{"id":55152,"date":"2021-12-23T20:12:19","date_gmt":"2021-12-23T18:12:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=55152"},"modified":"2025-09-03T23:57:04","modified_gmt":"2025-09-03T20:57:04","slug":"the-sandbox-token-jumps-about-9-after-pwc-hong-kong-buys-land-plot","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/the-sandbox-token-jumps-about-9-after-pwc-hong-kong-buys-land-plot\/","title":{"rendered":"The Sandbox token jumps about 9% after PwC Hong Kong buys land plot"},"content":{"rendered":"<p>The operator of NFT games Animoca Brands <a href=\"https:\/\/www.animocabrands.com\/the-sandbox-welcomes-pwc-hong-kong-to-the-metaverse\">\u0441\u043e\u043e\u0431\u0449\u0438\u043b<\/a> that PwC Hong Kong acquired a plot of virtual land on The Sandbox platform. The project&#8217;s SAND token jumped about 9% within an hour.<\/p>\n<p><\/p>\n<p>At the time of writing, SAND was trading near $5.82.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"458\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/SANDUSDT_2021-12-23_19-48-10-1024x458.png\" alt=\"The Sandbox token rose 9% after PwC Hong Kong bought a land plot\" class=\"wp-image-159973\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/SANDUSDT_2021-12-23_19-48-10-1024x-458.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/SANDUSDT_2021-12-23_19-48-10-300x134.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/SANDUSDT_2021-12-23_19-48-10-768x344.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/SANDUSDT_2021-12-23_19-48-10-1536x688.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/SANDUSDT_2021-12-23_19-48-10.png 1834w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Hourly chart of SAND\/USDT on Binance. Data: <a href=\"https:\/\/ru.tradingview.com\/symbols\/SANDUSDT\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Animoca Brands did not specify which exact land plot was purchased or the price.<\/p>\n<p>According to <a href=\"https:\/\/dappradar.com\/ethereum\/games\/the-sandbox\">DappRadar<\/a>, The Sandbox app was used by about 4,500 users in the last 30 days. According to <a href=\"https:\/\/opensea.io\/collection\/sandbox?tab=activity\">OpenSea<\/a>, over the last three months the average price of a land plot on the platform was about 2.45 ETH ($9,665 at the current rate).<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The metaverse offers organisations opportunities to create value through innovative business models, as well as new ways to interact with customers and communities. We will use our expertise to advise clients looking to immerse themselves in the metaverse across the full spectrum of potential issues&#8221;, \u2014 said PwC Hong Kong partner William Gi.<\/p>\n<\/blockquote>\n<p>PwC Hong Kong is part of the PricewaterhouseCoopers International Limited network, which operates in 156 countries. According to the press release, the acquisition was made on behalf of a specific entity, not the parent organisation.<\/p>\n<p>Animoca Brands believes that firms like PwC Hong Kong could play a key role in developing an open metaverse. In particular, they could help build an ecosystem friendly to brands that are not familiar with Web 3.0.<\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/animoca-brands-posts-around-530-million-in-revenue-since-the-start-of-2021\">Since early 2021, Animoca Brands&#8217; revenue has stood at about $529.6 million<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The operator of NFT games Animoca Brands said that PwC Hong Kong bought a plot of virtual land on The Sandbox platform. The project&#8217;s SAND token rose by almost 9% within an hour.<\/p>\n","protected":false},"author":1,"featured_media":55153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1689,1275,2060],"class_list":["post-55152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-animoca-brands","tag-pwc","tag-the-sandbox"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=55152"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55152\/revisions"}],"predecessor-version":[{"id":55154,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55152\/revisions\/55154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/55153"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=55152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=55152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=55152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}