Everyone’s in The Sandbox: Artists, brands and creators pile into the Metaverse

Everyone’s in The Sandbox: Artists, brands and creators pile into the Metaverse

New ecosystem partners, attractive creator incentives and the successful completion of a $93 million funding round are a few reasons why SAND has rallied 393% in the past two weeks. The blockchain gaming ecosystem has seen explosive growth over the course of 2021 as nonfungible tokens (NFT) and the play-to-earn gaming model helped create new income opportunities for people around the world while also ushering in a new cohort of users to the cryptocurrency sector. One project involved in gaming and the building of the Metaverse is The Sandbox (SAND), a blockchain-based virtual world where....


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The Sandbox raises $93M to expand its NFT metaverse

SoftBank Vision Fund 2 led the $93 million Series B round, marking the fund’s first investment into crypto assets. The metaverse continues to be the next attraction point of crypto for investors, with The Sandbox, an Animoca Brands subsidiary and nonfungible token (NFT) metaverse platform, raising fresh capital in a funding round led by SoftBank Vision Fund 2.Marking SoftBank Vision Fund 2’s first investment into the crypto assets, The Sandbox’s Series B round saw $93 million raised with the participation of Animoca Brands, True Global Ventures, Galaxy Interactive, SCB 10X, Polygon Studios....

The Sandbox and Warner Music Group to create music-themed LAND

The subsidiary of Animoca Brands and the global music company open their doors to a new arena for musical entertainment in the metaverse. The Sandbox announced Thursday a partnership with Warner Music Group, or WMG, to create a musical theme park and concert venue within the gaming metaverse. The Warner Music Group LAND in The Sandbox will host concerts and live experiences featuring artists and talent represented by WMG.This initiative marked Warner Music’s first entry into the nonfungible token (NFT) metaverse realm. According to a statement shared with Cointelegraph, its goal is to....

British Investment Bank HSBC Joins Metaverse via Sandbox, Animoca Brands Part...

The British multinational investment bank and financial services holding company, HSBC, has revealed it has partnered with the blockchain virtual gaming platform The Sandbox. According to the platform’s parent company, Animoca Brands, HSBC is the first global financial services provider to enter The Sandbox metaverse. HSBC Steps Into the Metaverse Over the last 12 months, The Sandbox has attracted a great number of businesses and celebrities to the blockchain virtual gaming platform. For instance, The Sandbox has enticed Snoop Dogg, Deadmau5, Atari, The Care Bears, The Smurfs,....

The Sandbox partners with World of Women to drive female education and mentor...

Together they are launching the WoW Foundation and additional educational initiatives, as announced on International Women's Day. The Sandbox metaverse announced its partnership with NFT community World of Women, or WoW, to launch the WoW Foundation. A $25 million grant from The Sandbox will help fund the foundation over the next five years. The mission of the WoW foundation is to amplify female representation in the NFT and metaverse spaces.  As a collection of “diverse and powerful" women sold on the Ethereum blockchain, World of Women shared with Cointelegraph that they aim to lower the....

The Sandbox co-founder explains how the metaverse has evolved for brands: Web...

According to a co-founder of The Sandbox, the future of the metaverse is in a state of evolution, with both brands and users as important catalysts of growth. The building of the metaverse is an ongoing process. Sebastien Borget, co-founder of The Sandbox metaverse, even called the future of the metaverse evolving.Speaking to Cointelegraph’s Gareth Jenkinson at the Web Summit tech conference in Portugal on Nov. 3, Borget said that what we see today in The Sandbox is “the natural evolution of things” after almost a decade of work. The evolution of the metaverse, particularly the way brands....