Transmedia specialist, Galaxy Racer (GXR), headquartered in Dubai and more recently, Los Angeles, has announced its investment in the Quint ecosystem’s token, Quint. GXR will invest $25m into Quint, becoming the first esports and lifestyle organisation to commit a significant sum into a cryptocurrency ecosystem.
Quint is the first ecosystem to bridge the metaverse with the real world, creating rich real-world utilities to boost adoption and investor interest. The CEO of Quint, Rahul Chaudhary, is also Managing Director of CG Corp Global, and Mohammed Al Bulooki, COO of Etihad Aviation, recently became Chairman of Quint’s Board of Directors.
Galaxy Racer has five business units – content creation, esports teams, tournament management, merchandising, lifestyle and a record label. GXR has over 500m worldwide followers and generates more than 2.5bn monthly views. With new headquarters in Los Angeles, Galaxy Racer has become one of the world’s leading names in esports, gaming, lifestyle and music worldwide.
Commenting on this latest partnership investment, founder and CEO of Galaxy Racer, Paul Roy says: “We are thrilled to announce our investment and partnership with The Quint Ecosystem’s revolutionary token, Quint. We have been approached by many crypto projects all hoping to partner with us as we continue to grow and expand globally. However, it was our main priority to make sure we took our time to study the ecosystem to ensure we partnered with the best project for our community and investors. We wanted to partner with an industry-leading company, team and technology behind them – which we strongly believe is Quint.”
Quint’s CEO & Managing Partner, Rahul Chaudhary adds: “Quint is thrilled to partner with transmedia powerhouse and Middle Eastern esports pioneer Galaxy Racer. Our entire roadmap is predicated on linking the virtual and real worlds while creating value for diverse communities, including the global esports audience. Since launch, the Quint token has posted exceptional returns powered by real-world conviction from investors, global community interest and uptake, rigorous audits, full transparency, and a utility framework bolstered by exceptional partnerships, including the one with transmedia powerhouse GXR.”
