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Did Adidas confirm a relationship with the sandbox?
The bullish move in SAND, the native cryptocurrency of the blockchain-based virtual world The Sandbox, gathered steam after a tweet by German sporting goods manufacturing giant Adidas seemed to confirm a relationship between the two companies. Sorry, the video player failed to load. (Error Code: 100013)What is the sandbox platform?
He said: “The Sandbox platform allows any creator, whether they are a LAND or not, to mint their assets made using VoxEdit, our 3D-modelling and animating tool, on the Marketplace and put them up for sale as NFTs [non-fungible tokens]. “By extension, any brand can mint his own NFTs and turn his LAND into a shop.What is the value of the sandbox?
Despite the high prices, the trading volume for The Sandbox is up 15% in the past 24 hours to $9.2 million. On a weekly basis, the virtual world sees more than $55.6 million in NFT trading, placing it in the Top 5 most valuable NFT collections in the DappRadar NFT Rankings .