The Sandbox Launches CATALYST Event to Boost LAND Value
The Sandbox, a popular blockchain-based gaming virtual world, has launched a breaking news initiative called CATALYST. This event aims to boost the utility and value of LAND holdings for eligible users. To participate, LAND owners must meet certain conditions before the snapshot deadline on October 17.
To qualify, LAND owners must hold at least one LAND plot and complete the full KYC verification process before the snapshot. The CATALYST allocation follows a point-based system that considers the quantity and type of LAND, as well as creative activity. The Sandbox team encourages LAND owners to double-check their verification status and publish at least one Experience before the snapshot to maximize potential rewards.
Once claimed, CATALYSTs can be used in VoxEdit to mint new assets and decide their rarity tier, which can then be listed on The Sandbox Marketplace. CATALYSTs determine the rarity and strength of in-game assets, influencing their desirability and market value. Eligible users will gain access to the claim page roughly three weeks after the snapshot, with the event remaining open for three months.
The CATALYST event rewards creativity and engagement, offering new tools to enhance assets and increase marketplace visibility. LAND owners are advised to ensure they meet the eligibility criteria before the October 17 snapshot to participate in this exciting opportunity.
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