Fun

News Feed - 2023-11-03 02:11:42

Brayden Lindrea3 hours agoIndividual creators will ultimately shape the metaverse: Sandbox foundersAs the firm moves to open up The Sandbox Map, co-founder Sebastian Borget said he believes individual creators and brands will ultimately drive what the metaverse of the future will offer.995 Total views12 Total sharesListen to article 0:00InterviewJoin us on social networksIndividual creators and brands will ultimately determine the future of the metaverse, not a centralized entity, according to the co-founders of The Sandbox.


On Nov. 3, the team behind the Ethereum-based metaverse announced on X (formerly Twitter) it had made The Sandbox Map accessible to everyone, where “LAND” owners can publish their own experiences without needing to partake in an application process (which was previously required).THE METAVERSE IS NOW OPEN

Starting today, LAND owners in The Sandbox can instantly publish experiences on the map!

We're accelerating user-generated content to unleash the creative potential of creators like you. Let's build the metaverse together. #UGC #CreatorsDayHK pic.twitter.com/A2E8gNI2it— The Sandbox (@TheSandboxGame) November 3, 2023


“Now [anyone] can open their experience to the public [and] make it accessible, which will increase the amount of experience and content that people can play and discover on the platform,” Sandbox co-founder Sebastien Borget told Cointelegraph in a Nov. 2 interview during Hong Kong FinTech Week.#CreatorsDayHK is LIVE!

Livestream all the key events on X or our YouTube channel: https://t.co/83NqKyOTDr

We've got some exciting news that you won't want to miss. Stay tuned to see what's in store for the metaverse! pic.twitter.com/ReUQahbckP— The Sandbox (@TheSandboxGame) November 3, 2023


The notion that users can create and own content and property in Web3 is at the forefront of Sandbox’s strategy, Borget iterated.“They discover blockchain not because of the value of the asset, but because they can create content.”Updates to Game Maker and a new fund


Sandbox said it will also update its Game Maker tool before 2024, its experience-building and testing tool that is set to introduce new gameplay mechanics, templates and social interactions to make content production even easier.


The firm will also “reignite” its new 100 million SAND Game Maker Fund (currently worth $36 million) in 2024 to build on those updates.


Borget said this will drive engagement across a range of industries:“[It will] drive more engagement, more replayability, more fun and new social interaction as we define the future of music, the future of fashion, sport, entertainment, art and culture on the platform.”


Borget said Game Maker’s tools have simplified the process for new creators to get started:“Game Maker has been a gateway to bring a new breed of creators that then design new experiences and then over time monetize it by selling on marketplace and introducing their own.”


Meanwhile, Sandbox co-founder and CEO Arthur Madrid said the firm has helped connect brands to fans of late by running contests to rebuild New York’s Times Square and architectures in The Walking Dead, among other things.


The firm is working to incorporate multiplayer capabilities, which will drive this audience engagement. But Madrid acknowledged the difficulty with integrating multiplayer capabilities in metaverses at scale, particularly on blockchains.ROYAL FLUSHED Hold your breath and dive in the Sunken District. Find your way through this Bomkus-designed underwater maze and back to the surface.

Dive in TODAY! https://t.co/bK636FFLLW#DrBomkusTrials pic.twitter.com/8Nui4b1UKU— The Sandbox (@TheSandboxGame) November 1, 2023


Related:Metaverse ‘explosion’ will be driven by B2B, not retail consumers: KPMG partner


Over 400 partners have signed up to The Sandbox, including Warner Music Group, Ubisoft, Gucci Vault, Snoop Dogg, Invincible and Adidas.


Looking ahead, however, Borget acknowledged that metaverse adoption won’t take off until more defined use cases are established in virtual worlds, as incoming users are ultimately looking for memorable experiences to gravitate toward.


Magazine:Web3 Gamer: Apple to fix gaming? SEC hates Metaverse, Logan Paul trolled on Steam# Hong Kong# Business# Adoption# Games# Sandbox# Metaverse# NFTAdd reactionAdd reactionRead moreFrom payments to DeFi: A closer look at the evolving stablecoin ecosystemCrypto remittances offer cheaper alternative, but still face challenges to adoptionNFT market slump shows it’s maturing toward ‘genuine utility,’ execs argue

News Feed

World’s Largest Hedge Fund Bridgewater Has Crypto Plans — Founder Ray Dalio Calls Bitcoin ‘One Hell of an Invention’
World"s Largest Hedge Fund Bridgewater Has Crypto Plans — Founder Ray Dalio Calls Bitcoin "One Hell of an Invention" The founder and chief investment officer o
Tether issued on TON blockchain at a ‘great start,’ says CEO — Now at $60M
Martin Young5 hours agoTether issued on TON blockchain at a ‘great start,’ says CEO — Now at $60MTether announced its collaboration with the TON Foundation just two days earlier at the Token2049 event in Dubai, wit
Upland Sustains Mass Market Readiness With All-Inclusive Economy
Upland Sustains Mass Market Readiness With All-Inclusive Economy sponsored Upland is a mobile-first blockchain metaverse that allows users to buy virtual properties based on real wo
South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan
South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank"s Plan South African tax consultancy firm Tax Consulting SA, has said the re
Biggest Movers: DOGE Down 10%, XRP Extends Declines
Biggest Movers: DOGE Down 10%, XRP Extends Declines Dogecoin was down by as much as 10% to start the week, as the token retreated from Sunday’s high. The meme coin raced to
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with
Crypto Biz: Can Yuga Labs’ new CEO make Otherside a success?
Ana Paula Pereira2 hours agoCrypto Biz: Can Yuga Labs’ new CEO make Otherside a success?This week’s Crypto Biz features Yuga Labs’ new CEO and the challenges facing its Otherside metaverse, Binance’s decision to
Bitstamp will begin Mt. Gox creditor repayments on July 25
Derek Andersen5 hours agoBitstamp will begin Mt. Gox creditor repayments on July 25After a decade of waiting, Mt. Gox customers will find their crypto assets worth much more than when the exchange collapsed.1151 Total vi
Gemini Raises $400 Million in Growth Equity Funding Round; Metaverse Clash Incoming
Gemini Raises $400 Million in Growth Equity Funding Round; Metaverse Clash Incoming Gemini, the regulated cryptocurrency exchange founded by the Winklevoss Twins, has raised $400 m
Strategists: US Dollar’s Reserve Currency Status Eroding at ‘Alarming Pace’
Strategists: US Dollar"s Reserve Currency Status Eroding at "Alarming Pace" Asset management firm Eurizon SLJ’s strategists have warned that the erosion of the U.S. dollar’
JPMorgan Sees $600 Billion Demand for Bitcoin From Global Institutional Adoption
JPMorgan Sees $600 Billion Demand for Bitcoin From Global Institutional Adoption JPMorgan’s analysts have predicted significant demand for bitcoin followin
FBI will ‘neither confirm nor deny’ the existence of Satoshi records
Turner Wright7 hours agoFBI will ‘neither confirm nor deny’ the existence of Satoshi recordsAn investigative journalist reported that the FBI issued a standard “Glomar response” to a request for information on Sa