Gucci Signs Up for the Metaverse and Buys Sandbox Land

Gucci establishes the Gucci Vault Metaverse as the first significant fashion and luxury brand to purchase virtual real estate on Sandbox. Gucci, a high-end fashion and apparel company, has reserved online space on Sandbox for its Gucci Vault Metaverse.

Timeline of The-sandbox

The Sandbox, a virtual gaming world and leading metaverse platform, is working with author, heiress, entrepreneur, philanthropist and celebrity Paris Hilton and her 11:11 Media company to bring Cryptoween to the metaverse. 11:11 Media is a global media content company and platform that “elevates creators, brands and IP through the power of storytelling.

Mark Twain memorably advised, “Buy land – they're not making it anymore.” What Twain never imagined was that in little over a hundred years, we'd find a way around that minor inconvenience. Welcome to a Web 3.0 world, where new land is minted every day in the metaverse.

We are nearing an era that's driven by augmented and virtual reality. One of the preparations investors make to ride the upcoming tide is piling on NFT projects with high potential to become Metaverse superstars.

SAND is the native token of the Sandbox metaverse and is used to facilitate gameplay transactions such as purchasing digital land and interacting with user-generated content. Sandbox started out as collaboration between Pixowl and developer Onimatrix Binance listed SAND and is already available for trading on its platform The token is responding positively with this development, trading at $0.86 as of press time Along with the ASSET and NFT-type LAND tokens, SAND makes it all possible for Sandbox to give its users the best gaming experience.

SAND has been trading near its 2022 range after a bearish performance in the second half of August. It has struggled to overcome this lower range since then, waiting for a potential catalyst to breathe life back into the bulls.

DBS, a leading financial services group in Asia, today announced a partnership with The Sandbox, a leading decentralised gaming virtual world and a subsidiary of Animoca Brands, to create DBS BetterWorld, an interactive metaverse experience showcasing the importance of building a better, more sustainable world, and inviting others to come alongside.

EMTECH, a central banking infrastructure provider, announced it will take part in the recently announced Technical Sandbox Program by The Digital Dollar Project in order “to explore the new possibilities of a U.S. CBDC ‘Digital Dollar'.

India's WazirX crypto exchange and metaverse gaming project, The Sandbox, has rolled out a new digital asset campaign aimed at educating users on the workings of The Sandbox Alpha and crypto in general, according to reports on September 19, 2022.

Leading eSports, lifestyle and media company FaZe Holdings Inc (NASDAQ: FAZE) is headed to the metaverse with a new partnership with leading Web3 company The Sandbox. What Happened: FaZe Clan announced a partnership with The Sandbox, a metaverse brand owned by Animoca Brands.

EMTECH, a modern central bank digital infrastructure provider, has recently announced in a press release that the startup will participate in the upcoming Technical Sandbox Program – a new initiative from The Digital Dollar Project, a nonprofit organization dedicated to the exploration of a central bank digital currency (CBDC) in the U.S.