Web3 Gaming Company Metatheory Raises $24 Million With Backing From A16z, Pantera, and FTX – Bitcoin News

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Metatheory, a Web3 gaming company that combines entertainment experiences with blockchain elements, informed it has raised $24 million in its Series A funding round.

, makers of Axie infinity. Other participants include Pantera Capital and FTX Ventures, Breyer Capital, Merit Circle, Recharge Thematic Ventures, Dragonfly Capital Partners, Daedalus, Sfermion, and Global Coin Research.Web3 Gaming AdvantagesMetatheory is among a group of companies trying to blend gaming elements with blockchain and play-to-earn mechanics in order to produce high-end entertainment experiences.

About this, Lin stated:I truly believe blockchain will open the door to even more possibilities and have a major impact in the gaming, storytelling and community building space.According to the company, a staff of veteran devs will differentiate its products when compared to other, less refined blockchain games, already having a team of 42 employees devoted to these tasks.

 

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Twitch co-founder raises $24M for Web3 gaming firm MetatheoryMetatheory, a Web3 and NFT gaming company started by Twitch co-founder Kevin Lin last year, raised $24 million from crypto and Metaverse focused venture capital firms. should this exploit be fixed? kevinlin jessecogo Hope they can really do some amazing job kevinlin jessecogo CraigRussellCDR Danielartstuff
Source: Cointelegraph - 🏆 562. / 51 Read more »