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Planet Sandbox Eyes Initial NFT Offering (INO) on DarePlay and Babylons

NewsBTC by NewsBTC
2 years ago
in Company News
Reading Time: 2 mins read

Popular gaming platform Planet Sandbox has announced it’s Initial NFT Offering (INO) on DarePlay as the platform’s inaugural launch and later on Babylons, a popular BSC-centric NFT marketplace. The DarePlay launch will occur on November 10, with a whitelist opening on November 1 for $DNFT and $PSB holders. Babylon’s sale is slated for November 12.

DarePlay’s highly anticipated platform will offer ready-made in-game NFT marketplaces and host a wide range of NFT games. Targeting to be the universal NFT 2.0 protocol for digital assets, DarePlay solves many pain points of NFT 1.0, including many of the hidden risks around owning and transferring NFTs.

Babylon is equally impressive. As a next-gen community-governed NFT marketplace and a leading blockchain gaming aggregator on BSC, Babylon offers low gas fees, fast transactions and an easy-to-use minting platform where a user can create green NFTs, collect from amazing artists and trade their favorite gaming NFTs – all backed by a fully functional DAO fueled by $BABI tokens.

Mystery Box Sales Fuel Planet Sandbox Ecosystem

Planet Sandbox will be revealing new Mystery Boxes which will offer gamers a collection of weapons with varying rarity (5 levels), stars, and special skills. The limited special pricing means that this is the best and first chance for collectors to obtain these assets at a cheaper price than when the game is launched.

Users will be able to own and carry higher-tiered weapons into Survival PvP Mode, sell NFT weapons from the boxes on the marketplace, and even rent guns to other players. The Mystery Box sale will be exclusive to DarePlay and Babylons, where users can easily access and instantly purchase boxes at a reasonable price.

Overview of the INO on DarePlay

In total, there will be 1,500 Planet Sandbox Mystery Boxes for sale for 0.2 BNB each. Purchasers must use BNB to make the purchase. The 1,500 boxes will be divided into three pools. First, $DNFT holders (who have staked for 10 days in advance) will have access to 750 boxes with various tiers explained here. There will be a lottery system if there are more users than NFTs or spots available.

Second, $PSB holders will have access to 450 boxes based on a lottery system. Lastly, there will be a community bucket where 300 boxes will be sold on a first-come-first-served basis.

Overview of the INO on Bablyons

Slated for November 12, 2021, Babylons will offer 2,000 Mystery Boxes. Interested parties in the general sale must qualify by being existing $PSB or $BABI holders or by participating in the ongoing Gleam campaign. The listing price for each box will also be 0.2 BNB with varying requirements for each bucket.

First, 1,000 boxes will be listed for 0.2 BNB and will only be available for Bablyons community members currently holding 3,000 $BABI. Second, 600 boxes will be sold for $PSB holders as a first-come-first-served offering. Last, the 400 remaining boxes will be determined through the Gleam lottery, where 500 addresses will be chosen to enter the round.

More information about each sale can be found by following Planet Sandbox’s official social media channels.

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