Iger Moves to the Metaverse

In a Wall Street Journal Exclusive, former Disney CEO Robert Iger announced he is moving to the metaverse.

• Iger is an investor in, and has taken a board seat with Genies, Inc.
• Genes tools make virtual characters, clothing and accessories backed by NFTs
• Genies was founded in 2017 and has raised $100 million

Why it matters: Iger believes the ability to create and sell virtual goods will change the entertainment industry.

• Virtual goods will be a key component of the metaverse.
• NFTs will be an integral part of web3

Dig deeper:

WSJ News Exclusive | After Walt Disney, Robert Iger Heads to the Metaverse

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