(1/3) 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

Ecosystem at Nibiru | Investing at BEN Ventures | MIT ‘17 | Uniswap Delegate | Crypto since 2014 ⚡️

(3/3) https://www.coindesk.com/business/2024/06/06/the-sandbox-raises-20m-at-1b-valuation-sand-rises-45/amp

(2/3)
- 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.

Strategist working on fashion, films & DAOs. Golf junkie, Real Estate Investor. Cooking /magenta icbk.me/lawrenceroman.li

I always liked that Sandbox had an actual game engine. I was building out some games in it.

They also had a strong understanding that IP is a good NFT use case: examples like the partnership with CareBears and The Smurfs.

But it’s been many years since then I haven’t seen that much progress.

What is the DAO doing?

Interesting, what are your personal thoughts? 

Sandbox has been in the vanguard for a while, while the consumers just chase the hype. I believe sandbox especially now with their DAO is a case study in the making.