#TheSandbox Archives - Smart Liquidity Research

The Rise of Crypto Projects Focused on Gaming and the Metaverse

Mische Martinete — Fri, 27 Dec 2024 23:50:20 +0000

The Rise of Crypto Projects Focused on Gaming and the Metaverse! The fusion of blockchain technology with gaming and the metaverse has sparked a revolutionary wave of innovation in the tech world. Crypto projects focused on these areas lead the charge, offering new ways to play, earn, and interact in immersive virtual environments.

What Makes Gaming and the Metaverse a Perfect Fit for Blockchain?

1. True Ownership of Assets
Blockchain technology enables players to own their in-game items and assets through NFTs (Non-Fungible Tokens). This ensures digital items such as weapons, skins, and collectibles can be bought, sold, or traded freely across platforms.

2. Play-to-Earn (P2E) Models
Crypto-powered games redefine traditional gaming economics. With P2E mechanics, players can earn real-world value, such as cryptocurrencies, while engaging in gameplay.

3. Interoperability
The metaverse thrives on interconnectedness. Blockchain technology allows seamless integration of assets and avatars across multiple virtual worlds.

4. Decentralized Governance
Many crypto-gaming projects empower their communities by offering governance tokens, enabling users to vote on platform changes and decisions.

Top Projects Leading the Way

Axie Infinity
As a pioneer in the play-to-earn space, Axie Infinity combines gaming with a robust in-game economy powered by its native tokens, AXS and SLP. Players collect and battle Axies, which are tradable NFTs.
The Sandbox
This metaverse platform allows users to build, own, and monetize their virtual experiences. With its native token, SAND, and extensive NFT marketplace, The Sandbox is a cornerstone of blockchain-based creativity.
Decentraland
One of the first virtual worlds powered by blockchain, Decentraland enables users to purchase virtual real estate, develop it, and engage with a community-driven economy.
Illuvium
Blending AAA gaming graphics with blockchain mechanics, Illuvium is an open-world RPG where players hunt and capture NFT creatures.

Challenges and Opportunities

Despite their potential, crypto gaming and metaverse projects face hurdles such as scalability, regulatory scrutiny, and the high cost of entry for some users. However, advancements in blockchain scalability and wider adoption of cryptocurrencies could further enhance accessibility and growth.

The Future of Gaming and the Metaverse

As blockchain technology evolves, the line between gaming and reality continues to blur. These crypto projects are not just reshaping how we play—they’re creating new digital economies and experiences that could transform the very fabric of the internet.

Whether you’re a gamer, investor, or tech enthusiast, the convergence of crypto, gaming, and the metaverse represents a new frontier filled with untapped potential. Stay tuned, as this space is only just beginning to unfold.

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The Sandbox and Bitkub Collaboration

Eris — Wed, 22 May 2024 12:36:38 +0000

The Sandbox, a trailblazing decentralized gaming universe and blockchain platform, is set to revolutionize the digital landscape through a groundbreaking collaboration with Thailand’s premier blockchain network, Bitkub.

Together, they aim to extend the reach of Bitkub Metaverse into The Sandbox, establishing a metaverse hub that promises users a diverse range of experiences drawn from popular characters within the Bitkub Metaverse.

This collaboration marks a significant leap forward in digital interaction, blending The Sandbox’s blockchain gaming technology with Bitkub’s industry expertise. By interconnecting well-known characters from Bitkub Metaverse, this partnership enhances interoperability and unlocks new dimensions of immersive experiences for users, empowering them to explore the metaverse fully.

“We are proud to welcome Thailand’s leading Web3 and blockchain network, alongside Bitkub Metaverse,” said Sebastien Borget, COO and Co-Founder of The Sandbox. “Together, we aim to open new opportunities in the metaverse and empower creators and users across the region, fostering creativity, innovation, and economic empowerment.”

