Forbes bought land in the Sandbox Metaverse: SAND Pirce Impact

Forbes recently announced that it has made its way into The Sandbox metaverse. It marks a significant move into Web3 and digital real estate for the media giant.

By finding a virtual land in the sandbox, Forbes aims to live permanently in this vast online world. This reflects a growing trend among companies exploring Metavas' potential for community engagement and innovation.

Known for its interactive and user-generated content, Sandbox provides the platform on which Forbes plans to create a community hub. This space facilitates interaction, interaction and collaboration among participants. Indeed, it brings together thinkers, leaders and innovators to extend beyond traditional media engagement methods.

The virtual estate envisioned by Forbes is set to include several features. These include a luxurious pool, a stylish bar and a gallery featuring the 2024 Under 30 recipients. Thus, these elements highlight the company's efforts to create an engaging and visually appealing user environment within Metaverse.

“Our move to Sandbox Metaverse is a testament to Forbes' commitment to being at the forefront of technology innovation. By establishing a permanent presence in this digital realm, we are opening up previously unimaginable ways for our community to connect, learn and grow together,” said Taha Ahmed, chief development officer at Forbes.

Read more: Top 8 Companies to Build in the Metaverse by 2024

Forbes' approach also includes the use of interactive experiences, such as an adventure hunt, with QR codes scattered across the virtual estate, directing participants to unique content and insights.

This entry into the sandbox by Forbes reflects a broader trend among businesses using MetaVas as a new form of digital engagement and brand extension. It's worth noting that following the announcement, Sandbox's native token, SAND, experienced a 3% price increase, rising from $0.51 to $0.53.