{"id":493366,"date":"2022-06-17T15:11:11","date_gmt":"2022-06-17T15:11:11","guid":{"rendered":"https:\/\/ktsl888.com\/?p=493366"},"modified":"2024-06-11T14:20:41","modified_gmt":"2024-06-11T14:20:41","slug":"the-sandbox-sand-blows-up-20","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/the-sandbox-sand-blows-up-20\/","title":{"rendered":"The Sandbox (SAND) Blows Up 20% After Collab With Major Entertainment Firm"},"content":{"rendered":"<p>The Sandbox native token, SAND, jumped from eight-month lows following Friday&#8217;s announcement of a collaboration between the metaverse and Lionsgate Studios.<\/p>\n<p>As a result of the news, SAND surged as high as 20% to $0.9715, before reversing course to trade at $0.8647. The move helped SAND overcome a seven-day losing run\u00a0in the face of gloom\u00a0in the bear market.<\/p>\n<p>Lionsgate is one of the biggest private studios in the United States, and it owns Rambo, Hellboy, and The Expendables, all of which will soon be featured in The Sandbox.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">all hell breaks loose. lionsgate has entered <a href=\"https:\/\/twitter.com\/TheSandboxGame?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@thesandboxgame<\/a> <a href=\"https:\/\/t.co\/c1QcA2x3Y6\" rel=\"nofollow\">pic.twitter.com\/c1QcA2x3Y6<\/a><\/p>\n<p>&mdash; lionsgate (@Lionsgate) <a href=\"https:\/\/twitter.com\/Lionsgate\/status\/27189760?ref_src=twsrc%5Etfw\" rel=\"nofollow\">June 15, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: center\"><strong><em>Suggested Reading |\u00a0<a href=\"https:\/\/ktsl888.com\/all\/bitcoin-20k-may-be-new-bottom\/\">Bitcoin At $20K Could Be \u2018New Bottom,\u2019 Commodity Expert Suggests, And Here\u2019s Why<\/a><\/em><\/strong><\/p>\n<h2>The Sandbox (SAND) Soars 3.78%<\/h2>\n<p>At the time of writing, SAND was trading at 0.873, up 3.78 percent from its daily high of $0.9753. The 24-hour trading volume on the Sandbox was $269.75 million.<\/p>\n<p>As of Friday, the circulating supply of SAND is 1.25 billion and the maximum supply is 3 billion.<\/p>\n<p>Based on their increased production in the horror and action domains, the metaverse has devised a comprehensive transition plan, and Lionsgate will contribute to adapting its characters and captivating stories to web3-compatible platforms.<\/p>\n<p>The Sandbox is a play-to-earn blockchain game that enables users to create a digital world on the Ethereum blockchain using non-fungible tokens.<\/p>\n<p>The Sandbox allows players to create their own avatars to access the different games and destinations available. On the blockchain, it is the DeFi version of Minecraft.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-493368 aligncenter\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/06\/qq.jpg?resize=771%2C434\" alt=\"\" width=\"771\" height=\"434\"><\/p>\n<pre style=\"text-align: center\">Lionsgate is one of the biggest private entertainment studios in the United States. Image: Deadline.<\/pre>\n<p>SAND is an ERC20 utility token that enables the purchase and sale of LANDS and ASSETS within The Sandbox&#8217;s metaverse. It is also The Sandbox DAO&#8217;s governance token.<\/p>\n<h2>The Sandbox Guns For Over $4 Billion Valuation<\/h2>\n<p>The Sandbox, which is owned by blockchain gaming behemoth Animoca Brands, reportedly seeks to attract funds at a valuation of more than $4 billion.<\/p>\n<p>The Sandbox reports that this deal will make Lionsgate the first major Hollywood studio to enter the metaverse.<\/p>\n<p>This will not be The Sandbox&#8217;s first significant partnership, as it has already hosted material from Snoop Dogg, The Smurfs, and Adidas and sold LAND to financial institutions such as HSBC.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/459fnCmc\/\" width=\"1824\" height=\"870\"><\/p>\n<pre style=\"text-align: center\">SAND total market cap at $1.06 billion on the daily chart | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n<h3>Crypto &amp; Metaverse Going Stronger Despite Market Turmoil<\/h3>\n<p>Lionsgate&#8217;s Executive Vice President and Global Head of Live, Interactive, and Location-Based Entertainment, Jenefer Brown, commented on the innovative partnership:<\/p>\n<blockquote>\n<h4>\u201cWe\u2019re thrilled by the new possibilities our strategic relationship with The Sandbox will offer our community.\u201d<\/h4>\n<\/blockquote>\n<p>The bulk of cryptocurrencies have not been left behind as crypto markets continue to undergo a precipitous downturn.