The Sandbox, one of the companies at the leading edge of the Metaverse, has released the lofty goals of raising $400 million USD in its upcoming funding round to reach a total valuation of $4 billion USD. The new funding round comes less than six months after the platform raised $93 million in a Series B round led by SoftBank’s Vision Fund 2. Other previous investors have included True Global Ventures, Square Enix, Galaxy Interactive and Angelhub with the latest funding round drawing even more attention.
To put it simply, after a few blockchain sleuths went through etherescan they found that the Shiba Inu wallet had deployed three new contracts, for Squawk, Chirp, and Caw – Did this mean that Ryoshi had returned? Or did this go deeper..? I knew after Mr. Colossus called it was game over and time to ape.
Havas Group, one of the world’s largest global communications groups, has announced that they will be joining the metaverse after acquiring a plot of land in The Sandbox.
Manchester City Football Club, one of the premier English football clubs that competes in the Uber talented Premier League with a storied history dating back to 1880, has taken its first steps into the metaverse by constructing a digital replica of the prized Etihad Stadium, the world’s first stadium of its kind to be built in the metaverse. Manchester City, the current Premier League champions, have partnered with Sony on a three-year deal to build the world renowned stadium, allowing football fans from around the globe the ability to experience soccer matches in real-time from the comfort of their own homes while surrounded by fans.
The Sandbox, an Ethereum-based decentralized NFT metaverse leading the charge into the virtual world, has been busy building bridges with the likes of Snoop Dogg and Warner Brothers after announcing partnerships to build exclusive virtual locations for both. Now Chain Games has joined the list after partnering with The Sandbox to get a slice of the virtual pie by agreeing to create an exclusive piece of land within the metaverse where Sandbox users will have access to play all their supported titles.
EverdreamSoft (EDS), a swiss-based company founded in 2010 as a game studio and morphed into one of the pioneering forces in the integration of blockchain tools within the domain of gaming and digital collectibles since 2014, is selling exclusive Premium LAND around the EverdreamSoft Estate in The Sandbox, a community-driven platform where creators can monetize voxel ASSETs and gaming experiences on the blockchain.
Uplandme Inc, a globally distributed organization headquartered in Silicon Valley and founded in 2018 by Dirk Lueth, Mani Honigstein and Idan Zuckerman and one of the hottest Metaverses on the blockchain, today announced its newest true-to-life digital mapped city of Los Angeles is now open.
With the exponential growth of the Metaverse and the Gamefi space along with their duel focus on non-fungible tokens (NFTs), it’s no surprise that nearly every blockchain and distributed ledger tech project are actively engaged in developing and launching their own entries into or versions of the Metaverse. Ethereum scaling solution Polygon has been actively developing and expanding on its GameFi and NFT strategy, creating an extensive range of options for building and connecting blockchains and decentralized applications (dApps) while taking the initiative a step further by establishing Polygon Studios, an independent branch that’s dedicated to blockchain gaming and NFTs.
Metaverse had quickly become the buzzword of 2021 in the crypto industry. With Facebook recently rebranding to become “Meta”, their acquisition of Oculus VR, and the recent [failed] move to create their own digital currency called “Libra”, it is becoming evident that big tech companies intend to double-down on digital experiences in the coming years. At the forefront of this new frontier are virtual worlds called “metaverses.” As corporations look to profit from the next big boom in the 2020s and 2030s, let’s explore what a company built entirely around imagination and experience like Disney could do with their metaverse.
Hot on the heels of yet another record breaking performance, Golden State Warriors ace sharpshooter Stephen Curry has set his aim on the crypto world with his release of the “2974 Collection”, a series of 2974 non-fungible tokens featuring digital replicas of the shoes he wore when he surpassed Ray Allen on the all-time 3-point scoring record this month. Each unique NFT was priced at $499 and launched this Monday on 2974SC.com with the collection quickly selling out. Curry is planning to donate 100% of his profits to the “Eat. Learn. Play” foundation that he and wife, Ayesha Curry, established in 2019.