Passakorn Pannok, CEO of Bitkub Blockchain Technology Co., Ltd., said, “We are delighted to join forces with The Sandbox. This collaboration is a great opportunity to expand to global users and strengthen a dynamic digital blockchain ecosystem that empowers users to explore the blockchain gaming world of creativity and economic opportunity.”

NFT Giveaways to Celebrate their Collaboration:

Celebrate the groundbreaking partnership between The Sandbox and Bitkub Chain, as they fuse cutting-edge blockchain gaming technology with Bitkub Chain’s expertise to craft an unparalleled metaverse hub, offering users a uniquely immersive digital experience.

About Bitkub

Bitkub Blockchain Technology Co., Ltd., Thailand’s leading blockchain network, is the Metaverse Manager of Bitkub Metaverse, a virtual world that provides a range of activities for users. They can meet their friends at various places, such as popular landmarks, scaling buildings, and exploring diverse structures. One of its unique features is the integration of blockchain and digital assets worldwide. This allows for transactions like buying NFTs to take place within the platform. The vision of Bitkub Metaverse is to build a virtual world where users can enjoy their interactive virtual life, which can make everyone happy, have fun, relax, and extend their ability with various digital assets. Bitkub Metaverse forms part of the expansive “XRB Galaxy” metaverse—short for “Extended Reality and Beyond”—which has limitless potential for universal expansion. Advanced technology will drive the development of the XRB Galaxy, featuring multiple planets, including the Bitkub Metaverse.

Website | Twitter

About The Sandbox

The Sandbox is a world where players can build, own, and monetize their assets and virtual experiences on the Ethereum blockchain. They empower artists, creators, and players to build the platform. They always envisioned, providing the means to unleash your creativity and earn income.

Website | Twitter

SOURCE: THE SANDBOX

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Softstar and The Sandbox Partnership

Eris — Fri, 23 Sep 2022 12:20:12 +0000

Softstar Entertainment Inc., an iconic Taiwanese brand of classic PC games, is partnering with The Sandbox.

Softstar will purchase a parcel of virtual lands in the metaverse to build the Softstar MetaPark, where a myriad of stories — both traditional and futuristic — will be introduced to the web 3.0 ecosystem.

Players in The Sandbox will be treated to a wide range of experiences from eastern fantasy about legendary wuxia (martial heroes) to the pursuit of a billion dollars in modern day riches. Popular classic characters from Softstar’s back catalog, including Li Xiaoyao, Zhao Ling’er and Lin Yueru from The Legend of Sword and Fairy series, and Sun Xiaomei, Jin Beibei and Atubo from Richman series, will be ready to accompany fans during their adventures.

The Partnership

Softstar’s decision to join The Sandbox is warmly welcomed because it represents an important step for a traditional games publisher. And underscores the accelerated growth that web 3.0 and the metaverse is enjoying in this new era.

All players and creators in The Sandbox will soon be able to display and utilize in-game assets. And Intellectual Property (IP) created by Softstar in the form of original game experiences that are developed as NFTs.

“We are thrilled that Softstar is now partnering with The Sandbox. As the gaming industry increasingly embraces web 3.0, many traditional games companies are establishing their presence in the metaverse. We look forward to watching Softstar’s development in the decentralized, virtual world of The Sandbox. Where memorable stories can vividly come alive in a highly creative environment. The long-standing success that Softstar has enjoyed will undoubtedly encourage fans and players to create even more original gaming experiences,” said Sebastien Borget, Co-Founder and COO of The Sandbox.

Softstar is also partnering with Lululand, a metaverse studio, and TW The Sandbox Creator Club (TWCC), a Taiwanese creator community, to host its very first web 3.0 exhibition in A Love is Forever, an immersive experience built by Lululand in Alpha Season 3. In addition to showcasing classic Softstar characters and memorable stories. The exhibition will feature a preview of the brand’s on-going work in The Sandbox.

About Softstar

Softstar Entertainment Inc. set its target as becoming the leading company in game development, marketing, and publishing since 1988. From 2008, Softstar Entertainment started actively gearing to international standards and applying a global view. In order to reach the goals of industrial upgrading, product upgrading, and globalizing, Softstar Entertainment continues to develop products. That match international standards and promote them worldwide with outstanding original content as the basis. Many RPGs and SLGs were presented by Softstar Entertainment, including some well-known series such as Sword and Fairy, Xuan-Yuan Sword, Empire of Angle, Richman, and Stardom, etc.

Website | Twitter

About The Sandbox

Website | Twitter

SOURCE: MEDIUM

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The Sandbox Partners with Gravity

Lida Dinnero — Wed, 27 Jul 2022 13:48:15 +0000

The Sandbox Partners with Gravity, so Ragnarok LAND will be built in The Sandbox metaverse, as well as various content and NFTs using Ragnarok IP.

Furthermore, the users can participate in the future Game Jam themed on the Ragnarok universe and characters.

Ragnarok is the main IP of Gravity that is successfully servicing by both PC and mobile. This global Intellectual Property has many series such as Ragnarok M: Eternal Love, Ragnarok Origin, Ragnarok X: Next Generation, Ragnarok V: Returns, and Ragnarok Begins. Based on the worldwide popularity of Ragnarok, Gravity is also actively carrying out license businesses; broadcasting Ragnarok animations, and running the online store where the players can meet the Ragnarok Monsters merchandise.

“We are happy to collaborate with Ragnarok, which has been long loved by gamers all around the world,” said Cindy Lee, CEO of The Sandbox Korea.

“This partnership is significant that the users around the world can encounter Ragnarok in The Sandbox metaverse,” said Harry Choi, Business Director of Gravity Business Division. “We are preparing diverse content with Ragnarok IP for users to enjoy in the metaverse as well. Stay tuned!”

About Gravity

Gravity Co is a global online game company. As a leader in the Industry, Gravity became the only domestic game company list on NASDAQ directly. Gravity has developed MMORPG Ragnarok Online. Gravity also provides IPTV service games using Pororo characters and various genres of mobile titles. Furthermore, Gravity is continuing to grow its business reach as a global publishing business. By expanding its service with Ragnarok Online IP-related games.

Webiste

About The Sandbox

The Sandbox is Decentralize Gaming Ecosystem By Players. A LAND is a piece of The Sandbox metaverse, providing access to exclusive content as well as granting the possibility to monetize your own part of The Sandbox’s Metaverse. Build experiences, host events, invite friends.

Website | Twitter

SOURCE:

https://sandboxgame.medium.com/the-sandbox-partners-with-gravity-to-introduce-ragnarok-to-the-metaverse-4962dad194c2

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Sandbox Partnership with KEB Hana Bank

diane — Mon, 11 Jul 2022 20:30:14 +0000

The Sandbox, a decentralized gaming ecosystem Made By Players, announced its partnership with KEB Hana Bank, which provides an array of products and services designed to meet various customer banking needs.

The Sandbox announced a new partnership with KEB Hana Bank, a commercial bank that provides the largest range of foreign exchange products in South Korea to expand global metaverse business in the banking industry.

Partnership Highlights

This partnership plans to launch a new type of event marketing. It includes building a collaborative business model such as opening a virtual branch at The Sandbox metaverse to provide basic banking services and promoting investments or coloration opportunities with the other partners of The Sandbox.

At the same time, Hana Financial Group will be introduced in K-verse, a virtual space containing all kinds of Korean content to reach Gen Z meaningfully.

So Jung Kim, Deputy President of KEB Hana Bank, said: “The metaverse is the way people will experience Web3, and we want to be a part of this new trend. This partnership can open a door for a brand-new type of service, especially for the young generations.”

Cindy Lee, CEO of The Sandbox Korea, said: “We are excited to see KEB Hana Bank enters the metaverse to create new kinds of content. This will be the next frontier of easy-to-use metaverse banking service for users.”

