{"id":20567,"date":"2022-03-18T09:44:06","date_gmt":"2022-03-18T13:44:06","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=20567"},"modified":"2022-03-21T14:17:13","modified_gmt":"2022-03-21T18:17:13","slug":"hsbc-buys-a-plot-of-virtual-real-estate","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/hsbc-buys-a-plot-of-virtual-real-estate\/","title":{"rendered":"HSBC Buys A Plot Of Virtual Real Estate"},"content":{"rendered":"<p data-ar-index=\"0\">HSBC has bought a plot of virtual real estate in an online gaming space called The Sandbox.<\/p>\n<p data-ar-index=\"1\">The move will allow HSBC to engage with sports, e-sports, and gaming fans through its new acquisition in The Sandbox.<\/p>\n<p data-ar-index=\"2\">With its new acquisition, HSBC hoped to be able to &#8220;create innovative brand experiences for new and existing customers,&#8221; in its virtual world.<\/p>\n<p data-ar-index=\"3\">While HSBC is increasing its presence in the digital space, the company is decreasing its presence in the physical world. The company confirmed it would cut a further 69 branches in Britain as its customers move online.<\/p>\n<p data-ar-index=\"4\">The Sandbox is a virtual space mainly owned by Hong Kong-based Animoca Brands.<\/p>\n<p data-ar-index=\"5\">Users in metaverse environments like Animoca&#8217;s The Sandbox can conduct different virtual activities. This includes buying lands, walking around as avatars, playing games, and meeting new friends.<\/p>\n<p data-ar-index=\"6\">In the virtual space, land can be bought in the form of non-fungible tokens.<\/p>\n<p data-ar-index=\"7\">For more information, read the <a href=\"https:\/\/www.reuters.com\/business\/finance\/hsbc-buys-virtual-plot-land-digital-push-2022-03-17\/\" target=\"_blank\" rel=\"noopener\">original story<\/a> in Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSBC has bought a plot of virtual real estate in an online gaming space called The Sandbox.<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-20567","post","type-post","status-publish","format-standard","hentry","category-emerging-tech"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/20567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=20567"}],"version-history":[{"count":2,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/20567\/revisions"}],"predecessor-version":[{"id":20583,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/20567\/revisions\/20583"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=20567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=20567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=20567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}