Former Head Of TikTok Gaming Unit Set to Launch Blockchain Gaming Startup Called Meta0

Jason Fung has announced his entry into the blockchain gaming industry through Meta0, which hopes to solve the interoperability problem in the industry.

Jul 7, 2022
by Michael
Former Head Of TikTok Gaming Unit Set to Launch Blockchain Gaming Startup Called Meta0
News

Jason Fung, the head of TikTok's gaming unit, has left the company to start a Blockchain-based gaming start-up as a co-founder. Fung left last month after spending two years with the firm. 

Before joining TikTok, he was head of the esports units in Alibaba Group Holding and Electronic Arts in Asia. This exit is coming at a crucial period where TikTok and the parent company ByteDance are heavily investing in the ever-expanding Blockchain gaming industry, which is already worth $300 billion. However, neither Fung nor TikTok has commented on the replacement for the prized position.

Reason For the Exit From TikTok

Building Meta0 was central to Fung's decision to leave TikTok. He commented, 

"I left TikTok because I saw a clear opportunity to offer a solution to the current segregated nature of infrastructure options available to developers looking to build blockchain games, this is a problem in the market worth solving."

According to Fung, developers trying to implement NFTs in their games usually have to choose a single blockchain which may be Polygon, Solana or Binance Smart Chain. Through his startup, he hopes to address this obstacle by providing a solution that promotes interoperability. This reason was good enough for him to leave the comfortable corporate business life to take on a considerable risk by starting his own venture.

The Meta0 founding team comprises eight members, including the two co-founders, and the firm just concluded its first round of funding with plans to explore other funding options to support the actualization of its goals.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
We have sent you an email, please confirm!


News Filter
Play Games Now
Galaxy Fight Club
Galaxy Fight Club
illuvium
illuvium
Gods Unchained
Gods Unchained