Fun

Renault Inks Partnership With The Sandbox to Bring Automotive Experiences to the Metaverse

News Feed - 2022-09-06 08:09:40

Renault Inks Partnership With The Sandbox to Bring Automotive Experiences to the Metaverse


The Korean subsidiary of Renault, a historic brand in the automotive industry, is establishing a partnership with The Sandbox, an Ethereum-based metaverse platform, to enter the metaverse space. With this partnership, Renault Korea’s objective is to establish its brand presence in the metaverse and to present Renault-based virtual automotive experiences to customers. Renault to Enter Metaverse Through the Sandbox


Renault, one of the biggest automotive companies in the world, has signed a partnership with The Sandbox to be present in its virtual metaverse world. The Korean subsidiary of the organization will be responsible for this, establishing the brand presence in the space through a series of automotive-related activities to introduce virtual customers to the products of the company.


These automotive experiences aim to enrich The Sandbox platform and allow Renault to reach a more ample audience, expanding the potential customer base of their products. About the partnership, The Sandbox Korea’s CEO Cindy Lee stated:


This partnership is an excellent example of a collaboration. The Sandbox can develop without any industrial boundaries. We are able to introduce new types of experiences that combine automobiles and digital assets in The Sandbox.


The extent of the partnership and the nature of the experiences it will produce were not revealed at the time. Renault now joins the ranks of companies and individuals that are already present in the Ethereum-based metaverse platform. Automotive Brands and the Metaverse


Renault is not the first automaker aiming to place products in the metaverse. In fact, the metaverse has become a popular destination for these companies. Volkswagen organized an advertising campaign in April called “Game On,” in which users had to hunt NFTs in a metaverse environment.


Nissan, a Japanese automaker, used the metaverse to assist in the launch of one of its latest electric cars, the Sakura. The company set up a virtual world in which potential customers could drive the car, examining its characteristics and its forms. This experience, according to Nissan, provided “an opportunity to connect with new audiences like never before.” Furthermore, the company stated it was “excited about what’s next, and will keep innovating new digital approaches for our products.”


Hyundai has also been presenting future mobility experiences in a virtual motor studio located in a metaverse world called Zepeto, managed by Naver Z. Tags in this story automotive brands, automotive companies, Cindy Lee, Hyundai, korea, Metaverse, naver z, nissan, Renault, The Sandbox, Volkswagen, Zepeto


What do you think about Renault Korea partnering with The Sandbox? Tell us in the comments section below. Sergio Goschenko


Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved. Bitcoin, Ethereum Technical Analysis: ETH Above $1,600 as "Bellatrix" Hard Fork Commences NEWS | 11 hours ago Binance to Drop USDC Trading Pairs, Plans to Auto-Convert Specific Stablecoin Balances to BUSD NEWS | 1 day ago


Image Credits: Shutterstock, Pixabay, Wiki Commons, nitpicker / Shutterstock.com Previous articleEtherMail Offers a Lifeline to Web3 Projects Stranded by MailChimp Next articleBitcoin, Ethereum Technical Analysis: ETH Above $1,600 as ‘Bellatrix’ Hard Fork Commences Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItCentral Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year


The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.Today"s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits Fidelity Investments Launches Crypto, Metaverse ETFs — Says "We Continue to See Demand" Privacy-Centric Monero Plans for July Hard Fork, Plans Include Ring Signature, Bulletproof Upgrade Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design

News Feed

Bittrex Target of Latest $1 Million Crypto SIM Hack Lawsuit
Crypto exchange Bittrex is being sued over a SIM swap that netted criminals 100 bitcoin, currently worth nearly $1 million. The case resembles other recent high-profile heists in wh
Former Microsoft Engineer to Serve 9 Years in Prison in a Case That Involves Use of Bitcoin Mixers
Former Microsoft Engineer to Serve 9 Years in Prison in a Case That Involves Use of Bitcoin Mixers A U.S. court in Seattle has sentenced a former Microsoft engin
Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members
Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind rans
The Crypto 6 Case Heads to Trial With Only 1 Defendant Left, Prosecutor’s So-Called ‘Expert’ Excluded
The Crypto 6 Case Heads to Trial With Only 1 Defendant Left, Prosecutor"s So-Called "Expert" Excluded On Dec. 6, 2022, the “Crypto Six” case will be heading to trial, and out o
William Suberg18 hours agoBitcoin surfs $30K as traders hope US trading will boost BTC priceBTC price performance goes sideways, but Bitcoin bulls retain $30,000 as support after the weekly close.4026 Total views5 Total
Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says
Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the pa
Bitcoin.com Exchange To List HUB Token as the Next Gen Trust-Based Cryptocurrency
Bitcoin.com Exchange To List HUB Token as the Next Gen Trust-Based Cryptocurrency PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the upcoming listin
Can Github Remove the Bitcoin Codebase? Recent Repository Takedown Has Proponents Worried
Can Github Remove the Bitcoin Codebase? Recent Repository Takedown Has Proponents Worried On October 23, the Microsoft-owned Github leveraged an ostensible DMCA
Alex Lab points to Lazarus Group after last month's $4M exploit
Tom Mitchelhill4 hours agoAlex Lab points to Lazarus Group after last month"s $4M exploitAfter being exploited for $4.3 million in May, Alex Lab reveals they have since found “substantial transaction evidence” pointi
Democrats have ‘huge opportunity’ to win back the crypto vote
Martin Young5 hours agoDemocrats have ‘huge opportunity’ to win back the crypto voteThe new Democratic party presidential candidate should consider crypto a top priority, according to crypto lawyer Jake Chervinsky in
Helen Partz12 hours agoTaiwan bans unregistered foreign crypto exchanges from operatingBesides local exchanges like Maicoin, major global crypto trading firms like Binance, Bybit and Kraken have also been serving custome
Lugui Tillier3 hours agoBitcoin is evolving into a multi-asset networkBitcoin Ordinals are creating new possibilities for the Bitcoin network by allowing users to create inscriptions stored on individual Satoshis.1463 To