Sandbox claims to be creating a music theme park, and with the help of Warner Music will be animating the entire performance space within its metaverse. In doing so, the sports work noted that Warner musicians interact honestly with their followers and generate genuine revenue streams.
Naturally, high-level partnerships increase SAND’s ability to meet larger clients in the future.
This is mainly due to the reality of the token’s location as an important asset internally in Sandbox Metawares – a medium of exchange, control, and stacking. As a result, it has outperformed its highest-ranking crypto counterpart on January 27th.
Warner chief digital officer of commercial enterprise improvement Oana Ruxandra says,
“Our partnership with The Sandbox adds a new layer of possibility in the metaverse, with the ownership of virtual real estate. As a first-mover, Warner Music has secured the equivalent of beachfront property in the metaverse. On the LAND, we’ll develop persistent, immersive social music experiences that defy real-world limitations and allow our artists and their fans to engage like never before.” — Oana Ruxandra, Chief Digital Officer & EVP, Business Development at Warner Music Group.
Oana Ruxandra
To mark this partnership, SAND will be preserving a sale of in-game LAND non-fungible tokens (NFTs) that are adjoining to the property offered by way of Warner at a later date, in accordance with the post.
This isn’t the first time the world-famous song large partnered up with a cryptocurrency organization as the employer threw its weight at the back of decentralized finance (Defi) protocol Flow (FLOW) in 2019.
SAND is replacing hands at $3.43 at the time of writing, a 27.5% extension from its seven-day low of $2.69.
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