The Sandbox Announces LAND Owners Will Soon Spread Their Wings in the Metaverse

The Sandbox Announces LAND Owners Will Soon Spread Their Wings in the Metaverse

Key highlights:

  • The Sandbox is handing over the keys to the kingdom by empowering landowners to develop their virtual property however they wish.
  • Soon they’ll be crafting their own interactive worlds, mini-games, concerts, and more to populate the expansive metaverse map.
  • By stoking that user motivation, The Sandbox hopes visits and in-world spending will rise accordingly.

The metaverse is opening up. The Sandbox recently announced that LAND owners will soon be able to launch their own custom experiences in the virtual world. This represents a major milestone in empowering users to shape the open metaverse. Let’s take a closer look at what this means for The Sandbox and the future of user-generated content.

What exactly did The Sandbox announce?

In a Medium post titled “The Metaverse is Starting to Open!” The Sandbox revealed upcoming features that will allow LAND owners to publish customizable experience pages and eventually launch their creations by the end of 2023.

As they famously say, “The future is now, old man.” This is an exciting development that inches us closer to a true metaverse where users create and share their own virtual worlds. No longer will experiences be restricted to what the platform developers create. The keys to the metaverse are being handed over to the users.

Empowering LAND owners

For those still hazy on what LAND is, it refers to virtual plots of land in The Sandbox metaverse. LAND owners will soon be able to fill their vacant properties with fully customized experiences.

You bought prime virtual real estate? Congrats, now you can develop it however your heart desires! Build a virtual theme park, host a concert with your indie band, or recreate your favorite fictional world. The possibilities are endless.

How will this work?

Starting now, LAND owners can create customizable “Experience Pages” to describe and promote their creations. Experience Pages will include eye-catching banners, trailers, and descriptions to generate hype.

LAND owners can also publish their pages directly onto The Sandbox map at their property’s location. This makes the experience visible to all and even provides a unique URL to drive traffic. Essentially, you’re planting a “COMING SOON” sign on your virtual land.

Finally, LAND owners with completed experiences can apply for early launch access this fall. If approved, you’ll be able to open your creation to the public before the official rollout.

This is huge for user-generated content

The Sandbox has emphasized that user-generated content will be a defining feature of their metaverse. Empowering LAND owners paves the way for a content explosion.

No longer will experiences be limited to what the company itself produces. We’ll start seeing user creations pop up all over the metaverse map- everything from mini games to detailed recreations of fictional universes.

It provides an incentive for LAND ownership beyond virtual real estate speculation. Buy some land and turn it into something uniquely your own!

Prospecting the price potential

Analyzing past SAND price movements, forecasts turn cautiously optimistic about upcoming value increases. CoinCodex predictions place the token reaching $0.40 within a month- a 10% rise from today’s $0.3625 level. Looking longer term, models see SAND climbing over 130% to $0.84 by early 2024. Bullish fundamentals like augmented adoption and growing transaction volume lend credence to recovery theories.

Yet bears note SAND sunk 19.77% in the last 30 days, closing well below key resistance at $0.50 support. With 133 million tokens unlocked this week, bears fear a selloff too. Only time will tell if newfound creativity translates into spending that drives the price back up- or if bears maintain dominance in this blockchain’s volatile early stages.

Long-term The Sandbox price prediction for 2024, 2025, 2026, 2027, 2028, 2029 and 2030

The yearly low The Sandbox price forecast for 2024 is predicted to be $ 0.315668 based on past price alterations and BTC halving cycles. The Sandbox’s cost is anticipated to increase to as much as $ 0.831159 in the coming year. Here is the pricing forecast for The Sandbox for each year up until 2030 using the same methodology.

YearYearly LowYearly High
2024$ 0.315668$ 0.831159
2025$ 0.703794$ 2.83
2026$ 0.782679$ 1.295807
2027$ 0.821309$ 2.03
2028$ 1.759371$ 1.987499
2029$ 1.898459$ 3.58
2030$ 2.02$ 2.56

You can have access to the long-term price prediction of the cryptocurrencies with the Coincodex Price Prediction feature. Sign-up to follow the future of the cryptocurrencies you invest in.

What this means for the future

Publishing tools promise a more vibrant and dynamic metaverse. Instead of a centralized team dictating everything, users will organically create and share experiences.

This is essential for achieving a true open metaverse. We’re moving away from a world dominated by big tech toward one fueled by user imagination and creativity.

As with all new features, there may be some kinks to iron out. But overall this update represents a landmark step toward user control. The door to the metaverse is cracking open. The question is: what will you create when you step inside?

Source: https://coincodex.com/article/31289/the-sandbox-announces-land-owners-will-soon-spread-their-wings-in-the-metaverse/