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Individual creators will ultimately shape the metaverse: Sandbox founders

As the firm moves to open up The Sandbox Map, co-founder Sebastian Borget said he believes individual creators and brands will ultimately drive what the metaverse of the future will offer. Individual creators and brands will ultimately determine the future of the metaverse as opposed to any centralized entity, according to the co-founders of The Sandbox. On Nov. 3, the team behind the Ethereum-based metaverse announced on X it had made The Sandbox Map accessible to everyone, where “LAND” owners can publish their own experiences without needing to partake in an application process (which was previously required). THE METAVERSE IS NOW OPEN Starting today, LAND owners in The Sandbox can instantly publish experiences on the map! We're accelerating user-generated content to unleash the creative potential of creators like you. Let's build the metaverse together. #UGC #CreatorsDayHK pic.twitter.com/A2E8gNI2it — The Sandbox (@TheSandboxGame) November 3, 2023 “Now [anyon...

Hashed CEO Offloads $10 Million Of Sandbox; SAND Price Dump?

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Also Read: Bitcoin Outperforms Gold, Crude Oil; Bitcoin Bull Run Ahead? advertisement Sandbox To Face Selling Pressure? Arkham, On-chain data tracker, reported that Simon Kim, CEO of Hashed unstaked $12 million worth of altcoins on May 30, 2023. The executive unstaked 19.02 million Sandbox tokens (Approx worth $10.64 million). He also moved the League of Kingdoms Arena (LOKA) and Coin98 (C98). Data depicts that hashed CEO moved $10.52 million worth of SAND tokens to the world’s largest crypto exchange, Binance. It is important to note that The Sandbox Blockchain raised $2.5 million in an investment round led by Hashed in May 2019. Source: Arkham This move suggests that the Hashed executive is seeking to book a profit and take an exit from the project. It is expected that SAND might face some selling pressure ahead. Recommended Articles Crypto Presal...