The Sandbox (SAND) Announces $50M Metaverse Development Program

The Sandbox (SAND) has partnered with project accelerator Brinc to launch the $50 million “Accelerator” to invest in many metaverse start-ups. announced the program.

on January 26 According to the shared press release, The program, which is planned to start in the second quarter of 2022, 3 years in 40 to 50 It is aimed to contribute to the project between

Start-ups accepted under the program 250 thousand dollars can receive investment and $150,000 of SAND tokens and LAND land It has been reported that airdrops will be organized.

Announcing the start of applications, The SandBox will be able to contribute to the growth and expansion of the metaverse ecosystem. supporting new initiatives announced that it started this program for the purpose of Also; Blockchain, which plans to be a pioneer in the fields of arts, collectibles, culture, entertainment, games, media and content recommended initiatives.

Sebastien Borget, co-founder of The Sandbox, in a press release:

Sandbox’s metaverse The “Accelerator” program is a significant expansion of our continued investment in supporting the next generation of entrepreneurs. With imagination, ideas and hard work, startups from all over the world will be able to realize their visions and make a social impact.

said.

Manav Gupta, CEO of Brinc, the project acceleration company that supports the program, said in a statement:

Thanks to Metaverse, I think that as digital experiences develop, carbon emissions from business or leisure travel will decrease.

made statements.

source site-9