Business News Report
February 28, 2023

Hong Kong-based The Sandbox Acquires Sviper to Expand its Metaverse Vision to Germany

In Brief

The Sandbox has been expanding globally and recently acquired Sviper, a German game development studio, to enhance its development, engineering, and creative capabilities.

The acquisition will also allow The Sandbox to empower creators to build more engaging and fun experiences with social features, multiplayer gameplay options, and new Game Maker possibilities.

sviper

Decentralized metaverse The Sandbox has acquired the German game development studio Sviper GmbH. The acquisition of Sviper provides additional development, engineering, and creative talent to the global The Sandbox team, which could potentially lead to more unique, engaging, and enjoyable gaming experiences.

The Sviper team, led by CEO Ole Schaper and CPO Mark Buchholz, boasts over 25 years of combined experience in mobile, PC, and multiplayer gaming, having worked with several renowned brands. After collaborating with The Sandbox for over a year, Sviper has seamlessly integrated into the platform’s ecosystem. The 40-member team in Hamburg’s gaming tech hub is now actively hiring new talents for The Sandbox in Germany.

Founded in 2016 by game industry veterans and supported by Rocket Internet, Sviper is a full-stack free-to-play expert focused on the mobile market. Sviper’s previous collaborations with well-known brands in the gaming industry suggest it has the necessary experience to contribute to The Sandbox’s continued success.

Sebastien Borget, COO and co-founder of The Sandbox, praised the Hamburg team for their creative input in advancing gameplay options for The Sandbox creators and internal teams. The team’s efforts include introducing social features, designing game logic rules, and implementing multiplayer capabilities to unlock the metaverse’s creative potential.

“The Sandbox is a visionary enterprise with countless fascinating aspects beyond traditional game development. The ability to create innovative, social user-generated gaming experiences, the growing social platform and the revolutionary aspects of Web3 are just some of the key features,”

said Mark Buchholz, CPO and Co-Founder of Sviper. 

Through deals and agreements, The Sandbox expanded to multiple countries, including the United States, China, Korea, and Japan. The acquisition of Sviper adds to The Sandbox’s presence in Europe, particularly in Germany.

Read more:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

More articles
Agne Cimerman
Agne Cimerman

Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Malta Embraces Crypto Future As Gate.MT CEO Highlights Next Wave Of Blockchain Evolution
News Report Technology
Malta Embraces Crypto Future As Gate.MT CEO Highlights Next Wave Of Blockchain Evolution
November 1, 2024
Binance Blockchain Week 2024 Ignites Dubai with Bold Visions for Web3, AI, and the Future of Crypto Innovation
Opinion Business Lifestyle Markets Technology
Binance Blockchain Week 2024 Ignites Dubai with Bold Visions for Web3, AI, and the Future of Crypto Innovation
November 1, 2024
Hedera Introduces Bonzo Finance Liquidity Layer To Catalyze DeFi Growth On Its Network
News Report Technology
Hedera Introduces Bonzo Finance Liquidity Layer To Catalyze DeFi Growth On Its Network
November 1, 2024
This Week in Crypto: Tokenized Treasuries, Cross-Chain Partnerships, and Bitcoin-Based DeFi Take Center Stage
Digest Business Markets Software Technology
This Week in Crypto: Tokenized Treasuries, Cross-Chain Partnerships, and Bitcoin-Based DeFi Take Center Stage
November 1, 2024