SCB 10X Reveals Metaverse Headquarters Concept In The Sandbox

SCB 10X Reveals Metaverse Headquarters Concept In The Sandbox

On March 28, 2022 at 21:46

SCB 10X unveils the concept of Headquarters on Metaverse in The Sandbox, reflecting Thailand towards a borderless digital world, aiming to create a community-driven ecosystem and community in the virtual world.

SCB TEN X (SCB 10X) aims to create a new business growth model in the future world. Focus on investing in disruptive technology businesses, especially Metaverse and the latest Web 3.0, revealing a preview of the head office (Headquarters) in The Sandbox, a virtual world platform developed on blockchain technology. It is the first company in the financial business group in the world to initiate the development of a virtual head office in The Sandbox under the concept of reflecting Thainess to the international arena and the digital world without borders. Emphasis on the usability of the head office in 3 areas: 1. Virtual Hub, a knowledge-sharing area to create a good experience and participation; 2. Virtual Land, an area for business partners to do activities together and develop other projects in the future and 3. an area for displaying works and supporting Thai artists to the global market, which is expected to open to the general public within the fourth quarter of 2022.

Dr. Arak Suthivong, Chief Executive Officer of SCB TenX Co., Ltd., said, “We pay attention and focus on investments in disruptive technology businesses, namely financial technology (Fintech), especially Blockchain. About Financial Services, including Digital Assets, Web 3.0 and Metaverse, we foresee that Metaverse and Web 3.0 will be the key to opening the door to the future of business in new ways. and allows access to limitless growth opportunities in the virtual world that are not limited to the financial industry only by the idea of ​​establishing a head office Headquarters on The Sandbox reinforces our commitment to creating new ways for our organization to grow by bringing technological capabilities. As well as the expertise of SCB 10X’s people, combined with our partnerships with leading global partners, we will build a strong community and ecosystem on the Metaverse world, ready to support future growth.”

Ms. Mukhaya Panich, Chief Venture and Investment Officer of SCB TenX Co., Ltd. (SCB 10X), said, “SCB 10X sees huge growth opportunities in the Metaverse world. Leading and well-known brands from around the world are constantly participating in the virtual world. The main purpose is the idea of ​​establishing a head office. (Headquarters) on The Sandbox, a virtual world platform developed on blockchain technology, as a platform for building community-driven ecosystems and communities. (Community-Driven) on the Metaverse world, including aiming to support, promote and push the creativity of Thai artists to the global market. It is also a platform for connecting people from all over the world to participate in the virtual world. Ready to continue and apply modern technology to various industries, including the financial industry. to create new experiences that can be imagined without limits By dividing the benefits of use in 3 main areas as follows:

1. Virtual Hub, a knowledge sharing area (Event & Knowledge Sharing) to create a good experience and participation.

2. Virtual Land, a space for business partners to do activities together and develop other projects in the future

and 3. Exhibition areas and concerts that aim to support and drive Thai artists to the global market. in various formats such as NFT Gallery, etc.

“SCB 10X’s virtual head office design concept reflects the Thai image to the international arena and the digital world without borders. Passing through famous landmarks of Thailand from the past to the present as well as simulating the image of Thainess that will occur in the future It is divided into 3 zones: “Past”, the beautiful foundation of the future, “Current”, the gateway to an endless network of partners, and “Future”, the leap forward growth of the future. in which each zone is allocated to have different uses The virtual headquarter of SCB 10X is the first financial conglomerate in the world to initiate the development of a virtual headquarters in The Sandbox.”

“Building a Virtual Headquarter is the first financial conglomerate in the world to initiate the development of a Virtual Headquarter in The Sandbox under close consultation with regulators. It is expected to be available to the public in the fourth quarter of 2022. We are also actively investigating Metaverse investments and plan to host a Metaverse Hackathon soon to do so. One forum for those with knowledge of the Metaverse can unleash their energy and creativity. We hope that these activities will play an important role in laying the foundation for a strong ecosystem. and drive new innovations related to Metaverse as well,” added Ms. Mukhaya.