2 Coins Can Make us Millionaire
Brand | Tech Giant | Growth | Potential | Token | Use | 2024
Many people are curious to know which crypto coin can give us 50 times bigger returns in a coming future. There are some coins which was supported by some giant companies, projects, financial groups, firms. What development are they doing on their project and it is necessary to know the current status of their growth.
Many people are curious about Sandbox’s future potential. In 2022, Sandbox proved its worth. This project is now 90% down. Even though the price of Sand Token has been steadily declining throughout this bear market, this project’s development is still ongoing.
Let’s look at some points to assess if this is a coin for the future or not.
2012
Sandbox 2D games were already on the market when Crypto launched in 2012. Since 2012, Sandbox has been working in the game sector. Arthur Madrid and Sébastien Borget both started in the game business together, and by 2017, both had accomplished a lot. Seeing the potential trend and future of cryptocurrency, the idea arose to create a new item in the market by merging the game with cryptocurrency.
Sandbox adopted Ethereum’s blockchain after the 2017 bull run. At that time, the platform-building process began with the acquisition of a tiny gaming industry. On this platform, you may buy land, monetize it by developing a game, exchange NFTs, and rent it out to anyone who wants to create a game on the property. ERC-721 t his blockchain is designed for NFT, therefore each character is unique and does not suffer from the problem of duplicate use.
Partner
Their collaboration is quite powerful since it includes many big brands such as adidas, Snoop Dogg, Atari, and Binance.
Land
The price of a tiny 1x1 sandbox land is around 0.93 Eth, with a maximum or ever more than 50 Eth. You can make tools in this land, purchase gaming toys in the store, and buy them if you wish to add features to gaming in the shop.
These are all old things but… What has been added in 2022?
Growth
Recently, a partner program was introduced. Everyone is surprised to when they saw the data list of new projects brought to their ecosystem in 2022. More than 400 companies have joined them, as have 200 agency partners, more than 100 game studios, more than 20 education partners, and more than 10 tech partners. The ecosystem of Sandbox has grown incredibly robust and powerful.
12 million dollars have been raised for gaming. NFT has been launched in seven different regions whose locations have been determined; they will then raise funds by selling NFT.
5 new offices have been opened in the United Kingdom, Canada, Uruguay, Thailand, and Singapore. In new nations, it has already begun to spread rapidly.
Tocokonomic
They only have two tokens:
- The Sandbox ( SAND )
- Land ( LAND ) ( Token just for show )
Whatever land is sold comes from the land token, which is for the nft. So far, 19973 land have been sold.
Out of the 3 billion total supply, 50% have already been issued in the market, and the other 50% will do so over time. The all-time high was $8.40, and the current price of sand token is $0.80.
$7 million raised through private sale and nft sale.
Unload
SAND tokens will be unlocked on February 13th, April 13th, June 13th, August 13th, October 13th, and December 13th. Many investors and projects receive tokens for a set period of time, with the quantity kept public in a wallet. Every project follows the same pattern. By the end of 2023, 80% of the supply will have been poured into the market.
Potential
When the Sand token reached an all-time high, the market cap reached $7 billion. However, according to Tokonomic, supply will enter the market this time, resulting in 2.4 billion supply throughout the bull run.
This supply could achieve a market cap of 30 billion to 35 billion in a bull run, which would bring the SAND token price up to around $25. This means it may be Minimum 30X (times) the present price. If demand is increased further, it has the potential to reach a market valuation of 40 to 50 billion.
2024
Has been in the gaming business since 2012 and plans to decentralize the entire game in the coming years. According to the sandbox, all of its tokens will be available in the market by 2024, after which the community will manage it.
Unique
The stage the sandbox has currently reached, they will not be able to achieve other new projects. Community, Brands, Studio, Gaming, Tech, NFTs, projects, Agency, all these are related to both crypto and private type, it is a big deal to have so many in one project. This brand will be able to create value. If gaming industry like Tencent, Epic Games join hands with sandbox then no one will be able to stop Miracle.
Sandbox has prepared to reach the Moon, whose spacecraft will become SAND. We took the ticket for SAND spacecraft, maybe we can also enjoy space with sandbox.
Mana has a collaboration with Apple. Apple has announced that it will create 3d virtual gadgets with Mana. Mana has had a 160% uplift as a result of this news. Apple is the most lucrative company in the world’s technology industry. They only deal in a few things. Apple sells a ( Polishing ) cleaning cloth for the sole purpose of cleaning the screen for $19. If this gadget is actually created, it is up for debate as to what price it will be offered for sale. Apple’s name alone is enough to make something costly.
You can estimate what the value of Mana will be if new Apple gadgets hit the market; there will be a good hype in the market.
Everyone’s attention is drawn to the future, which is the metaverse.
Burn
Whatever occurs on Mana’s Marketplace, the seller must pay a 2.5% charge. You must use the mana token to purchase all assets. A limited number of Mana tokens are used throughout all of this activity. The seller pays a 2.5% charge on the asset, which is then burned.
When we acquire land in Mana, the majority of the money that comes from it is burned.
You may acquire assets such as land, collectibles and customize them to your liking. You may customize your digital land to your liking. Many events are hosted in Mana’s metaverse, just like in the real world, including a music festival and a fashion week.
The DAO provides funding for these events. The community votes to determine what type of building is necessary for the event.
Layer2
Mana has integrated with polygon. There is a problem with high gas prices in Ethereum, and there is limited capacity to take on extra traffic, therefore layer2 is the solution to this problem. Because the polygon is at the top of the Layer2 scaling solution, cooperation with Matic ( Polygon ) is done. You may acquire any asset via Polygon’s network, and the transaction is free up to a certain amount.
In the past, supply inflation was 1.6%. The burning token rate will grow in comparison when it is utilized more.
Potential
Over 600 million tokens have been burnt so far, with 83% of the supply market circulating.
In the bull run, Mana reached a marker cap of 10 billion in 2022. Because of the burn, as soon as new supply enters the market, the price will not fall significantly, resulting in a positive project value. Given all of this, it has the potential to reach a market valuation of up to $50 billion over the next bull run, implying returns of up to 60X.
Sand vs Mana
Many companies have taken advantage both of these initiatives for new gadgets, gaming, metaverse, and events. Both coins are powerful and have the potential to reach 50x. These two are rivals, and the battle to be the best metaverse project will continue.
The sole difference between them is that mana tokens burns while sand does not.
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Disclaimer
This is not a Financial Advice. This article is meant only for educational purpose. I am just sharing my thoughts and analysis based on my many years of experience.