The Sandbox: Revolutionizing the Creator Economy in the Metaverse
Imagine a decentralized virtual world where culture meets playfulness, boasting over 1,000 user-generated experiences and a community of more than 5.7 million members. This is the vision of The Sandbox, a division of Animoca Brands, aiming to shape the future of the creator economy within an open metaverse.
Animoca Brands Investing in the Future of the Metaverse
- Strategic Funding: Animoca Brands, a pioneer in promoting digital property rights within the open metaverse, has secured $20 million in convertible notes, with a valuation cap of $1 billion.
- Leading Investments: Kingsway Capital and Animoca Brands led this strategic funding, with the participation of LG Tech Ventures and True Global Ventures.
- Conversion Opportunity: Note holders have the option to convert them into shares of Bacasable Global Limited under the same conditions as existing preferred shares.
Yat Siu, the co-founder, and executive chairman of Animoca Brands, expressed excitement about The Sandbox’s vision and the future of User-Generated Content (UGC) games, emphasizing the importance of continued support for this innovative concept.
Metaverse Guide: Fandom Power and Global Partnerships
- Mobile Expansion: The Sandbox plans to launch a mobile version of its decentralized metaverse in 2025, allowing wider accessibility.
- User Milestones: With over 5.7 million user accounts connected to cryptocurrency wallets, The Sandbox has reached 1,000 user-generated experiences on its virtual map.
- Strategic Collaborations: The platform has over 400 global partnerships with entities like Lionsgate, Hellboy, and Habbo, working on engaging experiences with these brands.
The Sandbox has positioned itself as a leading application in Web3, attracting new users and empowering creators through educational initiatives and game jams. Over 60,000 NFT avatars have been sold and utilized in the virtual world, enhancing digital ownership and user experience.
Explosive Growth and Global Reach
- Milestone Achievements: The Sandbox facilitated over 25,000 landowners to publish their experiences and inaugurated a thriving Marketplace on Polygon’s L2, resulting in over 11,000 unique digital goods minted.
- Trusted Partners Network: The ecosystem includes over 250 Trusted Partners, aiding brands and IP holders in creating immersive metaverse experiences for their audiences.
- Global Expansion: The Sandbox is set to explore new markets in Vietnam, Saudi Arabia, Africa, and beyond, fostering the growth of the creator economy worldwide.
Hot Take: Join The Sandbox & Shape the Future of the Metaverse!
As The Sandbox continues to revolutionize UGC games and digital ownership in the metaverse, there is a unique opportunity for you, the crypto enthusiast, to actively participate in this dynamic ecosystem. By engaging with The Sandbox’s innovative tools, social interactions, and avatar skills, you can contribute to reshaping the future of gaming and entertainment in the open metaverse. Join this thriving community, explore new cultures, and unleash your creativity in the ever-evolving world of The Sandbox!
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