In the past six months, the Sandbox DAO has initiated one of the most complex and significant restructuring operations ever seen in the NFT sector: the management and optimization of a wallet exceeding 2 million dollars, now regarded as a true digital investment fund.
Leading this transformation are Joséphine Louis, Kim D., and the head of the SIP26 program. The mandate given to the team has been clear from day one:
purge the collection of illiquid or devalued assets, generate liquidity, and strategically reinvest in blue-chip art, strengthening the DAO’s curatorial identity.
The results? Beyond all expectations.
Summary
A Challenging Mandate in a Crisis Market
The NFT market in recent years has undergone a phase of significant contraction. Many assets purchased during the 2021–2022 period have lost over 90% of their value, with historic collections — such as Yuga Labs, BAYC, or MAYC — experiencing an unprecedented drop in floor prices.
Despite this scenario, the mission assigned to the team was not simply to “sell”:
it had to be done in a strategic, selective, and data-driven manner, reducing losses and maximizing recoverable liquidity.
130 sales in three months, but with a surprising reality
In the last quarter alone, the DAO executed 130 NFT sales. However, the most significant figure is another:
- 95% of the artworks sold are valued between 1 and 1,000 €
- every sale exceeding €5,000–50,000 ranks among the best transactions of the entire quarter.
The team, however, has maintained an impressive pace:
- over $11,000 per week in sales generated
- over $133,000 in liquidations in Q2 alone
- $321,731 generated by summing Q1 + Q2
- 55 assets listed on average each week
Numbers achieved in a market “seeing red,” while the management strategy “sees green” on all internal indicators.
A Three-Pillar Strategy
The Sandbox DAO had set a clear goal:
€200,000 in six months of recovered liquidity.
However, the team is on track to close at 2× this target.
The credit? A clear and consistent strategy, built on three pillars:
1. Exit Optimization
- targeted sale of the most tactical assets: PFP with low cultural correlation, illiquid works, NFTs with minimal turnover
- aggressive relisting when necessary, even below floor price
- use of private deals, direct offerings, market-making, and 1:1 negotiations
2. Capital Protection
- strategic conversions ETH → USDC
- risk management in an extremely volatile market
- conversion of the most exposed assets into stable liquidity
3. Acquiring Blue-Chip Art During Panic Moments
The contracting market has become an opportunity:
- acquisitions of works by leading artists such as Refik Anadol, Larva Labs, William Mappan, XCOPY, Deekay, Snowfro
- consolidation of high cultural value assets in the Vault Collection
- strengthening the curatorial vision of the project
The result is a more coherent, prestigious, and resilient portfolio.
The new curatorial identity of Sandbox DAO
Alongside the operational management work, the team has reconstructed a genuine curatorial vision, based on:
- enhancement of emerging artists connected to gaming and digital culture
- launches of art commissions through DAO Art Commission Grant
- direct involvement of the community in voting on acquisitions
With over 108 blue-chip works now consolidated in the Vault, the narrative of the collection is transforming: from a heterogeneous assortment to a museum-grade portfolio, oriented towards innovation and blockchain culture.
A New Model for Web3 Fund Management
Despite none of the team members coming from the traditional financial world, the management of the wallet is taking on the characteristics of a true investment fund:
- multi-million management
- operational risk management
- treasury conversions
- arbitrage, flipping, lending
- use of TGE, farming, and yield strategies on NFT-native assets
All conducted transparently for the DAO and driven by data, dashboards, reporting, and governance procedures.
A Case History for the Future of NFTs
The Sandbox DAO is providing a concrete example of how the NFT sector can evolve from speculative collecting to professional asset management.
In just six months, the team’s strategy has demonstrated two fundamental truths:
- Even in a severe bear market, an NFT portfolio can generate real and consistent liquidity.
- Works with high cultural and artistic value maintain a central role in building a sustainable NFT ecosystem.
And while the market is going through one of its most uncertain phases, the Sandbox DAO is closing a semester with results doubled compared to the initial targets.
A strong signal, demonstrating how professionalization, curatorial vision, and active management can transform even the most complex collections.
