According to the official press release shared with CryptoPotato, the latest move is part of the collaborative effort, in which BlockchainSpace plans to connect a large number of guilds and players to the virtual world created by The Sandbox.
The Sandbox-BlockchainSpace: Collaboration
For the uninitiated, BlockchainSpace describes itself as the “guild hub of the metaverse.” It offers the infrastructure and technology. With the partnership, the team behind the metaverse platform will provide access for its 2,600 guilds and 680,000 players to the growing virtual world of The Sandbox. As per the announcement, BlockchainSpace’s guild infrastructure enables tracking interaction and connects players with the help of its network across the world.
This is not the first time that the two entities have collaborated. In fact, The Sandbox and BlockchainSpace had previously joined forces to develop the Filipino community, launched non-fungible token (NFT) voxel art competitions, among other initiatives.
While revealing that the renewed partnership will be dedicated to introducing more guilds and players into The Sandbox ecosystem, the press release further added,
“Additionally, this is a valuable showcase for BlockhainSpace’s infrastructure and guild network and how it can evolve into projects at The Sandbox level. Scaling up communities for NFT games is a crucial aspect of building and expanding the appeal of the Metaverse. “
The Sandbox and Battle of Metaverse
In November this year, The Sandbox, which is a subsidiary of Hong Kong-based blockchain gaming unicorn Animoca Brands, had raised $93 million in a funding round led by SoftBank’s Vision Fund 2. Other investors such as Animoca Brands, Samsung Next, True Global Ventures, Polygon Studios, Liberty City Ventures also participated in the round.
The sandbox has been widely adopted this year, not least due to the explosion of NFT and the ensuing influx of capital into the industry, which has helped the platform’s growth trajectory. As a result, he has been successful in securing high profile partnerships including Snoop Dogg, CryptoKitties, The Smurfs, Care Bears, among others.
Besides, the latest partnership comes just a day after Adrian Cheng, the Chief Executive of Hong Kong real estate behemoth New World Development, announced exploring metaverse and his plans to invest in the blockchain gaming platform. The property tycoon also went on to reveal his intention to acquire one of its largest plots of digital land.
