##Saudi Arabia, The Sandbox agree to collaborate on metaverse projects

 

Binance Future Signals  - https://binancefuturessignals.com/

 Binance Future Signals - https://telegram.me/binancefuturesignal

Free Bitcoin Signals App -

 https://play.google.com/store/apps/details?id=com.signalBroadcaster.FreeBitcoinSignals

We have more than 50000 active members in our Telegram group. We make daily profit through great trading ideas and analysis. Verify all our Trade Statements and be a part of the every growing Crypto trading Signals group on Telegram in 2023

We are the Number# 1 Crypto Trading Signals Community on Telegram in 2023 providing Crypto signals for Binance Futures, Kucoin, Bybit, Bittrex, Binance, WazirX, Coinswitch, CoinDCX & many more exchanges. These signals are provided by our Experts who are in Crypto Industry for more than 5 years & all signals are given with proper take profit and proper stop loss including leverage.

 

We also provide Binance Future, Bybit, Coinswitch, CoinDCX, FTX Bot which is highly efficient and makes accurate trades. It makes trading very easy for all our Traders as it allows you set your own amount for each coin. The Bot follows the & Auto Signals and trades as per take profit and stop loss automatically. The Bot also has a special feature of making spontaneous trades, these are the trades which are made by the Bot according to the Trend of the market

The Sandbox and Saudi Arabia signed a memorandum of understanding but without revealing details explaining the scope of the agreement. 

Like the United Arab Emirates, Saudi Arabia has shown significant interest in crypto and web3.

Metaverse gaming platform The Sandbox and Saudi Arabia have come to an understanding of some sort. Details were not provided.

Sandbox co-founder and COO Sebastien Borget took to LinkedIn to announce the news. “It was a true honor to sign our [memorandum of understanding] partnership … between The Sandbox and the Saudi Arabia Digital Government Authority,” he wrote. “We look forward to exploring, advising and supporting mutually each other in activations of the Metaverse!”

Borget and Saudi Arabia’s DGA inked the memorandum while attending the Leap Tech Conference in the Saudi capital of Riyadh. Borget said by email that he could not reveal anything further regarding his company’s agreement with the Saudi Arabian government, but details would be forthcoming in the “coming weeks.”

While Sandbox has yet to achieve anything close to mass adoption, it is considered by many executives and investors to be an early leader in the development of the metaverse. The digital platform is a virtual space where users ​​can create their own mini-universe inside the game.

The company raised $93 million in a Series B round led by SoftBank's Vision Fund in 2021 and then less than six months later was said to be trying to raise an additional $400 million, for a valuation of $4 billion.

In the Middle East, both Saudi Arabia and the United Arab Emirates have, in recent years, been pursuing policies and investments related to cryptocurrency, web3 and the metaverse. The Saudi Arabian DGA “is the authority concerned with everything related to digital government,” according to a government website.