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Twitch co-founder raises $24M for Web3 gaming firm Metatheory

Web3 gaming and entertainment company Metatheory founded by Twitch co-founder Kevin Lin has raised $24 million in a Series A funding round on Monday. The round was led by crypto capital venture firm Andreessen Horowitz (a16z), with participation from Pantera Capital, the venture arm of the FTX cryptocurrency exchange, FTX Ventures, and other venture firms, according to the announcement. Metatheory was launched in November 2021 around one year after Lin left Twitch, where he wrote in a Medium article at the time that he was creating the gaming company and also a blockchain game called DuskBreakers. Lin was quoted in this week’s announcement as saying: “Building immersive digital experiences has always been a passion of mine, and after stepping away from Twitch to explore what’s next in...

This 15-Year-Old Twitch Streamer Has Festival-Grade Pyro and Lasers In His Bedroom for CoD Celebrations

It’s official: Crossmauz is the greatest Twitch streamer of all time. There are few better feelings than getting the last kill in an intense Call of Duty game and securing the win for your squad. Some people stand up and scream in joy. Others do a little dance. But a rare, elite few decide to ignite a flamethrower. Enter Crossmauz, a 15-year-old Twitch streamer who has set up festival-grade lasers, lights, sound and pyrotechnics—yes, really—for his CoD celebrations. Taking place in what appears to be his small bedroom, after queuing up some hard dance music, he unleashes a barrage of laser beams, strobe lights and literal walls of flames that appear dangerously close to the ceiling and furniture around him. Onscreen visual effects blitz viewers as our star screams into the mic and lo...

Marc Rebillet to Star in “Talk Show Inside of a Sitcom” On Amazon Music

You better watch Marc Rebillet‘s new show or he will be very upset with you. Coming this week to Amazon Music‘s Twitch channel is a new biweekly show hosted by Rebillet, affectionately known as Loop Daddy. Titled We’ve Got Company, the program will feature special guests, gaming, audience interaction, and of course, some improvised performances from Rebillet and his friends. Described by Rebillet as “a talk show inside of sitcom,” the first episode of We’ve Got Company will feature an appearance from the multimedia mastermind Flying Lotus filmed in the style of those classic, comforting TV shows. Considering the duo’s penchant for absurdity and Rebillet’s tendency to shed his clothing, we can already imagine how much the executives who g...

Daft Punk Return to Social Media, Spark Comeback Rumors On 1-Year Anniversary of Split

Oh Daft Punk, why are you doing this to us? On the one-year anniversary of their shocking split, the legendary duo have returned to social media—and sent it into a fever pitch. The resurrection is—of course—cryptic in nature, but they seem to be rolling out a plan ahead of some sort of announcement. It started today after Daft Punk’s verified Instagram account shared an image of the duo’s logo, but refrained from including a caption. Less than an hour later, Daft Punk posted an old flier from the Los Angeles stop of “Daftendirektour,” the duo’s first-ever concert tour which spanned from January to December 1997. The performance took place at the Mayan Theatre on the December 17th of that year. Recommended Articles This post has led many to believe th...

Twitch Reaches Deal With Merlin for Independent Labels

Live streaming platform Twitch has entered into an agreement with digital music licensing service Merlin to create revenue-earning opportunities for independent artists. Merlin represents more than 20,000 labels and hundreds of thousands of artists from every country in the world, who can now interact with fans, generate earnings and build community on Twitch. Similar to the recent agreements formed between Twitch and Universal Music and Warner Music’s recorded music divisions, the Merlin partnership is not a licensing deal. “We’re thrilled to collaborate with Twitch for this groundbreaking deal,” said Merlin CEO Jeremy Sirota in a release. “We’ve been engaged in conversations with Twitch since the day I started at Merlin, and I’m pleased that our team found a path for Merlin members and t...

Fan Controlled Football raises $40M to expand league with Bored Apes and Gutter Cats

Alternative sports organization Fan Controlled Football (FCF) has raised $40 million in Series A funding from crypto and blockchain gaming firms to support the league’s expansion plans, including four new teams and an NFT project. The FCF was founded in 2017 by Sohrob Farudi, Patrick Dees, Ray Austin and Grant Cohen and hosted its debut season inside a bubble environment in Atlanta amid the pandemic last year. The FCF features an indoor version of American football in a seven vs seven-player format, and the games are streamed live on Twitch. The unique feature of the league is that the teams are governed by their fans, who have voting rights on anything ranging from player acquisitions, in-game plays, branding and team selection. For the upcoming season, NFTs will play a key role in the vo...

