Whale vault gobbles up virtual real estate for development in The Sandbox

Cointelegraph

Published Sep 10, 2020 01:46AM ET

Updated Sep 10, 2020 03:20AM ET

The Whale non-fungible token vault has become the second-largest holder of virtual land in The Sandbox game — and its owner plans to become a virtual real estate developer.

WHALE tokens represent fractional ownership in The Vault — the private NFT collection of the prominent crypto investor and social media profile ‘WhaleShark_Pro.’ It has garnered a $16 million market cap despite holding just $1 million worth of NFTs, suggesting many speculators believe WhaleShark’s collection of rare tokens is likely to grow in value significantly.

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