The Sandbox, a blockchain-based gaming platform, has successfully partnered with an infrastructure technology platform BlockchainSpace, to increase the number of guilds and players.
In a December 13 press release, the blockchain-based gaming platform confirmed the successful partnership with BlockchainSpace to amass more guilds and players in its platform.
The new collaborative efforts will now allow the gaming platform to interact and connect with a huge number of guilds and more players. They will come in addition to the currently active 2,600 guilds and 680,000 players in its virtual world.
Nevertheless, this is not the first time that the two entities have worked together. The Sandbox and BlockchainSpace had previously teamed up to develop the Philippine community voxel non-fungible token (NFT) arts, among other initiatives.
While revealing about the renewed partnership, The Sandbox press release added:
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“Moreover, it is a valuable showcase for BlockhainSpace’s guild infrastructure and network and how it can scale to projects on The Sandbox level. Scaling communities for NFT games is a crucial aspect of building and expanding the appeal of the metaverse.”
The Sandbox Targets Other Metaverse Advancements
In November 2021, The Sandbox, which is also a subsidiary of Hong Kong-based gaming platform Animoca Brands, successfully raised $93 million in a funding round. That round was spearheaded by SoftBank Vision Fund. The team said that it will use the funds to grow The Sandbox open NFT metaverse.
This funding initiative also saw the participation of True Global Ventures, Polygon Studios, Animoca Brands, Samsung Next, and Liberty City Ventures.
The Sandbox gained massive traction after the NFT market exploded throughout this year resulting in massive capital inflows into the sector. As a result, the gaming platform satisfactorily fetched high-profile partnerships, including that of CryptoKittes, The Smurfs, Snoop Dogg, Care Bears.
Meanwhile, the latest metaverse development appeared a day after Adrian Cheng, CEO of Hong Kong real estate behemoth New World Development, announced plans to invest in the blockchain gaming platform. The virtual property tycoon also revealed plans to acquire the largest plot of digital land.