Esports Platform, GEMS Earns $50 Million Commitment From GEM Digital

Summary:
• Esports 3.0 platform, GEMS has secured a funding commitment worth $50 million from GEM Group. We tell you the implications of this.

GEM Digital Limited (GEM Group), a digital asset investment corporation, has committed $50 million to the GEMS Esports 3.0 Platform. This comes after the company’s token sale. Using the additional funds, it will continue to improve and extend its products and ecosystem around the world, with a major focus on Asia. The $50 million is in addition to the $7.46 million that GEMS has already raised in token sales from market and industry interest.

Most of GEMS’s partners are pioneers, top-tier investors or world-class executives in the blockchain and esports industries. With the deal with GEM Group, GEMS will be able to continue to create and evolve its goods. To attract additional early adopters, it features on prominent Launchpads with the backing of more than 45 partners, including the GameFi alliance.

When it comes to gaming, there aren’t many better places to go than GEMS Esports 3.0 Platform. It gives crypto and esports gamers the ability to study, communicate with other players. Also,they can fully immerse themselves in a variety of GameFi worlds and metaverses by utilizing both online and offline interfaces. Over 80 blockchain and Esports companies are currently on board. They are also largely pioneers, top investors or industry giants of a different kind. GEMS is keen on having more GameFi partners come on board as it drives its inclusive and aggressive expansion plan.

A spokesperson for the GEM Group said, “We are about to experience fundamental change in how we perceive the blockchain and Esports world. We definitely see great potential in GEMS Esports 3.0 platform and would like to give our ultimate support to GEMS.”