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Web3 company Metatheory raises $24 million to launch NFT game "DuskBreakers"

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This round of financing was led by a16z, with participation from Pantera Capital, FTX Ventures, and Dragonfly Capital.
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This round of financing was led by a16z, with participation from Pantera Capital, FTX Ventures, and Dragonfly Capital.

This article comes fromDecrypt, original author: Kate Irwin

Odaily Translator | Nian Yin Si Tang

This article comes from

, original author: Kate Irwin

Odaily Translator | Nian Yin Si Tang

Web3 game and entertainment company Metatheory announced the completion of a new round of financing of US$24 million. This round of financing was led by Andreessen Horowitz (a16z), with participation from Pantera Capital, FTX Ventures, and Dragonfly Capital.

Founded by Kevin Lin, co-founder of Twitch, a live-streaming video platform for video games, Metatheory is currently developing its flagship project "DuskBreakers," a sci-fi series with two mini-games. The project uses NFTs that give ownership of DuskBreakers characters.

“After leaving Twitch to explore the next direction of the industry, I really believe that blockchain will open the door to many more possibilities and make a big impact in the field of games, storytelling and community building.” Lin said in a statement stated in the statement.

Metatheory's Head of Content Bernie Su and Narrative Designer Jen Enfield-Kane from Twitch's exclusive "Artificial Next," an interactive live show about artificial intelligence that has aired for four seasons.

Unlike most blockchain games that can only be played through a web browser, Metatheory has its own game launcher, allowing players to choose to play "DuskBreakers" through a browser, or through the game launcher on their own computer.

image description

Image credit: DuskBreakers NFT on OpenSea

The NFT series is based on Ethereum and contains a total of 10,000 DuskBreakers NFTs. The current floor price is 0.27 ETH (about 560 US dollars), and only 9 NFTs are considered to be the "canon" of the DuskBreakers game plot, which means that No other NFT is part of the game's main narrative and storyline. Back in December, after Metatheory released a "play-to-mint" DuskBreakers minigame called "The Recruit Simulator," these NFTs sold out within a week. Users can also get a DuskBreakers genesis NFT through this mini-game.

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