The Sandbox, one of the leading decentralized gaming metaverses, today announced the acquisition of Uruguayan company Cualit. Cualit is a full-stack development technology company with gaming experience and will expand the Sandbox team's Web3 and blockchain innovation and development capabilities.
Cualit now becomes The Sandbox Uruguay, expanding The Sandbox's global team and accelerating the growth of the ambitious Metaverse ecosystem. Part amusement park, part virtual lot, The Sandbox embodies the idea of the metaverse as a continuous, shared digital space where different worlds and heroes collide to create a magical experience.
The Sandbox Uruguay
As Cualit, the team was from The Sandbox Uruguay has been instrumental in decentralizing the tech industry in Uruguay over the past decade by applying blockchain frameworks and technologies to competitive projects. It has created innovative digital experiences for leading brands, fostered digital transformation in the country and strengthened its presence as an innovative center for technology and software development.
With a powerful education system and many well-known fintech companies, Uruguay is an ideal location for the second development office of The Sandbox in South America; alongside the existing Argentinian development team responsible for the Game Client and Game Maker. To the skills of The Sandbox Uruguay To further expand, The Sandbox plans to leverage local Web3 talent to increase the size of the team from around 90 technology professionals to 150 people in Latin America in the near future.
“Web3 technology is evolving rapidly and we believe that The Sandbox Uruguay will help us onboard millions of users with his expertise in web design and user experience," said Arthur Madrid, CEO and co-founder of The Sandbox. "Uruguay is a fantastic place to invest in technology, and we're seeing a new breed of developers looking to rethink how we use and own our data through the open metaverse."
"As The Sandbox Uruguay we are positioned to build a new talent pool across Latin America that will fuel the growth of The Sandbox and the region,” said Martin and Frederico Perez, Managing Directors of The Sandbox Uruguay. "We look forward to rapidly expanding our team and taking our contribution to the Metaverse to the next level through additional investment, resources and shared learning across The Sandbox's global team."
The Sandbox Part virtual property, part amusement park, it embraces the idea of the Metaverse as a continuous, shared digital space where worlds and heroes collide and create magic. It offers a rich, open metaverse powered by fun interactive experiences, a user-generated content (UGC) ecosystem that rewards creators with 95% of their earnings, and a decentralized virtual economy.
The Sandbox is emerging as the first entertainment platform to offer a creativity-driven, user-centric, open metaverse with rich gaming and social experiences, real property and licensed content from over 200 major brands including Warner Music Group, Ubisoft, The Rabbids, Gucci Vault, The Walking Dead, Snoop Dogg , Adidas and many others combined.
The Sandbox has over 3 million registered users and recently completed the Season 2 Alpha, giving 330.000 players a chance to get their first glimpse of the entertainment metaverse.
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