Interesting development with The Sandbox
- Nov 2021: Raised $93m (undisclosed val) and $SAND mkt cap of $2b
- Later in Nov: $SAND mkt cap reaches all-time high of $6.8b
- Apr 2022: Plans $400m at $4b val and $SAND mkt cap of $3.3b
- Jun 2024: Raises $20m at $1b val and $SAND mkt cap of $1.1b
- Plans to launch a mobile gaming metaverse (The Sandbox initially started as a mobile game in 2012 before Animoca Brands acquired the brand in 2018)
- Improvements to Game Maker and 3D editor tools
- 1.7m connected wallets with 1k user generated experiences.