tl;dr
Forbes has made a significant move into the Web3 and digital real estate space by entering The Sandbox metaverse. The company aims to establish a permanent presence in The Sandbox to engage with the community and drive innovation. The virtual estate envisioned by Forbes will offer a luxurious enviro...
Forbes has made a significant move into the Web3 and digital real estate space by entering The Sandbox metaverse. The company aims to establish a permanent presence in The Sandbox to engage with the community and drive innovation. The virtual estate envisioned by Forbes will offer a luxurious environment, including a pool, a bar, and a gallery showcasing the 2024 Under 30 recipients. This move reflects a broader trend among businesses exploring the metaverse for digital engagement and brand extension, with The Sandbox's native token experiencing a 3% price increase following the announcement.
Forbes recently announced its venture into The Sandbox metaverse. It marks a significant move for the media giant into Web3 and digital real estate. By acquiring virtual land in The Sandbox, Forbes aims to establish a permanent presence within this expansive online world. This reflects a growing trend among companies exploring the potential of the metaverse for community engagement and innovation. The Sandbox, known for its interactive and user-generated content, offers a platform where Forbes plans to create a community hub. This space facilitates interaction, engagement, and collaboration among participants, bringing together thinkers, leaders, and innovators to extend beyond traditional media engagement methods.
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