The Sandbox announces a strategic partnership with Lionsgate and Skydance, introducing Cinerama LAND – a pioneering virtual cinema concept. This collaboration represents a significant leap in the development of the metaverse, offering users the freedom to create and explore immersive cinematic universes. This launch aims to revive interest in digital environments, which had declined following the height of the metaverse’s popularity in 2021.
The Sandbox, a rising company in the metaverse, is striving to drive this innovation, cementing its conviction in the potential of the metaverse as the future of the internet. The initiative seeks to expand the frontiers of digital entertainment, inviting users to a unique cinema experience.
Sebastien Borget, COO and co-founder of The Sandbox, expressed excitement about this advancement. In his words: “We are really excited about the sale of Cinerama LAND as it represents a significant milestone for The Sandbox. This event not only offers enthusiasts the opportunity to own a piece of cinematic history, but also fosters an environment where creativity flourishes alongside industry giants.”
The Sandbox Sets Cinema-Focused Network With Lionsgate & Skydance https://t.co/XMuj164cv7
— Deadline Hollywood (@DEADLINE) November 9, 2023
This innovative project allows users to register and purchase digital properties for development. The initiative fosters collaboration between developers, encouraging the sharing of ideas and the redefinition of the cinematic experience in a more immersive and interactive environment.
To facilitate sales, The Sandbox has implemented a watchlist system. This system allows community members and interested parties to secure the desired land, creating a fair and accessible auction environment. This process is available on platforms such as Mar Aberto and GBM, expanding the reach and participation in the acquisition of LAND.
Cinerama will highlight acclaimed works such as ‘The Walking Dead’, ‘Black Mirror’ and ‘Peaky Blinders’. 400 LAND lots will be made available, maintaining The Sandbox’s impressive track record of virtual land sales. To date, the company has sold approximately 70% of the more than 160,000 LAND NFTs created.
LIGHTS, CAMERA, ACTION! 🎬
The CINERAMA LAND Sale! 🎥 The perfect place to build your own cinematic dreamworld.
🍿 Raffle Sign Up OPEN 🍿 https://t.co/UvVPNkfgIs pic.twitter.com/aF6M3vtlCw
— The Sandbox (@TheSandboxGame) November 9, 2023
The sale of LAND follows a specific schedule, with registration for the draw scheduled to begin on November 9th, and the results to be revealed on November 23rd. Land sales will take place between November 23rd and 27th, followed by waitlist sales until November 28th.
Furthermore, the launch of Cinerama coincides with the recovery of The Sandbox’s native token, AREIA, which has seen growth of over 40% in the last month. This moment is strategic, as it demonstrates investors’ continued interest in altcoins and the potential of cryptocurrencies, despite variations in interest in the metaverse and virtual lands.
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