Individual creators will ultimately shape the metaverse: Sandbox founders

November 3, 2023 Coin Telegraph

Adidas

As the firm moves to open up The Sandbox Map, co-founder Sebastian Borget said he believes individual creators and brands will ultimately drive what the metaverse of the future will offer.

Individual creators and brands will ultimately determine the future of the metaverse as opposed to any centralized entity, according to the co-founders of The Sandbox.

On Nov. 3, the team behind the Ethereum-based metaverse announced on X it had made The Sandbox Map accessible to everyone, where “LAND” owners can publish their own experiences without needing to partake in an application process (which was previously required).

THE METAVERSE IS NOW OPEN

Starting today, LAND owners in The Sandbox can instantly publish experiences on the map!

We're accelerating user-generated content to unleash the creative potential of creators like you. Let's build the metaverse together. #UGC #CreatorsDayHK pic.twitter.com/A2E8gNI2it
— The Sandbox (@TheSandboxGame) November 3, 2023

“Now [anyone] can open their experience to the public [and] make it accessible, which will increase the amount of experience and content that people can play and discover on the platform,” Sandbox co-founder Sebastien Borget told Cointelegraph in an earlier Nov. 2 interview during Hong Kong FinTech Week.

#CreatorsDayHK is LIVE!

Livestream all the key events on X or our YouTube channel: https://t.co/83NqKyOTDr

We've got some exciting news that you won't want to miss. Stay tuned to see what's in store for the metaverse! pic.twitter.com/ReUQahbckP
— The Sandbox (@TheSandboxGame) November 3, 2023

The notion that users can create and own content and property in Web3 is at the forefront of Sandbox’s strategy, Borget iterated.

“They discover blockchain not because of the value of the asset, but because they can create content.”

Updates to Game Maker and a new fund

Sandbox said it will also update its Game Maker tool before 2024, its experience-building and testing tool that is set to introduce new gameplay mechanics, templates and social interactions to make content production even easier.

The firm will also “reignite” its new 100 million SAND Game Maker Fund (currently worth $36 million) next year to build on those updates.

Borget said this will drive engagement across a range of industries:

“[It will] drive more engagement, more replayability, more fun and new social interaction as we define the future of music, the future of fashion, sport, entertainment, art and culture on the platform.”

Borget said Game Maker’s tools have simplified the process for new creators to get started:

“Game Maker has been a gateway to bring a new breed of creators that then design new experiences and then over time monetize it by selling on marketplace and introducing their own.”

Meanwhile, Sandbox co-founder and CEO, Arthur Madrid, said the firm has helped connect brands to fans of late by running contests to rebuild New York’s Times Square and architectures in The Walking Dead, among other things.

The firm is working to incorporate multiplayer capabilities which will drive this audience engagement. But Madrid acknowledged the difficulty with integrating multiplayer capabilities in metaverses at scale, particularly on blockchains.

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Dive in TODAY! https://t.co/bK636FFLLW #DrBomkusTrials pic.twitter.com/8Nui4b1UKU
— The Sandbox (@TheSandboxGame) November 1, 2023

Over 400 partners have signed up to The Sandbox, including Warner Music Group, Ubisoft, Gucci Vault, Snoop Dogg, Invincible and Adidas.

Looking ahead however, Borget acknowledged that metaverse adoption won’t take off until more defined use cases are established in virtual worlds, as incoming users are ultimately looking for memorable experiences to gravitate towards.

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Nifty News: Enter the afterlife in style, Solana NFT game demo hits Epic store and more

September 30, 2022 Coin Telegraph

build-a-bear

300 holders of the Spartan NFT will be able to spread their ashes at a 35-foot memorial to Spartan soldiers, to be built in Greece.

The company behind the Spartan Race has released a nonfungible token (NFT) collection which will immortalize the names of the initial holders in stone, with plans to build a 35-foot (10.5 meters) statue in Ancient Sparta encircled with 15,000 name-engraved stones.

Spartan founder and CEO Joe De Sena plans to bury his ashes under his stone at the site dubbed the Spartan 300 Memorial, which will pay homage to the ancient Battle of Thermopylae in which 300 Spartans were said to have fought and were killed.

Of the 15,000 NFTs, 300 will be “Super Rare,” with holders of that NFT type given the option of spreading their ashes over the memorial after their death, which could see it become one of the first NFTcollections to grant someone a final resting place.

Owners can sell their NFT on markets such as OpenSea, but it’s unclear if this burial perk is transferred to the new owner.

The passes sell for $3,000 and also permit holders up to nine years of unlimited access to all Spartan brand events, including its 70-hour long Death Race and its Tough Mudder obstacle race, as well as with exclusive merch drops.

NFT holders will also be granted access to an exclusive yearly event in which they can train with pro athletes along with testing the fitness brands’ products and obstacles.

Star Atlas launches demo on Epic Games store

Solana-based NFT game Star Atlas launched its first playable pre-alpha on Sept. 29 through the Epic Games store for owners of its NFTs, allowing them to view in-game vehicles they’ve purchased within the games’ environment.

Star Atlas is an open-world space exploration strategy game set in the year 2620 in which players can buy and sell NFTs representative of vehicles such as spaceships, players also mine for resources to sell on the in-game marketplace and join political factions.

The Showroom pre-alpha demo is powered by the Unreal Engine 5, a 3D creation tool released in April by Epic Games, and is used in its flagship game Fortnite.

The Star Atlas developers have also launched an open source tool, The Foundation Software Development Kit (F-KIT), which allows Unreal Engine 5 developers to more easily integrate their titles into the Solana blockchain.

Build-A-Bear enters Web3

Stuffed animal retailer Build-A-Bear Workshop is entering Web3, partnering with NFT marketplace Sweet to launch its first NFT collection in celebration of its 25th year in business.

The NFTs will be minted on the Polygon blockchain and will begin with the October auction of a physical and digital bundle which includes a unique physical teddy bear studded with Swarovski crystals along with its NFT counterpart.

A second November auction will offer five silver teddy bear NFTs also accompanied by matching physical counterparts before a December launch of 5,000 NFTs are made available for public mint.

CryptoPunk sells for 3,300 ETH

A rare CryptoPunk has sold on NFT marketplace OpenSea for 3,300 Ether (ETH), worth over $4.4 million, to an anonymous buyer on Sept. 28 marking the fourth-highest sale in terms of ETH spent, according to data from DappRadar.

CryptoPunk #2924 features rare attributes such as being an “ape” type, of which only 24 exist in the 10,000-strong collection. It also has one “accessory” — a hoodie which is a rarity in the collection, and more so as it is the only “ape” to feature one.

The most expensive CryptoPunk ever sold was purchased for 124,457 ETH, worth over $530 million at the time of purchase in Oct. 2021

More Nifty News:

Warner Music Group announced a partnership with NFT marketplace OpenSea to allow select artists to launch NFT collections on customizable and dedicated landing pages to build their Web3 presence.

Facebook and Instagram users in 100 countries can connect their crypto wallets to post and share NFTs across both platforms with parent company Meta supporting digital assets from the Ethereum, Polygon and Flow blockchains.

Warner Music Group