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The Sandbox (SAND) was a hot crypto project in 2021 as the metaverse burst into the mainstream news. With a surge in NFT sales, investors envisioned a virtual world with real ownership and gameplay. Although the market has cooled somewhat and visitor numbers have dropped, the future still looks bright for SAND. As a first-mover in the sector, it still holds itself as a household name within the crypto gaming sphere.
SAND token holders will also be interested in a brand new platform, Metacade, which combines some of the same design and metaverse themes as The Sandbox and takes them further. The native token (MCADE) has already started its presale, and being seen as an early-mover, investors are seriously speculating it could surge shortly, just like SAND did.
The Sandbox (SAND) was originally created as a direct incarnation of what the metaverse could come to be in the future - a virtual, decentralized space for its users to hang out in and create with freedom. It strived to realize what had already been happening on other VR platforms - such as VR chat - with the added twist of true ownership for the creations its users made within their worlds, democratizing their achievements on the blockchain.
Although The Sandbox has received some negative feedback recently over user numbers, it should be noted that the metaverse is a developing concept still very much in its infancy, and while some expectations are not being immediately met, progress is nevertheless steadily being made.
Looking back a few years, similar criticisms were lodged against cryptocurrencies before the explosion of decentralized finance projects and NFTs.
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