Sandbox Has A New Partnership With WMG

February 8, 2022

Darko Simunovski

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Sandbox is a community-driven platform where creators can monetize voxel assets and gaming experiences on the blockchain.

Ethereum-powered metaverse Sandbox has announced a partnership with one of the world’s largest music companies, Warner Music Group WMG, and this excitingly marks Warner Music’s first steps into the NFT and metaverse realm.

https://www.sandbox.game/en/

Oana Ruxandra, Chief Digital Officer & EVP, Business Development at Warner Music Group states:

“Our partnership with The Sandbox adds a new layer of possibility in the metaverse, with the ownership of virtual real estate. As a first-mover, Warner Music has secured the equivalent of beachfront property in the metaverse. On the LAND, we’ll develop persistent, immersive social music experiences that defy real-world limitations and allow our artists and their fans to engage like never before. As part of this agreement, WMG acquired an ESTATE, that will act as a portal through which we can expect some of WMG’s talent to make an appearance in The Sandbox — thus creating a new arena for musical entertainment in the metaverse and this ESTATE will be a hybrid of musical theme park and concert venue.”

Another statement comes from Bertrand Levy, VP Global Partnerships of The Sandbox, saying:
“As a former entertainment executive, I’m very excited to have one of the biggest music companies in the world with some of the most talented artists joining The Sandbox to create talent-oriented experiences.“
The Sandbox plans to “hold a LAND sale at a later date, which will allow music fans to buy coveted LANDS adjacent to the WMG property.”

Users can buy and sell Sandbox metaverse land on Open Sea https://opensea.io/collection/sandbox

SAND is the utility token used throughout ecosystem as the basis for transactions and interactions as well as staking and governance.

It is an ERC-20 utility token built on the Ethereum blockchain and it has finite supply of 3,000,000,000 SAND.

This news will be positive fitback for SAND currently traded at $4.78 price per token with $4,427,065,105.00 Mcap. Its price is 4.78% up in last 24 hours.

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