The Sandbox Partners With a Myriad of Hong Kong Luminaries, Plans to Launch Metaverse ‘Mega City’– Bitcoin News


The Animoca Brands subsidiary and blockchain-based virtual world, The Sandbox, has actually revealed the company has actually made numerous collaborations in Hong Kong, and has strategies to produce a “Mega City” in the metaverse. Partners who got land in The Sandbox to construct Mega City consist of Hong Kong magnate Adrian Cheng, expert services firm PWC Hong Kong, and the Hong Kong starlet and design Shu Qi.

The Sandbox Announces Mega City Launch

Blockchain jobs like Decentraland and The Sandbox have actually been seeing considerable need as Web3, NFTs, and metaverse buzz has actually grown greatly in current times. On Wednesday, The Sandbox– an Animoca Brands subsidiary and blockchain metaverse that leverages non-fungible token (NFT) innovation– revealed the launch of a “Mega City.” The company has actually made numerous collaborations in Hong Kong and the metaverse area will end up being “a new cultural hub,” according to the statement.

The Sandbox information that it partnered with the distinguished Hong Kong entrepreneur Adrian Cheng, CEO of New World Development, creator of the K11 brand name, and Chow Tai Fook precious jewelry business’s executive director. The blockchain virtual world will include Cheng’s XL Estate (24 x 24 LANDs) that intends to be an “innovation hub of Mega City.” A landmark will be the GBA Pavilion that showcases “creativity and tech wonders.” Cheng’s GBA Companies will likewise supply unique experiences like “entertainment [and] exclusive NFTs.”

Award- winning home entertainment stars like director Stephen Fung and starlet Shu Qi strategy to display unique NFTs. “The Sandbox [plans] to create an exciting district of Mega City that will showcase their talents and love for art and culture,” the statement information. Furthermore, metaverse fans and The Sandbox users will have the ability to obtain land besideMega City The Sandbox has actually revealed a land sale of home situated nearby to the Mega City area. The blockchain virtual world start-up’s Mega City statement discusses:

To commemorate the brand-new partners, The Sandbox will release a colony sale on January 13, 2022, that will permit gamers to buy option areas near the LANDs of the partners revealed today.

Blockchain Firm Collaborates With 165 Partners

Meanwhile, the job’s native token sandbox (SAND) has actually shed more than 7% in worth today however throughout the last 2 weeks, SAND has actually gotten 6%. Year- to-date metrics reveal SAND has actually increased 13,785% versus the U.S. dollar. SAND has a market evaluation of around $5 billion today and $672 million in worldwide trade volume. Statistics show that out of the leading NFT markets, The Sandbox Marketplace ranks 25 around the world with $15.94 million in all-time sales.

According to the approaching land sale information, the business’s brand-new estates can be seen on The Sandbox virtual world map The Sandbox states exceptional land will likewise be offered with unique NFTs and the capability to host occasions on the home. Following the statement, The Sandbox declares that it has actually obtained 165 partners to date consisting of the South China Morning Post, PWC Hong Hong, The Smurfs, Care Bears, Atari, Cryptokitties, Adidas, Snoop Dogg, and The Walking Dead.

Tags in this story

Adidas, Adrian Cheng, Animoca Brands, Atari, Care Bears,


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