📺 Stream EntrepreneurTV for Free 📺

CoinDCX and The Sandbox Join Hands for Fostering Community CoinDCX will be a part of an innovative cultural metaverse hub called BharatBox in The Sandbox

By Paromita Gupta

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

Virtual Digital Assets startup CoinDCX announced it was partnering with The Sandbox, a top-tier blockchain gaming platform for education and community enlightenment.

The Sandbox, an Animoca Brands platform, is a virtual world where players can build, own, and monetize their gaming experiences powered by blockchain.

"Community has consistently stood as a cornerstone of our values, and our commitment remains steadfast in actively engaging and co-creating experiences that align with the ever-evolving needs and aspirations of our community," said Sumit Gupta, Cofounder, CoinDCX.

CoinDCX will be a part of an innovative cultural metaverse hub called BharatBox in The Sandbox. "We take pride in the fact that this collaboration with BharatBox will further deepen our connections within the metaverse," adds Gupta. The BharatBox is a joint venture of The Sandbox and Brinc, a venture accelerator firm.

The association will work on user-centric educational materials, interactive AMAs, and efforts to establish a holistic knowledge base about the technologies. It will further focus on fostering creativity, with reference to the development of India-centric metaverse projects, and offering engaging quests in BharatBox.

It will be carried out in two phases.

Phase 1 will incorporate Game Nights and Education & Media Series. CoinDCX and BharatBox will be organizing exclusive game nights offering the metaverse experience to the community. The two will also hold AMAs and co-create knowledge repositories. This will include an ambassador Program to promote the metaverse, giveaways and contests, and community-building activities across third-party platforms such as Discord and Twitter.

Phase 2 will have Creative Metaverse Projects, Bounty Programs, Buildathons, SDK Integration, and The Sandbox Ecosystem Quests.

"We are jointly poised on the cusp of redefining India's digital horizons, driven by the boundless promise of the metaverse and Web3. This isn't just about carving a digital niche; it's about sculpting a lasting digital legacy," shared Karan Keswani, CEO, BharatBox.

The announcement was made at Unfold 2023, a web3 event.

Paromita Gupta

Features Writer with Entrepreneur India

Covering news and trends in AI and Metaverse segments. An avid book reader running her personal blog on the side. You may reach me at paromita@entrepreneurindia.com. 
News and Trends

Ananya Birla Shares Her 'hardest decision': Quits Music To Concentrate On Business

The head of the Aditya Birla Group, Kumar Mangalam Birla's daughter Ananya Birla, announced she was giving up music. It was time to focus on business, she wrote.

News and Trends

Microsoft is Building 'MAI-1' to Compete With OpenAI and Google AI Models: Report

MAI-1 will be larger than previous open-source models developed by the Satya Nadella-led tech giant

News and Trends

Vodafone Aiming to Integrate Crypto Wallets Directly into SIM Cards

The move comes as Vodafone India, a separate entity which sees Vodafone Group have a 45 per cent stake, take approximately USD three billion in debt

News and Trends

Poshn, Gyan Live, and 50Fin Raise Early-Stage Funding

The Indian startups listed below have disclosed their initial fundraising rounds.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Growth Strategies

India's Dilemma: Navigating The Transition From Coal In Pursuit Of Net-Zero

India's electricity landscape is heavily reliant on coal, which currently accounts for a staggering 73 per cent of total generation.