Sandbox is one of biggest Metaverse projects and Facebook rebranded to Meta as they changed their products to Metaverse. It makes sense to see Meta acquired Sandbox and add it into their ecosystem.
According to Coinmarketcap, Sandbox is the third biggest Metaverse project but difference between Sandbox and two projects above: Decentraland and ApeCoin is not too big. They can flip over two projects and take the first position anytime in the Metaverse category.
The rumor will heat up Sandbox and Meta on social media and will impact their prices on crypto and stock markets.
Topic: The Sandbox being acquired by Facebook (Meta)? - page 2. (Read 242 times)
I thought this isn't a rumor anymore since Sandbox has claimed that they will maintain a decentralized and open ecosystem[1] for people to thrive in. Plus, Borget says that they will defend their metaverse from Tech Giants including Facebook now Meta[2].
[1] https://twitter.com/ysiu/status/1483456171847700492?t=iM1ZKVzLrIfpBbU7FUr-SA&s=19
[2] https://amp.scmp.com/tech/big-tech/article/3159562/sandbox-founder-says-open-blockchain-based-metaverse-threatened
[1] https://twitter.com/ysiu/status/1483456171847700492?t=iM1ZKVzLrIfpBbU7FUr-SA&s=19
[2] https://amp.scmp.com/tech/big-tech/article/3159562/sandbox-founder-says-open-blockchain-based-metaverse-threatened
I'm not sure if it's a good thing or not to sell to Facebook. It would certainly go a long way towards bringing new users into the Polygon ecosystem and would probably pump SAND's price quite a bit, but might push out some of the anti-facebook crowd away. I think the pros would outweigh the cons, but it would as you say put one more cool internet property under big tech's control. Remember a decade ago before the metaverse when video game streaming was going to be the next big thing? Then Amazon scooped up Twitch, got Microsoft to kill Mixer, and now game streaming is centralized leading to a few big name streamers with huge contracts or half naked girls. I'd hate to see the metaverse momentum killed in the same way, but I do think it would be good for the industry in this case, because a new metaverse can pop up anytime if the Sandbox goes to hell. Just look at what yuga labs is doing. They're trying to surpass 10 years of Sandbox development in 6 months with their Otherside metaverse...
I thought this isn't a rumor anymore since Sandbox has claimed that they will maintain a decentralized and open ecosystem[1] for people to thrive in. Plus, Borget says that they will defend their metaverse from Tech Giants including Facebook now Meta[2].
[1] https://twitter.com/ysiu/status/1483456171847700492?t=iM1ZKVzLrIfpBbU7FUr-SA&s=19
[2] https://amp.scmp.com/tech/big-tech/article/3159562/sandbox-founder-says-open-blockchain-based-metaverse-threatened
[1] https://twitter.com/ysiu/status/1483456171847700492?t=iM1ZKVzLrIfpBbU7FUr-SA&s=19
[2] https://amp.scmp.com/tech/big-tech/article/3159562/sandbox-founder-says-open-blockchain-based-metaverse-threatened
Anyone have any more details on these rumors or incite on what will happen to SAND as a result of a deal (if true) with Facebook/Meta?
I think the idea is still a rumor and not even sure if Facebook will buy the sandbox.I also seen these circulate on Twitter around month of February but up to thia day there is no follow up rumors about that. Maybe its just a gimmick or fomo rumors created by some guys just to pump sand.
But if this will materialize for sure there is gonna be a huge major pump for sand.
It seems that rumors which began in March of this year are really heating up now. There are lots of people on social media discussing a supposedly pending buyout offer of the Sandbox by Facebook (now Meta) for the price of 4 billion dollars. I'm not sure how that would effect their SAND currency, or if the rumors are based in reality, but the total SAND market cap right now sits at around 1.5 billion dollars. While I don't expect this offer to directly translate to a 4 billion dollar market cap for SAND, the popularity of Facebook/Meta would certainly have a positive effect on the development and value of things connected to the Sandbox.
Anyone have any more details on these rumors or incite on what will happen to SAND as a result of a deal (if true) with Facebook/Meta?
Anyone have any more details on these rumors or incite on what will happen to SAND as a result of a deal (if true) with Facebook/Meta?
Jump to: