Community-powered virtual world project wants to promote NFT culture with million dollar purchases
The virtual world project The Sandbox paid 350 ETH or little more than $1 million for Moonbirds NFT #2642, making it the most valuable NFT purchase of the week. This also makes the green Moonbird the highest sale in the NFT collection so far. Another green Moonbirds NFT sold for $519,590, suggesting that the buyer could already be looking at a good amount of profit.
The Sandbox is no stranger to buying high valued NFTs from prominent collections. Last year they bought a golden Bored Ape NFT for more than $2.9 million. That particular NFT then became a showpiece in the company’s virtual museum. The purchase of Moonbirds #2642 fits the same narrative, bringing valuable NFT culture into The Sandbox.
The NFT collection owned by The Sandbox contains collectible assets from various projects, including 31 Bored Apes, 21 Mutant Apes, 30 World of Women, 8 CyberKongz, 7 Doodles and…