{"id":304152,"date":"2023-04-11T00:00:55","date_gmt":"2023-04-10T18:30:55","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=304152"},"modified":"2024-01-09T18:30:35","modified_gmt":"2024-01-09T13:00:35","slug":"sandbox-lands-plan-for-2023-looks-promising-but-heres-a-caveat","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/sandbox-lands-plan-for-2023-looks-promising-but-heres-a-caveat\/","title":{"rendered":"Sandbox Land\u2019s plan for 2023 looks promising, but here&#8217;s a caveat"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">To date, over 115,850 LANDs have been minted by more than 23,500 LAND owners.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">However, SAND\u2019s volume and whale transaction count declined, and metrics looked bearish.\u00a0<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Sandbox [SAND]<\/span><span style=\"font-weight: 400;\"> recently published a blog highlighting its achievements pertaining to LAND Owner in Q1 2023 and what its plans are for the remaining quarters of 2023.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udce2 Calling all LAND owners \ud83d\udce2<\/p>\n<p>The LAND Roadmap Q1 update is here! Check out our new Medium article for full details \ud83c\udf89<a href=\"https:\/\/t.co\/xiHsgtfMyj\">https:\/\/t.co\/xiHsgtfMyj<\/a><\/p>\n<p>TLDR: \ud83d\udc47\ud83e\uddf5 <a href=\"https:\/\/t.co\/CqU9wFYDuz\">pic.twitter.com\/CqU9wFYDuz<\/a><\/p>\n<p>&mdash; The Sandbox (@TheSandboxGame) <a href=\"https:\/\/twitter.com\/TheSandboxGame\/status\/1645097878883389440?ref_src=twsrc%5Etfw\">April 9, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Realistic or not, here&#8217;s<\/span><a href=\"http:\/\/ambcrypto.com\/calculator\/marketcap\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">SAND market cap in BTC&#8217;<\/span><\/a><span style=\"font-weight: 400;\">s terms<\/span><\/p>\n<hr \/>\n<h3>LAND\u2019s achievements and plan ahead<\/h3>\n<p><span style=\"font-weight: 400;\">In the blog published on 8 April, The Sandbox mentioned that, to date, over 115,850 LANDs have been minted by more than 23,500 LAND owners.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> LAND Owners were also given access to personalize their LAND, including the 1&#215;1 ones, with their own logo. As per the blog, over 6,000 LANDs have been updated so far. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Speaking of the plans ahead for the remaining quarters of this year, The Sandbox mentioned that the first selection of allow-listed LAND owners will be able to publish their experiences on their LAND during Q2. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to that, by the end of Q3, all creators will have access to LAND Owners&#8217; ability to launch their experiences directly to anyone on the map.<\/span><\/p>\n<h3>Issues faced with SAND rewards<\/h3>\n<p><span style=\"font-weight: 400;\">While The Sandbox elaborated on its plans, Sebastien, the co-founder and COO of The Sandbox, tweeted about players who did not receive their<\/span><a href=\"http:\/\/ambcrypto.com\/the-sandbox-sand-deserted-by-users-how-nfts-and-prices-closed-q1\/\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">SAND<\/span><\/a><span style=\"font-weight: 400;\"> rewards. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">As per the tweet, they ran an analysis of player accounts that reported not receiving their rewards and found that 796 accounts were mislabeled due to interaction on OpenSea. The rewards will be distributed in the coming week.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Dear <a href=\"https:\/\/twitter.com\/hashtag\/SANDfam?src=hash&amp;ref_src=twsrc%5Etfw\">#SANDfam<\/a>, we ran an analysis of players accounts who reported not receiving <a href=\"https:\/\/twitter.com\/search?q=%24SAND&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SAND<\/a> rewards. Here&#39;s what we found:<\/p>\n<p>&#8211; 796 accounts were mislabelled due to an interaction on OpenSea <br \/>&#8211; They&#39;re now unblocked<br \/>&#8211; Official email coming on Monday<br \/>&#8211; Rewards distribution next week<\/p>\n<p>1\/4<\/p>\n<p>&mdash; Sebastien \ud83c\udfde (@borgetsebastien) <a href=\"https:\/\/twitter.com\/borgetsebastien\/status\/1644955524348141569?ref_src=twsrc%5Etfw\">April 9, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">SAND will increase process transparency going forward without disclosing the particular rules used to identify fraudulent activities.\u00a0\u00a0<\/span><\/p>\n<h3>Investors\u2019 interest in SAND dwindling?<\/h3>\n<p><span style=\"font-weight: 400;\">SAND\u2019s performance has been promising of late, as its price increased by over 4% in the last seven days. At the time of writing, it was<\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/the-sandbox\/\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">trading<\/span><\/a><span style=\"font-weight: 400;\"> at $0.633 with a market capitalization of over $949 million. However, despite the price uptick, investors\u2019 interest in trading SAND seemed to have declined. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">As per Santiment\u2019s chart, SAND\u2019s volume fell sharply over the last few days. Whales\u2019 transaction count also tumbled, suggesting less interest from the big players in the token. