Metatheory, a Web3 gaming startup based by Twitch co-founded Kevil Lin raised $24M in a funding spherical.
The cash raised can be used for upcoming nonfungible tokens, comics, and a play-to-earn sport anticipated to launch later this yr referred to as Nightfall Breakers. The spherical was led by crypto capital enterprise Andreessen Horowitz (a16z). The spherical noticed participation additionally from:
- Pantera Capital.
- FTX Crypto Change.
- FTX Ventures.
- Breyer Capital.
- Metic Circle and extra.
“Constructing immersive digital experiences has at all times been a ardour of mine, and after stepping away from Twitch to discover what’s subsequent within the business, I really consider blockchain will open the door to much more prospects and have a significant influence on the gaming, storytelling and neighborhood constructing house.”
These have been the phrases Kevin Lin mentioned about his web3 gaming firm and why he left Twitch to go after his true passions.
When Kevin left Twitch and created Metatheory again in November of 2021, he wrote in a medium article that “almost a yr has passed by since I left Twitch.” He said that the time he took off was to discover and at last wrap his thoughts all over the world of blockchain and that its potential for the longer term has reenergized him.
That’s how Metatheory was created!
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