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.
RoundlyX, started in 2017 by Andrew Elliott and Will Trible with the goal of providing infrastructure for retail investors interested in the then emerging investment class of digital assets, simplifies the entire process. Users sign up, connect their RoundlyX account to Plaid (a fintech company that specializes in securely connecting their customer’s financial accounts to various services and apps) then simply log into their RoundlyX exchange account to get started on their investment journey. The entire sign-up process takes about three minutes from the creation of a new RoundlyX account to registration.
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.
On a daily basis, there is lots of digital development, enhancement and sophistication on the blockchain technology. Zero Knowledge protocol seems to be an age long idea that will create new dimensions, and extra layers of security and privacy to the blockchain through a no authentication system. It’s a landmark process because it will drastically reduce exposure and enhance the privacy of all and sundry.
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.
Cardano (ADA) has strung together several days of gains while the overall market has struggled with sluggish performances over the previous week. After it’s strong performance, rising from $1.15 on January 11 to $1.49 at the time of publication, Cardano now ranks as the fifth-largest cryptocurrency carrying a market capitalization of around $50 billion and at the same time outpacing Solana which sits at a market cap of around $43 billion.
Konami’s Castlevania is the latest video game franchise to mint and auction off a series of non-fungible tokens (NFTs) as a part of the 35th Anniversary celebration for the iconic platform game. Hosted by OpenSea, the Konami Memorial NFT Auction is scheduled to begin next week and run from January starting at 12th 10pm GMT to January 15th ending at 2am GMT.