The Sandbox (SAND) defied bearish market sentiment, surging over 7% recently. However, a whale transaction involving Hashed CEO Simon Kim unstaking $12 million worth of assets, including 19.02 million SAND tokens, could signal potential selling pressure and a potential decline in value.Investors should remain cautious and conduct thorough research before investing.
Search Results for: Simon Kim
Decoding Future Taxes: Is the Metaverse A New Tax Haven or a Revolutionary Taxation System?
“Harvard legal scholar, Christine Kim argues the metaverse should be taxed immediately, as significant wealth is generated by users through real economic activities. Kim proposes immediate taxation and two enforcement methods: platforms withholding taxes or a ‘residence taxation’ module for users.”
Metaverse Meets eCommerce: Streetwear Brand Opens Virtual Store on Some.Place Platform
Streetwear brand The Hundreds is opening a 3D store in the some.place metaverse platform, offering an interactive shopping experience for exclusive apparel releases. The virtual store aims to promote community interaction and socializing, and will enable users to earn rewards through digital and real-world engagements.