The Sandbox Rolls Out Elvis Presley, Leading to a Spike in SAND Token's Worth

It’s still a fabulous time to be the King of Rock and Roll. Even after 45 years since his passing, Elvis Presley is in the spotlight anew, thanks to the unveiling of a Baz Luhrmann film movie that just debuted at Cannes, and in a twist of fate, The Sandbox the platform will also see Presley venture into the Metaverse.

The Sandbox The announcement of Presley’s entry into virtual reality came via Twitter on Wednesday, heralding the arrival of 'Elvis On-Chain.' The Sandbox has teamed up with Web3 studio Run it Wild along with Elvis Presley Enterprises. This collaboration includes names like Decentraland, Dappraft, Metakey, and Voxel Architects as part of the agreement.

To commemorate the year of the King’s birth, 1935, a limited collection of 1,935 Elvis Genesis Key NFTs will be created, granting holders exclusive access to the Elvis-On-Chain experience.

This collaboration served as a major springboard for The Sandbox’s native cryptocurrency, SAND. Its market value skyrocketed by about 20% within just half a day after news of the partnership broke, although it did level off afterward. In a LinkedIn post, Fuad Fatullaev, co-founder and CEO of the entertainment ecosystem and NFT marketplace, pointed out the token's surge, stating that Elvis On-Chain is crucial as it illustrates how effectively the Sandbox Metaverse integrates historic and legendary narratives to connect with countless fans globally. WeWay “Depending on how viral the Elvis On-Chain initiative becomes,” Fatullaev added, “digital avatars may gain significant traction in the near future, as collectors are often drawn to innovative trends. Although it’s hard to specify a timeline, The Sandbox is undeniably establishing itself as a frontrunner in the Metaverse landscape in numerous ways.”

Simultaneously, MANA token experienced a boost too. If this trend serves as a potential indicator for reviving a stagnating cryptocurrency market, we might soon see a wave of classic intellectual property and Metaverse projects emerging.

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