The Sandbox, a prominent decentralized gaming virtual world and a subsidiary of Animoca Brands, announced today that it has acquired Cualit, an Uruguayan full-stack development technology business with gaming experience, to strengthen its Web3 and blockchain research and development capabilities.
The Sandbox has worked closely with Cualit for over a year. It will collaborate with Martin and Frederico Perez, the two brothers who co-founded the firm, to greatly increase the team’s development through increased resources and infrastructure.
Cualit will become The Sandbox Uruguay, adding to The Sandbox’s worldwide staff and speeding the expansion of its ambitious metaverse ecosystem. Over the last ten years, Cualit has been essential in decentralizing the Uruguayan IT industry by using blockchain frameworks and technology for competitive projects.
It has created cutting-edge digital experiences for top businesses, enabling digital transformation in the country and consolidating its position as a technology and software development hotspot. The team will focus their efforts as The Sandbox Uruguay on boosting The Sandbox’s development.
Uruguay is a suitable site for The Sandbox’s second development office in South America, joining the current Argentina development team that is responsible for the Game Client and Game Maker. Uruguay has a strong educational system and numerous famous Fintech firms.
To expand The Sandbox Uruguay’s capabilities, the company hopes to use local Web3 expertise to grow the team to about 90 technical specialists in the coming days, bringing the total number of workers in Latin America to 150.
According to Arthur Madrid, CEO and co-founder of The Sandbox, web3 technology is fast expanding, and he believes The Sandbox Uruguay will assist in onboarding millions of people through their experience in web design and user flow.
He went on to say that Uruguay is an excellent environment to invest in technology, and that they are seeing a new generation of developers that want to rethink how they use and own their data through the open metaverse.
The Sandbox metaverse provides gamers and producers with a decentralized and user-friendly platform for creating rich 3D environments and game experiences, as well as safely storing, trading, and monetizing their work.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Jai Hamid
CoinCu News
Nov 18th, Panama - Gate.io, a global leader in digital asset trading, has officially unveiled…
The Bitdeer convertible notes offer a 42.5% conversion premium, allowing conversion into cash with the…
Grand Cayman, Cayman Islands, 22nd November 2024, Chainwire
Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…
As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…
With the crypto market reaching new peaks, many are eager to discover digital currencies poised…
This website uses cookies.