On Thursday the sandbox declared that they have been shaken hands for a new partnership with the warner music company (WMG). The aim is to create a music-themed park, and concert venue in the virtual world, Metaverse.
Further, The Warner Music Group LAND in the Sandbox will arrange concerts and live experiences presenting artists, and talent represented by WMG.
However, this step noted Warner Music company’s first move into the Non-fungible Token (NFT) Metaverse realm. According to the report by Cointelegraph, the company stated that the goal is to develop fascinating social experiences. That can boost Warner Music Artists.
Additionally, the sandbox could serve artists with another spot. Where they can interact with their fans, experiment with virtual entertainment facilities. And produce new revenue options, while reaching communities worldwide.
Sandbox Co-Founder Opinion On The Sandbox And Warner Music Group Collab:
In the context of the new collab, the chief operating officer and co-founder Sebastian Borget of the Sandbox said. That this collab will bring the open metaverse a step forward in the direction of fan-owned, and community-driven initiative”
We’re shaping the Sandbox as a fun entertainment destination where creators, fans, and players can enjoy first-of-a-kind immersive experiences and be more closely connected to their favorite musical artists through NFTs,”
However, virtual lands continuously are in high demand. And constant high trading volume the Sandbox considered it as one of the highly challenging metaverses to its opponent Decentraland, another virtual world.
Further, the company told that its LAND sale will take place in upcoming March 2022. Which will enable music fans to purchase LAND adjacent to the Warner Music Group virtual estate.
WMG, constitute marked tags like Atlantic, Warner Records, Elektra, and Parlophone. That is the latest partner to purchase real estate within The Sandbox metaverse. And combined with The Walking Dead, Snoop Dogg, Adidas, Steve Aoki, The Smurfs, and CryptoKitties
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The News source is Cointelegraph.
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