The Sandbox and Warner Music Group to create music-themed LAND

Published at: Jan. 27, 2022

The Sandbox announced Thursday a partnership with Warner Music Group, or WMG, to create a musical theme park and concert venue within the gaming metaverse. The Warner Music Group LAND in The Sandbox will host concerts and live experiences featuring artists and talent represented by WMG.  

This initiative marked Warner Music’s first entry into the NFT metaverse realm. According to a statement shared with Cointelegraph, their goal is to create immersive social experiences that can empower Warner Music artists. The Sandbox could provide artists with another outlet to engage with their fans, experiment with virtual entertainment and generate new revenue streams while reaching a global community.   

Sebastien Borget, COO and Co-Founder of The Sandbox said that the partnership "brings the open metaverse one step forward in the direction of fan-owned and community-driven initiatives.”

“We’re shaping The Sandbox as a fun entertainment destination where creators, fans, and players can enjoy first-of-a-kind immersive experiences and be more closely connected to their favorite musical artists through NFTs,” he added.

Digital land remains in high demand, and consistent high trading volume on The Sandbox has deemed it one of the most competitive metaverses to rival Decentraland. According to the company, The Sandbox will hold a LAND sale in March 2022 to allow music fans to buy LANDS adjacent to the WMG property.

Related: $106M worth of metaverse land sold last week: DappRadar

WMG, comprising of record labels like Atlantic, Warner Records, Elektra and Parlophone, is the latest partner to purchase real estate within The Sandbox metaverse, joining The Walking Dead, Snoop Dogg, Adidas, Steve Aoki, The Smurfs and CryptoKitties.

Tags
Nft
Related Posts
Showtime: NFT tickets take the stage in 2022, connecting artists and fans
Nonfungible tokens have proven to be successful across a number of industries. From gaming to high-end luxury fashion, NFT use cases have demonstrated the importance of creating lasting connections between a company or a brand and its users/customers. As such, it shouldn’t come as a surprise that the billion-dollar event-ticketing industry is on its way to being disrupted by nonfungible tokens. Specifically, the online event-ticketing sector — which is expected to reach $60 billion by 2026 — will likely see an increase in NFT ticket platforms and marketplaces that issue virtual tickets across a blockchain network. Colby Mort, head of …
Music / Jan. 19, 2022
Play-to-Earn vs. Move-to-Earn explained
P2E vs. M2E Games The key differences between P2E and M2E are the rewarding system and the revenue model. As you can tell, there are some differences between the P2E model and the M2E model. Both of them are so much more than virtual gaming, that’s for sure. P2E is expected to transform from a trend to a mature concept. The gaming industry is exciting, but it should not be forgotten that relaxation and community engagement should remain central. Real gamers care more about the game and the graphics than about the revenue model. M2E is also gaining momentum in …
Blockchain / July 9, 2022
Eminem and Snoop Dogg to perform Bored Apes track at MTV music awards
NFT friendly rap icons Eminem and Snoop Dogg will be performing at MTV’s Video Music Awards (VMAs) together on Sunday, in a performance inspired by the Otherside metaverse and Bored Ape Yacht Club (BAYC) NFTs. The Otherside is a collaboration project between Yuga Labs’ BAYC and NFT investment and gaming giant Animoca Brands. Partnering with Otherside creator Yuga Labs, the global rap icons will be giving some major mainstream exposure to Otherside by transforming the VMAs stage into its style for their latest collaborative single ‘From the D 2 the LBC’. Specific details of the performance are sparse at this …
Music / Aug. 26, 2022
Metaverse platforms refute 'misinformation' about daily active users
Ethereum (ETH) blockchain-based Metaverse projects Decentraland (MANA) and Sandbox (SAND) have hit back at reports suggesting low daily user activity on platforms, arguing a “misinformed” metric was used to measure each of the platforms' Daily Active Users (DAU). The controversy appears to have come from data originating from DappRadar, with observers suggesting the Decentraland metaverse sees 30 Daily Active Users despite having over $1.2 billion in market cap. Decentraland ( $MANA ) has 30 Daily Active Users and a $1.2 Billion Market Cap pic.twitter.com/u4MBNsWvwk — SHAKE (@0x_shake) October 6, 2022 However, Decentraland said in an Oct. 8 tweet that “some …
Adoption / Oct. 11, 2022
Nifty News: Find love in Paris Hilton’s metaverse, BTC CryptoPunks soar and more
Swiping right in the metaverse Famous New York socialite, Paris Hilton thinks the Metaverse may be the perfect place to find one’s true love. In a Feb. 9 tweet, the celebrity and reality TV star said she will be working with The Sandbox (SAND) to bring “Parisland” to life. The idea is essentially a Virtual Reality (VR) dating experience crossed with a reality dating show and is slated for a Feb. 13 release in time for Valentine’s Day. Get ready to party on the beach, pick up cute collectibles and explore my newest tropical Parisland metaverse! I'm launching a new …
Music / Feb. 10, 2023