On Wednesday, February 9, the apparel giant announced that it has purchased virtual land in The Sandbox as part of its Gucci metaverse experience. According to popular Youtube analyst Austin Arnold, not only SAND investors, but 3 more altcoin projects announcing their giant news will excite the community…
Gucci – The Sandbox (SAND) collaboration
Arnold is the latest in the Gucci fashion house. In his YouTube video, he discusses the news that he has purchased virtual property at Ethereum-based metaverse project The Sandbox (SAND). According to the analyst, Gucci’s proposal to open a Blockchain-based virtual store is great news that will get Ethereum (ETH) and The Sandbox investors excited:
This partnership is an important step in the meta universe for selling clothes… Gucci doesn’t want to be left behind, instead it wants to be at the forefront of fashion in this new metaverse. Great news for The Sandbox and Ethereum.
Gucci and The Sandbox (SAND) Details of the collaboration can be found here.
Algorand (ALGO) transfers Staci Warden to CEO position
Arnold later as CEO of Staci Warden, a JPMorgan and Nasdaq graduate of DeFi-focused altcoin project Algorand (ALGO) considers his hiring:
This is a big win for the Algorand Foundation…The new CEO of Algorand has extensive expertise in traditional finance… More and more traditional finance professionals, especially to ALGO and TraFi to Blockchain passing. If you have Algorand, that’s pretty awesome.
Snoop Dogg – Gala Games (GALA) collaboration
Snoop Dogg’s latest collaboration with Gala (GALA) is also on Arnold’s agenda. The world-famous rap artist will release an “NFT LP” exclusively for Gala Games. The analyst talks about the importance of the collection:
If you are a GALA investor, you should be excited by this news… First of all, this can be used by other Blockchains. So, a great win for Gala Games.
Ethernity (ERN) raises $20 million and launches Ethernal Labs studio
Finally, with an eye on the NFT market, Arnold took a look at Ethernity, an NFT auction platform. (ERN) has completed a $20 million initial funding round for NFT and game development at its new studios:
Ethernity has raised a ton of money and through Ethernity it’s new to bring in more IP (intellectual property) to drop NFTs. built a studio…
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