Animoca’s Sandbox is undergoing a restructuring that involves its co-founders transitioning to new strategic roles. Arthur Madrid has moved from CEO to chairman, while Sebastien Borget has assumed the role of global ambassador. This shift is part of ongoing business optimization at the company. As part of the restructuring, staff layoffs have been confirmed, though specific numbers have not been disclosed. Borget stated that the restructuring is aimed at improving operational efficiency, leveraging advancements in artificial intelligence to enhance content deployment and maintain an agile team. The integration of resources from Animoca Brands further supports this strategy. Reports suggest that layoffs could reach 50% of the staff, prompting concern about the company's direction. Despite these challenges, Borget emphasized that the Sandbox remains focused on empowering creators and the growth of its token economy, with no changes to its virtual assets, including the $SAND token and NFTs expected in the ecosystem.

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