Genius Group Limited (NYSE American: GNS) (“Genius Group” or the
“Company”), a leading entrepreneur edtech and education group,
announces today that it has entered into a joint venture agreement
to develop the Genius Metaversity ‘Life Campus’ with RetreatVR, the
founding team of GeniusX and developers of Retreat App, a virtual
reality education application on the Meta VR Store that hosts
classes featuring top experts in the Metaverse.
Life Campus will be the newest addition of
learning content to the four current virtual campuses on Genius
Group’s Edtech platform, GeniusU, serving its 5.4 million students
from around the world. The current campuses (Entrepreneur Campus,
Investor Campus, University Campus and School Campus) each deliver
freemium and premium courses to their particular audience of
students both digitally and via microschools at locations with
GeniusU’s 14,000 partners globally. Life Campus will complement
these campuses by delivering courses on health, mental health,
relationships, communication and life skills delivered by leading
experts.
The goal of the joint venture is to combine the
strength of GeniusU’s current platform, students and partners
together with RetreatVR’s courses and partners, including those
already developed in virtual reality on the Meta VR store with
Retreat App, featuring experts in creativity, careers, wellness,
mindset, relationships, financial well-being and
entrepreneurship.
The joint venture will build Life Campus
initially on Genius Metaversity, accessible via PC and laptop via
GeniusU, and then to build it to also be accessible with the next
generation of VR headsets in a combination of 2D and 3D as an app
on the Meta Store and Apple Vision Pro platform.
The Company and RetreatVR will also be
developing Genius Group’s Genie AI into an interactive AI teaching
assistant in VR personalized to each student, combining the 3D
avatars that RetreatVR has developed with GeniusU’s Genie AI that
advises each student based on their personal talents, passions,
purpose and learning goals.
The Company anticipates Life Campus will be
market ready and open to its students on GeniusU in Q1 2024.
CEO of Genius Group, Roger Hamilton, said “We
have been working with the RetreatVR team in the development of our
Genius Metaversity 2.0, and we believe that their VR development
team is world class. We are excited to bring their courses and
mentors within RetreatVR to GeniusU, and the topics we will be
covering in Life Campus have been requested by our students of all
ages.”
CEO of GeniusX and the RetreatVR team, Nick
Janicki said “Retreat App was one of the first learning apps on the
Meta VR Store, and we have been grateful to have the support of
Meta, including receiving a Meta grant for the development of our
app. Metaverse tools and interest in the Metaverse has accelerated
tremendously. This joint venture with Genius Group enables us to
use the VR assets and development team we have built to reach a
wider audience and to integrate our mentors and experts with
GeniusU’s courses and community. We’re extremely excited to be
pioneering this new world of learning with GeniusU and Genius
Metaversity.”
About Genius Group
Genius Group is a leading entrepreneur Edtech
and education group, with a mission to disrupt the current
education model with a student-centered, life-long learning
curriculum that prepares students with the leadership,
entrepreneurial and life skills to succeed. Through its learning
platform, GeniusU, the Genius Group has a member base of 5.4
million users in 200 countries, ranging from early age to 100.
For more information, please visit
https://www.geniusgroup.net/
About RetreatVR
RetreatVR was developed by GeniusX, founded by
Nick Janicki, Lyle Maxson and Joe Polish. GeniusX is an XR
development company that provides unique, interactive, immersive
learning experiences for the future of education. RetreatVR has
been launched on the Meta VR Store as Retreat App, a virtual
reality education application on that hosts classes featuring top
experts in the Metaverse. With photo realistic backgrounds and
real-life videos of educators, students get to choose their own
virtual reality adventure through interactive learning worlds,
customized group classrooms, and exquisite immersive
environments.
For more information, please visit: https://retreatvr.io/
Investor Notice
Investing in our securities involves a high
degree of risk. Before making an investment decision, you should
carefully consider the risks, uncertainties and forward-looking
statements described in our most recent Annual Report on Form 20-F,
as amended for the fiscal year ended December 31, 2022, filed with
the SEC on June 6, 2023 and August 3, 2023. If any of these risks
were to occur, our business, financial condition or results of
operations would likely suffer. In that event, the value of our
securities could decline, and you could lose part or all of
your investment. The risks and uncertainties we describe are not
the only ones facing us. Additional risks not presently known to us
or that we currently deem immaterial may also impair our business
operations. In addition, our past financial performance may not be
a reliable indicator of future performance, and historical trends
should not be used to anticipate results in the future. See
"Forward-Looking Statements" below.
Forward-Looking Statements
Statements made in this press release include
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934. Forward-looking statements can be
identified by the use of words such as “may,” “will,” “plan,”
“should,” “expect,” “anticipate,” “estimate,” “continue,” or
comparable terminology. Such forward-looking statements are
inherently subject to certain risks, trends and uncertainties, many
of which the Company cannot predict with accuracy and some of which
the Company might not even anticipate and involve factors that may
cause actual results to differ materially from those projected or
suggested. Readers are cautioned not to place undue reliance on
these forward-looking statements and are advised to consider the
factors listed above together with the additional factors under the
heading “Risk Factors” in the Company's Annual Reports on Form
20-F, as may be supplemented or amended by the Company's Reports of
a Foreign Private Issuer on Form 6-K. The Company assumes no
obligation to update or supplement forward-looking statements that
become untrue because of subsequent events, new information or
otherwise.
Contacts
Investors:Flora Hewitt, Vice President of Investor Relations and
Mergers and AcquisitionsEmail: investor@geniusgroup.net
Media Contacts: Adia PREmail: gns@adiapr.co.ukUS
Investors: Dave GentryRedChip Companies
Inc1-800-RED-CHIPGNS@redchip.com
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