Galaxy Racer, an esports-focused transmedia company, has announced that it will invest US$25 million in Quint, a crypto and metaverse platform. As a result of this cooperation, Quint will become GXR’s “Native Ecosystem Token Partner”. Also, Galaxy Racer (GXR) will integrate $QUINT into the Galaxy Racer payment system. Quint is notable for being the first esports and lifestyle company to invest a large amount of money in a crypto ecosystem. With the opening of its new headquarters in Los Angeles, Galaxy Racer strengthened its position as one of the world’s most recognizable names in esports, gaming, lifestyle, and music.
What informed the partnership?
Galaxy Racer’s decision to enter the cryptosphere demonstrates the sector’s growing popularity despite the current market dip. As a result, Galaxy Racer will be looking at how the token can be used throughout the company’s many segments. With over 500 million followers on social media, Galaxy Racer has five distinct segments. They include content producers, esports teams, tournament management and merchandising as well as its own record label. In addition, it has over 100 content creators are responsible for the generation of approximately 2.5 billion views each month.
Galaxy Racer (GXR) is a transmedia giant with a competitive gaming segment centred on esports content creators, music, and sports. Quint is on a mission to promote widespread use of crypto. Also, it is simultaneously igniting whole new ways of producing lasting value using the metaverse and cryptocurrencies. The QUINT token has posted exceptional returns since its introduction. This is Due to investors’ real-world confidence, worldwide community interest and uptake. Also, QUINT undergoes, rigorous audits, complete transparency and a utility structure supported by excellent partnerships. These help boost investor confidence.
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 hoping to partner with us as we continue to grow and expand.”