Web3 Startup Naetion Secures $150m Investment From GEM

COPENHAGEN, Denmark, May 10, 2022 (GLOBE NEWSWIRE) — Work, and the culture around it, has found new expression in web3 through art, gamification, exclusive communities, and events. Naetion, billed as the “New World of Work,” operates at the intersection of consumer and crypto, unlocking access to the emerging web3 market for the mainstream user.

Naetion CEO Alexander Rindom-Andersen believes that when it comes to the blockchain’s impact on work, the possibilities are infinite – no matter your profession. “GEM Digital’s investment will help Naetion bring very tangible influence to this sector, enabling the growth of our cutting-edge products, native token $NTN, as well as utility NFTs,” said Rindom-Andersen. 

The Naetion products include HAELP, a decentralized, retail-first network of service providers, creators, and talent which allows its members to easily show, sell, and manage their skills – while retaining 100% of their earnings; Paeyroll, which streamlines human resources for web3 startups with global compliance built-in, converting payroll into revenue and managing the processes of hiring, onboarding, benefits, and expenses; and Monaey, a neobank for everything…

Read more at www.globenewswire.com

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