" ], "_oembed_time_ed0a7140ac5e106e42effeade18050b2": [ "1653601378" ], "_wpt_view_count": [ "2" ], "_mts_view_count": [ "1" ] }, "image": [ { "@type": "ImageObject", "@id": "https://www.bitcoinlinux.com/2022/05/26/ethereum-based-gaming-project-rallies-after-coinbase-announces-surprise-altcoin-listing/#primaryimage", "url": "https://i0.wp.com/www.bitcoinlinux.com/wp-content/uploads/2022/05/Get-Alerts-728x90-239.png?fit=2190%2C276&ssl=1", "width": "2190", "height": "276" }, { "@type": "ImageObject", "url": "https://www.bitcoinlinux.com/wp-content/uploads/2022/05/Get-Alerts-728x90-239.png", "width": 2190, "height": 276 } ] }]

Ethereum-Based Gaming Project Rallies After Coinbase Announces Surprise Altcoin Listing

An altcoin fueling a play-to-earn metaverse game is seeing green after being added to the US’s largest crypto exchange.

In a new announcement, Coinbase says The Sandbox (SAND) will start trading on Coinbase Pro paired with Tether (USDT) once appropriate liquidity conditions are met.

The Sandbox is a virtual world where users can buy plots of land and create non-fungible tokens (NFTs) of avatars and other in-game assets. Native utility token SAND is built on Ethereum (ETH) and can be used for purchases, staking, and governance. The game also employs the tokens LAND and ASSETS for other purposes.

According to the project’s whitepaper,

“Players can build, own, and monetize their gaming experiences… Our vision is to offer a deeply immersive metaverse in which players will create virtual worlds and games collaboratively and without central authority.”

Back in March, the project revealed it was partnering with British banking giant HSBC to increase the presence of esports within the metaverse.

The Sandbox also inked a deal with Warner Music Group in January to create the metaverse’s first-ever music-themed world.

News of the Coinbase listing initially sent The Sandbox skyward by 21.7% from $1.24 to $1.51.

After correcting slightly, SAND remains up 8.03% on the day and is trading for $1.45.

Check Price Action

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf BitcoinLinux Mix

&nbsp
Check Latest News Headlines

 

Get Alerts 728x90 239
Disclaimer: Opinions expressed at BitcoinLinux are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. BitcoinLinux does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is BitcoinLinux an investment advisor. Please note that BitcoinLinux participates in affiliate marketing.

Featured Image: Shutterstock/rikkyall/Fotomay

The post Ethereum-Based Gaming Project Rallies After Coinbase Announces Surprise Altcoin Listing appeared first on BitcoinLinux.