The Sandbox's native token, SAND, saw a 3% increase as Forbes announced its new metaverse community hub, set to feature a gallery, pool, and interactive experiences.
Forbes is making a significant move by entering The Sandbox metaverse, a platform renowned for its interactive and user-generated content. Forbes plans to create a community hub within The Sandbox, facilitating interaction, engagement, and collaboration among participants. This virtual estate will feature a luxurious pool, an elegant bar, and a gallery showcasing the 2024 Under 30 recipients, highlighting Forbes' commitment to creating an engaging and visually appealing user environment. According to Forbes' Chief Growth Officer Taha Ahmed, this venture is a testament to Forbes' commitment to technological innovation, offering new avenues for their community to connect, learn, and grow together.
The inclusion of interactive experiences such as a scavenger hunt with QR codes further enhances the immersive experience. This strategic move reflects a broader trend of businesses exploring the metaverse as a new frontier for digital engagement and brand extension. Following Forbes' announcement, The Sandbox's native token, SAND, saw a 3% price increase, from $0.51 to $0.53, indicating positive market reception.
