The Sandbox buys Moonbird #2642 for $1 million

The Sandbox, a subsidiary of Animoca Brands and a top metaverse, bought Moonbird #2642 last week for 350 ETH or about $1 million. After the purchase it is wrote on Twitter that it will showcase Moonbird #2642 alongside “100s” of other NFTs, adding utility to The Sandbox metaverse.

The company is adding Moonbird #2642 to its “500+ NFTs collection,” which includes Bored Ape Yacht Club #3749 and World of Women #6025, two other relatively infamous and rare NFTs.

According to data from Rarity Sniper, Moonbird #2642 ranks ninth in the 10,000 NFT collection. It has only three properties: legendary sage feathers, a jade body, and a jade green background. All three traits occur in less than 1 percent of Moonbird NFTs.

What The Sandbox will do with Moonbird #2642 remains to be seen. Rumor has it that the company planned to use its rare BAYC NFT in a game. The Sandbox has hinted that Moonbird will add #2642 utility to the metaverse, though it’s unknown “how” at this point.

The Sandbox also bought Moonbird #9619 to add to its collection. #9169 is ranked #123 in rarity according to our data. It has seven features: a short beak, a visor for glasses, metal temples, diamond headgear, a robot body, a punk jacket and a yellow background.

Moonbirds skyrockets in sales volume and status

Moonbirds, arguably the most anticipated launch of 2022, quickly surpassed almost everyone’s expectations. It rocketed from the new price of 2.5 ETH in less than a day and quickly became the leader of 30-day sales volume, bypassing the Bored Ape Yacht Club and Azuki collections.

Today, it has an ETH floor of 29.5 and a traded ETH of 116,800, a sign of the NFT community’s positivity about the team behind the collection or the new influx of money from venture capitalists.

Perhaps explaining the popularity of Moonbirds is the man behind the collection – Kevin Rose. Rose, a venture capitalist well known in the tech and crypto world, had successfully founded an ultra-exclusive NFT collectors club called The Proof Collective before Moonbirds. Proof counts many high-profile NFT collectors as members, including Beeple.

Kevin Rose has hinted at several parts of the Moonbirds roadmap, including airdrops and building a potential metaverse. For now, Moonbirds holders will have access to a dedicated Discord server and the ability to showcase their Moonbirds as PFPs on social media.

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