Sebastien Borget, Chief Operating Officer of The Sandbox, believes that the future of the metaverse platform lies in the hands of individual creators. not on the brand
Since The Sandbox was acquired by Animoca Brands in 2018, the vision has been to create “Open world”, however, if viewed from the outside Growth appears to be driven by deals with big name companies.
So far, The Sandbox has been working on projects and collaborations with HSBC Warner Music, PlayBoy, Gucci and Ubisoft.Raised $93 millionLed by SoftBank Vision Fund 2 in November 2021
Last year, it was reported that the number of users was declining on the metaverse platform.October The Sandbox claims to have 201,000 monthly active users, 4.1 million wallets, 128 million SAND tokens, and more than 22,200 landlords.
Borget thinks the virtual world will start to see an influx of individual creators releasing content. without being attached to the brand in the next 12 to 24 months This will be addressed through more community-focused activities and through the creation of a DAO, expected by the end of the year.
“No matter how good the technology is Without fun, good storytelling, and creator-friendliness, the Metaverse has little chance of success,” he said.
refer : LINK
The post The Sandbox believes that the future of the Metaverse lies in the hands of creators. And to launch a DAO by the end of this year appeared first on Bitcoin Addict.