The Sandbox, an Animoca Brands subsidiary, has announced a number of new partners for the second phase of Hong Kong’s metaverse cultural hub, Mega City II.
The project has partnered with participants from several industries for the second phase of the metaverse Mega City, including tourism, hospitality, culture, media, education, banking, investing, music, and entertainment.
The names of the new entrants in the Mega City’s expansion into the second phase were published in the latest blog post by the metaverse investor and NFT game publisher. Standard Chartered, Ocean Park, Regal Hotels Group, Tatler Asia, EVI, Brinc, MADworld, Gameone, Chord Hero, Hong Kong Pop Culture Time Gates, and UFO School are among them.
On April 28, the Sandbox will also launch a new LAND sale, allowing users to acquire LANDs and become a part of the Mega City community.
The most recent development comes three months after the metaverse platforms originally announced the launch of Mega City’s first phase. As previously stated, the ultimate objective is to extend Hong Kong’s culture into the metaverse. As part of the big project, The Sandbox formed partnerships with city heavyweights in cinema, music, entertainment, acting, professional services, gaming, and so on.
Several technological giants are competing for a piece of a multibillion-dollar business opportunity. The constantly increasing gaming area, as well as the rising usage of non-fungible tokens (NFTs), are propelling the global metaverse market forward. Facebook, Tencent, Nvidia Corporation, Epic Games, Roblox Corporation, Unity Technologies, and others are among the leading participants in the worldwide metaverse industry.
