The Sandbox announced the 100 million SAND Game Maker Game Fund at its first global event, Global Creators Day, held in Hong Kong.
In the statement, it was stated that this fund consists of 100 million SAND tokens.
“Since 2021, the Game Maker Fund has supported more than 200 projects worth $10 million.
Now, from 2024, the new 100 million SAND fund will empower more creators.
“The DAO-based selection system will reward not only creations and content, but also the interaction they create on the platform.”
Following this news, SAND increased by 2.2% to $0.362. At the time of writing, SAND continues to trade at $0.358.
And that’s a wrap! So many exciting announcement at #CreatorsDayHK! But that’s not all! Want to see more of what we’ve got up our sleeve for 2024 and beyond?
🛒 Marketplace L2 launch
🎮 30+ Game Jams in 2024
— The Sandbox (@TheSandboxGame) November 3, 2023
*This is not investment advice.