News Report

Robert Iger, the ex-CEO of Disney, is now making waves in the metaverse landscape.

Iger was at the helm of The Walt Disney Company for 15 years, working closely with beloved characters until 2020. Now, at 71, he joins Genies, a pioneering metaverse startup that focuses on allowing users to craft bespoke avatars for various digital settings. 

Genies is all about showcasing your ideal self, with a mission to \"empower individuals to construct their distinctive digital identity ecosystems.” 

Founded in 2016 by the youthful entrepreneur Akash Nigam, the company has successfully raised $100 million in funding, attracting notable investors like New Enterprise Associates, Mary Meeker’s Bond Capital, and Breyer Capital.

Geniesalso operates This platform acts as a marketplace for NFTs, helping stars sell their digital merchandise through their avatars. Users can also trade celebrity items or market their own creations, earning a 5% commission.

Based in Los Angeles, this metaverse startup has developed avatars for a range of celebrities, among them Jennifer Lopez, Rihanna, Lil Nas X, Justin Bieber, and Pink.

Related article: Here are the top 10 AI-driven SEO tools for digital marketers in 2023. 

The company expressed, \"We couldn’t envision a more influential leader, visionary, and creative mind than Robert Iger.\" welcomed Iger on Twitter. 

Iger is an advocate of Web 3.0, and he believes The notion that virtual goods will play a significant role in the metaverse and transform the entertainment sector is widely accepted.

Iger remarked, \"My interest has always been piqued at the crossroads of technology and art. Genies offers fantastic opportunities to leverage this synergy for fresh avenues of creativity, expression, and communication,\" sharing his reasoning for backing the startup.

Genies is experiencing rapid growth, as the team currently seeks talent  looking for avatar species sellers and has an opening to support digital fashion designers eager to create collections of virtual apparel. 

Read related posts:

Disclaimer

In line with the Trust Project guidelines Please be advised that the information contained on this page is not designed to be interpreted as legal, tax, investment, financial, or any advisory form. It’s crucial to only invest what you can afford to lose and to seek independent financial advice should you have concerns. For more details, we recommend reviewing the issuer’s or advertiser’s terms, conditions, and support pages. MetaversePost strives for accurate and unbiased reporting, but please note that market conditions can shift unexpectedly.

From Ripple to The Big Green DAO: Exploring how cryptocurrency initiatives are making charitable impacts.

Let’s delve into projects that leverage digital currencies to support philanthropic efforts.

Know More

AlphaFold 3, Med-Gemini, and more: Understanding the transformative role of AI in healthcare throughout 2024.

AI is making significant strides in healthcare, from identifying new genetic links to empowering sophisticated robotic surgical systems..

Know More
Read More
Read more
News Report Technology
Blum is celebrating its first anniversary with accolades for ‘Best GameFi App’ and ‘Best Trading App’ at the Blockchain Forum 2025.
News Report Technology
Addressing DeFi fragmentation: Discover how Omniston enhances liquidity on the TON network.
Press Releases Business Markets Technology
Vanilla introduces incredible 10,000x leverage perpetual contracts on the BNB Chain.
News Report Technology
Solv Protocol, Fragmetric, and Zeus Network collaborate to launch FragBTC, Solana’s groundbreaking yield-generating Bitcoin product.