While Web3 seeks to reinvent itself after the bursting of the speculative bubble, The Sandbox is going through a major crisis. The French pioneer of the blockchain metaverse has just announced the layoff of more than half of its workforce and the eviction of its two co-founders. This brutal restructuring occurs in a climate of growing disinterest in 3D virtual worlds and is accompanied by a spectacular drop in the project valuation, now forced to rethink its future. L’article The Sandbox Loses Founders Amid Company Overhaul est apparu en premier sur Cointribune. While Web3 seeks to reinvent itself after the bursting of the speculative bubble, The Sandbox is going through a major crisis. The French pioneer of the blockchain metaverse has just announced the layoff of more than half of its workforce and the eviction of its two co-founders. This brutal restructuring occurs in a climate of growing disinterest in 3D virtual worlds and is accompanied by a spectacular drop in the project valuation, now forced to rethink its future. L’article The Sandbox Loses Founders Amid Company Overhaul est apparu en premier sur Cointribune.

The Sandbox Loses Founders Amid Company Overhaul

A stylized employee in The Sandbox voxel avatar style, half-human, half-pixelated, is in the glass corridor of a high-tech open space inspired by a Web3 startup’s offices. Off balance, on his knees, he tries to catch a departing box that is falling.

While Web3 seeks to reinvent itself after the bursting of the speculative bubble, The Sandbox is going through a major crisis. The French pioneer of the blockchain metaverse has just announced the layoff of more than half of its workforce and the eviction of its two co-founders. This brutal restructuring occurs in a climate of growing disinterest in 3D virtual worlds and is accompanied by a spectacular drop in the project valuation, now forced to rethink its future.

L’article The Sandbox Loses Founders Amid Company Overhaul est apparu en premier sur Cointribune.

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.002187
$0.002187$0.002187
-6.09%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.