One of the major metaverses that currently exist – The Sandbox, has partnered with the World of Women, a female-led NFT project to further drive inclusivity by launching the WoW Foundation. The foundation includes a $25 million grant by The Sandbox over 5 years. The mission is to “amplify the representation of women in decentralized web spaces.”
According to a blog post by The Sandbox, the WoW Foundation will focus on four objectives: “uplifting the ecosystem by supporting artists and funding projects, educating newcomers, communicating to give more visibility to women-centric causes, while inspiring others, and giving back to charities.”
In addition to the WoW fund, the two companies shared other upcoming projects in The Sandbox virtual world:
- World of Women 3D interoperable Avatars; 10,000 of them. The Sandbox bought the most expensive WoW NFT known as ‘Aurora’ and introduced her as the ‘Goddess’ of the virtual world.
- The WoW Museum on the 2×2 Sandbox land will showcase the WoW foundation collection.
- The WoW University will offer free courses on Web 3.0 proficiency. After completing the course, students receive diplomas as NFTs.
- The WoW Academy to fund, support, and advice artists and their projects.
“This partnership signals our intent to invest long term in shaping a diverse and inclusive space for women to thrive in Web3 within our metaverse. Through facilitating the education and funding of women’s projects we hope these programs help establish a generation of influential women builders in the space,” said Sebastien Borget, co-founder & COO of The Sandbox.
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