BharatBox, an India-focused metaverse venture between The Sandbox and Brinc, has partnered with Dimo Studios, a Web3 innovation company.
This collaboration aims to enhance brands, celebrities, and sports personalities to engage with their audiences and open new revenue streams for these companies across India and the globe.
As per the company, India has emerged as the largest supplier of content creators for The Sandbox, a metaverse platform, with over 66,000 developers contributing to the platform, surpassing the US and Brazil. Following this, BharatBox aims to reach 1 million users in India within two years, with successful ventures into the entertainment, web3, and gaming sectors.
In addition, Dimo Studio is actively expanding its portfolio. Through this partnership, both companies plan to bring mutually selected IPs into their collaborative arrangement, creating a powerful synergy that leverages BharatBox’s market expertise in India and Dimo Studio’s technology.
The metaverse, a concept nearly a century in the making and a term coined three decades ago, has shifted from science fiction to a tangible, transformative opportunity. User-generated, 3D multiplayer environments have rapidly evolved into a cultural phenomenon, where user-generated content and immersive experiences now dominate, the company stated.
This partnership will deliver robust Web3 solutions that enable brands to transition seamlessly into the metaverse. This includes the development of NFTs, metaverse experiences, and digital gaming rights- all tailored to enhance brand engagement and unlock new revenue streams.
The company stated that the landscape of the metaverse has evolved significantly since 2021. The integration of AI, advancements in computer graphics, the rise of XR devices, and the ongoing development of blockchain and Web3 technologies all signal that the metaverse is far from a passing phase. Instead, it represents a critical evolution of the Internet- a three-dimensional, immersive network of virtual worlds that will redefine how we live, work, and play.
Speaking about the partnership, Karan Keswani, Chief Executive Officer (CEO), BharatBox, said, “The pandemic accelerated the world’s migration to these digital realms, forever changing how we interact with technology. As people sought new ways to connect, the metaverse emerged as a beacon of opportunity. Our partnership with Dimo Studios will allow us to harness this momentum, integrating the power of Web3 to create richer, more engaging experiences for brands and their audiences.”
Further, Bhavesh Thakkar, Co-Founder and CEO, Dimo Studio, said, “The metaverse is not just a buzzword; it is the next iteration of the Internet- a 3D version that is more immersive, interactive, and integrated than anything we’ve seen before. Our partnership with BharatBox positions us at the forefront of this transformation, ready to lead brands and IPs into this new digital frontier.”
