Sandbox attempted to be the one stop shop for metaverse, however they picked a style of graphics that attracts 6 years old... the minecraft style with highly pixelated graphics which I want to puke every time I look at those. I'm not convinced the target market will be real crypto users.
The economics are terrible, and with increased competition I believe this project would need a massive upgrade of their technology in order to stay relevant. I don't think they will be able to pull it off, so I have been short selling this project for the past year and certainly haven't regretted it.
Will the dead cat bounce or will it eventually disappear into oblivion? My money is on being forgotten over the years. On dAppRadar, the metrics are on a downward trend with very little traction. Seriously, 27 Unique Active Wallets interactions on July 21st, 2023... why does this have a $1.3B fully-diluted market cap. Show Less
