{"id":49013,"date":"2022-06-22T11:57:58","date_gmt":"2022-06-22T09:57:58","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=49013"},"modified":"2022-06-22T11:57:58","modified_gmt":"2022-06-22T09:57:58","slug":"the-sandbox-and-time-to-develop-time-square-in-the-metaverse","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/the-sandbox-and-time-to-develop-time-square-in-the-metaverse\/","title":{"rendered":"The Sandbox and TIME to Develop ‘TIME Square’ in the Metaverse"},"content":{"rendered":"

Ethereum based virtual world, The Sandbox<\/strong>, has joined forces with American media mogul, Time Inc<\/strong>., to develop \u2018TIME Square\u2019<\/strong> in the metaverse. The simulated location will serve as a virtual hub<\/strong> for community, art and commerce, resembling the iconic Time’s Square<\/strong> in New York City. <\/p>\n

The metaverse<\/a> has witnessed an unprecedented traction in recent times. Many of the world\u2019s prominent celebrities, athletes along with the largest technology companies are investing in the construction of the metaverse.<\/strong> Consumers are not simply venturing into the virtual world. Instead they are\u00a0designing, building, buying and trading content within the virtual world. Multi-billion dollar companies including,\u00a0Nike<\/a>,\u00a0Samsung, NVIDIA,\u00a0Boeing<\/a>, United Parcel Service<\/a> (UPS) among many others have already dipped their toes in the metaverse space.<\/p>\n

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We're bringing @TIME<\/a> Square to the #metaverse<\/a>! \ud83c\udfd9\ufe0f<\/p>\n

A virtual hub for art and commerce curated by @timepieces<\/a>.https:\/\/t.co\/rzKOK4SIHZ<\/a> pic.twitter.com\/QDgiFPiJvw<\/a><\/p>\n

— The Sandbox (@TheSandboxGame) June 20, 2022<\/a><\/p><\/blockquote>\n