GameFi, Metaverse sectors lead with 100% Sandbox (SAND) surge
The Sandbox (SAND) surged 100%, leading GameFi and Metaverse sectors, with MANA up 67% and AXS up 42% in the past week. Over the past two days, the price of The Sandbox (SAND) has increased by approximately one hundred percent, indicating that the GameFi and Metaverse sectors have assumed control of the next leg of […]
Thailand Launches Crypto Regulatory Sandbox
Thailand’s SEC has launched a regulatory sandbox to develop and test crypto-related services and innovations. In a post on its website, the Securities and Exchange Commission (SEC) of Thailand announced the establishment of a regulatory laboratory for the purpose of testing and developing innovations that are intended to establish efficient crypto-related services. The Securities and […]
Standard Chartered, Animoca Join HKMA’s Stablecoin Sandbox
HKMA announces five new participants in its stablecoin sandbox, including Standard Chartered, Animoca Brands, Jingdong Coinlink, RD InnoTech, and HKT. Five new participants have been announced by the Hong Kong Monetary Authority (HKMA) in its stablecoin sandbox, including Animoca Brands and Standard Chartered (Hong Kong). Jingdong Coinlink Technology Hong Kong, RD InnoTech, and Hong Kong […]
The Sandbox Raises $20M at $1B Valuation to Boost Creator Economy
Animoca Brands’ subsidiary, The Sandbox, raises $20M via convertible notes, valuing the platform at $1B. Animoca Brands and its subsidiary Bacasable Global Limited, which administers the popular metaverse platform The Sandbox, have raised $20 million in convertible promissory notes at a valuation of $1 billion. LG Tech Ventures and True Global Ventures were among the […]
The Sandbox Launches Sandbox DAO
The Sandbox, a decentralized gaming platform, has launched The Sandbox DAO, its decentralized autonomous organization (DAO) for transparency and community involvement. The DAO will grant virtual LAND and nonfungible tokens (NFTs) to the Sandbox holders representing in-game territories using a three-phase implementation process. Holders and NFT owners can exercise their voting rights and suggest enhancements […]