Another Metaverse App And The Sandbox Work Together To Explore Interoperability

On Monday, one of the popular metaverse-related social apps, FlickPlay, officially confirmed via a press release that it is now in collaboration with The Sandbox. The aim of the cooperation is for both platforms to share features. Users of the social app can utilize any of the platform’s characters on The Sandbox platform.

Many FlickPlay users would be tempted to use the Flicky as it is one of the most popular NFTs released by FlickPlay. This NFT can be likened to being Pokemon Go’s social app but for the metaverse. FlickPlay users can search for non-metaverse-owned NFTs through the map on their smartphones. They can also use AR to record videos of the NFTs they’ve found and collected.

Introducing Interoperability Features In The Metaverse

This new collaboration between FlickPlay and Sandbox explores the interoperability possibilities among various metaverses. The aim is to access several metaverse platforms using the NFTs and features from one platform. It is the first time users from another metaverse platform would explore The Sandbox game.

In this case, Flicky players can explore The Sandbox games through Flicky’s features. FlickPlay, CEO and co-founder, predicts that the interoperability features on both metaverse platforms should be completed before this year is over.

While speaking about the collaboration, one of The Sandbox’s top-level executives said, “this collaboration is hugely remarkable as it is the first time there would be an NFT bridge between the virtual and real worlds. Our collaboration with FlickPlay will result in an ‘improved metaverse experience.'”

Part of FlickPlay’s roadmap will see the introduction of 12K digital collectibles, with 250 of them having sandbox avatars where holders can earn several rewards from The Sandbox. Possible rewards for players include custom fashion wear, celebrity-endorsed items, and free airdrops. Each of these items would be worth up to 0.1 ETH.

Luring More Players Into The Metaverse Space

The Sandbox has been launching various initiatives and collaborating with key sector players in the physical world to lure them into the metaverse space. You’d recall that HSBC was the first bank to own a plot in The Sandbox’s virtual land space to enhance interaction with its clients.

Also, The Sandbox worked with famous business woman cum actress, Paris Hilton. The collaboration resulted in one of the best DJ concerts in the metaverse. Other popular brands that have been involved in various metaverse-related projects include Adidas and Gucci.

Today, Fidelity investments announced the launch of a metaverse-related ETF. With $11B AUM, the asset management firm revealed that they had to launch this ETP due to constant demands from their customers. Part of the announcement indicated that interested persons could start making their investments from Thursday this week.

Also, those who purchase through any of Fidelity’s brokerage platforms would pay zero commission fees. Fidelity would expect to see a massive rush for these new ETFs as it manages assets for nearly 45M investors.

Leave a Reply

Your email address will not be published.


What is Copy Trade and How It Works?

Copy Trade Intro Copy trade or copy trading is a type of trading in which one trader (the “follower”) automatically copies the trades of another trader (the “leader”). This is done through a copy trading platform, which connects the follower and leader and allows the follower to automatically copy the leader’s trades in real-time. How […]

Coins Capital Review, – Is Coins Capital Scam Or Legitimate?

Coins Capital Trading Platform Rating 4.3 Summary Read our Coins Capital review at FStar Capital Forex and Cryptocurrency Trading blog, find the answer to your question “is Coins Capital scam or legit” and much more! Coins Capital Review You have been thinking for a long time if trading is for you. You have finally […]

AI Center Indicts ChatGPT Developer of Trade Law Violations: Claims Bias & Deception

The organization alleges that the creator of ChatGPT has violated Section 5 of the Federal Trade Commission Act with the release of GPT-4. This section of the act prohibits any practices or acts considered deceptive or unfair and that affect commerce. CAIDP has complained to the US Federal Trade Commission, intending to prevent the distribution […]

Investors Excited As XRP Market Capitalization Hits $20 Billion

It’s been wide jubilation today after XRP investors heard the announcement that the market capitalization has surged to $20 billion. XRP: a cryptocurrency developed and managed by Ripple, a San Francisco, United States, distributed data company. It was gathered that the coin itself responded to this development through a climb in price – it was […]

GlobalTrades Review, – Is Global Trades Scam or a Good Broker?

GlobalTrades Trading Platform Rating 4.6 Summary Read our Global Trades review at FStar Capital Forex and Cryptocurrency Trading blog, find the answer to your question “is scam or legit” and much more! GlobalTrades Review As people look at cryptocurrencies and their immense success, they are eager to start their own trading businesses. While […]