The Sandbox, a new version of DBS Bank’s metaverse experience, was presented today by Singapore’s largest bank and is anticipated to be available to the general public by the end of the year.
The financial institution stated that its “DBS BetterWorld” metaverse experience will be a gamified journey that attempts to show how virtual experiences can be utilized as a force for good.
Players are required to perform a number of tasks to reduce food waste as part of the experience, which was inspired by five businesses backed by the DBS Foundation, the bank said in a statement sent to The Block.
When The Sandbox’s Alpha Season 4 becomes accessible later this year, according to DBS Bank, it will launch the BetterWorld.
The metaverse’s goal
The bank’s most recent action comes after it purchased property in The Sandbox last year to build BetterWorld, a piece of virtual real estate in The Sandbox metaverse.
The world’s largest bank, HSBC, also purchased a block of land in The Sandbox last year with the intention of creating a virtual environment for fans of sports, esports, and gaming.
