While Web3 seeks to reinvent itself after the bursting of the speculative bubble, The Sandbox is going through a major crisis. The French pioneer of the blockchain metaverse has just announced the layoff of more than half of its workforce and the eviction of its two co-founders. This brutal restructuring occurs in a climate of growing disinterest in 3D virtual worlds and is accompanied by a spectacular drop in the project valuation, now forced to rethink its future. L’article The Sandbox Loses Founders Amid Company Overhaul est apparu en premier sur Cointribune. While Web3 seeks to reinvent itself after the bursting of the speculative bubble, The Sandbox is going through a major crisis. The French pioneer of the blockchain metaverse has just announced the layoff of more than half of its workforce and the eviction of its two co-founders. This brutal restructuring occurs in a climate of growing disinterest in 3D virtual worlds and is accompanied by a spectacular drop in the project valuation, now forced to rethink its future. L’article The Sandbox Loses Founders Amid Company Overhaul est apparu en premier sur Cointribune.

The Sandbox Loses Founders Amid Company Overhaul

2025/08/28 14:05
1 min di lettura
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A stylized employee in The Sandbox voxel avatar style, half-human, half-pixelated, is in the glass corridor of a high-tech open space inspired by a Web3 startup’s offices. Off balance, on his knees, he tries to catch a departing box that is falling.

While Web3 seeks to reinvent itself after the bursting of the speculative bubble, The Sandbox is going through a major crisis. The French pioneer of the blockchain metaverse has just announced the layoff of more than half of its workforce and the eviction of its two co-founders. This brutal restructuring occurs in a climate of growing disinterest in 3D virtual worlds and is accompanied by a spectacular drop in the project valuation, now forced to rethink its future.

L’article The Sandbox Loses Founders Amid Company Overhaul est apparu en premier sur Cointribune.

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