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Twitch’s Kevin Lin raises $24 million for his studio and blockchain games – MetaTheory

3 years ago
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Whereas referred to as one of many Co-Founders behind Twitch, Kevin Lin has arrange his personal blockchain studio referred to as ‘MetaTheory’. Having been launched in December 2021, the studio has already managed to boost $24 million for its flagship blockchain recreation – DuskBreakers.

Main the funding spherical was Andreessen Horowitz, adopted by different companies like Pantera Capital and FTX Ventures.

In the same play to different recreation growth studios with a give attention to internet 3 and blockchain, MetaTheory seeks to reveal the facility of each in elevating the gaming expertise for builders and gamers. MetaTheory places extra of an emphasis on working with already sturdy manufacturers with IPs which have agency traction amongst followers.

Surprisingly, Kevin Lin is simply the most recent Twitch Co-Founder to enterprise into blockchain & NFTs. For instance, fellow Twitch Co-Founder Justin Kan established his personal NFT video games market referred to as ‘Fractal’.

Set in a digital world 50-60 years sooner or later, gamers scavenge a mysterious spaceship hovering above Earth referred to as ‘Nightfall’. The primary wave of gamers was capable of acquire NFTs first in a mechanic that Lin refers to as ‘Play-To-Mint’.

With the intention to help the event of the sport, MetaTheory minted and launched a sale of 10,000 ‘Genesis DuskBreakers’ NFTs. The tip outcome? The group managed to promote out this primary wave in simply 6 days. For gamers, it’s a useful alternative to participate within the first expedition to the spaceship in-game.

Discover out extra about Duskbreakers right here.



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Tags: blockchainGamesKevinLinMetatheorymillionraisesStudioTwitchs
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