X @Xeer

Metaverse Platform Status - The Sandbox reportedly laid off over 50% of its staff and closed 5 offices [1] - The industry expresses shock at The Sandbox's situation, questioning its continued existence [1] - OthersideMeta from Yuga Labs is potentially the last major player in the metaverse space [1] Web3 Brand Adoption - The Sandbox onboarded major Web2 brands, including DBS Bank, Warner Music, G-Shock, Cirque du Soleil, and Gordon Ramsay's Hell's Kitchen [1] - The Sandbox was one of the few Web3 platforms trusted by Web2 brands [1] Industry Impact - The Sandbox's struggles are considered a loss for the metaverse space [1]