The Sandbox being acquired by Facebook (Meta)?

[dunfida]

It seems that rumors which began in March of this year are really heating up now.  There are lots of people on social media discussing a supposedly pending buyout offer of the Sandbox by Facebook (now Meta) for the price of 4 billion dollars.  I'm not sure how that would effect their SAND currency, or if the rumors are based in reality, but the total SAND market cap right now sits at around 1.5 billion dollars.  While I don't expect this offer to directly translate to a 4 billion dollar market cap for SAND, the popularity of Facebook/Meta would certainly have a positive effect on the development and value of things connected to the Sandbox. 

Anyone have any more details on these rumors or incite on what will happen to SAND as a result of a deal (if true) with Facebook/Meta?

I have just checked out on SAND
https://coinmarketcap.com/currencies/the-sandbox/

Max Supply
3,000,000,000
Total Supply
3,000,000,000

Currently circulating
1.26B SAND which is 42%

Price is way too far compared into its ATH but if this situation would come into fruition or reality then expect that
there would be significant price rise but not really that much into that certain extent that it could reach out the rooftop.

[posi]

I don't think Facebook will buy Sandbox. They are building their own metaverse. That said, I think there is a place for decentralized metaverses, and that's why I am heavily invested in DRC, CNDL, and ATRI metaverse projects.

I’m also wondering with this since Facebook is a huge company and they can really have their own project and introduce it into the public. Maybe because of the government pressure, Facebook is trying to look for other ways to adopt cryptocurrency and this one can also be a good decision. Metaverse is still young, and I’m sure they can offer more food stuffs for us, and that’s why I’m also investing with them.

Since they are also developing their own metaverse, the acquisition of the sandbox is not surprising, once the sandbox is owned by Facebook it will be a product of facebook and they can change the name, can integrate sandbox integrated into their product.

If this rumor is true, it can be seen that this metaverse field is very potential when traditional companies are encroaching on it. My prediction the metaverse will be the next trend for the market, when the bear market ends, the bull market comes, these metaverse projects will explode and create a trend in the market.

[slaman29]

Some South Koreans in my workplace also mentioned their local bank (which is pretty big in their home and sponsors the national football team) is also now into Sandbox and building some metaverse bank facilities. Not sure how true or how big, since it's second hand news but does appear like they're going really big with things huh. Doubt it'll really affect token prices though.

[RussianEnglishTranslation]

Some South Koreans in my workplace also mentioned their local bank (which is pretty big in their home and sponsors the national football team) is also now into Sandbox and building some metaverse bank facilities. Not sure how true or how big, since it's second hand news but does appear like they're going really big with things huh. Doubt it'll really affect token prices though.

I believe it. The metaverse is the evolution of the metaverse. Everything will eventually move over to VR virtual spaces. That's why I'm dedicating 33% of my portfolio to metaverse projects like CNDL, ATRI, ENJ, and DRC.

[slaman29]

Some South Koreans in my workplace also mentioned their local bank (which is pretty big in their home and sponsors the national football team) is also now into Sandbox and building some metaverse bank facilities. Not sure how true or how big, since it's second hand news but does appear like they're going really big with things huh. Doubt it'll really affect token prices though.

I believe it. The metaverse is the evolution of the metaverse. Everything will eventually move over to VR virtual spaces. That's why I'm dedicating 33% of my portfolio to metaverse projects like CNDL, ATRI, ENJ, and DRC.

The metaverse is the evolution of the universe you mean? Just guessing

I know and believe VR will be an alternative but I don't think EVERYTHING will move over. Just look at Covid when majority of people suddenly forced to work remote. People realized not everyone is able to work virtual or remote. Fine for me, since I'm used to it.

Remember early Bitcoin people thought they would replace all money. It just isn't happening. New technology is alternative and not necessarily what everyone wants.