---
title: "The Sandbox — REG-011, The Register"
canonical: https://metaversegroup.com/encyclopedia/the-sandbox/
site: metaversegroup.com
owns: "The reference entry for The Sandbox"
updated: 2026-08-28
kind: reference
---

# The Sandbox — REG-011, The Register

The Sandbox is an open virtual world with a voxel aesthetic and a creator toolchain, in which LAND is a token holders own outright. It sold land aggressively during the 2021 peak in partnership with recognisable brands, and has since recorded the deepest drawdown of the major worlds.

The Sandbox is an open virtual world with a voxel aesthetic and a creator toolchain, in which LAND is a token holders own outright. It sold land aggressively during the 2021 peak in partnership with recognisable brands, and has since recorded the deepest drawdown of the major worlds.

## The supply lesson

Every parcel sold during the peak was also a parcel added to future supply. When the brand cohort stopped renewing, the market held an inventory sized for a population that never arrived. LAND is down roughly 95%, from an average near 2.86 ETH to about 0.13 ETH.

## What to check in any world

Total parcels minted against daily actives. If the ratio is worse than one parcel per daily user, most land will never see a visitor — a structural fact no amount of world-building corrects later.

Position disclosed: Metaverse Group holds no position in The Sandbox.

Disclosed on every page in the estate that discusses this world, generated from one source so it cannot go stale.

CoinGecko Research — metaverse land prices

## See also

Related entries in the Register. Every see-also is reciprocal — if this entry points there, that entry points back.

Metaverse Group, The Register , REG-011 The Sandbox, as at 2026-08-28. https://metaversegroup.com/encyclopedia/the-sandbox/

Reference numbers are permanent and never reused. This entry is corrected by publishing a new entry that supersedes it, never by editing this text — so a citation made today resolves to exactly what it said today.

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