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BOAX and Genesis Sign Joint Venture to Establish New Company GMMG-BOAX , to Engage in Metaverse Business

HONG KONG, June 29, 2022 /PRNewswire/ On June 25, 2022, BOAX Limited ("BOAX") and Genesis Metaverse Media Group ("Genesis") signed a Joint Venture Agreement to establish a new company to explore Metaverse-Related businesses, including but not limited to the production of NFT content and sale of digital artworks. The new company aims to leverage BOAX's NFT technologies and experience in bringing big corporates to the metaverse, its bank backed NFT service platform, and strong connections in European and ASEAN digital assets space, with Genesis's expertise in the development and creation of animated content, entertainment technologies and media resources, to realize a new generation of Metaverse that is closely aligned with digital assets consumers and the evolving metaverse applications. Ian Wen, the founder and CEO of BOAX, stated, "Based on our mission to 'provide clients with institutional-grade services to achieve their Metaverse vision', w

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