The Sandbox Looks to Raise $400M at $4B Valuation: Report (2024)

FAQs

How much did Sandbox raise? ›

For the Sandbox, it's been a year and a half since the company closed its last funding round. In November 2021, during the funding bubble, it raised $93 million at an undisclosed valuation from investors including SoftBank's Vision Fund 2.

10 Years of Decentralizing the Future. Metaverse firm The Sandbox is looking to raise $400 million at a valuation of more than $4 billion, according to a Bloomberg report on Tuesday. The platform is in talks with new and existing investors, the report said, citing people familiar with the matter.

1 million unique users played The Sandbox in 2022

The Sandbox Game Client was installed over 1.3 million times in 2022, and in 2023 it is set to receive exciting updates that should make it even more popular through socialization, fun, and new means of digital expression!

In November 2021, the company also completed a Series B funding round in which it raised $93 million. Its investors included SoftBank Group, LG Technology Ventures, Samsung Next, and Liberty City Ventures.

SAND Price Prediction Summary

SAND has been around since 2020, but The Sandbox metaverse only opened its door to the public in Q4 2023. The all-time high (ATH) of the SAND token price is $8.44 from November 2021. Our SAND token forecast predicts that SAND will reclaim the $1 level in 2025.

The Sandbox Overview

Our most recent The Sandbox price forecast indicates that its value will increase by 7.54% and reach $0.457088 by May 03, 2024. Our technical indicators signal about the Bearish Bullish 13% market sentiment on The Sandbox, while the Fear & Greed Index is displaying a score of 54 (Neutral).

By the end of 2026, Sandbox could reach a trading value of more than $100. All in all, Sandbox might be one of the best investments you can make.

The highest price paid for The Sandbox (SAND) is $8.40, which was recorded on Nov 25, 2021 (over 2 years). Comparatively, the current price is 94.62% lower than the all-time high price.

First off, to reach $10, Sandbox would have to rise by 49%. Given the recent trends, it could be only a matter of when. Mr Rocket has touted Sandbox's "vesting schedule" and noted that it plans on following the footsteps of Minecraft by launching its virtual world to the consoles of PlayStation and Xbox.

What will sandbox be in 2030? ›

The Sandbox (SAND) Price Prediction 2030

According to your price prediction input for The Sandbox, the value of SAND may increase by +5% and reach $ 0.554748 by 2030.

Sandboxes are safe if constructed and filled with appropriate materials and properly maintained.

The Sandbox, owned by software and venture firm Animoca Brands, is a platform built on the ethereum blockchain that enables users to buy, sell, trade and own digital assets in a virtual world. They buy and sell assets -- plots of land, cars, art -- in the form of nonfungible tokens.

Mathieu Nouzareth - The Sandbox | LinkedIn.

The Sandbox was co-founded by Arthur Madrid, serving as the company's CEO, and Sébastien Borget, who assumes the role of COO. Together, they bring a wealth of expertise and vision to the organisation.

The Sandbox price prediction November 2024: The Sandbox's price for November 2024 according to our analysis should range between $1.27 to $1.46 and the average price of SAND should be around $1.36.