Gemie is delighted to announce the completion of the latest $3.8 million fundraising round led by Shima Capital, Soul Capital, and Kenetic. The funding will accelerate the development of the Gemie Marketplace and the entertainment-themed metaverse. Infinity Ventures Crypto, NGC Ventures, Sparks Digital Capital, ICO Pantera, SL2, Oddiyana Ventures, Beyond NEXT, QUDAX LLC, and AVStar Capital also participated in the round.

Gemie’s goal is to connect top-tier celebrities in Asia with their fans without geographical limitations through an immersive metaverse experience. Fans will be able to interact with their favorite stars and IPs by traveling through different virtual planets and enjoy exclusive perks with utility-focused NFTs. Fans can also show support by purchasing licensed digital collectibles in the Gemie Marketplace.

The company has already reached partnerships with several high-level artist management firms and movie production houses in the region. With additional resources, the company will widen the discussions with more players in the entertainment industry. Gemie is expected to announce the first onboarding celebrity in early 2Q22.

John Fung, Co-founder of Gemie, said, “Pop culture and the entertainment landscape in Asia have their own dynamic and are very different from in the west. When you look at how K-pop has impacted the world, it’s not hard to realize it’s a powerful force. While we have seen western celebrities like Justin Bieber, Snoop Dogg, and Travis Scott are well received in the metaverse, things are still relatively behind in the east. We see huge potential for artists in Asia to embrace this new virtual way of