Presale 4.2 of virtual land in The Sandbox metaverse starts on Sep. 15, with over 4,500 of the non-fungible token, or NFT, LANDS up for sale. In contrast to previous LAND sales, the exclusive payment method this time around will be the $SAND utility token.
In fact, going forward, all LAND sold on the platform will be sold for $SAND, as Co-founder Sebastien Borget explained to Cointelegraph:
“From the inception of the project, we designed $SAND — the ERC-20 fungible token that serves as the main utility token of the platform — to serve as a medium of exchange, governance token and staking for rewards. We […] are excited to begin demonstrating the real, in-game utility of $SAND tokens.”
The sale will consist of four waves, with each starting at a different time on consecutive days until Sep. 18. Previous sales have sold out in a matter of hours, so this format, along with the