Sandbox teams up with Hong Kong Big Shots to launch Metaverse Mega City

Sandbox teams up with Hong Kong Big Shots to launch Metaverse Mega City
A subsidiary of Animoca Brands has teamed up with some of Hong Kong’s most famous people to create a Mega City in the metaverse.

Metaverse platform, The Sandbox, has announced the creation of Mega-City through the inclusion of a number of partners that continue the expansion of Hong Kong culture in the metaverse. The game’s developer, Animoca, said the new partners have joined the platform through the acquisition of LAND NFT.

According to an official blog post, The Sandbox has added several partners from various sectors such as film, music, entertainment, acting, professional services, gaming, etc.

The main goal is to design a new cultural hub, dubbed – Mega City, as part of plans to expand Hong Kong’s culture into a meta-universe that will showcase the city’s “diverse talents and success stories”. The platform detailed that the city will represent progress in various industries and the region’s vibrant culture.

Some of the new participants who have acquired native LAND tokens to build Mega City include Adrian Cheng, alternative investment leader Sun Hung Kai & Co, professional services firm PwC Hong Kong, blockchain-focused investment and asset management firm TIMES CAPITAL, director/producer/actor Stephen Fung, actress and model Shu Qi, popular musician Dough-Boy, IP game Little Fighter and regional illustrator Dreamergo.

In addition, The Sandbox revealed that it has entered into over 165 partnerships. Some of the best known include German multinational Adidas and American rapper Snoop Dogg. It has also joined forces with The Walking Dead, South China Morning Post, The Smurfs, Care Bears, Atari, CryptoKitties, Shaun the Sheep, among others.

The hype around virtual land property deals has never been greater. The blockchain-based metaverse, Sandbox, continues to ride the wave of a blockbuster year and growing user interest. As a result, its native token SAND has seen significant gains over the past year, from trading at a low of $0.052 to setting an all-time high above $8.4.

Now, however, a market-wide correction has pushed the asset south and it is trading below $5.

07/01/2022 – Mr.Advice NEWS

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