Gaming

Accounting Firm PWC’s Hong Kong Branch Purchases Land in The Sandbox Metaverse

This post was initially printed on News.Bitcoin

On Thursday, Pricewaterhouse Coopers’ (PWC) Hong Kong unit introduced that it bought a land web site in The Sandbox metaverse. The PWC Hong Kong department would be the first internationally acknowledged skilled companies model to enter The Sandbox metaverse.

PWC Hong Kong Enters the Metaverse

Table of Contents

Whereas land situated subsequent to Snoop Dogg’s Sandbox plot has sold for lots of money and different companies like Atari have bought Sandbox property, now main accounting agency PWC’s Hong Kong department has additionally bought metaverse land in The Sandbox digital world.

PWC is a multinational skilled companies community of companies situated in 156 international locations. The corporate is also known as one of many Huge 4 accounting companies alongside EY, KPMG, and Deloitte. PWC’s Hong Kong department has been into blockchain expertise and crypto property for fairly a while and in November 2017, the workplace revealed it accepted bitcoin funds for consultancy companies.

The announcement on December 23 says that the land in The Sandbox was particularly acquired by PWC Hong Kong. William Gee, a accomplice at PWC Hong Kong, commented in regards to the land buy and the metaverse usually on Thursday.

“The metaverse affords new prospects for organisations to create worth by means of modern enterprise fashions, in addition to introducing new methods to have interaction with their clients and communities,” Gee remarked. The PWC Hong Kong govt added:

We’ll leverage our experience to advise shoppers who want to embrace the metaverse on the total vary of challenges offered by this rising world digital phenomenon.

‘The Metaverse Is Open for Enterprise’ — The Sandbox Staff Believes PWC Can Assist ‘Manufacturers That Could Be Much less Acquainted With Web3’

The Sandbox digital blockchain recreation, that options land and different sorts of non-fungible token (NFT) property, has been standard over the past yr. The Sandbox’s native digital asset SAND is up 11% over the past 30 days and 11,714% over the course of the final yr. The blockchain-based metaverse recreation additionally secured an investment of $93 million in the course of the first week of November in a financing spherical led by Softbank’s Imaginative and prescient Fund 2.

Don\'t Miss THIS ONE !  Ubisoft Play-to-Earn Blockchain Games Incoming

Relating to the PWC land acquisition, The Sandbox says “skilled companies companies corresponding to PWC Hong Kong can play a precious position within the development of the open metaverse.” Particularly, the announcement explains that PWC will help “manufacturers that could be much less aware of Web3.” Sebastien Borget, COO of The Sandbox believes the Huge 4 accounting agency is on the forefront of this innovation.

“The metaverse is open for enterprise,” Borget elaborated in a press release regarding PWC Hong Kong’s land acquisition within the metaverse. “We welcome PWC Hong Kong to expertise how The Sandbox fosters new immersive experiences and methods for manufacturers to attach with clients. It’s an thrilling time – and PWC is on the forefront of this rising frontier.”

Tags on this story
Atari, Big Four, Big Four accounting firm, Blockchain, Land, Land Purchase, Metaverse, Native Token, nft, NFTs, Non-fungible Token, Non-fungible token (NFT), Pricewaterhouse Coopers, PwC, PWC accounting, PWC consulting, PwC Hong Kong, SAND, Sébastien Borget, Snoop Dogg, Softbank’s Vision Fund 2, The Sandbox, The Sandbox metaverse, The Sandbox virtual world, William Gee

What do you consider the accounting agency PWC Hong Kong buying land in The Sandbox metaverse? Tell us what you consider this topic within the feedback part under.

Jamie Redman

Jamie Redman is the Information Lead at Bitcoin.com Information and a monetary tech journalist dwelling in Florida. Redman has been an lively member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized purposes. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com Information in regards to the disruptive protocols rising as we speak.




Don\'t Miss THIS ONE !  New year SAND airdrop for LAND owners

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct provide or solicitation of a suggestion to purchase or promote, or a advice or endorsement of any merchandise, companies, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, instantly or not directly, for any harm or loss induced or alleged to be brought on by or in reference to using or reliance on any content material, items or companies talked about on this article.

Assist Us through our Sponsors



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button