HomeCoinsEthereum (ETH)NFT gaming startup The Sandbox raises $93 million in round led by...

NFT gaming startup The Sandbox raises $93 million in round led by SoftBank

- Advertisement -


advertisement

CFTC conducting probe of decentralized prediction platform Polymarket report

Hong Kong-based gaming platform The Sandbox has raised $93 million in a round led by SoftBank’s Vision Fund 2, according to a Reuters report.

The Sandbox, released on iOS, Android and Windows, allows users to create their own universe inside the game using different elements. In 2018, Hong Kong-based NFT digital property firm Animoca Brands acquired Pixowl, the original developer and publisher behind The Sandbox.

That allows The Sandbox to add in non-fungible tokens in its gaming experience for users to monetize their in-game creations on the Ethereum network. 

The latest round is poised to help the firm expand the metaverse economy beyond just gaming, The Sandbox chief operating officer and co-founder Sebastien Borget said in an interview with Reuters. 

“We are creating this open metaverse. We are positioning the Sandbox against those giant tech companies who are claiming the metaverse to be theirs, offering an alternative where users are first,” Borget was quoted as saying.

The funding also came months after Animoca Brands raised nearly $140 million earlier this year.

Trending Stories



Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,523FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 66,051.00
ethereum
Ethereum (ETH) $ 4,735.17
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 678.16
litecoin
Litecoin (LTC) $ 272.77
eos
EOS (EOS) $ 5.00
okb
OKB (OKB) $ 27.26
tezos
Tezos (XTZ) $ 5.85
leo-token
LEO Token (LEO) $ 2.98
cardano
Cardano (ADA) $ 2.08
monero
Monero (XMR) $ 274.13
stellar
Stellar (XLM) $ 0.389603
chainlink
Chainlink (LINK) $ 34.22
huobi-token
Huobi Token (HT) $ 10.28
tron
TRON (TRX) $ 0.125844
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 233.13
neo
NEO (NEO) $ 49.12
iota
IOTA (MIOTA) $ 1.33
nem
NEM (XEM) $ 0.198479
zcash
Zcash (ZEC) $ 199.73
maker
Maker (MKR) $ 3,081.65
paxos-standard
Pax Dollar (USDP) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 56.27
vechain
VeChain (VET) $ 0.173704
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 57.27
kucoin-shares
KuCoin Token (KCS) $ 26.99
waves
Waves (WAVES) $ 23.70