The Sandbox, Animoca Brands decentralized gaming metaverse and the subsidiary has commented US$50M to Brinc (Global venture accelerator) for The Sandbox Metaverse Accelerator Progam (Yes that spells SMAP as an acronym).
The program will target 100 startups aimed at enhancing the open metaverse.
Application for the first cohort is now open with a Q2 2022 release. The SMAP a dedicated track within Launchpad Luna, an accelerator launched in mid-2021 as a partnership between Brinc and Animoca Brands.
The Sandbox Metaverse Accelerator Program will invest in 30 to 40 blockchain startups per year over a 3 year period, helping them to develop the open metaverse.
The program will invest in, mentor, educate, and support the development of promising startups and projects while also providing access to potential partnerships and business development opportunities across the growing networks of The Sandbox, Animoca Brands, and Brinc.
The core directive of The Sandbox Metaverse Accelerator Program is to support the launch of new startups that can contribute to the growth and expansion of The Sandbox ecosystem by building unique experiences and populating the platform with fresh creativity and new content. Pioneering blockchain startups in the fields of art, collectables, culture, entertainment, gaming, media, content, and streaming, are encouraged to apply. Accelerated startups will be empowered to contribute to The Sandbox’s rapidly growing ecosystem and actively engage with its existing and growing user base. Online applications are now open at: brinc.io/metaverse.
The program invests up to US$250,000 in each startup with top performers receiving SAND and LAND grants, along with follow-on investment.
Accepted startups to the SMAP will have access to and support from high-profile mentors such as Cathy Hackl (Futures Intelligence Group), Holly Atkinson (The Sandbox), Holly Liu (Kabam), Janine Yorio (Republic Realm), Leah Callon-Butler (Emfarsis), Manav Gupta (Brinc), Sebastien Borget (The Sandbox), Serena Tabacchi (Museum of Contemporary Digital Art), Susan Cummings (Petaverse), Yam Karkai (World of Women), Yat Siu (Animoca Brands), Yingzi Yuan (Metaverse Summit); plus others.
Web 3.0 leaders from Altitude Games, Binance, Dragonfly Capital, Republic Crypto, and True Global Ventures will also provide mentorship.
The Sandbox metaverse aims to revolutionise how people interact in their day-to-day lives, including how users interact socially, shop, or consume entertainment. Recent partnerships with The Sandbox include Snoop Dogg, who owns virtual land in the metaverse and will give users VIP access to concerts, events and dedicated digital items; Atari, the pioneer of arcade games that has seen recent success as a global gaming brand with RollerCoaster Tycoon, who will introduce IPs from its portfolio to the Sandbox metaverse; and Skybound Entertainment, who brought The Walking Dead game experience to the virtual world.
Brinc continues to invest and support startups in the open metaverse, which represents the new digital frontier. Key areas of focus include entertainment, education, and inclusivity through a more equitable digital economy. The new program will support startups by integrating sustainability, inclusion, and equitability into their business models.
To Learn More, Visit The Brinc blog.