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On Thursday, the Hong Kong branch of PricewaterhouseCoopers (PWC) announced that it had purchased a piece of land in The Sandbox metaverse. PwC Hong Kong branch will become the first internationally renowned professional service brand to enter The Sandbox metaverse.

PricewaterhouseCoopers Hong Kong enters the Metaverse

Although the land next to the Sandbox plot in Snoop Dogg has Sold a lot of money And other companies such as Atari bought the Sandbox property, and now the Hong Kong branch of the major accounting firm PWC has also bought the metaverse land of The Sandbox virtual world.

PWC is a multinational professional services network composed of companies in 156 countries. The company is often referred to as one of the Big Four accounting firms along with Ernst & Young, KPMG and Deloitte.PwC Hong Kong branch has been involved in blockchain technology and encrypted assets for some time. In November 2017, the office disclose It accepts consulting services for Bitcoin payments.

The announcement on December 23 stated that the land of The Sandbox was exclusively acquired by PricewaterhouseCoopers Hong Kong. William Gee, a partner at PricewaterhouseCoopers in Hong Kong, commented on the land purchase and Metaverse on Thursday.

“Metaverse provides organizations with new possibilities to create value through innovative business models and introduces new ways to interact with customers and communities,” commented Gee. PwC Hong Kong executives added:

We will use our expertise to advise clients who want to embrace Metaverse on the full range of challenges posed by this emerging global digital phenomenon.

“Metaverse starts business”-the sandbox team believes that PWC can help “may not be familiar with the Web3 brand”

The sandbox virtual blockchain game features land and other types of non-fungible token (NFT) assets, and was very popular last year.Sandbox’s native digital assets sand It has risen by 11% in the past 30 days, and it has risen by 11,714% for the entire year.Blockchain-based metaverse games are also Get investment In a round of financing led by SoftBank Vision Fund 2, US$93 million in funding was obtained in the first week of November.

Regarding PWC’s land acquisition, The Sandbox stated that “professional service companies like PWC Hong Kong can play a valuable role in the development of an open meta-world.” Specifically, the announcement explains that PWC can help “may be less familiar with Web3 s brand”. Sebastien Borget, COO of The Sandbox, believes that the Big Four accounting firms are at the forefront of this innovation.

“Metaverse starts business,” Borget elaborated in a statement regarding PWC Hong Kong’s land acquisition in Metaverse. “We welcome PwC Hong Kong to experience how The Sandbox cultivates new immersive experiences and the way brands connect with customers. This is an exciting time-PwC is at the forefront of this emerging frontier.”

Tags in this story

Atari, Big Four, Big Four accounting firms, Blockchain, land, Land purchase, Metaverse, Native token, nft, NFT, Irreplaceable tokens, Non-fungible tokens (NFT), PricewaterhouseCoopers, PricewaterhouseCoopers, PwC Accounting, PricewaterhouseCoopers Consulting, PwC Hong Kong, sand, Sebastian Bogut, Snoop Dogg, SoftBank Vision Fund 2, Sandbox, Sandbox metafest, Sandbox virtual world, William Gee

What do you think of the accounting firm PWC Hong Kong acquiring land in The Sandbox metaverse? Please tell us your thoughts on this topic in the comments section below.

Jamie Redman

Jamie Redman is the head of news at Bitcoin.com News and a fintech reporter living in Florida. Since 2011, Redman has been an active member of the cryptocurrency community. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about destructive protocols emerging today.




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