Sand Price Prediction – Giant startup investment of 50 million dollars from Metaverse platform Sandbox Review and Chart 2022

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Sandbox, the sub-company of Animoca Brands, which is a game software company and has attracted attention with its investments in many projects recently, has started a 50 million dollar “acceleration program” to support initiatives to be built on the platform’s Open Metaverse project. Support to startups will be made through venture capital firm Brinc.

According to the official statement, the acceleration program aims to support 100 startup projects. The accelerator program will provide more mentoring and training support to startups. Access to potential partnerships and business development opportunities in the Sandbox, Animoca Brands, and Brinc networks will also be supported.

 

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SAND and LAND will be given

The program aims to “accelerate” 30 to 40 startups each year. While aiming, a support of 250 thousand dollars per startup is considered for a 3-year period. Top-performing startups will also be awarded $150,000 worth of SAND tokens and the game’s lands called LAND. The performance of the startups in the program will be determined by their power of attracting attention, technical expertise, and level of “giving the user a unique experience.” He said that it is proof of their support for the next generation of entrepreneurs:

“We are very eager to support entrepreneurs and company founders who cannot get enough support in this regard”

As it is known, Animoca Brands recently It received an investment of 360 million dollars and increased its total value to 5.4 billion dollars. Sandbox has also signed partnerships with famous rapper Snoop Dogg, game company Atari, and Skybound, the company behind The Walking Dead series.