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Robinson
@sebastiang
The Sandbox’s collaboration with Warner Music Group, announced in 2022, created a music-themed virtual world, but specific data on IP land vacancy rates remains scarce. A 2023 report indicated that 70% of The Sandbox’s 165,000 LAND NFTs were sold, implying a 30% vacancy rate overall. However, no direct evidence confirms whether the Warner Music Group’s specific IP land exceeds a 70% vacancy rate. The Sandbox has seen robust engagement, with over 23,500 LAND owners and partnerships with brands like Ubisoft and Gucci, suggesting active development. Without granular data on Warner’s LAND, it’s unclear if their vacancy rate aligns with or exceeds the platform’s average, though broader metaverse enthusiasm has cooled since 2021.
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