Top Ethereum metaverse The Sandbox has announced a new, three-part LAND sale in partnership with heavy hitters like Tony Hawk, Snoop Dogg, and Playboy! Starting tomorrow (November 24), players will be able to purchase new LAND on Sandbox. This is the first time The Sandbox has teamed up with multiple brands to launch a LAND sale. Read on to learn more about this partnership and how you can get virtual real estate for yourself!
How to buy LAND on Sandbox in the new sale?
LAND refers to the virtual real estate that makes up the Sandbox game/metaverse. These NFTs are available on digital marketplaces such as OpenSea where users can buy, sell, trade, etc. The new LAND sale will auction 1,967 LAND units. These include 50 estates, 695 regular LANDs, 134 premium LANDs, and 19 1-of-1 pieces of LAND. An ‘Estate’ is multiple LAND pieces connected together to form a larger lot in the game. In addition, only whitelisted users can buy 1 and only 1 COUNTRY for 24 hours. There are two types of whitelist lotteries: regular LAND lotteries and Premium LAND lotteries. You can join one or both lists, but you can only win a Premium whitelist spot or a regular whitelist spot, not both
In addition, there is a blind voting system to allocate the standard and premium LAND sales. The blind vote also allows some players to randomly win plots of land alongside celebrities like Snoop Dogg, Paris Hilton, etc. Players must have a minimum of 1,011 SAND (~$530) in their meta wallets to participate in the auction. Each person/wallet is liable for only one land holding per user.
There are three waves of ground sales on the platform, titled California Dreamin, The Galleria, and Voxel Madness. The first “California Dreamin'” wave features California-based homegrown brands such as Playboy, and legendary rapper Nipsey Hussle’s “The Marathon Clothing.” You can access the first wave of the LAND sale through them official website.
Sebastien Borget, co-founder and COO of The Sandbox, stated: “By including multiple brands with a similar theme, such as California Dreamin’ California brands […] users now have the chance to be neighbors of multiple partners who share a similar theme, such as choosing the neighborhood you want to live in for a city.”
In addition, after the first wave of land sales, the second wave will start on December 1. The second wave will see LAND sales with partners such as Cipriani, TIME and others. Also, the Galleria will feature neighborhood experiences that span virtual fashion, hospitality and media.
About Sandbox
The Sandbox is a blockchain metaverse game similar to Roblox or Minecraft. The game uses blockchain technology to provide an immersive metaverse experience. It allows players to own in-game assets through NFTs and buy, sell and trade virtual land on marketplaces such as OpenSea. In addition, these lots are similar to traditional real estate and can be used for various utility functions such as virtual events, online meetings and others. Finally, the game also contains a total amount of 166,464 LANDs, assuming a floor price of 1.05 ETH each.