{"id":52155,"date":"2021-11-02T09:55:45","date_gmt":"2021-11-02T07:55:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52155"},"modified":"2025-09-03T08:51:10","modified_gmt":"2025-09-03T05:51:10","slug":"nft-project-the-sandbox-raises-93-million-to-build-a-metaverse","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/nft-project-the-sandbox-raises-93-million-to-build-a-metaverse\/","title":{"rendered":"NFT project The Sandbox raises $93 million to build a metaverse"},"content":{"rendered":"<p>The Hong Kong-based gaming platform The Sandbox raised $93 million in a funding round led by SoftBank&#8217;s Vision Fund 2.<\/p>\n<p><!--more--><\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We&#8217;re thrilled to announce <a href=\"https:\/\/twitter.com\/TheSandboxGame?ref_src=twsrc%5Etfw\">@TheSandboxGame<\/a>  Series B of $93M led by Softbank Vision Fund 2, the very first they do in crypto assets<a href=\"https:\/\/t.co\/KrC1n4qAYH\">https:\/\/t.co\/KrC1n4qAYH<\/a>\u2026<\/p>\n<p>Join our community to be part of this fantastic journey. A thread below \ud83d\udc47 <a href=\"https:\/\/t.co\/X1a4XKAnfD\">pic.twitter.com\/X1a4XKAnfD<\/a><\/p>\n<p>\u2014 The Sandbox (@TheSandboxGame) <a href=\"https:\/\/twitter.com\/TheSandboxGame\/status\/1455405722309697540?ref_src=twsrc%5Etfw\">November 2, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>The app, available for iOS, Android and Windows, enables users to create their own universe within the game using a variety of elements.<\/p>\n<p>The funds raised will help The Sandbox add non-fungible tokens to gameplay. This will allow users to monetize the items they create through the Ethereum ecosystem.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We are building an open metaverse. We position The Sandbox as a counter to tech giants who claim that the metaverse belongs to them. We offer an alternative where users come first,&#8221; said co-founder S\u00e9bastien Borget.<\/p>\n<\/blockquote>\n<p>In 2018, Animoca Brands <a href=\"https:\/\/www.animocabrands.com\/animoca-brands-acquires-pixowl\">acquired<\/a> Pixowl, the developer behind The Sandbox.<\/p>\n<p>The company is the creator of NFT games such as F1 Delta Time, The Sandbox and others. The company is actively investing in the NFT market, including projects such as OpenSea, Dapper Labs, Bitski, Star Atlas and Axie Infinity.<\/p>\n<p>Earlier in May <a href=\"https:\/\/u1f987.com\/en\/news\/rothschild-family-fund-backs-nft-game-developer\">Animoca Brands raised $88.9 million<\/a> from the Rothschild family fund RIT Capital Partners, Huobi and other investors. In July the NFT project <a href=\"https:\/\/u1f987.com\/en\/news\/nft-game-developer-animoca-brands-raises-50-million-from-coinbase-ventures-and-other-investors\">received $50 million<\/a> from Coinbase Ventures, Samsung Venture Investment Corporation, Blue Pool Capital and other venture firms.<\/p>\n<p>In October Animoca Brands <a href=\"https:\/\/u1f987.com\/en\/news\/animoca-brands-raises-65-million-at-a-2-2-billion-valuation\">raised $65 million<\/a>. The company&#8217;s valuation reached $2.2 billion.<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news stream, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Sandbox platform raised $93 million in a financing round led by SoftBank&#8217;s Vision Fund 2.<\/p>\n","protected":false},"author":1,"featured_media":52156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1689,1353,1213,1133,1361],"class_list":["post-52155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-animoca-brands","tag-metaverses","tag-nft","tag-venture-investments","tag-virtual-world-innovations"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=52155"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52155\/revisions"}],"predecessor-version":[{"id":52157,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/52155\/revisions\/52157"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/52156"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=52155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=52155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=52155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}