Sandbox, affiliated with Animoca Brands, one of the first names that come to mind regarding metaverse and blockchain investments, has announced new partnerships. Multiple partnership agreements were made with Hong Kong industry leaders and companies.
As the name suggests, Mega City is a big city planned to be created in the metaverse. New partnerships will bring this city to life and offer users a lot of content. Sandbox’s new partners are names operating in the music, film, entertainment, acting, professional services, finance, real estate, and gaming industries. With the cooperation of these companies working in different sectors, a rich virtual city will emerge, and a “cultural center” will be created.
Following the terms of the agreement, the new partners purchased virtual real estate in the form of land NFTs within The Sandbox open metaverse. With the land they bought, they both invested in Sandbox and promised to produce new content. At the celebratory event on January 13, Sandbox will put up the land around its partners’ properties for sale to other participants. Thus, a new Mega City will be created.
Investors include Hong Kong entrepreneur and investor Adrian Cheng, Sun Hung Kai & Co, PwC Hong Kong, Times Capital, director and actor Stephen Fung, and more. A city similar to Hong Kong – culturally – and with the theme of “city of the future” will be built around the plots to be put up for sale in Mega City. Landowners in Mega City will be able to project their vision here. For example, the virtual property of investor Adrian Cheng will act as an “innovation hub.”
While the metaverses were building their cities, they also began to include the cities of the Earth. Mega City, which will be established with the cooperation of Hong Kong investors, is one of them. Sandbox launches meta-cities with various concepts, providing access to multiple cultures from anywhere.