The Tide Rolls Out for The Sandbox

By September 19, 2022The Sandbox
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DISCLOSURES: THE AUTHOR & EDITOR HAVE NOT PURCHASED OR SOLD ANY TOKEN FOR WHICH THEY HAVE MATERIAL NON-PUBLIC INFORMATION DURING THE RESEARCH AND DRAFTING OF THIS REPORT. THESE STATEMENTS ARE INTENDED TO DISCLOSE ANY CONFLICT OF INTEREST AND SHOULD NOT BE MISCONSTRUED AS A RECOMMENDATION TO PURCHASE OR SELL ANY TOKEN, OR TO USE ANY PROTOCOL. THE CONTENT IS FOR INFORMATIONAL PURPOSES ONLY, AND YOU SHOULD NOT MAKE INVESTMENT DECISIONS BASED SOLELY ON IT. THIS IS NOT INVESTMENT ADVICE.

Introduction

Less than ten months ago, you’d find it hard not to come across an article foreshadowing a blockchain-powered digital future where we all live in virtual worlds with our virtual friends inside our virtual real estate.

In 2021, we saw how a series of bullish announcements sparked the interest of investors, and subsequently, the price for digital land quickly reached never-before-seen heights.

Unfortunately, those prices were fueled predominantly by speculation, and very little real value was produced. Presently, virtual land trading volume is down 98% and as much as 88% for the market caps of land assets. With our feet firmly on the ground, we now wonder where it all went wrong.

This report will outline the blockchain-based digital land market and focus on The Sandbox by analyzing historical data, identifying trends, and highlighting potential opportunities.

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