Mumbai: BharatBox, an India-focused metaverse venture between The Sandbox and Brinc, has partnered with Dimo Studios, a company well-known for its cutting-edge innovations in the Web3 IP space. This collaboration aims to help brands, celebrities, and sports personalities engage with their audiences and create new revenue streams in India and globally.
India has become the largest supplier of content creators for The Sandbox, with over 66,000 developers contributing to the platform, surpassing the U.S. and Brazil. BharatBox plans to reach one million users in India within two years, targeting the entertainment, Web3, and gaming sectors.
Dimo Studio manages over 20 intellectual properties and is expanding its portfolio. Through this partnership, the two companies will bring selected IPs together, leveraging BharatBox’s market expertise and Dimo Studio’s technology.
The metaverse, a concept evolving for nearly a century, has shifted from science fiction to a real opportunity. User-generated, 3D multiplayer environments have become a cultural phenomenon dominated by immersive experiences.
“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.” stated BharatBox CEO Karan Keswani.
The metaverse has evolved significantly since 2021. The integration of AI, advancements in computer graphics, the rise of XR devices, and ongoing developments in blockchain and Web3 indicate that the metaverse is not just a trend but a critical evolution of the Internet. It offers a three-dimensional, immersive network of virtual worlds that will change how we live, work, and play. Despite skepticism from some media and investors, the metaverse remains a priority for industry leaders, as evidenced by the increased number of filings with the US Securities and Exchange Commission referencing the metaverse, highlighting its growing significance in corporate strategy.
Dimo Studio co-founder and CEO Bhavesh Thakkar stated on the occasion, “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.”
Combining BharatBox’s market expertise in India with Dimo Studio’s technology and IP portfolio, this partnership will deliver Web3 solutions that help brands transition into the metaverse. This includes developing NFTs, metaverse experiences, and digital gaming rights to enhance brand engagement and create new revenue streams. BharatBox and Dimo are focused on innovation to stay ahead in the industry, aiming to shape the future of digital engagement.
