1/ There is a finite amount of @TheSandboxGame
LAND — 166,464 parcels.
New LAND parcels are subject to primary sales — they are sold to private entities or released for sale through auctions.
65% of all the LAND parcels have already been distributed, up 2% from Q4 2021.
LAND — 166,464 parcels.
New LAND parcels are subject to primary sales — they are sold to private entities or released for sale through auctions.
65% of all the LAND parcels have already been distributed, up 2% from Q4 2021.
2/ @TheSandboxGame LAND secondary sales volume decreased by 54% compared to the previous quarter.
To put this into perspective, the secondary sales volume in Q1 2022 is still up 865% relative to Q3 2021.
To put this into perspective, the secondary sales volume in Q1 2022 is still up 865% relative to Q3 2021.
3/ Relative to Q2 2021, primary @TheSandboxGame LAND sales grew 23%.
Primary LAND sales volume ($16 million) accounted for only 12% of the marketplace LAND sales volume ($136 million) in Q1 2021.
Primary LAND sales volume ($16 million) accounted for only 12% of the marketplace LAND sales volume ($136 million) in Q1 2021.
4/ @TheSandboxGame launched the Alpha Season 2 of its gameplay in March 2022. Notably, during this launch, The Sandbox reached 2 million registered users.
Considering the length of launch, tracking unique LAND buyers may be an alternative proxy for the interest in LAND utility.
Considering the length of launch, tracking unique LAND buyers may be an alternative proxy for the interest in LAND utility.
5/ The current breakdown of the @TheSandboxGame LAND holding time reveals that 7% of purchasers hold LAND for longer than one year, while 11% of purchasers hold LAND for less than 30 days.
At the same time, the vast majority (72%) of LAND buyers hold the asset for 1–3 months.
At the same time, the vast majority (72%) of LAND buyers hold the asset for 1–3 months.
6/ 83% of buyers choose to sell their @TheSandboxGame LAND sooner than 3 months after the purchase.
This hints toward profit-taking as a driver for LAND owners to buy & sell their assets.
This hints toward profit-taking as a driver for LAND owners to buy & sell their assets.
7/ Brands show no signs of fatigue in joining @TheSandboxGame ecosystem.
Driven by the vast possibilities of building and monetizing experiences, a series of brands have announced partnerships with The Sandbox on several verticals.
Driven by the vast possibilities of building and monetizing experiences, a series of brands have announced partnerships with The Sandbox on several verticals.
8/ Based on its numbers and partnerships, The Sandbox remains at the forefront of virtual worlds.
Learn more about the State of @TheSandboxGame Q1 in the full Quarterly Report from @tech_metrics.
messari.io
Learn more about the State of @TheSandboxGame Q1 in the full Quarterly Report from @tech_metrics.
messari.io
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