The Sandbox

While Web3 seeks to reinvent itself after the bursting of the speculative bubble, The Sandbox is going through a major crisis. The French pioneer of the blockchain metaverse has just announced the layoff of more than half of its workforce and the eviction of its two co-founders. This brutal restructuring occurs in a climate of growing disinterest in 3D virtual worlds and is accompanied by a spectacular drop in the project valuation, now forced to rethink its future.

The rise of cryptocurrencies in the gaming sector is a phenomenon that is increasingly attracting attention. These digital currencies, initially popular in finance and investment, are now finding their place in the gaming universe. Altcoins, variants of traditional cryptocurrencies like Bitcoin, stand out for their unique features and adaptability to the specific needs of video games. They not only offer a new form of transaction within games but also open up unprecedented possibilities for player engagement and the development of the virtual economy. This article presents the main altcoins related to video games and highlights their influence in this rapidly expanding industry.

According to analyst Rekt Capital, three altcoins could soon be on a bullish trend. The well-known trader believes that litecoin (LTC), ATOM and SAND are all showing warning signs of an imminent rise. He shared his thoughts with his followers on Twitter.