In Brief:
- Sandbox purchase The Bored Ape #3749 for 740 ETH
- The Sandbox holds a total 31 Bored Ape worth about 2334 ETH.
- It will open the NFT curator academy to help LAND owners to build NFT galleries in metaverse.
A Decentralized Gaming platform the Sandbox has purchased the Bored Ape Yacht Club NFT for an astounding amount of 740 ETH(approx.. $2.9 million USD at the time of sale). They set a new record for the Bored Ape Yacht Club.
In a Twitter thread explaining the reasons behind the purchase, the platform expanded on its belief in NFT metaverse saying: “We strongly believe that culture, whether, games, music, visual arts, will one of the pillars of the open crypto #metaverse.”
It also added that Bored APE #3749 aka “The Captain” is a perfect example of why NFTs are the intersection of scarcity, art, and gaming.
“Bored APE #3749 is a six trait gold fur ape with a sea captain’s hat, black t-shirt, and of course laser eyes. Based on these traits, Bored APE #3749 is the 27th rarest ape,” according to the blog post.
Additionally, the Sandbox is not just building and selling but also looking to “invest and build the ecosystem”. It always implements innovative ideas to attract clients. In July, it partnered with Skybound Entertainment to bring The Walking Dead to their virtual world – Metaverse.
Additionally, the Sandbox is not just building and selling but also looking to “invest and build the ecosystem.”
The company currently holds 350+ unique NFT ranging from Crypto Art, Gaming, NFTs Avatar collections, Fashion, Music, Social Fashion, etc. It also includes 31 BAYC NFTs alongside other leading projects such as Rumble Kong League and Pudgy Penguins NFTs.
The estimated net worth of the Sandbox NFT collection is 3,880 ETH as of September 2021. The company allows collectors to share, display, and play with their NFTs as part of an interactive 3D experience.
The Sandbox is planning to continue increasing NFT collection. The Sandbox says “ It truly believes in every NFT community project as the biggest creative revolution and changing culture including fashion, art, gaming, entertainment.”
The company is opening an “NFT curator academy” to help “Land Owners” to build their own NFT galleries inside the metaverse. Sebastien BORGET, COO & Co-founder of the Sandbox said “As a truly decentralized metaverse, our role is to give more exposure to the NFTs for all $SAND holders.”
