The Sandbox and Cipriani Partner to Launch "Virtual Venice" Meta-Universe

The Sandbox, a metaverse company, has announced a partnership with Cipriani, a high-end Italian hotel brand, to launch a "virtual Venice" metaverse with interactive features such as masquerade balls, fashion shows and concerts, and reportedly include the redevelopment of the famous Cipriani Wall Street Ballroom to host cultural events. Cipriani will purchase the virtual site in The Sandbox, which is proposed to be located in The Sandbox's Galleria community built around fashion, media and hospitality brands, to be launched in December 2022.