The Sandbox

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Population: One will launch early access for its sandbox on December 14th.
The cross-platform battle royale game has been teasing its sandbox creation for a couple months with initial launch for the new features confirmed for December 14th. POP1 first launched in late 2020 on both Quest and Steam, and Fortnite-like building has always been part of the experience. With the sandbox launch, though, players can make original games in VR, set their own rules, and pull from an in-game asset library. Developers BigBox VR, which was acquired by Meta last year, makes clear the classic battle royale game is still there and in active development. The new sandbox on December 14th, however, will also make available an additional set of games and worlds made by players. The community will be able to vote for ones they like and there will be curated playlists for quick play matches.
The sandbox also doesn’t restart after each round like the traditional battle royale game, so “you can hang out with friends and never leave,” according to the studio. BigBox shared the key art for the mode exclusively with UploadVR:

We’re extremely curious to see how far players take the sandbox tools and what emerges from the POP1 community. The new features make sense for BigBox VR and POP1, of course, but it’ll also be interesting to see how the effort continues to evolve in parallel to Meta’s larger Horizon Worlds platform which is also focused around world-building.


Population: One will launch early access for its sandbox on December 14th.

uploadvr.com

Population: One Sandbox Launches December 14

Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies in the mid-to-late investment stages.
Animoca Brands Plans Animoca Capital Fund Launch
Animoca Brands, one of the most recognized metaverse and NFT companies in the ecosystem, has announced plans to launch its own metaverse fund. According to statements made by co-founder Yat Siu to Nikkei on Nov. 29, the company aims to raise between $1 billion and $2 billion for this new initiative.
Animoca Brands, which has raised $804 million from several investors in several funding rounds already, aims to put the new funds (once raised) into established metaverse platforms in the mid-to-late investment stages, as it seeks to prioritize revenue over developing the Web3 environment, allowing partners to have direct investments in more companies in the area.
On the reasons behind this decision, Siu stated:
For a lot of traditional investors, investing in growth to a late stage is safer. It’s very different from investing in a seed startup, which has much higher risk.
The fund will be provisionally named Animoca Capital.

Raising Funds
Metaverse and Web3 gaming have been hot topics for investing lately. However, raising funds in the aftermath of FTX’s fall and in current market conditions is different. However, Siu believes that, although challenging, the position Animoca Brands is in facilitates this task. He explained:
In a bear market, what often happens is concentration goes to market leaders.
Furthermore, Siu stated Animoca believes that the metaverse and Web3 gaming can be strong vehicles for cryptocurrency adoption, with actors that see the function of these platforms differently from cryptocurrency traders and speculators.
Animoca is not the only company that is considering the potential of Web3 gaming and the metaverse in the future. On Nov. 29, Game7, a gaming-focused DAO (decentralized autonomous organization), announced the launch of a grants program that would invest $100 million in different sectors of the Web3 gaming industry, including the tooling to allow programmers to streamline gaming development.
The company did not offer more details on the actors that would be interested in investing in this fund or the launch date of the proposed instrument.
What do you think about Animoca Brands’ proposed $2 billion metaverse and Web3 gaming fund? Tell us in the comments section below.


Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companie...

news.bitcoin.com

Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects

According to the founder of The Sandbox, the future of the metaverse is in a state of evolution, with both brands and users as important catalysts of growth. 

cointelegraph.com

The Sandbox co-founder explains how the metaverse has evolved for brands: Web Summit 2022


Decentraland (MANA) price broke down below the $0.70 horizontal support area. It was rejected in an attempt to reclaim it. The Sandbox (SAND) previously broke down from the $0.82 level but managed to successfully reclaim it.



Decentraland Fails to Reclaim Breakdown Level



Decentraland is the native token of a virtual world and a non-fungible token (NFT) marketplace, where players can buy land, estates and other game assets. The MANA price has fallen below a descending resistance line since May 15. 



On Oct. 2, MANA price broke down below the $0.70 horizontal area and reached a new yearly low of $0.58 on Oct. 21. 



While it initiated an upward movement afterward, it was rejected by the $0.70 area on Oct. 30 (red icon). The trend cannot be considered bullish unless the Decentraland price manages to reclaim the area and then break out from the resistance line.



If the downward movement continues, the next closest support area would be at $0.44. The support is created by the 1.27 external Fib retracement of the most recent increase.



MANA/USDT Chart By TradingView


Sandbox Initiates Unlikely Reversal



Sandbox (SAND) is another coin that relates to the metaverse since it is the native token of a blockchain game. The SAND price had fallen underneath a descending resistance line since reaching a high of $1.49 on July 20. The downward movement led to a low of $0.69 on Oct. 13, seemingly causing a breakdown below the $0.82 support area. 



This was a crucial development since the $0.82 area had provided the previous yearly low support. 



However, the SAND price initiated a trend reversal and reclaimed the area on Oct. 30. 



The upward movement was preceded by a bullish divergence in the RSI (green line). The indicator has now moved above 50, confirming the divergence and granting legitimacy to the reversal. 



However, the Sandbox price has yet to break out from the resistance mentioned above (red icon). As a result, it did not confirm its reversal. 



The main resistance area is between $1.09-$1.19, created by the 0.5-0.618 Fib retracement resistance levels. The reaction once the SAND price gets there will likely determine the direction of the future trend.



SAND/USDT Chart By TradingView


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The post Metaverse: Decentraland (MANA) Price Falters While Sandbox (SAND) Shows Signs of Life appeared first on BeInCrypto.


Decentraland (MANA) price broke down below the $0.70 horizontal support area. It was rejected in an attempt to reclaim it. Sandbox (SAND) previously broke down from the $0.82 level but managed to successfully reclaim it.
The post Metaverse: Decentraland (MANA) Price Falters While Sandbox (SAND) S...

beincrypto.com

Metaverse: Decentraland (MANA) Price Falters While Sandbox (SAND) Shows Signs of Life

In December, Population: One will receive an update adding sandbox functionality that opens the game up to “tons of open-ended possibilities.”

Meta announced the update today during its annual Connect conference. Here’s a description of what to expect, taken from a Meta Quest blog post:
BigBox VR will introduce POPULATION: ONE Sandbox, a new UGC game creator where anyone can build, share, and play brand new games. Take the action to a moon base. Lay siege to a Viking village. Fight in zero gravity with nothing but swords. There’s plenty to explore. The possibilities are only limited by your imagination. Not a creator yourself? No worries. Discover and play through new or featured community games with friends and vote for your favorites.
Population: One launched in late 2020, offering VR players a chance to squad up and compete in a battle royale fight to the death. The game is heavily inspired – both in terms of gameplay and overall structure – by Epic Games’ flatscreen battle royale success story Fortnite. Just over half a year after launch, Meta acquired Population: One developers BigBox VR.
BigBox VR have consistently supported the game with a multitude of updates and new content since launch. However, this upcoming sandbox update looks set to see Population: One double down on following in the footsteps of Fortnite, which launched its own sandbox tools, Fortnite Creative, in 2018.
The Sandbox update will launch later this year in December, however players on Quest 1 won’t be included – Population: One will end support for all modes on the original Quest headset later this month.


Population: One will receive an update adding sandbox functionality in December!

More info here:

The Sandbox price	$0.610564
Low - High 24H	$0.597087 - $0.635153
Market cap	$956.33M
Volume 24H	$241.83M
All time high	$8.40 -92.71% November 25th 2021
All time low	$0.028978 2012.55% November 4th 2020
Genesis date	N/A

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