Ex-Disney CEO Robert Iger Joins Metaverse Firm Genesis Headed by Indian-Origin Akash Nigam

Former Disney CEO Robert Iger has accepted a place at metaverse platform Genies. Iger, who headed the American leisure main for fifteen years, has formally joined the board of the Los Angeles-based web3 agency. As a part of his job, the 71-year-old will work in direction of integrating the worlds of leisure and the digital universe. Iger believes that the leisure trade wants inroads into the metaverse world to create and promote digital objects. Iger can also be an investor in Genies.

“I’ve always been drawn to the intersection between technology and art, and Genies provides unique and compelling opportunities to harness the power of that combination to enable new forms of creativity, expression and communication,” Fortune quoted Iger as saying.

An official announcement on the event was shared on Twitter on March 14.

Launched in 2017, Genies is an avatar-making platform, headed by Indian-origin CEO, Akash Nigam. The corporate is registered within the US and is headquartered in Venice, California.

The corporate is the official avatar-maker for Common Music Group and Warner Music, whereas additionally catering to excessive profile purchasers like Justin Bieber and Cardi B.

Nigam welcomed the previous Disney chief onboard with a metaverse twist, remodeling him right into a digital avatar, sharply wearing hues of black.

“Our vision is ambitious and grand. And it will consistently require the sharpest, brightest mindshare in the world to help bring it to life. His insatiable curiosity overlaps directly with our fierce passion to bring avatars to all,” the 27-year-old Genies CEO mentioned.

Analysis reviews expect the market alternative for the metaverse to succeed in $800 billion (roughly Rs. 59,58,719 crore) by 2024.

In current days, Indian leisure labels like T-Series have additionally forayed into the metaverse area.

Beforehand, worldwide artists like Travis Scott, Justin Bieber, Marshmello, and Ariana Grande have hosted metaverse live shows, which allowed them to entertain their followers with out gatherings to stick to the social distancing norms of COVID-19.

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