What's more exciting than waking up to news of big partnerships and collaborations from @TheSandboxGame, an @animocabrands company!
A 🧵 on what went down over the past 24 hours with #sandbox and #SaudiArabia:
1/ Saudi Arabia Enters the Metaverse Through #sandbox
@TheSandboxGame just announced an MOU with the Saudi Arabia Digital Government Authority.
This is days after Saudi's announcement of their own initiative to design a $500bn city shaped by the metaverse.
This is a big deal!
2/ Join the Web3 Rope
Sandbox also announced their partnership with @ZeptoLab, creators of @Cut_The_Rope, @CATStheGame, @kingthieves & @bulletecho.
With their LAND, @OmNomWeb3 Cafe sets the stage for a challenging arcade management game & builds upon Om Nom's dive into Web3.
3/ Utility = Value
Following these announcements, $SAND price increased 25% with trading volumes showing 3x of the token’s 7d avg. volume.
4/ $SAND & LAND
Historically, Sandbox LAND's prices have been highly correlated with $SAND's token price. However, recently $SAND has outperformed with its price going up over 25% while the NFT price has only risen 5%. Potential for LAND to catch up? 🤔
5/ Animoca and Sandbox in the Middle East IRL
We also just got words that top @animocabrands executives have all gathered in the Middle East including @ysiu @JIQQYJONES @alanlau999 @viewfromhk 👀 So, more news to come?
6/ In conclusion...we're excited that one of the most strategically important and forward thinking nation-state has decided to partner with @TheSandboxGame
Disclosure: Animoca Brands is a majority shareholder of The Sandbox.
Thread by: @adrianchli @Obsid1an_ @HugeMistake_eth
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