Fractal: 110K join Discord of Twitch founder’s new NFT gaming marketplace

Twitch co-founder Justin Kan launched a new blockchain gaming-focused nonfungible token (NFT) marketplace on Thursday dubbed Fractal. Fractal’s Discord group has since amassed more than 111,000 members despite only being announced two weeks ago. At the time of writing, it appears that the most significant sale on the platform so far was for a “Baby Scoot” NFT that went for 4 Solana (SOL) worth roughly $680. The Solana-based marketplace enables users to buy, trade and hold NFTs used in blockchain games. In an announcement made on Thursday, the firm unveiled its first partnered blockchain games, including The Sandbox, Nyan Heroes, Caveworld and Genopets, to name a few. first of all: we are live https://t.co/y2yO4R7Ty2 — fractal ❄️ (@fractalwagmi) December 30, 2021 As part of th...

Watch Disclosure Break Down Project File of “Latch”

In a recent livestream on Twitch, Disclosure‘s Guy Lawrence provided aspiring producers and longtime fans an intimate look inside the duo’s hit collaboration with Sam Smith, “Latch.” Lawrence states that the version of “Latch” from the video is what we’ve all come to know and love, but they also have a newer version produced with fresh plugins. He covers various aspects of the song in Logic, including its drum programming, vocals, and chords. Lawrence additionally notes that their songwriting style has evolved immensely since writing the hit single in 2012. After a quiet few years following the 2015 release of their sophomore album Caracal, Disclosure have been unstoppable. In 2020 they dropped their third album, Energy, fo...

Twitch Launches Incubator Program and “Livestream Playbook” to Reinvest In Music Creators

Amid an embattled relationship with creators and music industry stakeholders, Twitch is looking to reset the clock with The Collective.  According to the Amazon-owned streaming platform, The Collective is aimed at coaching artists to get the most out of livestreaming in the midst of what it calls a paradigm shift in music. According to Music Business Worldwide, the program has three distinct segments: “The Livestream Playbook for Music,” “Invite-Only Collectives,” and “Ongoing Backing From Twitch.” Acceptance into The Collective is based on Twitch’s decision regarding each artist’s application. Those accepted will receive hands-on support from Twitch in a variety of disciplines. First, Twitch’s music team will lead creators th...

Controversial Twitch Leak Highlights Gap In Compensation Between Streamers and Musicians

A massive leak in confidential data from Twitch is highlighting the disparity between the take-home pay of the platform’s top gamers versus artists.  The breach, which was confirmed by Twitch on October 6th, reportedly amounted to over 100GB of crucial data stolen, according to BBC News. At the time of writing, Twitch’s analysis of how it all happened is still ongoing. In the meantime, the internet has been feverishly dissecting the documents, some of which contain sensitive information related to compensation. For the music industry, there’s at least one key takeaway: there is a wide gulf between the earnings of top gaming personalities versus the platform’s top musicians.  The top earning musician on Twitch from August 2019 to October 2021 is prolif...

Twitch Claims “Server Configuration Change” Allowed Hackers To Gain Access Private Information

HipHopWired Featured Video Source: Anadolu Agency / Getty Following a massive hack, Twitch has released an update on the situation. Here is what you need to know. It’s been a lousy month for technology. First, Facebook and its family of social media apps suffered a massive outage due to a mistake on their end. Now, Twitch has confirmed in a tweet that it was indeed the victim of a massive data breach which resulted in its source code and other private information leaking out. The Twitch spokesperson revealed a hacker gained access to the company’s servers due to a misconfiguration change. “We can confirm a breach has taken place,” the tweet reads, “Our teams are working with urgency to understand the extent of this. We will update the community as soon as additional information is availabl...

Black Twitch Streamers Are Taking A Stand Against Online Harassment Endured On The Platform

HipHopWired Featured Video Source: SOPA Images / Getty Black Twitch streamers are fed up and are taking a stand against the online harassment they endure on the popular streaming platform. There are literally no safe spaces for Black and brown people to enjoy doing the things they love, even playing and streaming video games. Black Twitch streamers have been subject to countless forms of online harassment, including hate raids, doxxing, swatting, and other forms of abuse after they called for more significant equity and protections for Black users with the #TwitchDoBetter campaign.  Despite many complaints and the recent #ADayOffTwitch campaign where Black streamers protested the platform to shed light on the online harassment, Twitch has yet to take action. As seen on ...