<\/p>\n<p>In fact, cryptocurrencies with metaverse support, such as The Sandbox and Decentraland, have been in a stronger position as Metaverse and NFTs continue to gain popularity.<\/p>\n<p style=\"text-align: center\"><em><strong>Suggested Reading |<a href=\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-drops-below-950\/\">\u00a0Ethereum Drops Below $950 On Uniswap Overnight \u2013 Here\u2019s Why<\/a><\/strong><\/em><\/p>\n<pre style=\"text-align: center\">Featured image from Actu Crypto.info, chart from <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"nofollow\">TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>The Sandbox native token, SAND, jumped from eight-month lows following Friday&#8217;s announcement of a collaboration between the metaverse and Lionsgate Studios. As a result of the news, SAND surged as high as 20% to $0.9715, before reversing course to trade at $0.8647. The move helped SAND overcome a seven-day losing run\u00a0in the face of gloom\u00a0in the bear market. Lionsgate is one of the biggest private studios in the United States, and it owns Rambo, Hellboy, and The Expendables, all of which will soon be featured in The Sandbox. all hell breaks loose. lionsgate has entered @thesandboxgame pic.twitter.com\/c1QcA2x3Y6 &mdash; lionsgate (@Lionsgate) June 15, 2022 Suggested Reading |\u00a0Bitcoin At $20K Could Be \u2018New Bottom,\u2019 Commodity Expert Suggests, And Here\u2019s Why The Sandbox (SAND) Soars 3.78% At the time of writing, SAND was trading at 0.873, up 3.78 percent from its daily high of $0.9753. The 24-hour trading volume on the Sandbox was $269.75 million. As of Friday, the circulating supply of SAND is 1.25 billion and the maximum supply is 3 billion. Based on their increased production in the horror and action domains, the metaverse has devised a comprehensive transition plan, and Lionsgate will contribute to adapting its characters and captivating stories to web3-compatible platforms. The Sandbox is a play-to-earn blockchain game that enables users to create a digital world on the Ethereum blockchain using non-fungible tokens. The Sandbox allows players to create their own avatars to access the different games and destinations available. On the blockchain, it is the DeFi version of Minecraft. Lionsgate is one of the biggest private entertainment studios in the United States. Image: Deadline. SAND is an ERC20 utility token that enables the purchase and sale of LANDS and ASSETS within The Sandbox&#8217;s metaverse. It is also The Sandbox DAO&#8217;s governance token. The Sandbox Guns For Over $4 Billion Valuation The Sandbox, which is owned by blockchain gaming behemoth Animoca Brands, reportedly seeks to attract funds at a valuation of more than $4 billion. The Sandbox reports that this deal will make Lionsgate the first major Hollywood studio to enter the metaverse. This will not be The Sandbox&#8217;s first significant partnership, as it has already hosted material from Snoop Dogg, The Smurfs, and Adidas and sold LAND to financial institutions such as HSBC. SAND total market cap at $1.06 billion on the daily chart | Source: TradingView.com Crypto &amp; Metaverse Going Stronger Despite Market Turmoil Lionsgate&#8217;s Executive Vice President and Global Head of Live, Interactive, and Location-Based Entertainment, Jenefer Brown, commented on the innovative partnership: \u201cWe\u2019re thrilled by the new possibilities our strategic relationship with The Sandbox will offer our community.\u201d The bulk of cryptocurrencies have not been left behind as crypto markets continue to undergo a precipitous downturn. In fact, cryptocurrencies with metaverse support, such as The Sandbox and Decentraland, have been in a stronger position as Metaverse and NFTs continue to gain popularity. Suggested Reading |\u00a0Ethereum Drops Below $950 On Uniswap Overnight \u2013 Here\u2019s Why Featured image from Actu Crypto.info, chart from TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":493367,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12436,3,85602,86193],"tags":[6842,10610,15369,85285,84706],"class_list":["post-493366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai-and-tech","category-news","category-metaverse","category-sand","tag-lionsgate","tag-metaverse","tag-nft","tag-sand","tag-the-sandbox"],"acf":[],"yoast_head":"\n<title>The Sandbox (SAND) Blows Up 20% After Collab With Major Entertainment Firm<\/title>\n<meta name=\"description\" content=\"The Sandbox native token, SAND, jumped from eight-month lows following Friday&#039;s 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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