British bank HSBC bought a plot of land at the Sandbox metaverse
The metaverse is how people will experience Web3, the next generation of the internet, HSBC’s chief marketing officer for the Asia-Pacific region, Suresh Balaji believes
16.03.2022 - 10:35
386
1 min
0
.
What’s new? One of the world’s largest international banking and financial services providers, HSBC, has bought a plot of land at the metaverse, The Sandbox blog says. HSBC’s chief marketing officer for the Asia-Pacific region, Suresh Balaji said that the metaverse “is how people will experience Web3, the next generation of the internet.”
What is known about Sandbox? The Sandbox project was launched by the game developer Pixowl. This is a virtual world based on the Ethereum blockchain that allows digital assets to be created, bought, and sold using a native SAND token. The users own plots of land at the metaverse, which are non-fungible LAND tokens.
Who else collaborates with The Sandbox? In February, the Gucci brand bought a plot of land at The Sandbox metaverse to create a virtual clothing and accessories store. In March, the gaming company Square Enix announced a partnership with the metaverse.
Useful material?
Market
According to the founder of TRON, the leading US crypto exchange asked for several hundred million dollars for the listing of TRX
Nov 4, 2024
Incidents
The company conducted fictitious trading for six years to inflate the trading volume of tokens of several companies, receiving payment for these services
Nov 1, 2024
Market
1,5 million addresses have already left applications
Oct 31, 2024
Business
The company began investing in bitcoin in 2020, and since then, the value of its securities has risen by 1700%
Oct 30, 2024
Mining
The Deputy Energy Minister explained that in deficit regions, it is impossible to allocate large capacities for industry enterprises until 2030
Oct 30, 2024
Market
Customers will also be able to withdraw funds to bank accounts using cards
Oct 30, 2024