• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

The Sandbox raises US$20 mln, achieves unicorn status

SB Crypto Guru News by SB Crypto Guru News
June 7, 2024
in Metaverse
0 0
0
The Sandbox raises US mln, achieves unicorn status


The Sandbox, a metaverse and Web3 gaming firm, has successfully raised US$20 million from Kingsway Capital and Animoca Brands, propelling the company’s valuation to the US$1 billion mark.

The recent funding, which includes contributions from LG Tech Ventures and True Global Ventures, is set to enhance The Sandbox’s offerings, including new social features, avatar skills, and improvements to its Game Maker and VoxEdit 3D editing tools.

Anticipation is building for the beta release of its multiplayer rules system later in 2024, with a full rollout expected in 2025.

Since its Alpha launch in November 2023, The Sandbox has cultivated over 1,000 user-generated experiences and has amassed a user base of 5.7 million accounts connected to cryptocurrency wallets.

The Sandbox places a focus on digital property rights and user-generated content.

Despite the metaverse industry’s recent challenges, including skepticism and underwhelming user engagement as seen in Meta’s US$1.2 billion project, The Sandbox’s strategy is gaining traction with both creators and investors.

The Sandbox claims to have attracted over 330,000 new users in the past year.


Post Views: 217





Source link

Tags: achievesBitcoin NewsCrypto NewsCrypto UpdatesLatest News on CryptomlnraisesSandboxSB Crypto Guru NewsStatusUnicornUS20
Previous Post

Benjamin Vautier, a French Fluxus artist known for his playful painted phrases, has died, aged 88

Next Post

Want to Get The Most Out of AI? Start Treating AI Like Your Human Employees

Next Post
Want to Get The Most Out of AI? Start Treating AI Like Your Human Employees

Want to Get The Most Out of AI? Start Treating AI Like Your Human Employees

  • Trending
  • Comments
  • Latest
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

January 29, 2025
NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

September 6, 2024
Senator Lummis Introduces Digital Asset Tax Legislation

Senator Lummis Introduces Digital Asset Tax Legislation

0
Ban on fossil fuel advertising and sponsorship to be debated by UK parliament – The Art Newspaper

Ban on fossil fuel advertising and sponsorship to be debated by UK parliament – The Art Newspaper

0
Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

0
Pepe indicators remain bullish despite losing 9%; check forecast

Pepe indicators remain bullish despite losing 9%; check forecast

0
Polymarket bettors forecast 75% chance Bitcoin reaches 0k in 2025 as prediction volume jumps 30%

Polymarket bettors forecast 75% chance Bitcoin reaches $120k in 2025 as prediction volume jumps 30%

0
AutoRek Unveils Reconciliation and Data Management Solution for Crypto, AutoRek Mion

AutoRek Unveils Reconciliation and Data Management Solution for Crypto, AutoRek Mion

0
Ban on fossil fuel advertising and sponsorship to be debated by UK parliament – The Art Newspaper

Ban on fossil fuel advertising and sponsorship to be debated by UK parliament – The Art Newspaper

July 4, 2025
Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says

July 4, 2025
Polymarket bettors forecast 75% chance Bitcoin reaches 0k in 2025 as prediction volume jumps 30%

Polymarket bettors forecast 75% chance Bitcoin reaches $120k in 2025 as prediction volume jumps 30%

July 4, 2025
Pepe indicators remain bullish despite losing 9%; check forecast

Pepe indicators remain bullish despite losing 9%; check forecast

July 4, 2025
Snorter Token Presale Raises .45M, Offering an Automated Trading Bot for Experienced Crypto Users

Snorter Token Presale Raises $1.45M, Offering an Automated Trading Bot for Experienced Crypto Users

July 4, 2025
VP.NET: The VPN That Doesn’t Ask for Your Trust – It Makes Tracking You Technically Impossible

VP.NET: The VPN That Doesn’t Ask for Your Trust – It Makes Tracking You Technically Impossible

July 4, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.