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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.
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/