About KEB Hana Bank

KEB Hana Bank is a commercial bank headquarter in Seoul, South Korea. Since its establishment as Korea Exchange Bank in 1967. It provides the largest range of foreign exchange products in South Korea. Hana Bank is already the country’s top-rated bank, with the largest assets in Korea as of June, 2015. Based on a network of 199 branches in 24 counties. More than any other Korean ban, Hana Bank will strengthen its position as a global bank. And seek to enhance Korea’s position by actively engaging on the world stage.

Website | Twitter

About The SandBox

The Sandbox is a virtual gaming world where players can build, own, and monetize their gaming experiences.

Website | Twitter

SOURCE

https://sandboxgame.medium.com/the-sandbox-partners-with-keb-hana-bank-to-build-global-business-model-d7acc452c0ee

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Sandbox Partners with LOTTE WORLD

Lida Dinnero — Sat, 09 Jul 2022 16:32:24 +0000

Sandbox Partners with LOTTE WORLD, so global NFT game will be released using the LOTTE WORLD IP license.

The Sandbox partners with LOTTE WORLD to introduce diverse content to the virtual world along with the development of global NFT games using LOTTE WORLD’s content IP licenses.

Additionally, various experiences across real-life and the virtual world will be provided, such as private invitations for the metaverse users.

“We are expanding the digital content business area of LOTTE WORLD to be a part of recent trends such as metaverse and NFT through this partnership with the Sandbox.” said Jaehong Lee, Vice President of Development Division at Lotte World. “We will continue to make various attempts so that offline pleasure can continue in the digital space.”

“LOTTE WORLD, a synonym for a pleasant play space, will show another pleasure in The Sandbox Metaverse” said Cindy Lee, CEO of The Sandbox Korea. “We’re looking forward to building a new form of collaboration such as metaverse games combining on/offline experiences.”

About LOTTE WORLD

LOTTE WORLD Adventure is the world’s largest indoor amusement park, complete with top-of-the-line rides, fantastic parades and performances, and food from around the world. The theme park is dividing into the indoor LOTTE WORLD Adventure, and the outdoor lakeside Magic Island, with additional amenities including a shopping mall, folk museum, ice rink, hotel, and more. The Folk Museum displays miniature models of Korea over 5,000 years in history. LOTTE WORLD Garden Stage presents various themed musicals to match each season and LOTTE WORLD Star Avenue is the perfect place to experience Korean stars and the entertainment world.

Website | Twitter

About The Sandbox

The Sandbox team is building a unique virtual world where players can build, own, and monetize their gaming experiences using SAND, the main utility token of the platform.

Website | Twitter

SOURCE:

https://sandboxgame.medium.com/the-sandbox-partners-with-lotte-world-876368dc9c28

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The Sandbox partners with BAYZ

Eris — Thu, 23 Jun 2022 16:41:45 +0000

The Sandbox has announced its partnership with BAYZ, the gateway where everyone can be a part of the future of gaming to help them grow in the Brazilian market.

This partnership offers a great opportunity to reinforce their presence in this region. Together with BAYZ, they will bring IPs and brands in entertainment from Brazil to the metaverse. These includes music, fashion, lifestyle, culture, architecture, sports, celebrities, TV, and media.

“Brazil has a rich and vibrant entertainment culture that we want to bring into The Sandbox to connect more users from South and Latin America,” said Sebastien Borget, COO and Co-Founder of The Sandbox. “We succeed as a global platform by incorporating individual cultures, and we’re happy to have BAYZ as a strong local partner to help us include Brazil’s culture and diversity into the metaverse.”

Effective today, BAYZ will create experiences and effectively onboard new gamers in the Brazilian market to the metaverse. With this exciting partnership, The Sandbox will be hiring a full-time team at BAYZ. To grow its community in Brazil and focus on bringing new local partners to the game.

