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The Sandbox and Brinc announce US$50M Open Metaverse Accelerator Program funding for 100 startups -Breaking

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Brinc and Sandbox announced funding for 100 startups through the US$50M Open Metaverse Accelerator Program.
  • Sandbox Metaverse Accelerator Program invests in between 30 and 40 startups each year. This will help to create the open metaverse.
  • A startup can receive up to US$250,000 from the program. SAND, LAND and follow-on investment will be given to top performers.
  • The mentors who will support accepted startups include: Cathy Hackl, Holly Atkinson and Holly Liu (The Sandbox), Janine Yorio(Republic Realm), Janine Yorio/Republic Realm), Leah Callon Butler (Emfarsis), Manav Gopta (Brinc), Sebastien Bourget (The Sandbox), Serena Tabacchi at the Museum of Contemporary Digital Art), Susan Cummings – Petaverse), Yat Siu Brands), Yingzi (Metaverse Summit), Yatzi (Animoca Brands), Yatzi (Animoca Brands), Yingzi

The SandboxAnimoca Brands has donated US$50M towards Animoca Games, a decentralized gaming platform that is a leader in the field. BrincThe leading international venture accelerator, Program Sandbox Metaverse AcceleratorThe open metaverse will be enhanced by 100 startups, according to a new initiative.

The application period is now open with the first cohort due to begin in Q2 2022. Program Sandbox Metaverse AcceleratorLaunchpad Luna launched a track for this accelerator in the middle of 2021, as a joint venture between Brinc Brands and Animoca Brands. Over a 3-year period, the new program is designed to help accelerate between 30 and 40 startups each year. The program will mentor, educate and support promising startup and project development. Additionally, it will provide access to potential partners and business development opportunities through The Sandbox, Animoca Brands, Brinc and Brinc’s growing network.

New program will seek startups to enhance the open universe. They will be judged on their potential traction, technical knowledge, and ability deliver exceptional experiences. Each startup will be eligible for an investment up to US$250,000 in the initial phase. Additional grants in SAND tokens up to US$150,000 will be offered by The Sandbox to top performers as well as grants for LAND. The Sandbox, Animoca Brands and Brinc will also invest in startups that show meaningful traction after the program ends.

The central directive for Program Sandbox Metaverse AcceleratorThe Sandbox ecosystem will support new startups by creating new experiences and populating it with creative content and fresh ideas. You are invited to submit applications from blockchain-based startups that have pioneered in art, music, entertainment, culture, games, media, content and streaming. Accelerated startups will be empowered to contribute to The Sandbox’s rapidly growing ecosystem and actively engage with its existing and growing user base. You can now apply online at brinc.io/metaverse

Program Sandbox Metaverse AcceleratorThe open metaverse, built upon shared values, and open, transparent, and decentralized governance, will be supported. This will be a better alternative to the closed platform model and create a digital future that is more sustainable.

High-profile mentors supporting the program — alongside Yat Siu (Animoca Brands), Sebastien Borget (The Sandbox), Manav Gupta (Brinc) — include: Cathy Hackl (CEO of Futures Intelligence Group), Holly Atkinson (lead blockchain developer at The Sandbox), Holly Liu (co-founder of Kabam), Janine Yorio (CEO of Republic Realm), Leah Callon-Butler (director of Emfarsis and columnist at CoinDesk), Pavel Bains (co-founder of Bluzelle), Serena Tabacchi (director and co-founder of Museum of Contemporary Digital Art), Susan Cummings (CEO of Petaverse Network), Yam Karkai (co-founder of World of Women), and Yingzi Yuan (founder and builder of Metaverse Summit). Altitude Games and True Global Ventures, Republic Crypto, Dragonfly Capital, Republic Crypto and True Global Ventures are some of the mentors.

The Sandbox Metaverse hopes to transform how people interact daily, such as how they shop and interact with entertainment. Snoop Dogg is one of the most recent partners with The Sandbox. This partnership will allow users to access VIP tickets to concert, events and digital merchandise. Atari, the original arcade gaming company, has recently seen great success and now will be introducing IPs to The Sandbox metaverse. Skybound Entertainment also brought The Walking Dead’s game experience to virtual reality.

Brinc invests in and supports startups in the open digital metaverse. This is the future frontier of the internet. Entertainment, education and inclusion through a more equitable, digital economy are key areas of interest. This program supports startups in integrating sustainability, inclusion and equity into their business models.

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