The Sandbox Partners with Harmony to Facilitate the Growth of Blockchain Gaming Industry
As Sandbox is steadily gaining traction in the crypto space, it opens up its doors to numerous fruitful partnerships. Having joined forces with a number of amazing projects earlier this year, Sandbox’s team is thrilled to welcome yet another partner, Harmony.
Sandbox Joins Forces With Harmony Protocol
This strategic partnership comes as one of the series of recent collaborations in the crypto space for Sandbox. Some other fresh notable alliances include Care Bears, Network Arkane, Cointelegraph, Kyber Network, Lootex, and Community Gaming.
The partnership promises to yield great results, as both parties have a lot to bring to the table. With Sandbox’s key vision to offer an immersive metaverse, where players can create virtual worlds and games collaboratively and without a central authority, the collaboration with Harmony is strategic.
An integration with Harmony’s protocol will help to facilitate the process of purchasing, storing, and selling the NFTs within and outside of the Sandbox ecosystem. Harmony is looking to become one of the first Proof-of-Stake layer 1 Blockchains that will allow for high-speed trading of the non-fungible tokens inside its ecosystem. In addition to that, the Harmony team plans to facilitate the adoption and development of the Blockchain gaming industry by supporting the Ethereum tokens such as ERC-721 and ERC-1155 on its platform.
NFTs play an important role within the two platforms — for Sandbox, NFTs are one of the key elements in the ecosystem, which allow for the monetization of the gaming experience. As for the Harmony, in the official announcement, Stephen Tse, Harmony CEO and Founder, has stated:
“NFTs are important to Harmony’s roadmap because we believe that user-generated, community-driven gaming experiences is one area that will drive large-scale adoption of blockchain. The Sandbox is Harmony’s first project because Sandbox is a leader in the blockchain gaming industry with a strong product and community.”
What is Harmony?
Harmony is an open and fast blockchain for decentralized applications that are built to handle DeFi and cross-border finance. The protocol can reportedly manage thousands of nodes in multiple shards, producing blocks in just a few seconds.
The staking mechanism of Harmony blockchain decreases centralization and at the same time facilitates stake delegation, double-sign slashing, and reward compounding.
Join our community
- Twitter: https://twitter.com/TheSandboxGame
- Facebook: https://www.facebook.com/TheSandboxGame/
- Discord: https://discordapp.com/invite/vAe4zvY
- Telegram: https://t.me/sandboxgame
- All channels: https://linktr.ee/sandbox