“We are thrilled to be the partnership The Sandbox has made in Brazil to expand its ecosystem in new region. As experts in the marketplace, we look forward to working together to connect with the ever-growing community and creating regional strategic partnerships to add to The Sandbox’s already impressive collection,” said João Borges, Co-Founder of BAYZ.

What is BAYZ?

BAYZ has become one of the top Web3 gaming companies in Brazil since its inception in 2021. Having already partnered with top play-and-earn games such as MetaSoccer, Thetan Arena, and Genopets. With a focus on shaping the future of Web3 and gaming by building communities to onboard and engage players around the world. BAYZ has also brought in top Brazilian content creators Nobru and Cerol as members and ambassadors of the organization.

“Our main goal has been to lower barriers to entry and help onboard as many gamers to the metaverse. The Sandbox has proven to be the leading decentralized gaming virtual world, having onboarded many exciting games, brands, and celebrities. We are excited to collaborate through our partnership to build new, entertaining experiences that expand to new audiences,” added Matt “MobileMatt” Rutledge, Co-Founder of BAYZ.

About The Sandbox

The Sandbox is a world where players can build, own, and monetize their assets and virtual experiences on the Ethereum blockchain. They empower artists, creators, and players to build the platform. They always envisioned, providing the means to unleash your creativity and earn income.

WEBSITE | TWITTER

About BAYZ

BAYZ is a decentralized autonomous organization where everyone can be part of the future of gaming. BAYZ partners with leading publishers, content creators and gamers. This to help people engage with top NFT-based games to reward them for doing what they love.

WEBSITE | TWITTER

SOURCE: MEDIUM

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Kinetix Raised $11M in Seed Funding

diane — Fri, 06 May 2022 17:37:23 +0000

Kinetix is the no-code platform for creating 3D animations for free, raised $11M in Seed Funding to Drive User Generated Content in the Metaverse.

Kinetix’s $11 Million seed round is led by Adam Ghobarah, founder of Top Harvest Capital and former longtime executive at Google and Google Ventures, with participation from multiple virtual worlds – The Sandbox & ZEPETO (NAVER Z).

Kinetix also secured investment from top Web3 players like Sparkle Ventures, co-managed by Animoca Brands, Entrepreneur First, and successful entrepreneurs including Alexandre Yazdi (CEO of Voodoo), Xavier Niel (Founder of Station F), and William O’Farrell (Founder of Body Labs and After Effects).

Adam Ghobarah, Founder of Top Harvest Capital said:

“Kinetix immediately stood out for me, by the quality of the founders, the quality of the machine learning technology, and the scope of the opportunity for no-code AI in video and Web3.”

Kinetix is a no-code platform that allows users to convert video into 3D animated avatars. By uploading video clips into the Kinetix platform, everybody can generate fully-featured 3D animations to share and integrate into virtual worlds, opening up new ways of self-expression in the Metaverse.

Sebastien Borget, Co-founder & COO of The Sandbox said:

“Our collaboration with Kinetix is very exciting, the promise of their technology is to facilitate the creation of rich animations for avatars from any video capture, contributing to defining the future of digital expression and its monetization in Web3.”

Yassine Tahi, co-founder & CEO of Kinetix said:

“We are providing a platform to drive user-generated content in the Metaverse.” “By making creation fast and easy, we allow millions of users to design their animated avatars and express their personalities in free and fun ways. This significant round of seed funding sets the stage for achieving our vision of humanizing the Metaverse and fostering partnerships with the most exciting virtual worlds out there, such as The Sandbox and ZEPETO.”

About Kinetix

Founded in 2020 by Yassine Tahi and Henri Mirande, Kinetix has created a no-code platform allowing Web3 and content creators to transform any video into 3D animated avatars. Kinetix’s free AI-powered platform makes 3D creation accessible to millions of creators worldwide.

⏩ SOURCE

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