Index Game Secures $1.7 Million Investment from The Sandbox to Boost Metaverse Experiences
Earlier this week, Hong Kong-based metaverse agency Index Game received a $1.7 million investment from The Sandbox to build bigger and better metaverse experiences.
The Sandbox is investing up to $1.7 million in metaverse agency Index Game
On Monday, Hong Kong-based metaverse startup Index Game secured $1.7 million in funding from The Sandbox to build bigger, better metaverse experiences with play-to-earn content in virtual realms.
To those who don't know, Index Game is the first Hong Kong-based metaverse agency appointed by The Sandbox to build on its platform. The recent move also makes it the first company in Hong Kong to receive funding from the metaverse giant.
Based on the agreement, though, The Sandbox will invest more into Index Game over time. By 2023, the investment amount will go up to $6 million. With that, it will also provide Index Game with an exclusive arrangement for IPs created during the collaboration.
About Index Game
Led by Becky Wong and Joe Lau, Index Game only took one year to grow from a small-sized indie studio to a full-fledged metaverse agency under the incubation of The Sandbox. The startup has more than 30 staff working hard to bring multiple brands and IPs into the digital metaverse.
Make no mistake, Index Game is not your ordinary Web3 game studio. The agency has teamed up with more than 15 prominent Hong Kong brands and IPs to build virtual experiences in The Sandbox. Adrian Cheng, Sun Hung Kai & CO, Ocean Park, Hang Seng Bank, and Fine Art Asia are some of its clients, to name a few.
The firm has also created four big maps in The Sandbox, namely South China Morning Post (SCMP)'s virtual Hong Kong Star Ferry Pier, "Kowloon Walled City: the City of Darkness", "Hanjin Music Palooza: The Monstrous Multicolor Guitar", and Hang Seng Bank's "GO!GingerOnion 5**College".
With such an impressive portfolio, we can't wait to see what exciting experiences the agency will bring to the space, especially to The Sandbox Alpha Season 3, which starts today.