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Swapbox
Virtual reality NFT marketplace
- 1-20 employees
- B2C
- Marketplace
- Trading
- Blockchain
- Virtual Reality
- eCommerce
- Web 3.0
- Remote
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Company mission
Swapbox's mission is to provide a safe and fun space to trade NFTs
Our take
The popularity of NFTs has grown exponentially over recent years. Sales spiked by over 21,000% in 2021 alone, and major brands and celebrities have helped open the floodgates to broader mainstream adoption. As these assets grow in value and number, it’s no surprise that the market is growing in pace. Swapbox is a new contender in this competitive sector, developing an NFT marketplace that combines the opportunity to trade with the novelty of virtual environments. NFT owners will be able to explore and interact with a virtual environment where avatars of others owners meet to trade NFTs.
Whether this marriage will prove a successful one remains to be seen, it’s possible that this concept will prove more popular with casual owners rather than serious traders. This could put a substantial cap on trading volume, but could also draw in the NFT crowd who are otherwise skeptical or daunted by the broader trading market.
Kirsty
Company Specialist at Welcome to the Jungle
Leadership
Erik Chan
(Founder)Holds a MSc in Management science from Massachusetts Institute of Technology, a MBA from Tsinghua University, and a BSc in biomedical engineering with computer science from Johns Hopkins University. Additionally spent time doing research at the Center of Bits and Atoms and the Software Agents group at the MIT Media lab. Subsequently founded online game companies MicroPay, 28wins, and Bottomless Pit Games.