The Sandbox Welcomes FaZe Clan

FaZe Holdings Inc (NASDAQ: FAZE) is partnering with Web3 firm The Sandbox to enter the metaverse.

Animoca Brands' decentralized metaverse The Sandbox has partnered with FaZe Clan.

FaZe Clan will enter the metaverse by establishing FaZe World. FaZe and Sandbox will explore new revenue streams and conduct events in FaZe World.

This alliance includes:

FaZe Clan will develop a 12-by-12-foot virtual area in Sandbox.

"Part virtual real estate, part amusement park," say the companies. To support this approach, they'll create digital infrastructure.

FaZe World will host virtual events, games, and digital items. They'll also discover ways for FaZe Clan to make money through a metaverse cooperation.

People can buy FaZe World plots to own virtual land next to FaZe Clan.

The Sandbox will have a LAND sale later this year. 2023 will provide FaZe World's completely immersive experiences.

Result: FaZe Clan partnered with Animoca Brands' metaverse-based The Sandbox. FaZe Clan will sell land surrounding their 12x12 "FaZe World" plot in The Sandbox.

The Sandbox and FaZe Clan will create metaverse experiences together. Virtual events, games, and digital product releases are examples. 2023 is the deadline.

The new virtual world might lead to a "game-ified FaZe World," the business suggested.

"In FaZe World's Sandbox LANDs, the public can acquire digital real estate. FaZe Clan fans may live next door to one of the world's largest gaming and media firms."

The Sandbox works with Ubisoft, Warner Music Group, Gucci, Snoop Dogg, Adidas (ETR:ADSGN), Steve Aoki, Care Bears, Atari, and The Smurfs.

What to Know About FaZe Clan Stock

Importance: FaZe Holdings claimed the new cooperation might boost profits.

With FaZe World and The Sandbox, digital natives can enjoy FaZe Clan more immersively, stated CEO Lee Trink.

Sandbox is a metaverse and virtual world leader with its own token (CRYPTO: SAND). Over 40 million people use the company's mobile platform.

The Sandbox and creators previously developed Snoop Dogg NFTs.

FaZe went public through a SPAC merger and declared it would profit from its followers. The startup inked arrangements with MoonPay, other cryptocurrency companies, and McDonald's Inc. (NYSE: MCD).

FaZe Holdings shares have risen 6.73% to $14.44.