Sandbox Projects 2022: Standard Chartered Enters The Sandbox Metaverse

Find out about one of the sandbox projects 2022 in this article. 

Banking giant Standard Chartered has entered the metaverse with The Sandbox. The purpose is to build a virtual space for its clients and supporters.

The UK-based multinational banking and financial services company said that its virtual land for the Hong Kong branch would be located in The Sandbox’s Mega-City district.

Further, the Sandbox is a subsidiary of Hong Kong-based Animoca Brands.

In a recent interview, Standard Chartered said that the plan to enter The Sandbox metaverse is to experiment and develop immersive experiences. They want to create better experiences for the customers and attract creatives and sports enthusiasts.

Further, this is not the only sandbox project in 2022. The Sandbox announced in January that it had created Mega-City – a cultural hub. Also, they have been following a successful partnership with multiple Hong Kong partners from various sectors. 

It said that the partners joined The Sandbox’s virtual real estate by acquiring LAND NFTs. This land is similar to the one secured by Regal Hotels in the open metaverse.

Until now, The Sandbox projects 2022, and other includes 165 partnerships, including Adidas, Snoop Dogg, The Walking Dead, South China Morning Post, The Smurfs, Care Bears, Atari, CryptoKitties, Shaun the Sheep, Mcdull, and Hanjin Tan. These projects aim to build a fun, creative play-to-earn platform that offers virtual worlds and game experiences owned and created by players.

Other Banks Planning to Enter Metaverse like Sandbox Projects 2022

According to a report from Blockchain. News, HSBC Bank announced a partnership with The Sandbox on March 16, 2022. They want to build its presence in the Hong Kong-based company’s metaverse.

The report added that through the partnership, HSBC acquired a plot of LAND, virtual real estate in The Sandbox metaverse. Further, it will help to develop to engage, entertain, and connect with sports, esports, and gaming enthusiasts.

Author: admin