It is inevitable that in the future we will continue to talk about the alternate reality on which Meta and so many other companies are getting their hands. We have seen what is the metaverse, how it was born and how it will transform. Clearly his identity will merge inextricably with the economic one and precisely today we are talking about the first "collaboration" between a bank and The Sandbox. For those unfamiliar with it, The Sandbox is a project that was born as digital virtual reality, a sort of Second Life.
The metaverse revolution is around the corner: HSBC is the first bank in the world to buy a digital plot of land on The Sandbox
HSBC, one of the largest banking and financial service providers in the world, and The Sandbox announced today a new partnership that will open many opportunities to virtual communities around the world. Thanks to this collaboration will be allowed to interact with global financial service providers and the sports communities of the metaverse.
The partnership between The Sandbox and HSBC saw the bank acquire a piece of land, a virtual property in the metaverse that will be used to attract and connect with sports fans, eSports and games. The Sandbox Game is a multiplayer game online that uses blockchain technology with elements of finance decentralized (DeFi) etoken non-fungible (NFT). Sandbox is an entire meta-universe (metaverse, in fact) in which players can buy and sell "lands", create and sell their NFT tokens, as well as participate in project management, determining the value of the Sandbox token.
Suresh Balaji, HSBC marketing director for Asia Pacific said:
The metaverse is how people will experience Web3, the next generation of the Internet, using immersive technologies such as augmented reality, virtual reality and augmented reality. We see great potential in HSBC to create new experiences across new platforms, opening up a world of opportunity for our current and future customers and the communities we serve.
This flap looks very interesting and promising. Usually, anyone who is passionate about this world is used to hearing about banks and credit institutions do not look favorably on decentralized finance and cryptocurrencies. We will see how the situation evolves.
Through | Cryptocurrency.it
