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Softbank Leads $93 Million Investment In Nft Gaming Firm The Sandbox

Nov 02, 2021

Amount Raised

$93 Million

Round Type

Venture

Chinaentertainment

Description

San Francisco: The Sandbox, a Hong Kong-based gaming platform that allows users to build a virtual world using non-fungible tokens (NFTs), has raised $93 million from investors led by SoftBank's Vision Fund 2, the company told Reuters on Monday.

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Company Information

Company

The Sandbox

Location

China

About

The Sandbox, a subsidiary of Animoca Brands, is one of the decentralized virtual worlds that has been fueling the recent growth of virtual real-estate demand, having partnered with major IPs and brands including The Walking Dead, Atari, Rollercoaster Tycoon, Care Bears, The Smurfs, Shaun the Sheep, and Binance. Building on existing The Sandbox IP that has more than 40 million global installs on mobile, The Sandbox metaverse offers players and creators a decentralized and intuitive platform to create immersive 3D worlds and game experiences and to safely store, trade, and monetize their creations. For more information, please visit www.sandbox.game.

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The Sandbox raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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