The Sandbox teams up with World of Women to launch WoW foundation

Animoca Brands’ The Sandbox (SAND) metaverse announced that it has partnered with the NFT community World of Women for the launch of trending WoW Foundation. The company has provided the foundation with $25 million for helping it for more than five years. WoW, a collection of “diverse and powerful” women sold on the Ethereum blockchain, aims to increase female representation in the NFT and metaverse spaces.

The WoW shared that it aims to lower down the barrier to entry for women in Web3. It said:

“Our mission is to highlight and lift up as many female and underserved creators as possible, making the metaverse not just a landscape designed by men but rather one enriched with as much diversity of thought as possible.”

The project has four primary pillars:

• Uplift the ecosystem by supporting artists and funding projects
• Educate newcomers
• Give more visibility to women-centric causes
• Give back to charities

The foundation also aims to support the journey of creators in Web3, by mentoring, funding, and minting their projects.

Wow Foundation and The Sandbox contribution

World of Women and The Sandbox plan to collaborate on a series of interactive activities in the metaverse through the WoW Foundation. The Museum on a 2×2 Sandbox LAND, the WoW University, which offers free online courses on how to get launched with Web3, and The WoW Academy, which will act as a mentoring and funding incubator, are just a few of these projects.

The Sandbox just purchased Aurora, the most expensive WoW NFT at the time of purchase, for 200 ETH and named her the new “goddess” of The Sandbox. World of Women co-founder and artist Yam Karkai announced that the metaverse will voxelize all 10,000 NFTs “so that our entire community can join us.”

Notably, as TheCoinRise reported, a survey from Bloomberg in November revealed that more than 77% of the NFT art sales go to male artists.