Silicon Valley-based public blockchain platform provider ThunderCore has announced a new partnership with game developer Animoca Brands and its subsidiary Pixowl, according to a press release shared with Coin Rivet.
ThunderCore is an Ethereum-compatible public blockchain platform, and the new partnership should help accelerate Pixowl’s forthcoming decentralised blockchain gaming platform ‘The Sandbox’.
The Sandbox is a Proof-of-Stake (PoS) project and offers full-node, open source capabilities for transparency and security. Its staking pool service allows token holders to earn rewards and support cross-chain assets.
ThunderCore has reportedly raised $50 million from investors in the US and Asia, including Pantera, Huobi Capital, MetaStable, ZhenFund, Electric Capital, Arrington XRP Capital, FBG, Hashed, Kinetic, and SV Angel.
ThunderCore will be investing in The Sandbox to accelerate the growth of Animoca Brands’ user-generated content (UGC) gaming platform which will empower creators through digital ownership and monetisation of 3D voxel creations made and shared by users.
ThunderCore will also assist Animoca Brands to help bring mass adoption to blockchain technology, leveraging ThunderCore’s integrated user acquisition capabilities that particularly benefit game developers when it comes to deploying and scaling their decentralised applications (dApps).
The firm will also contribute to Animoca Brands’ vision to offer a gaming metaverse where virtual worlds and games will be created collaboratively without a central authority.
Since in-game items are tokenised as non-fungible tokens (NFTs), players of The Sandbox will be able to transfer in-game items across games, retaining the digital scarcity, security, and authenticity of those assets. These tokens will be tradeable in a free and open decentralised marketplace for voxel creators and world builders.
The Sandbox is set to launch its marketplace in Q3 2019, with a full launch expected in Q4.
Interested in reading more about Animoca Brands? Discover more about Animoca Brands’ partnership with Formula 1 to create a blockchain-based game called ‘F1 Delta Time’.