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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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PwC Hong Kong purchases land plot in The Sandbox

The specific plot of land and asset price are unknown at this time, though PwC Hong Kong has divulged early intentions to enter the space.

PwC Hong Kong, an international subsidiary of the global PricewaterhouseCoopers (PwC) organization, announced Thursday its emergence in the metaverse space with the acquisition of LAND in the popular world The Sandbox.

Though the cost of its LAND asset was undisclosed, it was noted that PwC Hong Kong intends to construct a Web 3.0 advisory hub to facilitate a new generation of professional services, including accounting and taxation.

The global organization PwC, headquartered in London, United Kingdom, documented revenues of $45 billion from June 2020 to June 2021, up 2% from the previous year.

William Gee, a partner at PwC Hong Kong, stated that the organization will seek to "leverage our expertise to advise clients" on the metaverse, calling the burgeoning technology a "digital phenomenon.”

Related: Virtual land in the metaverse dominated NFT sales over past week

In July this year, PwC crypto leader Henri Arslanian stated that venture capital funds and similar conglomerates with large financial resources are curtailing opportunities for smaller, often family-run firms to invest and participate in the growth of promising crypto startups. Recently, Twitter CEO Jack Dorsey expressed similar concerns about the power of venture capital firms in preventing Web 3.0 developers from achieving their decentralized vision. 

Chief operating officer of The Sandbox Sebastien Borget shared his enthusiasm for the introduction of PwC Hong Kong to the platform:

"The metaverse is open for business. We welcome PwC Hong Kong to experience how The Sandbox fosters new immersive experiences and ways for brands to connect with customers.”

According to data from DappRadar, The Sandbox has registered 4,450 unique users over the last 30 days, while the platform’s native token, SAND, is priced at $5.84, having retraced almost 30% from all-time highs last month.

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