In a Medium post on Tuesday, the Sandbox team announced that the Council of Fashion Designers of America (CFDA) has now entered the metaverse. In partnership with creative consultancy 5Crypto, the CFDA will work alongside The Sandbox and Polygon Studios to establish a web3 blueprint for American fashion in the metaverse. The Sandbox added that the mission is to educate, innovate, and create a community in a digital world.
The Sandbox is a virtual world built on the Ethereum blockchain, where players can build, own, and monetize their gaming experiences. SAND has added more than 2% to its value in the last 24 hours and currently trades at $2.8177 per token.