The Sandbox partners with Ledger Enterprise to secure metaverse businesses

As part of the partnership, all NFTs in The Sandbox's collection wallet will be transferred to the Ledger Enterprise wallet.

Decentralized metaverse platform The Sandbox will partner with security solution provider Ledger Enterprise to develop security integration for its partners, who will get their nonfungible token collections migrated to the Ledger wallet. 

The Sandbox announced the partnership in its official blog on April 23. The collaboration will include several initiatives. The Sandbox will appear as a DApp on Ledger Enterprise, and a certain widget will also be integrated in the Ledger Live desktop application. All NFTs in The Sandbox collection wallet will be transferred to the Ledger Enterprise wallet.

Apart from that, as the release emphasizes, The Sandbox will recommend Ledger Enterprise to its LAND owner ecosystem, while Ledger will promote The Sandbox metaverse to its clients. The initiative extends the recently established partnership between The Sandbox and Ledger to promote crypto education in the metaverse.

Read More: https://cointelegraph.com/news/the-sandbox-partners-with-ledger-enterprise-to-secure-metaverse-businesses

The Sandbox partners with Ledger Enterprise to secure metaverse businesses

As part of the partnership, all NFTs in The Sandbox's collection wallet will be transferred to the Ledger Enterprise wallet.

Decentralized metaverse platform The Sandbox will partner with security solution provider Ledger Enterprise to develop security integration for its partners, who will get their nonfungible token collections migrated to the Ledger wallet. ...

Sandbox (SAND) Loses Ground as Metaverse Hype Fizzles, More Price Drop Ahead?

Sandbox has struggled to break above $0.65 in the last 2 weeks.

Despite recent user acquisition initiatives, Sandbox's daily traction is in a downtrend.

The Sandbox price has remained below $0.65 since March 24. Dwindling active users and whales booking profit are critical stumbling blocks. How will the SAND price react? 

Sandbox price and network traction have floundered since its recent local high in February 2023. On April 3, the Sandbox team announced new partnerships ahead of its upcoming Mega City 3 launch later this month. Amid declining hype around virtual worlds, The Sandbox is set to partner with over 40 brands in an attempt to trigger its next growth phase. 

Inconsistent Daily Active Users Slows The Sandbox Resurgence

In recent weeks, Sandbox (SAND) price growth slowed as the metaverse project struggled to maintain 1,000 active users daily. According to the data provided by Santiment, Sandbox has failed to attract 1,000 daily users since March 31. The chart below shows that as of April 6, only 730 users were recorded. 

Read More: https://beincrypto.com/sandbox-price-metaverse-hype-decline/

Sandbox (SAND) Loses Ground as Metaverse Hype Fizzles, More Price Drop Ahead?

Sandbox has struggled to break above $0.65 in the last 2 weeks.

Despite recent user acquisition initiatives, Sandbox's daily traction is in a downtrend.

...

Ubisoft Continues Web3 Push With Rabbids NFTs in The Sandbox The Assassin’s Creed publisher is still building in Web3, adding Rabbids NFT avatars to its growing pile of crypto industry moves. Ubisoft was the first major video game publisher to release in-game NFT items with Ghost Recon Breakpoint in December 2021—and while the reception was decidedly mixed, the firm has continued to make moves in the Web3 world. Its latest? Today’s launch of Rabbids NFT avatars for Ethereum metaverse game The Sandbox. The NFT release comes one year after Ubisoft initially announced plans to bring its popular Rabbids characters—which spun out of the classic Rayman game franchise—to The Sandbox. Ubisoft began the sale today for users who had already been added to an allowlist, while the public sale will commence on Wednesday. Ubisoft is releasing 2,066 of the Rabbids avatars via Polygon, an Ethereum scaling network, with each NFT selling for 100 SAND—about $78 worth, as of this writing. The drop is themed after the Lunar New Year, given that 2023 is the year of the rabbit, and the Rabbids will feature various designs that will be unveiled to buyers this Friday. On February 28, then, The Sandbox will launch a Rabbids game world in the current open alpha test, which houses a limited number of playable experiences. The avatars are billed as a “key to future utility” in The Sandbox, including access to potential future drops. Read More: https://decrypt.co/121872/ubisoft-rabbids-nfts-sandbox
Ubisoft Continues Web3 Push With Rabbids NFTs in The Sandbox The Assassin’s Creed publisher is still building in Web3, adding Rabbids NFT avatars to its growing pile of crypto industry moves. Ubisoft was the first major video game publisher to release in-game NFT items with Ghost Recon Breakpoint in December 2021—and while the reception was decidedly mixed, the firm has continued to make moves in the Web3 world. Its latest? Today’s launch of Rabbids NFT avatars for Ethereum metaverse game The Sandbox. The NFT release comes one year after Ubisoft initially announced plans to bring its...