The next targets for this parabolic bull run are as follows: First target: $4.25 Second target: $5.99 Third target: $7.72 Fourth target: $8.79
The Sandbox has recently raised $93 million in a funding round led by SoftBank to help grow its virtual world based on NFTs. The money comes an estimated $30 billion fund from one of the world’s biggest companies. Other investors in the round included Animoca Brands, True Global Ventures, Liberty City Ventures, Galaxy Interactive, Kingsway Capital, Blue Pool Capital, LG Technology Ventures, Alpaca VC, Graticule Asset Management Asia, Com2uS, executives at GoldenTree Asset Management, Nokota, Sun Hung Kai & Co, Sound Ventures, Red Beard Ventures, SCB 10X, Polygon Studios, Samsung Next, Double Down Partners, StakeFish, SterlingVC, and HodlCo.
Arthur Madrid, CEO of The Sandbox, said that the money will help the company grow beyond gaming into economies such as fashion, architecture, virtual concerts and shows, art galleries, museums, and more. Madrid and his cofounder Sebastien Borget said they want to build the metaverse.
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