Com2uS Invests in 'The Sandbox' and 'Upland'... Expanding NFT Investment Scope

[Asia Economy Reporter Kang Nahum] Com2uS announced on the 3rd that it has participated as a Series B and Series A round investor in the blockchain-based metaverse platform company ‘The Sandbox’ and the virtual real estate metaverse company ‘Upland,’ respectively.

The Sandbox is a global company that provides the metaverse platform 'The Sandbox,' created based on blockchain and non-fungible token (NFT) technology. Since its service launch, it has gained popularity worldwide, and the cumulative transaction volume within the platform has exceeded $144 million (approximately 168.6 billion KRW).

It has established intellectual property (IP) partnerships with more than 165 famous global brands such as 'Snoop Dogg,' ‘The Walking Dead,’ ‘The Smurfs,’ ‘Atari,’ and ‘CryptoKitties,’ enabling users to engage in economic activities similar to the real world through the virtual currency SAND within the platform, delivering a highly sophisticated metaverse service.

Upland is a representative mirror-world type metaverse game where users can purchase or trade buildings and transportation facilities based on real maps in virtual reality. It features a realistic real estate economic system, allowing users to reinvest by receiving rent and transportation fees from owned properties or increase value through NFTs.

Considering that currently only some cities in the United States are open for transactions, higher growth is expected in the future with map expansions to various cities in the U.S. and worldwide.

Com2uS is advancing its business toward the digital virtual reality industry. Recently, it has expanded its investment scope into the NFT sector utilizing blockchain technology, including companies like 'Animoca Brands' and ‘Candy Digital,’ focusing on research and investment in the metaverse business.

A Com2uS official stated, "Through close cooperation with promising companies that have already secured leading positions in the market, we plan to create Com2uS’s unique metanomics ecosystem in the global content industry, which is rapidly being reorganized based on blockchain and metaverse."

This content was produced with the assistance of AI translation services.