6/12/2023 0 Comments 100m nft the sandboxThe Sandbox also previously partnered with some of the biggest names both inside and outside of the Web3 space, including Snoop Dogg, Gucci, Tim, Atari, HSBC and Warner Music Group. In February 2023, the company signed a memorandum of understanding with the government of Saudi Arabia, pledging to “explore, advise and support” one another in metaverse development. The Sandbox also works actively on broadening its partnerships network. The capital, provided by such investors as VaynerFund, Cité Gestion SPV, True Global Ventures and Digital Finance Group, will be used to expand the company’s distribution network, increase production, and develop new products. Related: AI makes the metaverse safer and more inclusive: The Sandbox co-founderĪt the end of May, Ledger raised $109 million (100 million euros) in a Series C funding round extension, placing its valuation at $1.4 billion (1.3 billion euros). According to the VP of communications at The Sandbox, Ariel Wengroff, the company was “thrilled” with this experience. There will only ever be 166,464 LANDS available, which can be used to host games, build multiplayer experiences, create housing, or offer social experiences to the community. Sandbox LANDS are blockchain-backed tokens (ERC-721 standard for NFTs). In 2022, companies have tried to work together for the first time, promoting crypto security education through a game, called School of Block, in The Sandbox’s Metaverse. The Sandbox Metaverse is made up of LANDS, that are parts of the world, owned by players to create and monetize experiences. 2019-12 2021-01 2022-02 2023-03 Month 0 100m Value (USD) 90,215 4,767 268,273. Polygon, a maker of a crypto-based platform for nonfungible tokens (NFTs), has set up a 100 million fund for projects aimed at combining the hot blockchain technology with gaming. The initiative extends the recently established partnership between The Sandbox and Ledger to promote crypto education in the metaverse.īreaking news from #NFCsummit: announces is partnering with /HN5ifHjtjD All NFTs in The Sandbox collection wallet will be transferred to the Ledger Enterprise wallet.Īpart from that, as the release emphasizes, The Sandbox will recommend Ledger Enterprise to its LAND owner ecosystem, while Ledger will promote the Metaverse to its clients. ![]() The Sandbox will appear as a dApp on Ledger Enterprise, a certain widget will also be integrated in the Ledger Live desktop application. The collaboration will include several initiatives. The Sandbox announced a partnership in its official blog on Apr. The latter will get their nonfungible token (NFT) collections migrated to the Ledger wallet. There are a limited number of LANDS, 166,464 in total, each with a unique location. A decentralized Metaverse platform, The Sandbox, will partner with security solution provider Ledger Enterprise to develop security integration for its partners. LAND is a non-fungible (ERC-721) NFT that represents a digital piece of real estate in The Sandbox metaverse.
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