- Sandbox partners with Forkast Labs to improve the Metaverse
- Forkast Lab’s index will help organize data within the Sandbox for easier understanding.
A leading web3 data intelligence firm Forkast Labs has revealed a strategic collaboration with The Sandbox – a top decentralized virtual world for gamers. The partnership aims to transform how we measure the value of virtual assets within the Metaverse.
The Sandbox allows participants to build, own, and monetize digital experiences and assets using blockchain technology and non-fungible tokens (NFTs). The platform empowers users with top-notch creating tools to boost their gaming practices and participate in a vibrant digital economy.
Bolstering the Gaming Market
The partnership will involve Forkast offering detailed insights and coverage into the growth blockchain gaming market. Forkast Labs’ experience in journalism, blockchain, and multichain data infrastructure will offer Sandbox extensive media exposure and popularity within the blockchain community.
Forkast Labs will offer Metaverse indicators for measuring NFT, Fashion, Music, and Gaming assets. That will allow the crypto project’s brand partners (including Gucci Vault, Ubisoft, and Warner Music Group) to track the performance of their virtual assets in real-time.
Moreover, brands within The Sandbox can access comprehensive video content, articles, and interviews showing their social activity and economic innovativeness and impacts on the blockchain and gaming industries. Indeed, Forkast wants to ensure understanding and awareness of the transformative capabilities of the digital space.
Organized Data for Users
Forkast Labs’s CEO and co-founder Angie Lau commented on the partnership, stating that they are developing standards that funds, firms, users, and developers can use to determine value. Forkast Labs will track millions of on-chain data, clean it, and organize it for anyone to understand. She expressed her joy in working with Sandbox’s visionary and talented team.
The Sandbox COO Sebastien Borget added that the Forkast Labs collaboration would ensure more data analysis and comprehensive updates of the happenings in the Metaverse. That will ensure transparency and know-how of this new technology. Borget believes the partnership will help accelerate web3 adoption and explore the blockchain’s capabilities.
About the Sandbox
The Sandbox is among the decentralized digital worlds that have fueled the latest virtual real estate growth. It has partnered with popular brands, including Ubisoft, Warner Music Group, and Adidas.
The Sandbox offers users an intuitive & decentralized space to ensure immersive game experiences. Also, users can monetize their digital creations for passive income.