2 years ago
Metaverse darling The Sandbox is launching a $50 cardinal incubator programme successful concern with task accelerator Brinc, the institution announced Wednesday.
The programme volition put up to $250,000 successful 30–40 metaverse startups each twelvemonth implicit a three-year period, according to a property release. Top performers of the programme volition besides beryllium awarded up to $150,000 successful SAND and LAND token grants.
The program’s archetypal cohort volition beryllium announced sometime successful aboriginal Q2. The programme runs 3 months successful duration, with applications presently open. It comes astatine a clip erstwhile usable metaverse experiences are inactive successful their nascency.
“The Sandbox's metaverse accelerator is simply a large enlargement of our ongoing committedness to enactment the adjacent procreation of metaverse entrepreneurs,” Sebastien Borget, co-founder of The Sandbox, said successful a property release. “With imagination, ideas and hard work, startups from each implicit the satellite tin recognize their visions and thrust societal interaction by creating much opportunities for everyone.”
The Sandbox is simply a subsidiary of Animoca Brands, 1 of the metaverse industry’s astir progressive investors.
The steadfast besides led a $130 cardinal Series B for Brinc successful December to boost the company’s enlargement into Web 3 gaming.
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