Cinerama and The Sandbox have introduced an exciting development in the metaverse, offering over 400 digital land plots for sale. Notably, they have already sold more than 70% of their total of 165,000 LAND NFTs.
Cinerama Unveils Virtual Neighborhood
The Sandbox’s latest creation, “Cinerama,” is a virtual neighborhood that provides users with the opportunity to purchase and develop digital properties. This unique space encourages collaboration, idea sharing, and the transformation of film concepts into immersive, interactive entertainment.
Cinerama will feature popular Hollywood franchises such as “The Walking Dead,” “Black Mirror,” “Peaky Blinders,” and “Cheech and Chong.” In addition, renowned production companies like Lionsgate and Skydance, known for films like “Terminator” and “Top Gun,” are actively participating in this venture.
Moreover, the involvement of well-known production companies indicates a high level of industry participation and potentially the integration of content and experiences from these iconic films into the digital landscape of Cinerama.
The collaboration between these entertainment giants and the creation of a digital neighborhood that fosters creativity and interaction among users signifies a potentially groundbreaking development in the realm of immersive entertainment and virtual experiences.
Statement from The Sandbox COO and Co-Founder
Sebastien Borget, COO and co-founder of The Sandbox, highlighted the significance of this project, stating that it not only offers enthusiasts the chance to own a piece of cinematic history but also fosters an environment where creativity can flourish alongside industry giants.
Impressive Sales Figures
To date, The Sandbox has sold over 70% of its total of 165,000 LAND NFTs. These NFTs serve as digital deeds to virtual real estate and their sales have seen significant growth during the recent cryptocurrency bull run.
This surge in interest is also attributed to the heightened enthusiasm for the metaverse triggered in part by Mark Zuckerberg’s decision to rebrand his company from Facebook to Meta.