332 million of Metaverse platform Sandbox $SAND tokens will be unlocked next Monday, worth $133 million.
According to TokenUnlocks, 50% of the tokens will be allocated to the team and company reserve. Sandbox advisors will receive about $15 million worth of tokens, while the remaining rest will go toward those that participated in the strategic and seed sales of SAND. Each of these parties will be able to sell their positions for the first time.
60 million SAND tokens were transferred out of the multisig Sandbox Genesis smart contract one week ago, according to block explorer Etherscan, a sign that the unlock had already begun.
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