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A mega-wealthy non-exchange Ethereum (ETH) wallet is on a crypto shopping spree as the markets move cautiously into positive territory.
According to the data aggregator WhaleStats, the cryptocurrency wallet with the handle Bonobo has been splurging to the tune of more than $14 million in recent days.
 
The whale first spent over $1.1 million to acquire 1,199,999 tokens of the layer-2 scaling solution Polygon (MATIC).
Bonobo promptly went back for seconds, gobbling up another 2,049,996 MATIC for a cost of $1.9 million.
Next on the shopping list was the Bored Ape Yacht Club (BAYC) affiliated digital asset ApeCoin (APE), with Bonobo peeling off $1.3 million to acquire 199,999 APE tokens.
The data crunching site also reports that Bonobo has been gorging on FTX Token (FTT), native asset of the FTX cryptocurrency exchange.
The whale initially paid a massive $6.3 million for 203,786 FTT several days ago, then went back for more yesterday and bought another 80,000 tokens for a price tag of $2.4 million.
The last dish on the high-net-worth investor’s crypto feast was virtual world metaverse game The Sandbox (SAND), as the whale tucked away 1,650,016 SAND tokens at a cost of $2.2 million.
Bonobo is currently ranked fourth among richest Ethereum whales, with a wallet total value exceeding a staggering $850 million.
The whale’s holdings have fluctuated considerably over the past month, going from a low of $456 million on July 12th to a high of $961 million on July 21st before unloading $235 million worth of assets over the next five days.
The deep-pocketed trader has since maintained a balance above $800 million since July 28th.
Source: WhaleStats
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The post One of the Richest Ethereum Whales In Existence Accumulates Polygon, Apecoin, The Sandbox and One More Altcoin appeared first on The Daily Hodl.


A mega-wealthy non-exchange Ethereum (ETH) wallet is on a crypto shopping spree as the markets move cautiously into positive territory. According to the data aggregator WhaleStats, the cryptocurrency wallet with the handle Bonobo has been splurging to the tune of more than $14 million in recent d...

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One of the Richest Ethereum Whales In Existence Accumulates Polygon, Apecoin, The Sandbox and One More Altcoin

[PRESS RELEASE – Tampa, United States, 1st August 2022]
Leading metaverse builder community SandStorm has released its highly anticipated “proposal and bid” platform. This metaverse construction market pairs brands with builders from top virtual worlds including Decentraland and The Sandbox, allowing brands to deploy assets and experiences on demand. Its decentralized approach aggregates the best builders to provide unparalleled quality and cost savings to brands pioneering the metaverse.
Similar to on-demand marketplaces like HomeAdvisor and Upwork, SandStorm has already become a hub for thousands of the world’s best metaverse builders to find work. By connecting brands, individual builders, and full development studios of all sizes, SandStorm provides an innovative solution to how legacy brands like Walmart, Panera, and McDonald’s will enter the open metaverse.
SandStorm CEO Steve McGarry said: “Physical location for work has become much less important for many of us over the last two years. At SandStorm, we believe the future of work will be primarily driven by an individual’s skills and their ability to work on a team within the metaverse. As we move into a more digital society, asset creation skills for multiple virtual worlds showcased on a SandStorm profile will level the playing field for finding work.”
The SandStorm platform highlights builders based on Skills, Availability, Communication, Quality, Deadlines, and Team Cooperation. It can be analogized to building a dream home in the physical world, but instead of hiring one local real estate development firm, choosing the best architect in Korea, the best roofer in London, and the best electrician in Canada. Operating in the virtual world, brands can select contractors based on their portfolio of previous work.
Brands can submit a proposal to create an experience in The Sandbox, Decentraland, and soon five additional virtual worlds. Individual builders and development studios from all over the world then place bids using their SandStorm profile. Brands can then select their desired team with the guidance of SandStorm. Once the build is complete, a Transaction NFT (TNFT) is sent to all the involved builder profiles. This allows builders to share their role in the project and promotes the brand’s build to their followers. Brand partners and builders review one another after the build is complete to ensure that all parties have the highest quality experiences.
SandStorm CBO Matt Saricicek said: “SandStorm aims to lower the barrier to entry for brands as the minimum budget to submit a proposal is $1,000 USD for a small group of assets. Once these proposals are approved, they go live in front of over 2,000 verified builders to submit bids on projects of all sizes.
“This is only the tip of the iceberg; there are countless other intelligent and creative individuals all over the world who are unaware of web3 and who will eventually multiply the present community and experiences on web3 by a factor of a thousand. The work of these incredible artists excites us, and we are thrilled to be contributing to this movement.”
JP Morgan has projected the metaverse will be an $8 trillion market by 2030 and there is a massive need for builders and creators to generate content inside all virtual experiences. As SandStorm continues to organize the open metaverse construction market with an enormous amount of pricing data, builder education will play a vital role.
By offering weekly interviews, workshops, and tutorials live streamed directly from their platform, SandStorm welcomes an average of 25 new builders into the space every day. As an on-ramp for eager new builders, SandStorm expects growth to be between 130 to 170 new builders per day by mid-2023.
“We believe that the key to unlocking the potential of future generations is to establish an open platform where anyone can ‘build’ their own destiny by being a creator in the metaverse,” said SandStorm COO Evan Stafford.
Learn more about how to get your proposal in front of thousands of the world’s best metaverse builders in Decentraland and The Sandbox HERE
About SandStorm
SandStorm connects brands with the best virtual world builders, driving down the barriers to metaverse entry. Using SandStorm’s unique “proposal and bid” platform, brands can submit a proposal, accept bids, and hire virtual real estate builders in desirable metaverses. Builders, meanwhile, can leverage their portfolio to connect with clients who will grant them a global audience and showcase their skills.


[PRESS RELEASE &#8211; Tampa, United States, 1st August 2022] Leading metaverse builder community SandStorm has released its highly anticipated “proposal and bid” platform. This metaverse construction market pairs brands with builders from top virtual worlds including Decentraland and The Sandbox...

The Sandbox price	$1.36
Low - High 24H	$1.32 - $1.39
Market cap	$1.75B
Volume 24H	$284.86M
All time high	$8.40 -83.81% November 25th 2021
All time low	$0.028978 4592.78% November 4th 2020
Genesis date	N/A

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