The Sandbox, one of the companies at the leading edge of the Metaverse, has released the lofty goals of raising $400 million USD in its upcoming funding round to reach a total valuation of $4 billion USD. The new funding round comes less than six months after the platform raised $93 million in a Series B round led by SoftBank’s Vision Fund 2. Other previous investors have included True Global Ventures, Square Enix, Galaxy Interactive and Angelhub with the latest funding round drawing even more attention.
To put it simply, after a few blockchain sleuths went through etherescan they found that the Shiba Inu wallet had deployed three new contracts, for Squawk, Chirp, and Caw – Did this mean that Ryoshi had returned? Or did this go deeper..? I knew after Mr. Colossus called it was game over and time to ape.
Since 2020, cryptocurrency has experienced an unprecedented rise in value and mainstream adoption. However, while this was to be expected from celebrated tokens like Ethereum and Bitcoin, it was not expected to be the case for meme coins like Dogecoin (DOGE). Contrary to what its critics have said, though, Dogecoin has continued to reap the benefits of the crypto boom.
After setting a new all-time high of $54 in October of 2021, Polkadot’s valuation has been in a free fall, currently trading at a shade over $18. Despite shaving off two thirds of its valuation, multiple market indicators are flashing that a bottom for DOT may be in sight.
Financial markets have been on a roller coaster ride over the past several months with holdings have escaped unscathed, yet Cardano (ADA) seems to have been hit harder than the overall crypto market, dropping out of the top five cryptocurrencies in relation to market cap. ADA went on an impressive run to close out 2021, reaching highs of just below $3.00 before losing several critical support levels due to the potential for upcoming policy shifts, the Ukrainian-Russian conflict, and market wide uncertainties before bottoming out at $0.84, which it is currently trading at.
Haus, the company redefining the mortgage and lending space, announced the launch of the revolutionary HausCoin ($HAUS), a groundbreaking new financial infrastructure tool which will serve as an alternative offering to the debt and interest driven Mortgage Backed Security (MBS) markets and bring about a new equity driven marketplace.
Havas Group, one of the world’s largest global communications groups, has announced that they will be joining the metaverse after acquiring a plot of land in The Sandbox.
Over the past several weeks, in the face of market corrections and geopolitical upheaval, XRP whales have been inhaling the digital token accumulating nearly $1 billion worth of XRP in under three months.
Ethereum, the highly touted cryptocurrency and second-largest digital token by market capitalization, has put crypto whales in a feeding frenzy thus far through 2022. With several market dips having already occurred related to crypto bans and new regulations, dismay relating to the Russia Ukraine confrontation have put markets back into the red, creating yet another buying opportunity.
The Sandbox, an Ethereum-based decentralized NFT metaverse leading the charge into the virtual world, has been busy building bridges with the likes of Snoop Dogg and Warner Brothers after announcing partnerships to build exclusive virtual locations for both. Now Chain Games has joined the list after partnering with The Sandbox to get a slice of the virtual pie by agreeing to create an exclusive piece of land within the metaverse where Sandbox users will have access to play all their supported titles.