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The Animoca Brands are in for a treat, as PwC Hong Kong has successfully purchased a plot of land in their subordinate digital world named as, the ‘Sandbox Metaverse’.

About the Sandbox Metaverse

According to research from Crypto giant, Binance, The Sandbox is a digital space that is constructed upon and powered by the Ethereum blockchain, in which users can develop, make money and have complete ownership from their virtual gaming experience. The SAND token, being an ERC-20 token is generally utilized for transactions, staking and governance. Users can also design and make their own set of non-fungible tokens, with free access to the marketplace and the Game Maker for in-game support.

Developers at Sandbox have said that the supply of SAND tokens is currently limited with around 3,000,000,000 SAND tokens in existence and has around 166,464 LANDS that are ready for purchase. LAND can be utilized to conduct gaming sessions, develop multiplayer games, develop houses, while also letting users engage win social activities in the digital space.

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Friendly Exchange from Both Sides

William Gee from PwC Hong Kong issued comments about the purchase stating that the Metaverse is a new way for large organizations to build up their value by coming up with unique business models and pushing forward new ways on how they can communicate with their customers and their communities. William also mentioned that PwC Hong Kong will be utilizing their knowledge and expertise in the field in order to help their clients who are seeking to work in the Metaverse that will help them conquer new challenges that are coming every day.

Chief Operating Officer at the Sandbox, Sebastien Borget also spoke up, saying that “the Metaverse is open for business” and we are excited and glad to facilitate PwC Hong Kong in their path to experience how the Sandbox Metaverse offers unique set of experiences and opportunities for any brand to effectively engage with their customer base.

Providing an Effective Alternative

Sebastien also mentioned during an interview that the team is working on tackling the giant tech firms that have apparently claimed the metaverse to themselves, by providing users with an alternative that is both effective and useful to their requirements.

Back at the start of last month, Sandbox Metaverse hosted a funding event, where it successfully managed to gather an impressive $93Million, led by many leading fund corporations.

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Nathan Ferguson

By Nathan Ferguson

Nathan Ferguson is a talented crypto analyst and writer at Herald Sheets, dedicated to delivering comprehensive news and insights on the ever-evolving digital currency landscape. With a strong background in finance and technology, Nathan's expertise shines through in his well-researched articles and thought-provoking analysis. He holds a degree in Economics from the University of Chicago, and his passion for cryptocurrency drives him to stay up-to-date with the latest industry trends and developments.