Exclusible Private Islands Sold Out in The Sandbox

Exclusible, a marketplace for luxury NFTs and metaverse real estate, recently announced that it has sold out all 25 of its Private Islands on The Sandbox.

Eminent buyers of the Metaverse properties included eToro, Paris Saint-Germain FC star Marco Verratti, former Victoria’s Secret model Sara Sampaio, FC Bayern Munich’s Kingsley Coman, Serbian tennis star Ana Ivanovic, Swiss tennis player Stanislas ‘Stan’ Wawrinka, and FC Basel Shareholder and entrepreneur Dan Holzmann. 

Private Island on The Sandbox

The Exclusible Private Islands are located strategically adjacent to one of the primary Sandbox lands. These Metaverse islands comprise four different sizes with a variety of attributes, including options for helipads, a private harbor, furniture or assets, and possible interior and exterior customization. 

The sale of these exotic islands was limited to only 25 private islands, with the last purchases limited to personalities with at least 1 million social media followers. The total sum of sales stood at a staggering 910 ETH, which is equivalent to $2.9 million as of February 9. 

Leading social investing network eToro, PSG player Marco Verratti and Entrepreneur Dan Holzmann are among the notable buyers of the virtual land. That said, recently, Exclusible also sold all of its 150 villas in the Exclusible Luxury District, a ‘high-end neighborhood the metaverse’ established in The Sandbox.

As the villa sale began, 75 of the villas amounting to 4 ETH each were sold out within 48 hours during the pre-sale, and another 75 villas costing 6 ETH each were sold out within 5 hours during the public sale. The total value of the villas came to 750 ETH, or approximately $1.6 million. 

With the Metaverse activity picking up, fashion giant Gucci bought LAND in the Sandbox ahead of a virtual fashion week in March.

The Growing Metaverse Craze

With the Metaverse craze taking over, Metaverse tokens have enjoyed decent social attention over the last few months. At press time, however, The Sandbox traded at $4.24 noting 11% weekly losses. 

Decentraland (MANA) exchanged hands at $3.30 noting 4.34% daily gains, while Enjin Coin sat at $1.97 noting 3.80% gains in 24-hours. That said, just a couple of days back, The Sandbox announced that users can now stake its native currency, SAND, on Polygon, this pumped both the tokens’ prices by close to 10% in one day.