DBS partners withSandbox to launch ‘DBS BetterWorld: DBS Bank in partnership with Sandbox will create the ‘DBS BetterWorld’ in the metaverse world to showcase the importance of building a better and more sustainable world.
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It will be known as DBS BetterWorld and will be open to everyone, including DBS subscribers, without charge. The Sandbox, a decentralized virtual game environment built on Ethereum, and Singapore’s largest bank are collaborating on this project.
Metaverse is a virtual 3D animated world where users can navigate and interact using avatars, and NFTs, among others. In India, at the present, only Union Bank of India (UBI) has a presence in the metaverse world. Sandbox is a subsidiary of Animoca and it is in the business of development of metaverse.