Virtuoso Group’s Edtech arm GeniusU closes Metaverse round at

SINGAPORE, May 11, 2022 (GLOBE NEWSWIRE) – – Genius Group (NYSE American: GNS) is satisfied to declare that it’s Edtech arm, Singapore based GeniusU Ltd, has finished a seed round to help the improvement of its Genius Metaversity virtual learning plans, esteeming the Edtech auxiliary at $250 million.

GeniusU has drawn in over 2.8 million understudies and 10,300 accomplices to its internet learning stage, conveying intelligent courses and evaluations in business venture, money management and 21st century skills.

GeniusU plans to stretch out its courses and projects to intuitive learning conditions in the metaverse, with understudies and workforce interfacing and learning in worldwide homerooms and virtual 3D environments.

It additionally plans to coordinate every understudy’s AI-based remote helper ‘Genie’ into the metaverse as 3D menial helpers that go with every understudy on their customized venture and incorporate its GEMs understudy credits into the metaverse. Jewels (Genius Education Merits) are acquired by understudy as they learn and can be spent on items and administrations inside GeniusU as well as figuring in with their certifications.

A complete of $1.5 million was raised towards the advancement of GeniusU’s Genius Metaversity from existing GeniusU Ltd financial backers buying new normal portions of GeniusU Ltd at $24.39 per share, esteeming GeniusU at $250 million. Virtuoso Group Ltd is the larger part proprietor of GeniusU with around 97% responsibility for Ltd. Both are Singapore-based public organizations, with Genius Group being a freely recorded organization on the NYSE American (NYSE American: “GNS”).

Genius Group CEO, Roger James Hamilton remarked: “Our mission is to develop an entrepreneur education system that prepares students for the 21st century. We believe Web3 and the Metaverse provides students and teachers with an enhanced way to interact and learn in a global classroom. Our plan is to develop a blended solution of real-life, online and virtual learning to gamify learning and make it far more engaging and fun, working with students in real time around the world.”

The subsidizing round was opened in February 2022 and finished in May 2022. It comes after the grounds auxiliary of Genius Group, Entrepreneur Resorts, raised $0.9 million from existing Entrepreneur Resorts financial backers buying new conventional offers in Entrepreneur Resorts in December 2021 at $2.75 per share, esteeming Entrepreneur Resorts at $38 million. Business visionary Resorts Ltd is a public organization recorded on the Seychelles Stock Exchange (MERJ: ERL). Virtuoso Group Ltd is additionally the greater part proprietor of Entrepreneur Resorts with roughly 95% responsibility for company.

The reserves raised for Entrepreneur Resorts are to finance the send off of a Genius Central collaborating and co-learning grounds in Santa Monica, Los Angeles. This setting will empower understudies to encounter Genius Metaversity on location.

About Genius Group

Genius Group is a world-driving business visionary Edtech and training bunch, with a mission to disturb the ongoing schooling model with an understudy focused, deep rooted learning educational program that plans understudies with the initiative, enterprising and fundamental abilities to prevail in the present market. The gathering has over 2.8 million understudies in 200 nations, going from ages 0 to 100. The gathering incorporates four pre-IPO organizations (the “Pre-IPO Group”), and will incorporate four organizations expected to be obtained at the hour of, or before long, the end of the organization’s first sale of stock in April 2022 (the “IPO Acquisitions”). Two of these four IPO Acquisitions, Education Angels and Property Investors Network, have proactively been consummated.

The business visionary schooling system of our Pre-IPO Group has been conveyed for all intents and purposes and face to face, in various dialects, locally and around the world principally through the Pre-IPO Group’s man-made consciousness (AI)- fueled, customized GeniusU Edtech stage to grown-ups trying to develop their business visionary and authority skills.

The Pre-IPO Group incorporates Genius Group, GeniusU, Entrepreneurs Institute and Entrepreneur Resorts. This gathering of business visionary instruction organizations has developed through natural development and acquisitions, with an emphasis on increasing the value of each organization through GeniusU, which is being created to give AI-driven individual proposals and direction for every understudy. The Pre-IPO Group is presently extending its schooling system to progress in years bunches past its ongoing grown-up crowd, to kids and youthful grown-ups. The four IPO Acquisitions will be the initial moves towards this. They will include: Education Angels, which gives early advancing in New Zealand for kids from 0-5 years of age; E-Square, which gives essential and optional school instruction in South Africa; University of Antelope Valley, which gives professional confirmations and college degrees in California, USA; and Property Investors Network, which gives property speculation courses and occasions in England.

Genius Group’s ongoing arrangement is to join the training projects of the IPO Acquisitions with its ongoing schooling programs and Edtech stage as a component of one long lasting learning framework, and it has chosen these acquisitions since they as of now share parts of the Genius educational plan and its attention on business person education.

https://www.geniusgroup.net/

Forward-Looking Statements

This official statement contains articulations that comprise “forward-looking statements”. Forward-looking explanations are dependent upon various circumstances, a considerable lot of which are past the control of the Company, remembering those set out for the Risk Factors part of the Company’s last plan for its first sale of stock recorded with the SEC. Duplicates are accessible on the SEC’s site, www.sec.gov. The Company embraces no commitment to refresh these assertions for updates or changes after the date of this delivery, besides as expected by law.

Media Contacts:

Ruth Shearman, Senior Account Manager, Adia PR Tel: +44 7971 138 303

Email: ruth@adiapr.co.uk

Leila Dastyar, Account Manager, Adia PR

Tel: +44 7564 334198 Email: leila@adiapr.co.uk

Source: Genius Group Ltd