June 2021
Stock I'm watching this month:-
SAND - The SandboxSector: Crypto
Market Cap: 125 Mil
Price/Earnings: N/A
Price/Book: N/A
Return On Equity: N/A
Return On Assets: N/A
Debt/Equity: N/A
Reasons to watch: The Sandbox is a community driven platform where creators can monetize voxel assets and gaming experiences on the blockchain. Spurred by covid 19 and lock downs, people's lives are moving more and more online. The metaverse (think Ready Player One) potentially could be a place of the future. SAND could be one of the metaverse that profits from this trend. Land sales in the SAND metaverse have been selling like hot cakes and boasts entities like Smurfs, Care Bears, Atari, Avenged Sevenfold, etc.
Risk: There are other blockchain metaverse that could compete for attention. Also, block chain games/metaverse are still not mainstream yet compared to more traditional online games such as Minecraft and Roblox.
Sentiment: Buy
Disclosure: Held
Current Price: $0.24
My Strike Price: $0.24 USD
Disclaimer: This does not constitute any financial advice or stock recommendations. As always, Do Your Own Research.
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