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Consulting firm acquires virtual land on The Sandbox metaverse

source-logo  thecoinrepublic.com 27 December 2021 01:39, UTC

The Sandbox allows gamers to play, build, own, and monetize their virtual experience in its metaverse. For players the platform brings an incredible opportunity to make passive income. Last week it has been announced by the Animoca Brands, the firm behind the metaverse, that a transaction has been carried out by the consulting and auditing firm from Hong Kong, PwC. Notably, the firm has reached the metaverse with the purchase of a virtual property. Moreover, it is revealed that the purchase collaborated with the rise of the metaverse’s native cryptocurrency.

The Sandbox welcomes PwC Hong Kong

PwC Hong Kong entered the metaverse, to see how it promotes new immersive experiences and ways for brands to connect with users. According to Sebastien Borget, the COO of The Sandbox, the consulting and auditing firm is in the metaverse to explore it. 

We can witness that many brands have already invested in the metaverse which can be deemed as an indispensable next phase that will be intensely online. PwC sees the investments being made in the metaverse with an onslaught by businesses with a futuristic vision. 

However, the value in which PwC purchased the land is yet to be uncovered.

PwC will offer their expertise to embrace metaverse

After owning land in the Sandbox, PwC released a statement. According to the accounting firm’s partner William Gee, the firm will leverage its expertise to advise users who are willing to embrace NFTs and gaming metaverse across the full range of challenges presented by the emerging global digital phenomenon.

NFTs and gaming metaverse are open for businesses

Following PwC entering the metaverse, The Sandbox highlighted that professional services firms can play a valuable role in the growth of their virtual world. Moreover, the announcement explained that the consulting and accounting firm can help brands that may be less familiar with the Web3.0 ecosystem.

According to Sebastien Borget, the metaverse believes that the Big Four accounting firms are at the forefront of this innovation. Moreover, he elaborated that The Sandbox is open for business. And now the world will witness how metaverses will foster new immersive experiences and ways for brands to connect with clients.

thecoinrepublic.com