The Sandbox's Largest Market for Creators Is Now India: Co-Founder Sebastien Borget

India has more than 66,000 content creators on the Metaverse platform The Sandbox, more than any other country.

India has become Metaverse platform The Sandbox's largest supplier of content creators as the number of users doubled to 350,000 less than a year after the Web3 project said it planned to make the nation its largest market. Growth was propelled by projects run directly by The Sandbox or with its Indian venture, BharatBox, which is partially backed by CoinDCX, an

BharatBox was initally capitalized with $1 million. Another $200,000 will be deployed by the fourth quarter, BharatBox CEO Karan Keswani said. While The Sandboxat a $1 billion valuation earlier this year, India didn't need further investment because the venture was designed to be"self sufficient and autonomous," capable of generating its own revenue, Borget said.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China's PDD suffers $40 billion market cap wipeout after flagging an uncertain marketChina's PDD suffers $40 billion market cap wipeout after flagging an uncertain market
Source: Investingcom - 🏆 450. / 53 Read more »

China regulates bond market based on market principles, state media saysChina regulates bond market based on market principles, state media says
Source: Investingcom - 🏆 450. / 53 Read more »

Tuberville, Alabama lawmakers blame market unrest on ‘Kamala Crash’: Why did the stock market drop?The Dow was down more than 900 points by lunchtime.
Source: aldotcom - 🏆 82. / 68 Read more »

Prestige Market Stayed Hot, While Mass Market Was Flat in First Half, According to New ReportCircana data shows robust growth in the prestige market, while the mass market saw unit declines across the board.
Source: wwd - 🏆 24. / 68 Read more »

Garden Ridge Market Days - Back to School Festival & MarketJoin in for GARDEN RIDGE MARKET DAYS Back-to-School Festival & Market on Aug. 10, 2024 from 9:30 a.m.-2:30 p.m. at Northeast Bible Church.
Source: SAcurrent - 🏆 607. / 51 Read more »

July inventory increase brings Denver housing market closer to a buyer’s marketWith a 68% increase in available inventory from July of last year, the close-price-to-list-price ratio is the lowest it’s been since July 2020. According to the July monthly real estate trend…
Source: denverpost - 🏆 13. / 72 Read more »