Why People Are Buying Digital Lands in The Sandbox and Why You Should Too
The Sandbox is a decentralised, community-driven gaming ecosystem where designers and artists can create, share and monetise NFTs and gaming experiences on the Ethereum blockchain and is partnered with many industry giants, such as Square Enix and Atari. Its popular virtual real estates, known as LANDs, are taking over the NFT world. Exclusive Bitcoin.com giveaway For a chance to become a LAND owner next to the Gemini ESTATE for free, all you have to do is create an account through this tracking link and press “Sign In” in the top right corner and create your account with your....
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"It was awkward and it was a viral loop. People tipped $150,000 in 10 days, and then a lot of people who got bitcoin... it sat there and they didn't do anything with it, ever." Blockai CEO Nathan Lands is referring to the spike in interest in first bitcoin project, QuickCoin, a Facebook-integrated wallet that sought to entice new users. That project has now evolved into Blockai (pronounced 'block-i'), which takes a similar approach to spreading bitcoin, although it places more emphasis on the capabilities of its blockchain rather than its use as a digital currency. While resembling a....
The virtual real estate market is crashing despite a McKinsey report predicting a $5 trillion market by 2030. The metaverse sector is witnessing its very-own housing crisis moment, thanks to massive declines in the prices of its virtual lands in 2022, led by waning users' interest and a crypto bear market.Land sales plunge 85% in 2022In particular, metaverse projects built on the Ethereum blockchain, including the Sandbox and Decentraland, have witnessed substantial declines in their valuations and other key metrics, data from WeMeta shows.For instance, the average price of lands sold....
The United Kingdom’s Financial Conduct Authority (FCA) is about to launch its second crypto sandbox, which comprises set rules to govern digital securities. According to the FCA’s head of capital markets, Helen Boyd, the UK Treasury will release the Digital Securities Sandbox in Q1 of 2024. This development comes about two months after the FCA […]
According to Sebastian Borget, COO of Sandbox, the notion of the Metaverse, in which humans may participate in a range of activities in digital parallel worlds, is redefining how people think, interact, socialize, play, and earn in the future. Immersive worlds and online avatars are nothing new since virtual planets have already been produced in […]
Just recently, Design Bundle, a source of design materials and an online marketplace for designers to develop and sell their work, has released a ranking of the most popular NFTs. On top of its list is Axie Infinity. The NFTs were ordered by the number of times each one had been looked for on Google in a particular month. Axie Infinity came on top of the searches, with 3.86 million searches. Related Article | Bitcoin Prices Dragged Down By Geopolitical Tensions, Ukraine Nuke Plant Bombing Axie Infinity: Love Potion Axie Infinity (AXS) is a Play-to-Earn game in which players can buy,....