PwC Hong Kong, a subsidiary of PricewaterhouseCoopers (PwC), has purchased a virtual plot on The Sandbox, a blockchain-based gaming platform. Details such as plot size and price are undisclosed.
The Sandbox, a subsidiary of Animoca Brands, is built a metaverse that offers virtual real estate and allows players to monetize in-game items.
Photo credit: The Sandbox
According to The Sandbox, firms such as PwC Hong Kong can play a key role in driving the growth of an open metaverse.
“We will leverage our expertise to advise clients who wish to embrace the metaverse on the full range of challenges presented by this emerging global digital phenomenon,” PwC Hong Kong partner William Gee said in a statement.
The announcement comes close on the heels of Adrian Cheng, a Hong Kong property tycoon, buying one of the largest plots in The Sandbox and joining the firm as an investor.
To date, The Sandbox has onboarded several prominent brands, including Adidas, Atari, Care Bears, and The Smurfs.
Editing by Collin Furtado and Lorenzo Kyle Subido
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