PwC Hong Kong Buys Land in The Sandbox
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PwC Hong Kong Buys Land in The Sandbox

THELOGICALINDIAN - The accessory of the Big Four accounting aggregation has entered the Metaverse

PwC Hong Kong has purchased basic acreage in The Sandbox, according to an announcement from Animoca Brands.

PwC Hong Kong Buys Sandbox Land

The accretion of acreage agency that PwC Hong Kong will accept a committed amplitude in The Sandbox, a VR bold congenital on Ethereum.

William Gee of PwC Hong Kong said that the accretion will “create amount through avant-garde business models” and acquaint “new means to appoint with…customers and communities.”

It is cryptic absolutely how PwC Hong Kong affairs to use its attendance in The Sandbox, admitting Gee said that the aggregation affairs to admonish audience who appetite to advance in the Metaverse.

Animoca Brands acclaimed that this accord makes PwC Hong Kong the aboriginal affiliate of an all-embracing able casework aggregation to access acreage in the basic apple of The Sandbox.

The amount of today’s acquirement was not disclosed. However, accomplished sales of distinct acreage accoutrements advance that the acquirement could ambit amid 2.7 ETH ($11,300) and 40,000 ETH ($164 million).

Other Partnerships

Other firms accept ahead bought acreage in The Sandbox. Adidas purchased land in the VR bold in backward November.

The belvedere has additionally partnered with several big names including The Walking Dead, Atari, South China Morning Post, and Snoop Dogg, as able-bodied as ancestors brands The Care Bears and The Smurfs.

The Sandbox’s non-fungible tokens, which are acclimated as accoutrements of land, are currently the sixth-largest class of NFTs by volume. The activity saw 4,280 ETH ($17.5 million) of NFTs move this week, according to alive abstracts from OpenSea.

The Sandbox’s built-in cryptocurrency token, SAND, hit $6.13 today, its accomplished amount back aftermost month. At the time of autograph the bread is up 16.7% over the accomplished 24 hours and is admired at $6.09.

Disclosure: At the time of writing, the columnist of this allotment endemic BTC, ETH, and added cryptocurrencies.