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Home Altcoins

SandBox to Deploy LAND on Polygon: Here’s what it means

by Dalmas Ngetich
Jun 29, 2022 - 12:00 am
in Altcoins
Sandbox has announced its readiness to deploy LAND on Polygon. Real estate owners on the Sandbox metaverse can now transfer assets from Ethereum to Polygon.

On the 28th of June, 2022, Sandbox announced its readiness to deploy LAND on Polygon. Real estate owners on the Sandbox metaverse can now transfer their LAND and SAND from Ethereum to Polygon.

https://twitter.com/ArjunKalsy/status/1542001105743351809?s=20&t=NGahllOO00ySofx7Bag-TA

This bridge will permit users to move their assets to the polygon network quickly, easily, and with low gas fees.

What the Bridging Means for Polygon and SAND Users

Through the Polygon Bridge, tokens will be transferred between blockchains without disrupting other things. Notably, though, the bridge does not change the supply, utility, and value of tokens transferred by users. All it does is enhance the connection between Ethereum and Polygon blockchains.

In addition to making transfers easy, the Sandbox team announced some juicy offers for users who engage in land bridging. A 10 mSAND cashback would be granted to users for each bridged LAND. 

Also, Land multipliers are back in the current polygon staking infrastructure. LAND sales, estate creation, modification, and LAND staking are also coming soon.

This new feature arguably comes with so many opportunities and a lot of users will be motivated by the cheap gas fees to make the most of this metaverse innovation. Both Sandbox and Polygon community members are awed by this new update and they cannot hide their excitement as they await what is to come.

In the last year, Sandbox has been one of the largest metaverse projects out there. TIME recently partnered with Sandbox to build TIME Square in the metaverse. Its versatility is applaudable as it creates room for digital creators, gamers, artists, fashion enthusiasts, and lifestyle experts.  There are about 3 million users of the Sandbox wallet, 21,000 land owners, and 300 major brands. These statistics point toward Sand’s immense growth and stability.

Tags: MetaversePolygonSAND
Dalmas Ngetich

Dalmas Ngetich

His primary focus is on technical analysis (crypto is, obviously, *not* crypto without the twirls of price action), the magic of DeFi, and NFTs. He is specifically training his eyes and effort on DeFi—and how the tech is changing investment, opening up opportunities for everyone—and the possibilities of NFTs.

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