Galaxy Racer Invests $25 Million in Revolutionary QUINT Cryptocurrency Ecosystem – European Gaming Industry News

Reading time: 3 minutes

Galaxy Racer (GXR), a transmedia powerhouse focused on esports, content creators, music and sports, headquartered in Dubai, is pleased to unveil its partnership and investment in the ecosystem’s flagship. Quint, QUINT. Galaxy Racer has invested $25 million in QUINT, making it the first esports and lifestyle organization to invest a significant amount of money in a cryptocurrency ecosystem, rather than using it to raise funds. The partnership will also make the cryptocurrency company the “Native Ecosystem Token Partner” of the esports organization.

The esports industry has recently seen a massive surge in cryptocurrency partnerships, most of which only include category exclusivity, brand segments, and media placements. As an industry first, Galaxy Racer’s groundbreaking investment in QUINT will see the token integrate into the existing ecosystem of the esports and lifestyle organization, leveraging the technology to support future initiatives and development infrastructures. Through the partnership, Galaxy Racer will also expand and support QUINT in the development of its cryptocurrency ecosystem.

Galaxy Racer will integrate QUINT into its website’s payment system and explore how the token can be used in the organization’s tournaments, events and merchandising divisions. Going forward, the companies will work together to create a series of educational content for the Galaxy Racer’s global fanbase and the wider cryptocurrency and web3 esports community.

Quint is the first ecosystem of its kind to connect the metaverse to the real world, developing a real-world utility to accelerate investor adoption and adoption. Investors are rewarded with real benefits through innovative superstake pools that offer lifetime benefits, luxury lottery prizes including Bored Ape NFT and limited edition Hublot Big Bang watches, and fractional ownership of high-yielding real assets – as well as accelerated premium crypto returns with built-in auto-composition .

Commissioned by a team of investors looking to overcome the limitations of traditional crypto firms while pursuing the mass adoption goals of the UAE’s Blockchain 2050 strategy, Quint is led by entrepreneurs, businesspeople and veteran investors from the industry. Quint’s CEO and Managing Partner, Rahul Chaudhary, is the Managing Director of CG Corp Global, Nepal’s only multi-billion dollar multinational conglomerate comprising more than 160 companies and 123 brands in more than 35 countries. Etihad Aviation chief executive Mohammed Al Bulooki recently joined Quint’s board of directors as chairman.

In addition to superstaking pools, the Quint ecosystem includes an NFT Marketplace store that connects creators with collectors, a merchandise store for Quint-branded clothing and accessories, and an esports element accelerated by the GXR partnership. . $Quint, the BSC token that supports the ecosystem, will also be linked to other networks such as ETH, FTM, Solana and Avalanche in the near future.

Founded in 2019, Galaxy Racer has five different business offerings; content creators, esports teams, tournament management, merchandising, lifestyle and his own label, GXR Records. The organization has an existing global footprint of more than 500 million subscribers worldwide and more than 100 content creators generating more than 2.5 billion views each month.

Founder and CEO of Galaxy Racer, Paul Roy commented: “We are excited to announce our investment and partnership with the groundbreaking Quint ecosystem token, QUINT. Over the years we have been approached by many cryptocurrency companies, coins and projects who all hope to work with us as we continue to grow and expand globally. Our main priority, however, was to make sure we took our time studying the ecosystem to make sure we were partnering with the best project for our community and our investors. We wanted to invest in and partner with a company with an advanced team and technology, which we believe is The Quint Ecosystem.

“The opportunity to provide our global fanbase with the opportunity to learn more about the cryptocurrency ecosystem and interact with technology in a way that has never been done before in the esports industry is something we are very excited about. We look forward to sharing exciting announcements soon! †

CEO and Managing Partner of Quint Ecosystem, Rahul Chaudhary comments: “Quint is delighted to partner with the powerhouse Transmedia and the pioneer of esports in the Middle East, Galaxy Racer. Our entire roadmap is built on bridging the virtual and real worlds and creating value for diverse communities, including the global esports audience. Since its launch, the QUINT token has delivered exceptional returns fueled by genuine investor conviction, global community interest and acceptance, rigorous auditing, complete transparency and a utility framework backed by exceptional partnerships, including that with the GXR transmedia powerhouse. We look forward to this partnership that will create incredible value for both sides and our global communities.

Leave a Comment