Jason Fung, former head of gaming at Tiktok, the video-based social media, is launching a blockchain-based gaming startup. The company, called Metao, will focus on providing “blockchain-agnostic” solutions that will allow Web3 game creators to expand their reach and not be limited to just a chain and an ecosystem tied to a certain token.
Metao to Focus on Interoperability
Blockchain is becoming a big element in several companies that are trying to mix gaming with cryptocurrency. Jason Fung, who was the gaming boss at Tiktok, one of the biggest video-based social networks, is reportedly launching a blockchain-based gaming company. Metao, as the startup is being called, will focus on offering a framework for other companies to build blockchain-based games, in the same way in which companies like Unity license their tech to others.
This would make the lives of developers easier, focusing just on the content while dropping the complexities of integrating these mechanisms by themselves. The solution that Metao tries to implement is also directed to increase interoperability and avoid the segregation that many startups face when trying to implement their games in one chain tied to a token ecosystem.
About this, Fung stated:
Right now, if you look at any developer when they implement NFTs or blockchain in their games, they have to choose a single blockchain, be it Polygon or Solana or Binance Smart Chain. But imagine a more interoperable option.
A ‘Blockchain-Agnostic’ Solution
The company, which is just comprised of eight employees including Fung and an undisclosed co-founder, has developed a technology that will allow developers to publish their games using any of the blockchains available, with the benefits of allowing each user to store their tokens and items in their favorite ones. Explaining this, Fung declared:
We’ve built a protocol for game developers, and we take a flexible, blockchain-agnostic approach to their game development. With a protocol that we’re developing, developers can easily build their game leveraging strengths of different blockchains, and allow the user the flexibility of transferring their NFTs cross-chain.
Web3 and blockchain technologies have been adopted by a number of startups in the gaming arena, but none of the really big players in the industry has designed a big IP game around these. However, companies like Ubisoft and Square Enix have talked about the importance of blockchains and NFTs for the future of the industry, and even included this tech as part of their financial plans for the future.
What do you think about Metao, the interoperability-focused blockchain gaming startup? Tell us in the comments section below.