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- Sandbox is a play-to-earn block building game similar to Minecraft.
- The game creators will release the latest season for the game.
- They want to attract more users amid the downfall in land sales.
New Sandbox Season On Its Way
The Sandbox game was among the platforms contributing significantly in the digital real estate boom. Animoca Brands, creators of the P2E game are launching a new season the upcoming week amid the plunging prices in crypto assets. The game is an immersive metaverse where players can build and monetize their creations to generate real life income.
Players can access the Sandbox during the designated “seasons” which have lasted around the month now. The new season will be the biggest in the game. It will begin on 24th August 2022 and will stretch to about 10n weeks from the date of initiation. In this season, users will get to experience 98 distinct “experiences,” where they can earn rewards via mini games.
Animoca Brands are launching this season amidst low digital real estate sales. As per a data aggregator, the average land sales are revolving around 5,000 USD, a 400% plunge in contrast to the November 2021 – January 2022 market. Another popular metaverse game Deentraland is going through a similar scenario. Trade volume for the virtual plots reached 5,000 USD, a 600% downsurge in contrast to the November 2021 sales.
Why Is the Sales Volume Going Down?
The painful low in the digital plot sales is caused by bearish prices of Ethereum, where the digital plots are traded. The Sandbox witnessed a weekly trade of 100 virtual lands during the month, a 1000% fall in comparison to November 2021 sales as per the data aggregator.
Yuga Labs, Bored Ape Yacht Club creator, also witnessed a plunge in their Otherdeed land sales. The trade volume fell drastically since May, when the collection gained heavy traction from the users, causing Ethereum gas fee to soar to the sky.
The Sandbox is trying to lure more users by promising new content every day in this latest season. People can register to play the game for free until the season ends. Last season offered 35 experiences to the players, where they over 325,000 players in the space.
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.