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, SAND\u2019s supply on and outside of exchanges flattened last week, further indicating fewer investors\u2019 interest in<\/span><a href=\"http:\/\/ambcrypto.com\/the-sandbox-sand-whales-move-away-are-these-changes-the-reason\/\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">SAND<\/span><\/a><span style=\"font-weight: 400;\">. Positive sentiments around SAND went down sharply, which was a negative signal, indeed.\u00a0<\/span><\/p>\n<figure id=\"attachment_304153\" aria-describedby=\"caption-attachment-304153\" style=\"width: 3840px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.07.16-10-Apr-2023.png\"><img decoding=\"async\" class=\"wp-image-304153 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.07.16-10-Apr-2023.png\" alt=\"\" width=\"3840\" height=\"1300\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.07.16-10-Apr-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.07.16-10-Apr-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.07.16-10-Apr-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.07.16-10-Apr-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.07.16-10-Apr-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.07.16-10-Apr-2023-2048x693.png 2048w\" sizes=\"(max-width: 3840px) 100vw, 3840px\" \/><\/a><figcaption id=\"caption-attachment-304153\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">How much are<\/span> <span style=\"font-weight: 400;\">1,10,100 SANDs worth today?<\/span><\/p>\n<hr \/>\n<h3>What should be expected in near-term?<\/h3>\n<p><span style=\"font-weight: 400;\">CryptoQuant\u2019s<\/span><a href=\"https:\/\/cryptoquant.com\/asset\/sand\/summary\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">data<\/span><\/a><span style=\"font-weight: 400;\"> revealed that there were more reasons for concern. SAND\u2019s exchange reserve was increasing, suggesting increased selling pressure. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The same was true for the token\u2019s net deposits on exchanges, which were high compared to the 7-day average. Another bearish development was a slight decline in<\/span><a href=\"http:\/\/ambcrypto.com\/as-market-corrects-decentraland-mana-and-the-sandbox-sand-posts-double-digit-gains\/\" target=\"_blank\" rel=\"noopener\"> <span style=\"font-weight: 400;\">SAND<\/span><\/a><span style=\"font-weight: 400;\">\u2019s MVRV Ratio.\u00a0<\/span><\/p>\n<figure id=\"attachment_304154\" aria-describedby=\"caption-attachment-304154\" style=\"width: 3840px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.09.46-10-Apr-2023.png\"><img decoding=\"async\" class=\"wp-image-304154 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.09.46-10-Apr-2023.png\" alt=\"\" width=\"3840\" height=\"1300\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.09.46-10-Apr-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.09.46-10-Apr-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.09.46-10-Apr-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.09.46-10-Apr-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.09.46-10-Apr-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/04\/The-Sandbox-SAND-13.09.46-10-Apr-2023-2048x693.png 2048w\" sizes=\"(max-width: 3840px) 100vw, 3840px\" \/><\/a><figcaption id=\"caption-attachment-304154\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Nonetheless, LunarCrush\u2019s <\/span><a href=\"https:\/\/lunarcrush.com\/coins\/sand\/the-sandbox\"><span style=\"font-weight: 400;\">data<\/span><\/a><span style=\"font-weight: 400;\"> revealed that bullish sentiments around SAND increased by more than 90% last week. SAND\u2019s Altrank also registered an improvement, which is considered a typical bull signal. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To date, over 115,850 LANDs have been minted by more than 23,500 LAND owners. However, SAND\u2019s volume and whale transaction count declined, and metrics looked bearish.\u00a0 The Sandbox [SAND] recently published a blog highlighting its achievements pertaining to LAND Owner in Q1 2023 and what its plans are for the remaining quarters of 2023. \ud83d\udce2<a href=\"https:\/\/ambcrypto.com\/sandbox-lands-plan-for-2023-looks-promising-but-heres-a-caveat\/\">Continue reading <span class=\"sr-only\">&#8220;Sandbox Land\u2019s plan for 2023 looks promising, but here&#8217;s a caveat&#8221;<\/span><\/a><\/p>\n","protected":false},"author":75,"featured_media":304155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,44,66,3,4,20],"tags":[3311],"class_list":["post-304152","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-global-news","category-new-news","category-news","category-social","category-trading-view","tag-land"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sandbox Land\u2019s plan for 2023 looks promising, but here&#039;s a caveat - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The Sandbox [SAND] recently published a blog highlighting its achievements of LAND Owner in Q1 2023 and its future plans.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/sandbox-lands-plan-for-2023-looks-promising-but-heres-a-caveat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sandbox Land\u2019s plan for 2023 looks promising, but here&#039;s a caveat - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"To date, over 115,850 LANDs have been minted by more than 23,500 LAND owners. 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