22 February 2024
MUMBAI, November 24, 2023: - CoinDCX, India's leading and most valued VDA company, announced its strategic collaboration with The Sandbox, a top-tier blockchain gaming platform under Animoca Brands. This partnership takes center stage in BharatBox, an innovative cultural metaverse hub in The Sandbox spotlighting elite artists and brands from India.
Unveiled at Unfold 2023, India’s premier web3 event,the partnership was announced through an engaging video, showcasing CoinDCX entering the BharatBox in voxel form. Following this, it was determined that the VDA platform is set to become an Ecosystem Partner for BharatBox, leveraging CoinDCX's extensive 20 million+ user base to encourage the metaverse engagement.
Commitment to Community
Central to this partnership is the commitment to education and community enlightenment with three foundational pillars of direct metaverse engagement, educational empowerment, and creative exploration.
The collaboration will feature user-centric educational materials, interactive AMAs, and joint efforts in establishing a comprehensive knowledge base about the metaverse and web3 technologies. As the partnership evolves, the focus will shift towards fostering creativity, with the development of metaverse projects tailored for the Indian demographic, and offering engaging quests in BharatBox.
● Game Nights: CoinDCX and BharatBox will host exclusive game nights, offering a direct experience of the metaverse to the community.
● Education & Media Series: CoinDCX and BharatBox will co-host AMAs, and co-create knowledge repositories.
This phase includes:
○ An Ambassador Program to promote the metaverse.
○ Engaging giveaways and contests.
○ Community-building activities across platforms like Discord and Twitter.
● Creative Metaverse Projects: CoinDCX and BharatBox will develop unique metaverse projects and IPs tailored for the Indian audience.
● Buildathons: Following community awareness from phase 1, buildathons will be organized for creators to develop on the Sandbox platform.
● The Sandbox Ecosystem Quests: Introducing quests to attract users to the Indian neighborhood in the metaverse.
● Bounty Programs: Implementing grants and bounties for BharatBox related activities.
● SDK Integration: Development of an SDK for both The Sandbox and Bharatbox, compatible with Android and iOS apps.
Sumit Gupta, Cofounder, CoinDCX, said, “Community has consistently stood as a cornerstone of our values, and our commitment remains steadfast in actively engaging and co-creating experiences that align with the ever-evolving needs and aspirations of our community. We take pride in the fact that this collaboration with BharatBox will further deepen our connections within the metaverse.”
Karan Keswani, CEO of BharatBox, remarks, "CoinDCX vision resonates with our ambition for BharatBox. We are jointly poised on the cusp of redefining India's digital horizons, driven by the boundless promise of the metaverse and Web3. This isn't just about carving a digital niche; it's about sculpting a lasting digital legacy."
Established in 2018, CoinDCX is the preferred crypto exchange in India, but also an instrumental player in building the broader Web3 ecosystem. Trusted by over 1.4 crore registered users. Our mission is simple: to provide easy access to Web3 experiences and democratize investments in virtual digital assets.
We prioritize user safety and security, strictly adhering to KYC and AML guidelines. In our commitment to quality, we employ a stringent 7M Framework for the listing of crypto projects, ensuring users access only the safest virtual digital assets.
CoinDCX has partnered with Okto for India to launch a secure multi-chain DeFi app that offers a keyless, self-custody wallet . It aims to simplify the world of decentralized finance (DeFi) by providing a secure, user-friendly, and innovative solution for managing virtual digital assets.
Through CoinDCX Ventures, we've invested in over 15 innovative Web3 projects, reinforcing our dedication to the Web3 ecosystem. Our flagship educational initiative, #NamasteWeb3, empowers Indians with web3 knowledge, preparing them for the future of virtual digital assets.
CoinDCX's vision and potential have gained the confidence of global investors, including Pantera, Steadview Capital, Kingsway, Polychain Capital, B Capital Group, Bain Capital Ventures, Cadenza, Draper Dragon, Republic, Kindred, and Coinbase Ventures.
At CoinDCX, we're leading India towards the decentralized future of Web3 with an unwavering commitment to safety, simplicity, and education.
About The Sandbox
The Sandbox, a subsidiary of Animoca Brands, is one of the decentralized virtual worlds that has been fueling the recent growth of virtual real estate demand, having partnered with major brands including Warner Music Group, Ubisoft, The Rabbids, Cut the Rope, Gucci Vault, The Walking Dead, Invincible, Snoop Dogg, Adidas, Deadmau5, Steve Aoki, SM Entertainment, The Smurfs, Care Bears, and Atari. Building on the existing The Sandbox IP that has more than 40 million global installs on mobile. The Sandbox metaverse offers players and creators a decentralized and intuitive platform to create immersive 3D worlds and game experiences and to safely store, trade, and monetize their creations. For more information, please visit www.sandbox.game and follow the regular updates on Twitter, Medium, and Discord.
About Bharat Box
BharatBox, is a JV company between Brinc and Sandbox set up to create a new cultural hub featuring key partners from India's entertainment, art, and sports sectors, including Bollywood. The new entrants have joined The Sandbox's virtual real estate by acquiring LAND NFTs in the open metaverse and have committed to building experiences in Bharatbox. Multiple high-profile brands and artists will come together to create an area in The Sandbox dedicated to celebrating Indian art, culture, entertainment, and sports, and engage with fans in new and immersive experiences. BharatBox will create the experiences and also provide IPs and brands via its extensive partner network in India, as well as building the games alongside Web3 developers. Stay informed about our latest developments by joining our community on Telegram. Follow us on Twitter and Instagram and join us on this exciting journey towards creating the most immersive blockchain experience!