{"id":17597,"date":"2022-01-31T12:49:43","date_gmt":"2022-01-31T11:49:43","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=17597"},"modified":"2022-01-31T12:49:51","modified_gmt":"2022-01-31T11:49:51","slug":"japanese-crypto-exchange-coincheck-partners-with-the-sandbox-to-build-a-metaverse-city","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/japanese-crypto-exchange-coincheck-partners-with-the-sandbox-to-build-a-metaverse-city\/","title":{"rendered":"Japanese crypto exchange Coincheck partners with The Sandbox to build a metaverse city"},"content":{"rendered":"\n
Coincheck, a Japanese crypto exchange<\/a>, revealed on Sunday that it has teamed up with The Sandbox, to create a new metaverse city dubbed ‘Oasis TOKYO.' The partnership is expected to boost The Sandbox brand in the Japanese market<\/h5>\n\n\n\n
\"Japanese<\/figure><\/div>\n\n\n\n

The project will be built on LAND, a virtual piece of real estate in The Sandbox's metaverse\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, and will create a “near-future metropolis in the year 2035” where users can participate in metaverse-related activities.<\/p>\n\n\n\n

Art museums, stages, and other amenities will be included in the virtual area, which will resemble a Japanese urban. Artists in Japan will be encouraged to conduct fan-engagement activities, and local businesses will create their own communities.<\/p>\n\n\n\n

In the meanwhile, this isn't the first time the two firms have collaborated. In September 2020, The Sandbox established a partnership with Coincheck to boost its brand in the Japanese market. Coincheck added LAND NFTs<\/a> used and exchanged in The Sandbox to its NFT marketplace, ‘Coincheck NFT,' as part of the agreement.<\/p>\n\n\n\n

The Sandbox's COO, Sebastien Borget, stated in the announcement:<\/p>\n\n\n\n

\u201cSince forming a strong partnership with Coincheck in 2020, both companies have worked closely together selling LAND through Coincheck NFT beta version, which is necessary to launch games on The Sandbox. With growing interests in metaverses globally<\/a>, we are extremely excited about the opportunities to offer actual metaverse experiences to our users.\u201d<\/p><\/blockquote>\n\n\n\n

Coincheck, one of Japan's largest crypto exchanges, was hacked in 2018 and lost more than $500 million when hackers<\/a> exploited a security flaw in its system to steal NEM currencies from its hot wallet.<\/p>\n","protected":false},"excerpt":{"rendered":"

Coincheck, a Japanese crypto exchange, revealed on Sunday that it has teamed up with The Sandbox, to create a new metaverse city dubbed ‘Oasis TOKYO.’ The partnership is expected to boost The Sandbox brand in the Japanese market The project will be built on LAND, a virtual piece of real estate in The Sandbox’s metaverse […]<\/p>\n","protected":false},"author":12,"featured_media":17600,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,5794],"tags":[6944,5671,5506,5620,6946,6945],"class_list":["post-17597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","category-metaverse-news","tag-coincheck","tag-cryptocurrency-exchange-2","tag-japan-2","tag-metaverse-2","tag-oasis-tokyo","tag-the-sandbox"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/01\/image-344.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/17597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=17597"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/17597\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/17600"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=17597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=17597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=17597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}