💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Iconic Lifestyle Brand Playboy Tap Sandbox To Build MetaMansion

Published 07/13/2022, 01:28 AM
Updated 07/13/2022, 01:30 AM
Iconic Lifestyle Brand Playboy Tap Sandbox To Build MetaMansion

  • Luxury label and lifestyle brand Playboy will build a MetaMansion game in the Sandbox metaverse.
  • A virtual version of the Playboy mansion will feature gaming, social and programmed events alongside NFT releases from the brand.
  • Holders of Playboy’s Rabbitars NFT project will soon be able to access exclusive experiences at the virtual mansion in Sandbox.

Arthur Madrid, CEO and co-founder of The Sandbox Game, announced that Playboy Rabbitars NFT holders will get private access to events, PLAY quests, and in-game rewards. The virtual version of the luxury label Playboy has teamed up with the NFT-based metaverse gaming platform to launch “MetaMansion.”

The luxury lifestyle brand Playboy’s Web3 offerings include an NFT collection, and the game will add social and programmed events to holders’ calendars. MetaMansion’s launch in the Sandbox Game is a key move for holders of Rabbitars NFTs.

The Rabbitars NFT project consists of 11,953 tokenized bunnies that averaged $800 for a single digital collectible in October 2021. The launch date is yet to be determined and will be announced soon.

At press time, the floor price of Rabbitar NFTs on the OpenSea marketplace is 0.19 ETH, approximately $206. The floor price has declined nearly 75% since the collection’s launch in October 2021.

Sebastien Borget, COO and co-founder of Sandbox, was quoted as saying:

Playboy is emblematic for its charm, lifestyle, and entertainment content that has transcended generations and that has already stepped into Web3 with early success.

Sandbox announced that plots neighboring the MetaMansion of Playboy will be up for sale by the end of Q3 2022. When Snoop Dogg announced Snoopverse in the Sandbox metaverse, a Web3 enthusiast paid $450,000 to be the legendary rapper’s neighbor. A similar event could repeat once Sandbox announces the sale of plots neighboring the MetaMansion.

Sandbox price is expected to plummet to $1.09 before climbing to the $1.29 level. Sandbox’s June 2021 high was $1.40, and the metaverse token could attempt a run-up to the target once it begins its recovery.

SAND-USDT Price Chart (Source: TradingView)

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CQ. No information in this article should be interpreted as investment advice. CQ encourages all users to do their own research before investing in cryptocurrencies.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.