Philippines Commences Sandbox Testing for Peso-Backed Stablecoin
Philippines central bank greenlights trials for PHPC, a peso-backed stablecoin, in partnership with Coins.ph under the Regulatory Sandbox Framework. In regulated trials, the central bank of the Philippines will launch a national stablecoin pegged 1:1 to the local peso. A pilot program for PHPC, a stablecoin supported by the Philippine peso, was authorized by the […]
List of top 10 affordable metaverse real estate platforms
There are a great number of advantages to owning a metaverse real estate, the most tangible of which is the possibility of the property’s worth increasing over time. When you own a metaverse real estate, you have access to a special plot of land in the virtual world and can use it for a variety […]
Regal Hotels enters the Metaverse with project MetaGreen
The Regal Hotels Group of Hong Kong has announced its entry into the Sandbox metaverse with an ESG-focused project dubbed MetaGreen, which is expected to be completed by October 2022. MetaGreen is an initiative to create an environmental, social, and governance (ESG) focused plot of “LAND” in Animoca Brands’ subsidiary, The Sandbox – a decentralized […]
Sandbox, MAUER partner to sell 10,000 Ukrainian flags as NFT
The Sandbox Metaverse has announced a partnership with MAUER to sell 10,000 Ukrainian flags as NFT in a bid to raise $2 million in relief funds for victims of Russia’s invasion. The message stated, “Together with MAUER, we are gathering donations for the Ukrainian citizens now suffering from the war.” To do so, the organization […]
The Sandbox, an Ethereum NFT Metaverse Game raises $93 million
Users may own, edit, and monetize land plot NFTs in a shared online environment in the future Ethereum-based metaverse game. Following Facebook’s increased push into the space—including renaming its parent company as “Meta “—and rising value for metaverse-related crypto tokens, excitement over the approaching metaverse may be at an all-time high. One of the most […]