life

Deborah Brown

ByDeborah Brown

Aug 26, 2022

NFTs continue making rounds as the marketplace welcomes new players into its world. Metaverse warriors think this might be the dawn of a new era. 

Will Wright declares pooling six million dollars ($6 million) within the week in a partnership with Griffin Gaming Partners to build simulation games powered by blockchains.

 The CEO of Arcade, peer-to-peer exchange and lender of NFT, shared his opinion on the state of affairs involving BendDAO nearing insolvency after Bored Ape Yacht club NFT floor price declined suddenly and the loan-to-value of their borrowers fell. 

New Testing Level Revealed By The Sandbox

After the November and March Alpha periods, the third season of The Sandbox Alpha got initiated on Wednesday. New NFT collections and collaborations by major brands will be on display again in the next ten weeks of testing. 

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Three hundred and twenty-five thousand players(325,000) got signed during the second alpha season. For alpha season three, they are looking to put together five hundred thousand new players. Owners of NFTs from collections such as the Bored Ape Yacht Club, Clone X, World of Women, Aoki, and Coolcats may nait their PFPs, and voxelate them as their Sandbox avatars. And up to 500 SAND tokens in reward can be unlocked by players, together with The Sandbox season 3 Alpha Pass. 

Sebastian Borget, the co-founder of The Sandbox, mentioned in an exhibit that people are enthusiastic about building on the project and are showing it by their full participation in the event. He also said that this new season would be about storytelling. 

People like Deadmau5, Atari, Snoop Dogg, Warner Music Group, and The Smurfs have created social connections and gamified experiences in The Sandbox.

An example is the Askian Door, developed by the Everdream-Soft Owned Spells of Genesis NFT trading card, as a rendezvous for characters in the game and will create new SoG NFTs in the NTF marketplace within The Sandbox.

Decentraland Launches Week of Art

Decentraland commenced her third-yearly Metaverse art week yesterday, August 24, and will span till Sunday, August 28. In the event, an interactive art wall in 3D, a digital sculpture garden, and diverse NFT arts will be on display by leading brands like Artnet, Sotheby, and OpenSea. 

Some of the activities for the event would be the introduction of the Ukrainian History Museum for NFT projects based on the timeline of the Russia-Ukraine war would be put-up, and a lasting set-up of Frida Khalo artwork, which her family would sponsor on Decentraland. 

Another activity will come from the Sotheby auction house with plans to unveil its platform. It should be revealing its phygital 18 karat gold and emerald ring NFT as part of its initial sale intended for jewelry made by artists. Players on Decentraland can attend concerts and read poetry. 

In other NFT news, the co-founder of Autograph and NFL champion Tom Brady is releasing his NFT product that he calls Signature Experiences. 

Jadu will be dropping an NFT game, AVAs, based on characters from Transformers by Micheal Bay.

Deborah Brown

Deborah Brown

Deborah Brown is a skilled and experienced news writer recognized for her insightful reporting and captivating storytelling. With a dedication to accuracy and a knack for engaging readers, her articles provide a fresh and informed perspective on current events.

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