Hoping to reignite interest in the virtual world, The Sandbox metaverse is launching a new virtual neighborhood called Cinerama.
With Cinerama, users can register to purchase and turn their digital properties into opportunities to collaborate, share ideas, and transform films into interactive, immersive entertainment.
There are over 400 digital terrains available in Cinerama. In total, the platform has sold 70% of more than 165,000 LAND NFTs.
The new area will host famous American films including The Walking Dead, Black Mirror, Peaky Blinders and Cheech and Chong. The Sandbox also partners with production companies such as Skydance, producers of Top Gun and Terminator, and Lionsgate.
However, the price of The Sandbox’s native token (SAND) showed virtually no reaction to the news. In the last 24 hours, the token has increased by 0.93% to $0.417 at the time of writing. Even so, the trading volume in 24 hours increased considerably: 125.49%, reaching $224 million.
<img decoding="async" width="1166" height="814" src="https://crypto.news/app/uploads/2023/11/Screenshot-2023-11-10-at-09.40.20.png” alt=”The Sandbox hopes to boost LAND sales using Black Mirror and The Walking Dead – 1″/>
In September, Binance nft Marketplace stopped supporting non-fungible tokens on the Polygon network and agreed to staking on The Sandbox. It will also ask users to withdraw the corresponding assets.
As of September 26, users could not bid LAND NFTs on Polygon to earn rewards. Now, users are also unable to purchase or list Polygon NFTs on the platform. All affected listings will be canceled and assets returned to users’ accounts.
