By ARC
Vancouver-based technology company, NFT Technologies Inc., has teamed up with web3 studio Run It Wild and The Sandbox, a subsidiary of Animoca Brands, to bring NFT Tech’s expertise and creativity to The Sandbox’s decentralized gaming virtual world. The Sandbox is a metaverse where virtual real estate and amusement park worlds come together and interact. NFT Tech will join a long list of 160 existing partnerships, which includes popular names like Atari, Care Bears, CryptoKitties, and Deadmau5.
“We see virtual worlds and environments as the next great place to reach new web3-native audiences and create deeper engagement for existing customers,” said NFT Tech CEO, Adam De Cata. The Sandbox uses the ERC-20 utility token, SAND, for transactions and interactions, and has a current market cap of over $2 billion.
The partnership aligns with The Sandbox’s expansion plans, which include onboarding new partners and launching content series to attract more brands and intellectual property to the virtual world. Additionally, The Sandbox plans to introduce flagship neighborhoods that celebrate cultural and geographical diversity in the metaverse.
NFT Technologies Inc. specializes in building products that accelerate web3 adoption by bringing utility to digital assets
The Sandbox, with over 40 million mobile installs globally, offers players and creators a platform to create 3D worlds and game experiences, as well as safely store, trade, and monetize their creations. As a subsidiary of Animoca Brands, a leader in digital entertainment and blockchain, The Sandbox is contributing to the growth of virtual real estate demand.
NFT Technologies Inc. specializes in building products that accelerate web3 adoption by bringing utility to digital assets. With a focus on increasing consumer engagement, enabling digital asset ownership, and discovering new business models, NFT Tech is a trusted partner to global brands across industries like sports, entertainment, and art. The company is publicly listed on the NEO and OCTQB exchanges.
In conclusion, the partnership between NFT Technologies Inc. and The Sandbox will bring a new level of creativity and innovation to the decentralized gaming virtual world, further driving growth in the metaverse.
Lead Photo by James Yarema on Unsplash
