Big News, Sandbox Purchases Moonbird #2646 for $1Millon

The Sandbox Purchase

The Sandbox, a subordinate of Animoca Brands and a top metaverse, purchased Moonbird #2642 for 350 ETH or roughly $1 million last week. After buying #2642, Sandbox mentions on Twitter that it will showcase Moonbird #2642 alongside other “100s” NFTs, adding utility to The Sandbox metaverse.

Here’s the tweet,

The company adds Moonbird #2642 to its long list of 500+ NFTs collections. This collection also includes Bored Ape Yacht Club #3749 and World of Women #6025, along with two other relatively infamous and rare NFTs.

According to certain data, Moonbird #2642 is tied for the ninth-rarest position in the 10,000 NFT collection. It holds just three features: Legendary Sage feathers, a Jade body, and a Jade Green background. All three features surface in less than 1 percent of the Moonbird NFTs.

What The Sandbox will do with Moonbird #2642 still remains to be seen. But, rumor has it that the company plans to use its rare BAYC NFT in a game. The Sandbox has indicated that Moonbird #2642 will add utility to the metaverse, though it’s unclear “how” at this moment.

In addition, Sandbox also purchased Moonbird #9619 to add to its collection. It consists of seven traits: a Short beak, Visor for eyewear, Metal feathers, Diamond headwear, a Robot body, a Punk jacket, and a Yellow background.

Moonbirds Booming in Sales Volume and Stature

Moonbirds, the most anticipated launch of 2022, rapidly exceeded nearly everyone NFT enthusiast’s expectations. It soared up from its mint price of 2.5 ETH in less than a day and soon became the leader in 30-day sales volume. It surpasses the Bored Ape Yacht Club and Azuki collections.

As of now, it has a 29.5 ETH floor and 116,800 ETH traded, a sign of the NFT community’s bullishness on the team behind the collection or the new inflow of money from experience capitalists. 

Possibly describing the popularity of Moonbirds is the man behind the collection, Kevin Rose.

A venture capitalist well-known in the tech and crypto worlds had successfully created an ultra-exclusive NFT collectors club named The Proof Collective before Moonbirds. Proof  Collective counts many high-profile NFT collectors as members, including Beeple.

Kevin Rose gives hints on different parts of the Moonbirds roadmap. These include airdrops and the building of a potential metaverse. For now, the Moonbirds NFT holders get access to a special Discord server and the capability to showcase their Moonbirds as PFPs on social media.

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NFTHI does not recommend any kind of Investment in NFTs or NFT trading. All the strategies are merely educational references.

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