A new round of funding has come to the company Genies. Funding led by Bond, a company co-founded by Mary Meeker, is expected to help it build a digital goods marketplace on Dapper Lab’s Flow platform. The platform is compatible with nonfungible tokens (NFTs), which are a form of blockchain that allows users to purchase unique items.

Genies raises $65 million

The internet startup Genies recently raised $65 million in a Series B funding round led by Mary Meeker’s Bond firm. Other investors include NEA, Tull Investment Group, Dapper Labs, Coinbase Ventures and Breyer Capital. Meeker will join the Genies board. The company did not disclose its most recent valuation.

The money will help Genies further develop its avatar creator, which allows users to create a digital representation of themselves. The startup will also explore the development of wearable digital goods. Ultimately, it aims to be the first company to provide full virtual identities to users. Founded in 2017, Genies has worked with a number of celebrities. Its clients include Rihanna, Cardi B, J Balvin, Shawn Mendes, and more. Recently, the company announced a partnership with Warner Music Group.

Genies will launch a secondary marketplace for digital wearables later this year, where users can trade in NFT-enabled avatars. This marketplace will be powered by Flow, a blockchain powered by Dapper Labs. Genies will sell digital goods as well as non-fungible tokens.

The company will take a cut of the sales of digital goods on its platform, and hopes to capitalize on its association with celebrities. The startup will also pitch its products to other platforms. It also works with companies to help them design products for the digital world. It analyzes data from its users to inform design decisions. Genies also hopes to allow its users to customize their avatars anywhere on the web.

Investors include popular influencer Imane Anys

The talents of a popular influencer, Imane “Pokimane” Anys, have attracted the interest of several investors. The 25-year-old is a prolific Twitch streamer with a colossal following. She is a fan of the video game League of Legends and also has interests in beauty and fashion. Her unique background makes her a standout among gaming influencers. Her parents are hard-working immigrants who have put tremendous pressure on her to achieve success.

App is now live

Genies, the virtual avatar creator, is now live. The startup recently raised $3 million from Bandai Namco, a large Japanese video game company, to expand into Asia and focus on everyday consumers. It has already partnered with celebrities to help them generate revenue, but now it’s opening up to the rest of the world in beta form.

The Genies app lets users create a unique avatar to represent themselves on the web. Users can choose from a wide range of clothing and accessories to dress their avatar. In addition, they can also customize their avatars by choosing a hairstyle and body type. There are also limited-edition digital goods for sale on the platform.

The company has been developing an avatar platform for several years. Last year, it signed exclusive partnerships with Warner Music and Universal Music Group. The app will feature virtual artists that are in the music industry. It will also allow users to trade their wearables. Users will also be able to create their own collections.

The Genies app is a competitor to Roblox, which allows Gen Z users to design and engineer their own virtual avatars. It also allows users to buy virtual goods with real money. The new app leans heavily on Web3 principles. The company also promises full commercialization rights to virtual characters and houses. This may put Genies in a competitive position against other similar apps, such as The Sandbox or Decentraland.

Platform uses non-fungible token (NFT) technology

The Genies platform uses non-fungible token (NBT) technology, and the company is focusing on a female audience. Their waitlists are currently composed of 85% women. Their goal is to make a digital fashion store, and they are using NFTs to do it.

The Genies platform is currently in development, with a beta version planned for Q3 2021. The platform will allow users to create and trade their own non-fungible avatars. This technology allows a user to create a unique avatar and sell it on the Genies marketplace.

In addition to selling digital avatars, the Genies platform will also use Dapper Lab’s Flow Blockchain to trade NFT wearables. Ultimately, the company hopes to expand its product portfolio and use the non-fungible token technology to expand to more markets.

The Genies platform will allow users to create personalized avatars with the help of a custom-designed platform and marketplace. It will also feature a celebrity and brand marketplace, and allow users to create limited-edition digital goods. Users will be able to customize their avatars to fit the style of their choice, from hairstyles to body types. They can also design clothing and fantastical accessories.

Business model focuses on celebrities

Genies has raised $65 million in a Series B led by Mary Meeker’s Bond venture firm. The round also included investors NEA, Tull Investment Group, Breyer Capital, Dapper Labs, and Coinbase Ventures. The company’s business model focuses on celebrities and their audiences, and it’s already built traction in Asia. While the startup isn’t a huge success in the US, it’s already gaining momentum in Asia.

The Genies avatar-design software and marketplace has already partnered with a range of celebrities. The company recently announced a collaboration with Dapper Labs and plans to launch a beta version of the service on Flow. The company plans to leverage celebrity partnerships to build an avatar accessory storefront.

Genies’ Avatar Agency already works with thousands of celebrities, including NFLPA players, MLB players, NBA players, and NBPA players. The company also plans to launch a marketplace that allows fans to buy digital goods from celebrities.

Genies’ model is different. It works by taking a percentage of all digital goods sold on its platform. It also pitches other companies and platforms to create digital goods. It also helps designers create these goods and analyzes user data to inform design decisions. Genies wants to make avatar customization available to consumers anywhere on the web.

Investment comes from Mary Meeker’s firm

The latest venture-backed startup, Genies, will use blockchain technology to create styled virtual avatars. Its funding was led by Bond, a firm founded by Mary Meeker, and included NBA Top Shot creator Dapper Labs. The company’s technology uses Flow Blockchain to create a network of digital items.

The investment is an important step in the startup’s expansion plans. Genies will be using the money raised for expanding its digital avatar marketplace. This will enable the company to develop a secondary marketplace for avatar accessories based on blockchain technology. The funds will also go toward developing its avatar system, which is built on Dapper Labs’ Flow blockchain.

In addition to Genies, the company has received funding from BOND, Tull Investment Group, Dapper Labs, Coinbase Ventures, and NEA. The funds will be used to expand the company’s reach and create major brand-driven products.

The company is also expanding its blockchain strategy, which has become a popular trend. This technology has been used in games like NBA Top Shot, Flow blockchain, and other consumer-facing applications. Dapper Labs is currently working with the NBA, the WNBA, Warner Music Group, Ubisoft, and the Flow blockchain to promote its vision.