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SoftBank “Stud” Metaverse

December 6, 2021
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SoftBank "Stud" Metaverse

Recently, Softbank has made frequent moves in the metaverse

South Korean yuan universe platform Zepeto announced today that it has received a US$150 million Series B investment from Japan’s SoftBank Group.

Zepeto is a social application for taking photos based on real people’s avatars. After scanning the photos, users can create their own digital avatars. Wander around in a virtual world such as haunted houses, school classrooms, or garden weddings. Voice chat.

American singer and actor Selena Gomez and popular K-pop girl group Blackpink. Even sell exclusive products on Zepeto and organize fan meetings.

Currently Zepeto platform has attracted more than 2 million daily active users. The audience is 13-24-year-old Gen Z women, the primary version of Metaverse.

This investment by SoftBank makes Zepeto, the metaverse platform, worth more than US$1 billion. It has become one of the most important unicorns in the field of meta universe. And also in early November last month. SoftBank just invested $93 million in the game platform The Sandbox. This is also the first time that Vision Fund 2 invested in a company issuing its own cryptocurrency.

Blockchain game developer Animoca Brands controls the sandbox

The Sandbox is a subsidiary of Animoca Brands. This is a virtual Metaverse. Players can build and monetize irreplaceable tokens on the blockchain.

Currently, the monthly active users of The Sandbox are growing rapidly. So the transaction volume on the platform exceeded $144 million. COO and co-founder Sebastien Borget said in an interview with Reuters: “We are creating this open metaverse. The sandbox will prove that the meta-universe exists only in large technology companies is a fallacy. Therefore, we will provide an alternative. The customer’s choice comes first,” go back. SoftBank entered the NFT with a high profile.

October 21 this year. Candy Digital, a start-up company in the NFT field, announced that it has received financing led by Insight Partners and SoftBank Vision Fund Phase 2. The platform is operated by sporting goods retailer Fanatics. The official NFT ecosystem of Major League Baseball (MLB) is currently under construction. This ecosystem will enable sports fans and collectors to purchase. Trade and share officially authorized digital tokens.

European football NFT platform orare announced in October

The platform received USD 680 million led by SoftBank Vision II.This may be the largest B round of financing in Europe.

Currently, 180 teams including Real Madrid, Liverpool, Juventus and Bayern Munich have registered on the platform. And last month won the Spanish Football League “LaLiga” cooperation rights. It is reported that the valuation of the platform has reached 4.3 billion US dollars. In this regard, Yat Siu, co-founder of blockchain game company Animoca Brands. It means that there is a greater correlation between NFT and metaverse.

For half a year, SoftBank has been betting on the company of Metaverse. But this piece of cake in the meta universe is too big. The global giants are all laying out. Softbank’s path to the universe has just begun…

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