The Sandbox, a prominent metaverse platform, is undergoing significant changes as Animoca Brands assumes control, leading to the layoff of over half its workforce and the ousting of its co-founders from executive roles. This restructuring aligns with The Sandbox's strategic initiatives, including the development of its own Ethereum layer-2 network, SANDChain, aimed at bolstering the creator economy. Concurrently, The Sandbox is expanding its reach in the Asian market through a strategic partnership with Polemos, enhancing its Web3 gaming capabilities. Despite these advancements, the platform faces market pressures, notably with a $133 million token unlock that could impact SAND's price. While short-term market sentiment remains cautious, long-term projections suggest potential growth, reflecting the platform's evolving role in the digital economy.
The Sandbox (SAND) Restructuring: What Investors Need to Know
October 10, 2025
1 min read
The Sandbox, a prominent metaverse platform, is undergoing significant changes as Animoca Brands assumes control, leading to the layoff of over half its workforce and the ousting of its co-founders from executive roles. This restructuring aligns with The Sandbox's strategic initiatives, including the development of its own Ethereum layer-2 network, SANDChain, aimed at bolstering the creator economy.