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Genies 65m Bond Flowtakahashiventurebeat

Flowtakahashiventurebeat $65 million to boost its avatar creation tools. The new money will help the company expand its market to small groups, continue to roll out its avatar creator tools, and launch a Marketplace where creators can buy, sell, and trade their creations. The company currently has more than 100 employees.

Genies raises $65 million to boost its avatar creator tools

Genies is a new company with an ambitious plan. It wants to create a single virtual identity that users can take with them everywhere. Originally targeted at centralized platforms, Genies has since partnered with Dapper Labs to launch its marketplace on the Flow blockchain.

The company has already secured partnerships with Warner Music Group and Universal Music Group. Genies also counts celebrities like Camila Cabello, Paris Hilton, Priyanka Chopra, and Rihanna as investors. Musicians and stars will have their own avatars to commemorate their music video releases.

With the new funding, Genies plans to continue building out its avatar creator tools and technology. It will also launch a secondary digital goods market in 2021. This will allow users to purchase the Genies avatar on its website and other platforms. It will also expand its software development kit so users can build their own avatars in apps.

Genies is also looking to leverage celebrity association to increase brand awareness. The company is also working on partnerships with other platforms to make its avatar creator tools more popular. Avatars can be used anywhere on the internet, and Genies plans to make the process of creating an avatar as seamless as possible.

Genies is raising $150 million to expand its avatar creator tools and fashion collections. The money will allow the company to hire new staff and roll out new products. The company has already hired experienced animation artists and is in the process of hiring more staff. It did not disclose its most recent valuation.

Founded in 2017, Genies aims to create an avatar creator ecosystem and monetize it. Currently, the company has partnered with Warner Music Group and Universal Music Group to provide avatar creators with digital goods NFT. Recently, the company launched The Warehouse, a virtual marketplace for avatar creators. Users can buy and sell creations through the platform. The creations are minted on the Dapper Labs blockchain network.

The new funding for avatar creation tools is a good start for the industry. The company has raised more than $38 million from celebrity investors. It has also received a MegaGrant from video game maker Epic Games. It is expected to continue to expand the technology behind its avatar creator tools in the future.

App now available to small groups

Genies has raised $65 million to help expand its avatar creator. The company is pitching its avatar creator as the next big thing in virtual identity and wearable digital goods. The company initially started with celebrities, helping them earn revenue by using their avatars. It is now offering the app to larger groups of consumers in beta.

Genies plans to continue expanding its mobile application by forming partnerships with hundreds of other companies. It has recently partnered with Giphy, a search engine for animated GIFs. GIFs are a type of graphic interchange format that are popular online.

Marketplace enables creators to buy, sell, and trade creations

The Genies marketplace allows users to design and buy custom avatars, and the platform has two categories of digital goods: the brand marketplace and celebrity marketplace. Creators can also create limited-edition digital goods, such as clothing and fantastical accessories.

The startup is raising $65 million to continue its development and launch its beta version to larger audiences. Its pitch is that it is the leading avatar creator and marketplace for virtual identity and wearable digital goods. Genies has worked with celebrities and other big names to build a user community and generate revenue, and the company is now expanding to a broader audience of consumers in beta form.

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