Animoca Subsidiary to Launch First Metaverse Ecosystem Token

Animoca Subsidiary to Launch First Metaverse Ecosystem TokenCredit: cryptotimes

cryptotimes

10 days ago

Darewise Entertainment, a subsidiary of Animoca Brands, is set to launch its first-ever metaverse ecosystem token with Horizen Labs.

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Animoca Brands, a subsidiary of Animoca Brands Corporation Limited (ASX: AB1), has announced the launch of The Sandbox Metaverse (TSM), a new blockchain-driven virtual world and gaming platform. TSM will feature a unique token-based economy that will enable users to access a range of premium in-game services, create, share, and monetize user-generated content, and participate in a vibrant community of gamers, developers, and entrepreneurs. This will be the first ever tokenized metaverse ecosystem, and will give users the opportunity to gain rewards for playing, creating, and trading digital assets.

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Frequently asked questions

What is the name of the Animoca Subsidiary?

The Animoca Subsidiary is called The Sandbox.

What is the purpose of the Metaverse Ecosystem Token?

The Metaverse Ecosystem Token will be used to purchase virtual assets, services, and access within the Sandbox Metaverse.

What type of token is the Metaverse Ecosystem Token?

The Metaverse Ecosystem Token is an ERC-20 utility token.

When will the Metaverse Ecosystem Token be available?

The Metaverse Ecosystem Token will be available for purchase in the first quarter of 2021.

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