The arrival of Alpha The Sandbox has seen the price of the SAND token skyrocket by 35% in the past few hours, pushing it to a new all-time high.
The Sandbox, one of the most important and complete metaverses created on the network Ethereum, Presents Alpha, an event that will inaugurate the most anticipated season of games within its ecosystem. Animoca Brands, the company that now develops The Sandbox, is welcoming all players and participants of the Metaverse to a new era of gaming within this virtual world in blockchain.
On their official Twitter account, The Sandbox developers reported that Alpha will open the doors to new gaming experiences, where participants will be able to earn rewards in SAND tokens and exclusive NFTs, which will only be available during the weeks that the competition lasts.
The Sandbox Alpha represents a historic milestone for The Sandbox, Metaverse developers reported.
According to the release, The Sandbox Alpha will begin next Monday, November 29th, starting at 1:00 pm UTC. In the competition, which will last for 3 weeks, players will have the opportunity to explore The Sandbox Metaverse and enjoy 18 unique gaming experiences created by the team in the Play to Earn mechanic, to take this virtual world to the next level.
The Sandbox is a Metaverse built on Ethereum, allowing players to live unique experiences powered by non-fungible tokens or NFTThrough this Minecraft-style Metaverse, users can purchase plots of digital land, build infrastructure, create their own characters and games, share their virtual worlds with other users, and much more; they can also earn in-game rewards and monetize their content thanks to NFTs. To date, The Sandbox has more than 160 partnerships with well-known brands such as Atari, Snoop Dogg, The Walking Dead, and many more.
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The Sandbox Alpha and NFT
To participate in the competition and enjoy all the interactive experiences that the developers of this Metaverse have prepared, The Sandbox users must have a Alpha Pass NFT; which is an NFT ticket that will allow players to fully explore the 18 gaming experiences prepared for the Alpha season.
The Sandbox will only create 5.000 Alpha Pass NFT tokens, of which 1.000 units will be raffled off among LAND token holders within The Sandbox. The 4.000 tokens Alpha pass The remaining will be delivered as in-game rewards to all users who interact with the Metaverse.
Users who do not have an Alpha Pass NFT will still be able to access and enjoy up to 3 of the 18 full game experiences during the event and will also have access to Alpha HUB, which promises to provide a core multiplayer experience to discover a variety of locations and missions within The Sandbox. However, the developers clarify that users who do not own an Alpha Pass NFT will not be able to earn Play to Earn rewards, such as SAND tokens and the 3 exclusive NFTs within the competition.
The Sandbox Alpha will be giving away up to 1.000 SAND in prizes, worth $3.300 at the time of writing.
SAND rises 35% in the last hours
Alpha's announcement pushed the price of SAND, The Sandbox's native token, up by 35% in the past few hours. According to data from CoinGecko, SAND hit a new all-time high of $3,83 this Wednesday, after the announcement of Alpha.
Earlier this month, The Sandbox closed a $93 million funding round, which saw participation from investors such as SoftBank, Samsung Next, and many others. The Sandbox announced that the funds raised during this funding round will be invested in the development and expansion of the blockchain Metaverse.
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