The Sandbox, a decentralized gaming virtual platform and a subsidiary of Hong Kong-based gaming firm Animoca Brands, has on Thursday announced a partnership with Ledger Enterprise, a division of France-based crypto-asset security firm Ledger.
The Sandbox said in a statement The partnership aims to offer security integration to enterprise brand partners of the firm.
It said that the partnership will make it simpler and easier for brands to secure their LANDs while also securing the wallet containing The Sandbox NFT collection.
According to the statement, the partnership will encompass multiple initiatives, including adding The Sandbox as a dApp on Ledger Enterprise, for Ledger clients interested in owning or using LANDs from The Sandbox ecosystem.
Besides, it is integrating a widget for The Sandbox in the Ledger Live desktop application; building synergies whereby The Sandbox recommends Ledger Enterprise to its LAND owner ecosystem, and Ledger can recommend The Sandbox to Ledger Enterprise clients that are interested in the metaverse; migrating all non-fungible tokens (NFTs) in The Sandbox collection wallet to a secure Ledger Enterprise wallet for added security.
“We have a long relationship with Ledger and we’re excited to deepen our partnership to provide further security to brands entering the metaverse,
“We are making it easier for our users to access Ledger and for Ledger clients to access The Sandbox, and that will also make it easier and safer for individuals and brands to thrive in the metaverse,” said Sebastien Borget, Chief Operating Officer and Co-Founder of The Sandbox.
Alex Zinder, Head of Enterprise at Ledger, said that every brand that creates or stores digital assets is vulnerable to the increasing hacks, scams, and mismanagement seen in the broader market.
“The Sandbox works with numerous brands, and helps build trust and utility for newer users, which is why it places the utmost value on enabling its brand partners to be secure, and Ledger Enterprise is proud to provide the peace of mind that businesses and consumers deserve,” he added.
Ariel Wengroff, Vice President of Communications at Ledger, said The Sandbox was one of the first leaders in the space.
“We care about security and making the process fun, to onboard millions into securing their digital value. We are so thrilled at the results of our School of Block education game in The Sandbox and can’t wait to see this partnership grow at every level,” she added.
The Sandbox is one of the decentralized virtual worlds that has been fueling the recent growth of virtual real estate demand.
Part virtual real estate, part amusement park, The Sandbox fully embraces the idea of the metaverse as a continuous shared digital space where worlds and heroes collide to make magic.
The firm has partnered with major brands including Warner Music Group, Ubisoft, The Rabbids, Cut the Rope, Tony Hawk, Gucci Vault, The Walking Dead, Invincible, Snoop Dogg, Adidas, Deadmau5, Steve Aoki, SM Entertainment, The Smurfs, Care Bears, and Atari.
Building on existing The Sandbox IP that has more than 40 million global installs on mobile, The Sandbox metaverse offers players and creators a decentralized and intuitive platform to create immersive 3D worlds and game experiences and to safely store, trade, and monetize their creations.
Keyword: The Sandbox partners Ledger Enterprise to secure enterprises in the metaverse