- NFT Technologies (NFT) is reporting a partnership between Web 3.0 studio Run It Wild and The Sandbox
- Run It Wild is a blockchain, metaverse and NFT development studio that guides brands through the possibilities of Web 3.0
- The Sandbox is a decentralized gaming virtual world that combines virtual real estate and an amusement park
- The studio will develop games, concepts and creative strategies for current and future IP in the Sandbox metaverse
- NFT Technologies builds products that accelerate Web 3.0 adoption by infusing utility into digital assets. Its acquisition of Run It Wild is anticipated to close on or before February 24, 2023
- NFT Technologies (NFT) closed unchanged, trading at $0.06 per share
NFT Technologies (NFT) is reporting a partnership between Web 3.0 studio Run It Wild and The Sandbox.
Run It Wild is a blockchain, metaverse and NFT development studio specializing in art, collectibles and gaming. It has helped brands such as Australian Open, Linktree and Elvis Presley navigate the possibilities of Web 3.0. NFT Tech’s acquisition of Run It Wild is anticipated to close on or before February 24, 2023.
The Sandbox, a subsidiary of Animoca Brands, is a decentralized gaming virtual world that combines virtual real estate and an amusement park. The ecosystem uses SAND, an ERC-20 utility token, for transactions, interactions and governance participation in the world’s decentralized autonomous organization. The token has a market cap of just over C$1.4 billion.
Animoca Brands – a Deloitte Tech Fast winner; ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021 – is a leader in digital entertainment, blockchain and gamification that is advancing digital property rights and the establishment of the metaverse.
Run It Wild will deliver games, concepts and creative strategies for current and future IP in the Sandbox metaverse.
The partnership is part of The Sandbox’s expansion efforts, which include a new marketing content series and flagship neighbourhoods to celebrate cultural and geographical diversity.
Other Sandbox partners include Deadmau5, Binance, The Smurfs, Atari, The Walking Dead and CryptoKitties.
“Most brands and rights holders today connect to their audiences across multiple platforms, from TikTok, Twitter, Instagram, Meta, LinkedIn, the list goes on,” stated Adam De Cata, CEO of NFT Tech. “We see emerging virtual worlds and environments as the next great place to reach new Web 3.0-native audiences and create deeper engagement and more meaningful experiences for existing customers.”
NFT Technologies builds products that accelerate Web 3.0 adoption by infusing utility into digital assets.
NFT Technologies (NFT) closed unchanged, trading at $0.06 per share.
