Discover more from Token Dispatch
Is Adidas creating a metaverse with Sandbox 👀?
The tremendous growth isn't just because of Facebook rebranding to Meta, but because of traditional companies trying to create a metaverse using these platforms. For example, Adidas is hinting at a possible collaboration with Sandbox.
Sandbox's token ($SAND) popped to a new all-time high of $7.22. That's a 25% gain over the past 24 hours, with an even more shocking 30-day jump of 747%. MANA, Decentraland's token has climbed a staggering 539% over the past 30 days
Both Decentraland and The Sandbox are Ethereum-based virtual world games in which players can purchase and customize land plots in a shared, perpetual online world. Such land plots are represented by NFT assets which can also be monetized to provide passive income back to holders.
MANA and SAND aren't the only gaming-adjacent crypto assets up over the last 24 hours, either. Immutable X, a scaling solution designed for Ethereum games and NFTs, is up nearly 9%.