The Sandbox (company)
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The Sandbox (company)
TSB Gaming (formerly known as Pixowl), doing business and commonly known as The Sandbox, is a metaverse platform developer. Founded in 2011, the company is now a subsidiary of the Hong Kong-based Animoca Brands. The company's chief product is ''The Sandbox'', a 3D blockchain game platform released in 2021 as a sequel to The Sandbox (2012 video game), the 2D world-building mobile game developed by the company in 2012. ''The Sandbox'' is free-to-play, with in-game purchases available through an Ethereum-based cryptocurrency called SAND. History Early mobile games The Sandbox was founded as Pixowl in May 2011 by game designer Adrien Duermaël and entrepreneurs Arthur Madrid and Sébastien Borget. The year before, with his wife Laurel Duermaël, a comic book illustrator, Duermaël had created ''Doodle Grub'', a simple game that utilizes Accelerometer#Consumer electronics, accelerometers in smartphones to allow the user to direct a Snake (video game genre), snake-like character i ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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