Twitch co-founder raises $24 million for his Web3 gaming company
One of the founders of the Twitch video broadcasting platform, Kevin Lin, has announced a $ 24 million fundraiser for the development of his blockchain game DuskBreakers on 3 Metatheory.
In this way, the company providing services in the field of games and entertainment will be able to be implemented as soon as possible and provide access to the game to anyone. We remind you that the owners of non-fungible tokens (NFT) science fiction franchises will be able to build a common experience and influence the development of the plot.
Fundraising for the development of the gaming industry Web 3
Game and entertainment company Web 3 Metatheory has announced a fundraiser of about $ 24 million to develop its own game. This was announced by the owner of the company and co-founder of Twitch Kevin Lin. Currently, Metatheory’s main project is the science fiction franchise DuskBreakers, which includes not only games but also comics and non-fungible tokens (NFT).
This fee was announced to ensure that Metatheory continues to develop the project through additional staffing, research, and marketing. The American venture capital fund Andreesen Horowitz (a16z) was responsible for the first round of meetings for the DuskBreakers project, and the main investors were the cryptocurrency hedge fund Pantera Capital, the venture company FTX Ventures, and the cryptocurrency investment company Dragonfly Capital.
Kevin Lin, CEO of Metatheory, also commented on the development of his project: “After I left Twitch to explore what will happen next in the industry, I truly believe that the blockchain will open the door to even greater opportunities and have a significant impact on games, stories, and community space.”
$ 24 million for the main DuskBreakers project
Metatheory currently has about 40 employees, but the company has also received significant support from Twitch, co-founded by Kevin Lin. Thus, thanks to the partnership, Metatheory and Twitch were able to achieve great success in the development and promotion of the project.
In addition, raising about $24 million will launch the DuskBreakers blockchain game as soon as possible. We remind you that the release of this project should take place in the third quarter of 2022. “Metatheory’s first project, DuskBreakers, is an interactive world of intellectual property, inspired by science fiction, built on the blockchain. Through DuskBreakers NFT owners can directly influence the development of a shared story that will unfold through future games and media experiences. — comments on this project’s venture fund, Andreesen Horowitz.
The DuskBreakers community now employs 20,000 people, each working on project development, game development, and non-fungible tokens (NFT) to create a user-dependent financial system. Therefore, thanks to such significant financial support, the company has a chance to implement more than one promising project.
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