PRESS RELEASE.
30th May 2022, Dubai, United Arab Emirates: Galaxy Racer (GXR), a transmedia powerhouse focused on e-sports, content creators, music, and sports, headquartered in Dubai, is excited to reveal its partnership with, and investment in, the Quint ecosystem’s token, QUINT. Galaxy Racer invested US$25 million into QUINT, making it the first e-sports and lifestyle organisation to invest a significant sum into a cryptocurrency ecosystem. The partnership will also see Quint become GXR’s ‘Native Ecosystem Token Partner’.
The e-sports industry has seen a considerable rise in cryptocurrency partnerships, where the majority only include category exclusivity, branded segments, and media placements. In an industry-first, Galaxy Racer will integrate $QUINT into its website’s payment system and explore ways the token can be used across the organisation’s numerous divisions.
Quint is the first ecosystem to bridge the metaverse with the real world, creating a real-world utility to boost adoption and investment interest. Investors are rewarded with real-world benefits such as luxury raffle gifts like Bored Ape NFTs and limited-edition Hublot Big-Bang timepieces, as well as fractional ownership of high-yield real-world assets – all while earning class-leading crypto returns.
Commissioned by a team of investors who wanted to overcome the limitations of traditional crypto ventures while furthering the mass-adoption aims of the UAE Blockchain Strategy 2050, Quint is headed by industry veteran entrepreneurs, businesspeople, and investors. Quint’s CEO Rahul, is the Managing Director of CG Corp Global, Nepal’s multi-billion-dollar multinational conglomerate. The COO of Etihad Aviation, Mohammed Al Bulooki, recently joined as the Chairman of Quint’s Board of Directors.
The Quint ecosystem comprises a Boutique NFT Marketplace that connects creators with collectors, a Merchandise Shop for Quint-branded apparel, accessories, and an e-sports element accelerated by the GXR partnership. $Quint, the BSC token anchoring the ecosystem, will be bridging onto other networks like ETH, FTM, SOL and AVAX.
Galaxy Racer has five separate business offerings; content creators, e-sports teams, tournament management, merchandising, lifestyle, and its own record label, with over 500M+ followers worldwide, and over 100+ content creators generating over 2.5 billion monthly views. Boasting some of the top content creators with a 600M global reach, GXR is home to YouTube sensations Noor Stars, Naji and Ahmad Aburob.
Galaxy Racer expanded into North America with its new headquarters in Los Angeles, cementing its status as one of the largest names in e-sports, gaming, lifestyle, and music worldwide. The Girl Gamer Festival, the first and only e-sports festival dedicated to celebrating women’s competitiveness in video games, and GAMERS GALAXY: Dota 2 Invitational Series Dubai 2022, the largest e-sports tournament in the MENA region with a 1M AED prize pool, have both been hosted by the organization. The organization just unveiled its HER Galaxy program, a championship series for women-identified gamers in North America.
Founder and CEO of Galaxy Racer, Paul Roy stated, “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 said, “Quint is thrilled to partner with Transmedia powerhouse and Middle Eastern e-sports pioneer Galaxy Racer. Our entire roadmap is predicated on linking the virtual and real worlds while creating value for diverse communities, including the global e-sports 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.”
About Galaxy Racer:
Galaxy Racer (GXR) was founded in 2019 by Paul Roy and is a transmedia powerhouse focused on e-sports, content Creators, music and sports, with a competitive e-sports division. Galaxy Racer has over 100 content creators across North America, MENA, South Asia, Europe and Southeast Asia (SEA), amassing over 500 million followers and generating over 2.5 billion monthly views. For more about Galaxy Racer, visit: https://galaxyracer.gg
About Quint:
Quint is a revolutionary utility-rich ecosystem that unlocks unique real-world rewards and incentives through physical asset creation and backing — along with class-leading crypto returns accelerated through auto-compounding. By merging the metaverse and cryptocurrencies with real-life opportunities, Quint is championing mass crypto adoption while sparking brand new ways of creating enduring value. For more about Quint, visit: https://quint.io/
Media Contact:
Courtney Raine
Account Manager
Swipe Right PR
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source https://news.bitcoin.com/esports-powerhouse-galaxy-racer-invests-us25m-to-partner-with-quint/
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