Forbes expands its reach into the Sandbox metaverse by introducing a virtual area with a gallery, bar, and swimming pool. There are games and even a scavenger hunt for visitors to participate in.
Founded in 1917, Forbes is a business magazine with a distinguished, permanent web3 presence on the Sandbox Metaverse.
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The public can now access the new Forbes experience, tucked away in the virtual world, just north of “HODL Island” and west of “Dracula’s Castle.”
Forbes launches permanent metaverse presence featuring ‘luxurious pool,’ ‘elegant bar’
The Hong Kong-owned magazine now owns virtual real-estate in the Sandbox Metaverse.— Roger Dodger (@RogerSinss) February 20, 2024
Announcing the Permanent Web3 Presence
Forbes announced the official establishment of permanent land within the Sandbox metaverse. This calculated move confirms Forbes’ conviction in the metaverse’s capacity for transformation while signaling the company’s deeper dive into the web3 space. The Forbes’ web3 community is intended to communicate, engage, and collaborate through this virtual estate as a dynamic community hub.
Yes, we’re permanently in the Metaverse ✨
Stop by for a dip in the pool, a drink at the bar or to visit our 2024 Under30 gallery.
See you there. https://t.co/sUk5YJBhjh
— ForbesWeb3 (@ForbesWeb3) February 19, 2024
Forbes’ digital domain is additionally now housed in The Sandbox, which is well-known for its vast and dynamic virtual environment. The facility is intended to serve as a hub for thought leaders and innovators. Here, Forbes offers a range of interactive experiences, courses, and events to push beyond the conventional bounds of interaction. These programs are designed to bring together bright minds from different industries, promoting networking opportunities and deep discussions in a lively, immersive setting.
The press statement furthermore states visitors will be immersed in the space’s meticulous design. Also, the press release added that the crafted space includes a luxurious pool, an elegant bar, and a comprehensive gallery dedicated to celebrating the 2024 Under 30 recipients.
Each design element has been thoughtfully curated to provide an engaging visual environment that encourages exploration and interaction. QR codes are sprinkled throughout the experience, leading visitors on a scavenger hunt to uncover exclusive content.
The Sandbox Metaverse
The Sandbox recently unlocked about 209 million vested asset tokens valued at almost $90 million. However, the unlocked funds were allocated for reserves, teams, and advisers.
$900M in vested tokens set to be released in February
The digital asset market is bracing for the release of nearly $900 million in vested tokens in February, with projects like Avalanche, Aptos and The Sandbox leading the charge.
Crypto vesting is the process of locking down…
— Mcnicol Laurence (@LaurenceMc3607) February 2, 2024
The unlock coincided with the release of other releases from Avalanche, Aptos, Optimism, and Sui, worth about $900 million.
Sebastien Borget, the Sandbox cofounder, explained then that now [anyone] can open their experience to the public and make it accessible, increasing the amount of experience and content people can play with and discover on the platform.
Sandbox has, as a result, made its way into an increasingly competitive space. While major players in the tech industry, such as Meta and Apple, compete for the top slot when it comes to metaverse hardware, firms like Surreal Events and Somnium Space have built upon concepts first developed for pre-metaverse applications such as Second Life and on the old MOO/MUX/MUSH servers.
Surge into the Metaverse
Corporations and brands are finding the metaverse of real estate more appealing these days. This is evidenced by the influx of companies and brands into the web3 digital world, including Forbes, the, Atlanta Braves, and the Ford Motor Company.
Ford prepares to enter the Metaverse with virtual automobiles and NFTs #BenmanNews #NFT https://t.co/nrC7B2ERld
— TANjA NiCOLE 🟢🟡🟠🔴🟣⚪⚫ BetterSpace.eth (@norisajul) September 26, 2022
Forbes’ action is in line with other well-known magazines’ web3 entries. In 2022, TIME magazine filed a trademark application to explore NFTs and the metaverse. Vogue Singapore unveiled a metaverse project called “From Blockchain to Love Chain” in February 2023, along with related NFTs.
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