A Sandbox (SAND) investor who became a millionaire from the blockchain-based virtual gaming platform is now investing heavily in a new Web3 project, HedgeUp (HDUP). The project is building the first Web3 investment platform for alternative assets.
From Sandbox (SAND) investor to HedgeUp (HDUP) whale
The Sandbox (SAND) is one of the first metaverses. The Sandbox (SAND) project allows people to create, share, and monetize their own gaming experiences. NFTs are also a crucial part of how the virtual world works.
In-game items like characters and other collectibles can be tokenized into NFTs that players get to trade on a decentralized marketplace. Thus, the monetization.
Given the popularity of the metaverse, early investors in The Sandbox (SAND) native cryptocurrency, which is used for transactions within the platform, won big. Between November 2020 and November 2021, the token went from $0.0353 to an all-time high of $8.40.
This represents a massive return on investment of 23,766%. One Sandbox (SAND) investor went from being a carpenter to a millionaire this way.
Now, the investor is looking for new projects to get behind. He says that HedgeUp (HDUP) has caught his attention because, like Sandbox (SAND) before, it is spearheading an innovative trend in the market.
HedgeUp (HDUP) is building the first Web3 alternative assets investment platform. As a result, many analysts, experts, and investors see it becoming one of the best-performing projects of 2023. This is pushing many of them to accumulate HedgeUp (HDUP), the project’s token, before it shoots up in price.
The First Web3 Investment Platform
HedgeUp (HDUP) says they’re building the world’s first Web3 investment platform for alternative assets. This platform will allow everyday people to invest in alternative assets like gold, luxury watches, diamonds, jewelry, artwork, wines, whiskeys, and more from the comfort of their homes.
Like The Sandbox (SAND), tokenization plays a crucial role in how HedgeUp (HDUP) works. The project has partnered with several established startups to tokenize alternative assets into asset-backed NFTs. The NFTs are made available to investors who then buy and trade them on the platform.
HedgeUp (HDUP) will allow its users to fractionally invest in alternative assets. This means that instead of buying an asset in its entirety, you can own a slice of the asset as an NFT. Therefore, the cost of investment doesn’t have to be as high as it normally is in the alternative assets market.
The HedgeUp (HDUP) team says that it did this to add depth to its investors’ portfolios, while bringing new investors at the same time. This makes the project very promising, so much so that some experts have predicted that its token, HedgeUp (HDUP), will 30x before the end of 2023. Because it offers the potential for such high returns, many investors are rushing to accumulate the token.
This is made better by the fact that HedgeUp (HDUP) is still in presale. The token is currently available to buy at a discounted price of $0.013, making now the best time to buy it. The price will be increased to $0.02 in the next stage of the presale.
For more information on HedgeUp (HDUP) click the links below:
Telegram Link: https://t.me/HedgeUpChat
Official Website: https://hedgeup.io