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Thursday, October 6, 2022

Playboy To Launch ‘MetaMansion’ In The Sandbox

Playboy is expanding their gaming in the Metaverse as ‘MetaMansion’ is on the horizon. It will host gaming and programmed events with some future NFT collectibles released from the firm.

The iconic brand has recently teamed up with the NFT-based Metaverse gaming platform and used its Sandbox to launch the project.

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This company hopes to break the internet with the newly announced project that builds on the brand’s Rabbitars NFT pro, which will have 11953 tokenized bunnies. Each of these bunnies went for 800USDs a piece last October.

While we are reporting this, the floor price of these Rabbits has seen a downward slope in its price marking a 74.25% decrease since October.

Playboy’s Latest Venture Into Crypto

Even though the project’s launch date is yet to be decided, Playboy says that the Sandbox users will be able to land the plots of the Metamansion in the coming days. While it may seem like many technical terms, these figures might help you. There could be a strong demand for land in the Metamansion as someone has recently paid 450,000USDs to be Snoop Dogg’s neighbor in the Snopeverse back in December.

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We know some brands have dipped their toes in NFTs to grab some quick money; the lifestyle brand seems to have a long-term plan as they are considering launching MetaMansion in the Sandbox.

The Sandbox has managed to attract a lot of brands and partnerships like Playboy, which helps them get attention to the project. Some notable tie-ups will be The Walking Dead, Snoop Dogg, Warner Music, The Smurfs, and Addidas.

According to CoinGecko, the Sandbox’s price is $1.11 and has been down 86.8% since its all-time high of $8.40 in late November. However, the company cap stands at 1.4billion USDs, making it the world’s fortieth largest crypto asset.  

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