The Sandbox & CoinMarketCap Announce First Public LAND Token Sale

Animoca Brands, the developer behind the videogame “The Sandbox”, has announced that its first public sale of LAND tokens will be held on February 11th of 2021.

Real Estate has historically been one of the most popular investment methods for people around the globe. Now, videogames like The Sandbox are allowing investors to buy virtual plots of land which can be used, rented, or sold by gamers.

The game has held different private sales in the past in which companies such as Atari have acquired land in the form of the LAND token to run their own projects in the game.

Investing in Virtual Real Estate

Now, Animoca Brands, the developer behind the game, has announced the first public sale which will see 9 ESTATES (groups of LAND that have been merged into a parcel) and 1,200 Premium LANDS being up for grabs.

While 2020 was a great year for the blockchain gaming and NFT niches, the team behind the game expected 2021 to be an even better year as the industry continues to expand and user interest is growing.

The developer has also announced that this will be the first wave on a series of waves that will take place throughout the year, with each new wave including different partnerships and benefits.

A Strategic Partnership

The game developer has partnered with CoinMarketCap to offer 6 exclusive NFT heroes during the campaign. Each of the 1200 exclusive LAND tokens will include 2 of these NFTs, with the sixth one being available at the end of the first wave.

Batuhan Dasgin, Head of Business Development at CoinMarketCap, referred to this partnership by stating:

“Since the inception of Bitcoin, direct ownership of digital assets has been in the spirit of the crypto industry. NFTs encapsule this idea and expand it to new frontiers. The Sandbox is one example where users can become a real part of its metaverse with ownership rights in the assets that come with it. Hence, CoinMarketCap is excited to partner with The Sandbox to participate in and support the fast growing NFT…

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