Everdome secures a $ 10 million investment commitment from GEM Digital Limited

Tribune of Tunisia (Everdome) – Everdome, one of the most hyper-realistic metaverses in the world, announced that GEM Digital Limited (GEM), a Bahamas-based digital asset investment firm that actively researches, structures and invests in utility tokens listed on more than 30 centralized exchanges (CEX ) and decentralized Exchange (DEX) globally, secured a new $ 10 million investment commitment in the UAE-based metaverse company, through a structured token underwriting agreement.

The announcement coincides with a period of increased activity for Everdome, particularly in terms of the company’s product launches and auction of land in the Metaverse. As of June 2022, a total of 11,700 plots (97%) located in the Everdome metaverse have been sold during an eight-week auction experiment. In total, the lots were purchased for over $ 18.6 million, which is equivalent to $ 1,531,000,000 worth of DOME cryptocurrency, Everdome’s digital currency. The average price of land in Everdome was $ 130,000 cryptocurrency DOME.

Everdome will monitor the timing and number of withdrawals within this facility and has no minimum withdrawal obligation. At its discretion, Everdome has the ability to sell up to 200% of its average daily volume to GEM Digital, in tokens across multiple exchanges.

According to Rob Gryn, Everdome CEO and founder, GEM’s commitment will be used to strengthen Everdome’s offering and ensure the future sustainability of the business. “We are thrilled to partner and achieve this venture of investment commitment with GEM, confirming that we are on the right track as we seek to push new boundaries in the metaverse. Now is the perfect time to push ourselves and grow our product, which GEM’s investment commitment will help us do. Everdome is in a very exciting phase and, in partnership with GEM, we have taken the next step to take our metaverse ecosystem to the next level, “he said.

GEM’s investment will focus on team growth and technological expansion of the metaverse, and will witness the advancement of the game’s virtual reality capabilities on a fast track. The funds will also be used to stimulate marketing efforts, partnership building and investments that will contribute to Everdome’s sustainable growth.

Scheduled to launch in three phases during 2022, Everdome will take users on an immersive journey from Hatta in the United Arab Emirates, widely regarded as a launch site, to colonize Mars in the city of Everdome. The metaverse platform leverages Epic Games’ cutting-edge 3D scanning technology and Unreal Engine 5 to deliver cutting-edge photorealistic graphics that will leave players wondering about the boundaries between gameplay and reality.

To learn more about Everdome, visit the following site: everdome.io.

About Everdome

Everdome aims to create the most hyper-realistic metaverse. Bringing brands and users together in a digital life that simulates a real-world experience, all with the goal of seamlessly interconnecting the digital and physical worlds, ultimately creating the most realistic Web3 experience.

About GEM Digital Limited

GEM Digital Limited is a digital asset investment company. Headquartered in the Bahamas, the company actively procures, structures and invests in utility tokens listed on more than 30 centralized (CEX) and decentralized (DEX) exchanges around the world.

With offices in New York, Paris and the Bahamas, Global Emerging Markets (“GEM”) is a $ 3.4 billion alternative investment group, managing a diversified set of investment vehicles focused on emerging markets around the world and has made over 530 transactions in 72 countries. Each investment vehicle has a different degree of operational control, risk-adjusted return and liquidity profile. The family of funds and investment vehicles offers GEM and its partners exposure to small and mid cap management acquisitions, private investments in public equities and some venture capital investments.

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