Forbes continues to explore the virtual real estate and web3 sectors to create a dynamic community platform for all users. The media giant has cemented its position in the metaverse world by purchasing a permanent land in the Sandbox digital universe.

The strategic venture underscores Forbes’ profound involvement in the web3 industry and trust in how the virtual universe can transform digital interactions. Moreover, it showcases the increasing trend of leading firms exploring the metaverse to bolster modernization and user engagement.

Forbes venture into Sandbox

Forbes revealed plans to build a community hub on the Sandbox to enhance how users interact in the web3 industry. According to the media company,

“This virtual estate will serve as a dynamic community hub, designed to foster interaction, engagement, and collaboration among the Forbes web3 community.”

Forbes virtual estate will connect leaders, thinkers, and innovators. Further, it includes attractive features such as a dedicated gallery showing “the 2024 Under 30 recipients,” an elegant bar, and a luxurious pool.

Moreover, the Forbes digital estate will improve user engagement through interactive experiences such as QR code integration for participants to enjoy exclusive insights, content, and experiences designed to enhance user appreciation and understanding of the growing virtual world.

Forbes’ recent move reflects the ongoing trends of companies venturing into the metaverse for business expansion. The media company plans to enhance metaverse engagement by building an immersive and informative destination for enthusiasts.

SAND price outlook

The altcoin continued its upside price actions following the updates. Sandbox’s coin jumped 2% on its daily chart to extend its seven-day returns to 8%.

(Click on image to enlarge)

SAND 7D Chart on Coinmarketcap

Also, Sandbox’s 24-hour volume jumped 45% to $152,783,709, underscoring magnified trading activity. Broad market actions remain vital in shaping the token’s near-term outlook, whereas trust by leading firms such as Forbes positioned SAND for solid longer-term growth.

More By This Author: