The Sandbox Metaverse Project “Unlocks” $133 Million Worth of SAND Tokens

The Sandbox Metaverse platform has unlocked a total of 332 million SAND tokens, representing approximately 16% of the current circulating supply, with unlocked tokens valued at approximately $133 million at the time of unlocking.

As of August 14, The Sandbox has completed unlocking of over 300 million tokens, according to Token Unlocks, The Sandbox. unlock 71 million SAND for teams, 37.5 million SAND for consultants, 96.8 million SAND for corporate reserves, 24 million SAND for strategic sale buyers, and nearly 103 million SAND for seed cycle participants, each of whom can be traded. These tokens are available on the open market.

Source: Token Unlocks

The next unlock schedule for SAND tokens is February 14th, 2024, at which time Approximately 205 million SAND unlock tokens will be issued and allocated to teams, companies and advisors.

refer : cointelegraph
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