A FORMER Facebook and Google employee has made $5,000 after spending “a few hours” playing The Sandbox metaverse game.
Logan Welbaum first invested in the metaverse by becoming a digital landlord in Decentraland and The Sandbox.
He paid the equivalent of just under $2,000 in MANA, Decentraland’s native token, for the digital land but that could now be worth as much as $40,000 just one year later.
Welbaum’s digital land in The Sandbox is also believed to have gone up by $20,000 in just a few months.
But buying digital land remains expensive and a risky way to invest in the metaverse.
One alternative, however, to make money in the space is through play-to-earn gaming.
Welbaum recently earned 1,000 SAND, currently the equivalent of around $5,050, by “playing a few hours” in The Sandbox.
The Sandbox has not yet released its play-to-earn options to the general public but are experimenting by rolling out the Alpha Pass.
The Sandbox Alpha Pass is an NFT ticket which was released on November, 29, 2021 and allowed some users to try out the games and earn crypto.
Players had the opportunity to explore The Sandbox metaverse for the first time, through 18 experiences and earn up to 1,000 SAND and three NFT rewards.
Players without an Alpha Pass are still able to access three full experiences in The Sandbox as well as the Alpha HUB, a central multiplayer experience showing a range of locations and quests.
However, with the Alpha Pass players can earn crypto which can then be turned into money.
To get an Alpha Pass players had to either own LAND in The Sandbox or enter a raffle.
Welbaum was the winner of one of just 1,000 passes.
Some users were selling their passes on the secondary market.
The Sandbox Alpha Season Two has already been confirmed and Welbaum has advised all those who want in to follow the game’s social media accounts for announcements.
