Metaverse project The Sandbox unlocks $133M worth of tokens By Cointelegraph
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Metaverse platform The Sandbox (SAND) has unlocked a total of 332 million SAND tokens, which is around 16% of the digital asset’s current circulating supply. The unlocked tokens are worth around $133 million at the time of the unlock.
On Aug. 14, The Sandbox proceeded with its scheduled unlock for over 300 million tokens. According to the vesting schedule tracker Token Unlocks, The Sandbox unlocked 71 million for its team, 37.5 million for its advisors, 96.8 million for its company reserve, 24 million for its strategic sale buyers and almost 103 million tokens for its seed sale participants. Each of these holders are now able to trade their tokens into the open market.
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Metaverse platform The Sandbox (SAND) has unlocked a total of 332 million SAND tokens, which is around 16% of the digital asset’s current circulating supply. The unlocked tokens are worth around $133 million at the time of the unlock.
On Aug. 14, The Sandbox proceeded with its scheduled unlock for over 300 million tokens. According to the vesting schedule tracker Token Unlocks, The Sandbox unlocked 71 million for its team, 37.5 million for its advisors, 96.8 million for its company reserve, 24 million for its strategic sale buyers and almost 103 million tokens for its seed sale participants. Each of these holders are now able to trade their tokens into the open market.
Continue Reading on Coin Telegraph
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