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Blockchain Game The Sandbox Raises $93M in Series B Funding Round -Breaking

by Mike Robinson

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© Reuters. In Series B, The Sandbox raises $93M for Blockchain Game
  • The Series B financing round for the Sandbox saw $93 million raised by the company.
  • SoftBank’s Vision Fund 2 led the funding event.
  • Animoca participated also in Series B funding rounds.

Ahead of its launch, “The Sandbox” — a subsidiary of Animoca Brands has raised a big sum of $93 million in a Series B funding round. Specifically, the funding event was mainly led by SoftBank’s Vision Fund 2.

Animoca was also present at the event with many tech firms, such as Samsung (KS:), Next, Galaxy Interactive. True Global Ventures. Liberty City Ventures. Liberty City Ventures. Com2us.

The Sandbox success was achieved after Facebook (NASDAQ:), rebranded its parent company to Metaverse (Meta). Actually, this sentiment has been a key source for rising metaverse news ideas these days.

Besides, including Sorare’s $680 million and Digital Currency Group’s $700 million of late, Sandbox has reportedly pushed hard in terms of NFT and crypto investments. Sandbox has also generated $93 million in NFT sales, with approximately 12,000 unique land plot owners.

While the crypto community still awaits the launch of the platform, Sandbox is attractive to celebrities such as Snoop Dogg and The Walking Dead. The company has been partnered with many crypto-tech firms, including Binance exchange as well as Bored Ape Yacht Club.

Briefly, “The Sandbox” is an Ethereum-based online game that will soon launch into the realm of the blockchain space. It allows players to take control of plots of ground using NFTs.

With “The Sandbox”, users can gain a whole new experience to customize and design interactive games of their land plots.

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