Metaverse Startup The Sandbox Closes $93M Series B Led by SoftBank

 329 total views

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Metaverse Startup The Sandbox Closes $93M Series B Led by SoftBank

By Eliza Gkritsi

The Sandbox metaverse counts 500,000 registered wallets, the startup said.

Metaverse startup The Sandbox closed a $93 million Series B funding round led by SoftBank, said a press release.

  • The Sandbox is an Ethereum-based platform where players can “play, create, own, and govern a virtual world,” according to its site.
  • Players can own in-game assets in the form of non-fungible tokens (NFTs), such as plots of land that they can build on.
  • The Sandbox token, SAND, has a $2.46 billion market cap, according to data from intelligence platform CoinMarketCap.
  • The startup’s majority stakeholder is Hong Kong-based gaming firm Animoca Brands, an early metaverse and GameFi backer which was valued at $2.2 billion after raising $65 million in October.
  • Other investors in the round include Animoca Brands, True Global Ventures, Liberty City Ventures, Galaxy Interactive, Kingsway Capital, and Blue Pool Capital.
  • Singapore-based True Global Ventures contributed $10 million to the round through its blockchain-focused 4 Plus fund, according to a separate press release shared with Coindesk.
  • The virtual world now has $144 million in gross merchandize value, 500,000 registered wallets, and 12,000 unique land owners, the press release said.
  • The Sandbox has also set up partnerships with names like rapper Snoop Dogg, AMC TV series The Walking Dead, children’s cartoons Care Bears and The Smurfs, gaming brand Atari, and NFT collection CryptoKitties, according to the press release.

    Cryptocurrencies are rapidly becoming a trillion-dollar industry and many are discovering that blockchain technology is the future of the world. For more details and to buy crytocurrency visit:
    Bit-xchange.

 330 total views

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on pinterest
Pinterest
Share on whatsapp
WhatsApp
Share on telegram
Telegram

Subscribe for free to our ANR news emails and access 2 free ebooks plus Reports to share with family and friends about Covid fraud and the danger of the vaccines.

For ANR Smaller Donors please donate below to help fund our critical not for profit work. Together we can defeat mainstream media.

For ANR Small Donation

Related News

Leave a Reply

Your email address will not be published. Required fields are marked *

McIntyre Report
Political Talk Show

Kylie Bartlett show

Craig Schulze Show

1 Billion Views, 100% Censored, But Still 0% Debunked. A Profound Conversation With Mikki Willis

Raw Report

Ryan Jackson Saw show

Australian nurse exposes corrupted medical industry

Top 10 Crypto

in USD

in AUD

in GBP

in CAD

Jamie McIntyre

Truthbook.Social

Currency Exchange Rates in AUD

Live and updated every minute of the day

Current Price of Bitcoin 2.0

Nurses Speak Out

ANR Meme Report

with Nadine Roberts

Episode 002

21st Century Political System

Play Video

Editor's Pick

Enter email to receive ANR News articles, 2 free e-books, plus the Global Health Organisation Report

Download the Full PDF - THE COVID-19 FRAUD & WAR ON HUMANITY