50 million USDT invested in Esport 3.0 blockchain platform-Information Technology

GEMS is an Esports 3.0 platform, currently with more than 80 blockchain companies and Esports as partners.

GEMS (Esports 3.0 platform, currently with over 80 blockchain companies and Esport as partners) has just announced a new investment commitment worth 50 million USDT from GEM Digital Limited (GEM Group), a digital asset investment company. Digital is based in the Bahamas. The new funding will be used to further enhance GEMS products and expand the ecosystem globally, with a primary focus on Asia.

GEMS system.

According to information from GEMS, they are an online system with an offline presence. Online refers to the GEMS platform, while offline refers to their hotel network in Asia, with Southeast Asia being the initial stepping stone. With the goal of owning 50 hotel touchpoints in 3 years, players can assemble teams and battle in competitions in eSports and GameFi tournaments.

“We are honored to sign a $50 million investment commitment agreement with GEM. We are honored to sign an investment commitment agreement of 50 million USDT with GEM. This agreement with GEM notably positions us in the next phase of growth as we continuously innovate and develop our products,” said Andy Koh, CEO of GEMS.

The units behind GEMS.

“Commitment to funding 50 million USDT from GEM will accelerate the development of GEMS, and its partners. Our next step is to wisely deploy these funds to nurture our O2O ecosystem and explore new and exciting opportunities for GEMS,” said Yuen Wong, co-founder of GEMS. .

As such, GEMS has secured an additional 50 million USDT on top of the current total of 7.46 million raised tokens, which shows the opportunity from the market and the enthusiasm of industrial companies. With the support of more than 45 GameFi partners and alliances, GEMS is happy to be listed on the top Launchpads. This allows GEMS to recruit more early adopters to learn about this Esports 3.0 platform, making blockchain gaming the next e-sport.

Andy Koh – CEO of GEMS is meeting with Southeast Asian partners from Hatten Land, a listed company on the Singapore Exchange.

According to research by NewsWagg, the blockchain gaming industry has a market revenue of $321 million in 2020, with around 41.9 million gamers owning cryptocurrencies.