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Genies is a company that uses Flow blockchain technology to create 3D characters that people can interact with. The company has raised $65 yourjobnews million in Series B funding. Its avatars look more realistic than 2D characters. The company also has a partnership with Warner Music Group.
Genies raises $65 million in Series B funding
Genies, a digital avatar developer, has raised $65 million in Series B funding from a number of investors. The funding round was led by Bond Capital and also included Coinbase Ventures, Tull Investment Group, and Breyer Capital. Genies’ careerpioneer mission is to create a global marketplace for NFT avatar accessories, and will use the funding to further develop its platform.
Several investors participated in the round, including Mary Meeker’s Bond firm. The company also received investment from getcareergoal NEA, Tamarack Global, and NetEase. The new round will help Genies build out its blockchain-based strategy and continue to roll out its avatar creator tools. Genies already has more than 100 employees and has partnered with Warner Music Group and Universal Music Group to develop its technology.
While Genies is well-known for its limited-edition items in the digital marketplace, the startup is looking to expand into the makeidealcareer crypto world by launching a secondary market later this year. It plans to use Flow, the same blockchain technology that powers popular digital marketplaces like CryptoKitties and NBA TopShots. The new platform will enable buyers and sellers to trade digital goods and non-fungible tokens.
The company also plans to leverage its celebrity partnerships. With a partnership with Universal Music Group and Warner Music Group, Genies is able to provide avatars of a wide range of famous people. Its celebrity roster includes Rihanna, Cardi B, Justin Bieber, and Shawn Mendes. The digital avatars will help these celebrities make money while they are not traveling.
The company is in active beta testing its platform with a larger group of consumers. Genies is also working with Dapper Labs to develop a platform for the growing NFT metaverse. While the company is focused on the blockchain, it’s also a company focused on Avatars.
Genies uses Flow blockchain
Disney CEO Bob Iger has joined Genies, a metaverse startup that uses Flow blockchain to create digital accessories for its characters. Genies is affiliated with Dapper Labs, one of the largest platforms for NFTs. The company is also backed by top investors such as Mary Meeker.
Genies started out as an avatar startup, aiming to dethrone Bitmoji as the most popular avatar for messaging apps. However, it has since expanded into creating digital celebrity personas, partnering with companies like Warner Music, Universal, and NFL. Genies has received more than $100 million in funding and has partnered with major entertainment companies such as Universal and Warner Music, as well as a number of musicians and artists. The blockchain platform used by Genies allows users to buy, sell, and trade digitally exclusive clothes jobexpressnews for Genies avatars.
Genies was initially centralized, but is now moving towards decentralization. The platform will be tokenized to create a more authentic digital object. The blockchain will allow the creators of each avatar to verify its rarity and scarcity. Genies will also allow artists and fashion brands to release virtual drops of their products and services. The only restrictions are that these items can be used on a Genies avatar. Then, the buyer can sell them on the platform to make a profit.
The project also aims to develop tools for the younger generation. To that end, Trevor Dawson, Dapper Collective, and other third-party developers are building apps and experiences for this audience. The Dapper team is an experienced onboarding team with experience in onboarding the next billion consumers. In the future, these projects could make a significant impact on the future of cryptocurrencies.
Genies has also partnered with Dapper. Genies has a store for their 3D cartoon avatars on Dapper’s blockchain network. The accessories minted on the Dapper blockchain are priced below $20. The prices for the items on the secondary market will be determined by the owners of the Genies store. However, Genies is not launching a secondary market for their products at launch.
Genies has already partnered with many celebrity creators in the development of their digital avatars. Some of these collaborators include Tati Bruening, creator of the “Make Instagram Great” campaign. Moreover, Genies has recently signed an agreement with Disney’s Bob Iger to serve as a board member. The goal of Genies is to become the go-to social platform for the Gen Z generation, which is why the company is teaming up with Flow blockchain and other projects in the blockchain world.
Genies’ avatars are more realistic than 2D characters
The Genies platform allows users to create avatars that represent their real identity. The technology behind the platform has been honed using artificial intelligence. The company uses this technology to create individualized avatars and dress-ups based on your preferences. It also tracks news leads from hundreds of media outlets to create 10-15 emoji templates per day. Users can then call these emojis for social media purposes.
In addition to launching the GeniesMembership program, the company has been collaborating with a variety of big-name brands and celebrities. Recently, the company has partnered with Russell Westbrook, Migos, and Xavi Simons. Other partnerships include a collaboration with Na Music Group and a collaboration with Pac-Man.
Genies aims to make avatars that are more accurate than 2D characters. Unlike Bitmoji and other 2D characters, Genies’ avatars are more detailed than the originals. Users can even customize their avatar by adding colors and effects. Moreover, they can make fun guest appearances with their Genies avatars.
The company is targeting companies that are interested in using avatars in their business. The avatars are animated characters that mimic human behaviors. The cartoon-style technology behind Genie’s avatars is derived from avatars used in video games, but the company claims it can also be used in non-game applications. The company also hopes to create the Metaverse, a universe of interconnected virtual worlds. This is a trend that is starting to emerge in the entertainment industry, and the development of avatars is part of this.
Genies partners with Warner Music Group
Genies, a digital avatar company, and Warner Music Group have partnered up to create digital wearable avatars of some of their artists. The digital avatars of the Warner Music artists will be available this summer. According to Akash Nigam, CEO of Genies, the partnership is the first of its kind. Nigam explained that this partnership will give cultural icons a voice without the limitations of the real world.
Genies has also partnered with Dapper Labs, the makers of the NBA Top Shot collectible. The two companies will use the blockchain technology to create a platform to allow users to turn their cultural moments into exclusive drops. The Genies marketplace will run on the Dapper Labs’ Flow Blockchain. Genies has received funding from NEA, Breyer Capital, and CAA.
The company will also enable WMG artists to create avatars using the platform. To date, Genies has built avatars for celebrities, including Rihanna and Justin Bieber. The company recently released an NFT SDK for artists to create their own avatars. This will allow artists and creators to create digital wearable avatars that can be sold in limited editions. In addition, Genies avatars will be able to memorialize key life events and can be used as avatars across social media platforms.