The boom in the Sandbox metaverse continues. A gamer has now paid around 150 Ethereum (ETH) for a virtual yacht.
Since Facebook changed its name to Meta on October 29, crypto-metaverse projects such as Sandbox (SAND) and Decentraland (MANA) have been booming. While the price of MANA has risen by over 350 percent since then, SAND has even increased by more than 400 percent. At press time, SAND is trading at $ 6.63.
In Sandbox, players can build their own world, similar to the classic game Minecraft. In contrast to Minecraft, gamers in Sandbox have the option of owning their properties and in-game items in the form of non-fungible tokens (NFTs). This makes it possible for items purchased in the game to be converted into cash.
Most expensive non-fungible token (NFT) in sandbox
A player on the NFT trading platform OpenSea paid around 150 Ethereum, which is currently worth almost 650,000 US dollars, for “The Metaflower Super Mega Yacht” , as stated in a TechSpot report .
The NFT yacht was created by Republic Realm , an NFT development and innovation platform. In addition, Republic Realm is already involved in 19 different NFT games. The best-known of these games include, in addition to Sandbox, Axie Infinity, Decentraland, Mirandus, Loot, Ember Sword and Star Atlas.
Republic Realm's virtual ship has four decks with spacious lounge areas, a whirlpool, a dance floor with a DJ desk and a helicopter landing pad, as well as a spacious dinghy garage. It is known as the "Crown Jewel of the Sandbox Metaverse". Therefore for Republic realm it is not surprising that the luxury yacht was recently asset NFT to the most expensive, ever in Sandbox was sold .
Opinions on the luxury NFT are divided on crypto Twitter. Harsh Goenke, an Indian entrepreneur, cited the sale as another example of rich people having too much money and believes the entire NFT space is a huge scam.
Other Twitter users celebrated the sale and see it as a new milestone for the entire non-fungible token space.
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