Odaily Planet Daily News: The Sandbox, a decentralized gaming platform, announced the launch of its decentralized autonomous organization (DAO), The Sandbox DAO. The DAO plan will be implemented in three phases, allowing The Sandbox (SAND) holders, virtual LAND holders to vote on projects, and propose improvements through Sandbox Improvement Proposals (SIPs). The first phase will begin on May 28, and the community will be able to vote on SIPs; however, The Sandbox staff will still manage some operations. The second phase of the DAO's implementation is considered its "exploration" phase, and it is expected that the Sandbox DAO will be able to be self-reliant-separated from the parent company. By the third phase, the DAO is expected to be fully operational and achieve community-driven governance. (Cointelegraph)