Home Crypto Twitch co-founder raises nearly $23 million for Web3 gaming company Metatheory

Twitch co-founder raises nearly $23 million for Web3 gaming company Metatheory

Twitch co-founder raises nearly $23 million for Web3 gaming company Metatheory

Kevin Lin, the co-founder of the streaming platform Twitch, also founded the Web3 gaming and entertainment company Metatheory. He has now raised an investment of $24 million (almost $23 million).

DuskBreakers

In November of 2021, Metatheory was launched. This is about a year after Lin officially left Twitch. At the time, however, he disclosed that he was working on a gaming company and a blockchain video game called “DuskBreakers.” He said the following about this:

“Building immersive digital experiences has always been a passion of mine, and after leaving Twitch to explore what’s next in the industry, I truly believe that blockchain will open the door to even more possibilities and make a big impact.” have on gaming, storytelling and space for community building.”

Launch DuskBreakers

DuskBreakers was released at the end of last year (December 2021). The Ethereum-based game implemented a “play-to-mint” model for the first 10,000 non-replaceable tokens (NFTs). Those looking to grab an NFT will have to play an arcade-style game to validate their whitelist entry.

Now, the team behind DuskBreakers is reportedly planning to release comics and animations to continue the storyline, and additional NFTs and content are in the works at Metatheory with an earn-ahead game launching in Q4 2022. .

Blockchain games are making huge popularity for themselves. More and more major players from the gaming industry are now working on the new type of video games. For example, Square Enix is ​​working on various blockchain titles. It seems that this trend will continue to develop strongly in 2022. This could make the gaming world look significantly different in the coming years than it does today, at least in terms of rewards.

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