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

The Animoca Brands subsidiary and blockchain-based digital world, The Sandbox, has introduced the agency has made a number of partnerships in Hong Kong, and has plans to create a “Mega City” within the metaverse. Partners who acquired land in The Sandbox to construct Mega City embrace Hong Kong tycoon Adrian Cheng, skilled providers agency PWC Hong Kong, and the Hong Kong actress and mannequin Shu Qi.

The Sandbox Announces Mega City Launch

Blockchain tasks like Decentraland and The Sandbox have been seeing important demand as Web3, NFTs, and metaverse hype has grown exponentially in latest instances. On Wednesday, The Sandbox — an Animoca Brands subsidiary and blockchain metaverse that leverages non-fungible token (NFT) know-how — introduced the launch of a “Mega City.” The agency has made numerous partnerships in Hong Kong and the metaverse area will turn into “a brand new cultural hub,” in line with the announcement.

The Sandbox particulars that it partnered with the famend Hong Kong businessman Adrian Cheng, CEO of New World Development, founding father of the K11 model, and Chow Tai Fook jewellery firm’s government director. The blockchain digital world will characteristic Cheng’s XL Estate (24 x 24 LANDs) that goals to be an “innovation hub of Mega City.” A landmark would be the GBA Pavilion that showcases “creativity and tech wonders.” Cheng’s GBA Companies may also present particular experiences like “leisure [and] unique NFTs.”

Award-winning leisure stars like director Stephen Fung and actress Shu Qi plan to showcase unique NFTs. “The Sandbox [plans] to create an thrilling district of Mega City that can showcase their skills and love for artwork and tradition,” the announcement particulars. Furthermore, metaverse followers and The Sandbox customers will be capable of purchase land subsequent to Mega City. The Sandbox has introduced a land sale of property positioned adjoining to the Mega City area. The blockchain digital world startup’s Mega City announcement explains:

To have a good time the brand new companions, The Sandbox will launch a brand new LAND sale on January 13, 2022, that can enable gamers to buy selection spots close to the LANDs of the companions introduced right this moment.

Blockchain Firm Collaborates With 165 Partners

Meanwhile, the mission’s native token sandbox (SAND) has shed greater than 7% in worth this week however over the last two weeks, SAND has gained 6%. Year-to-date metrics present SAND has elevated 13,785% in opposition to the U.S. greenback. SAND has a market valuation of round $5 billion right this moment and $672 million in international commerce quantity. Statistics point out that out of the highest NFT marketplaces, The Sandbox Marketplace ranks 25 worldwide with $15.94 million in all-time gross sales.

According to the upcoming land sale particulars, the corporate’s new estates may be seen on The Sandbox virtual world map. The Sandbox says premium land may also be accessible with unique NFTs and the power to host occasions on the property. Following the announcement, The Sandbox claims that it has acquired 165 companions to this point together with the South China Morning Post, PWC Hong Hong, The Smurfs, Care Bears, Atari, Cryptokitties, Adidas, Snoop Dogg, and The Walking Dead.

What do you concentrate on The Sandbox Mega City and the latest Hong Kong partnerships? Let us know what you concentrate on this topic within the feedback part under.

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