Thu, April 25

Blockchain Gaming Startup launched by TikTok Ex-Executive

Blockchain Gaming Startup launches by TikTok Ex-Executive Blockchain News
  • Meta0 has developed a decentralized threshold crypto custody for email authorization.
  • It will present a set of APIs that enable interacting with NFTs on many networks.

On Tuesday, Jason Fung ex-chief head of the gaming division at TikTok has launched a blockchain-based game infrastructure startup called Meta0. This step intends to connect multiple metaverses to enable the transfer of non-fungible tokens (NFTs) between various blockchains.

Jason Fung is CEO of Meta0, a company that develops white-label application programming interfaces (APIs) and software development kit-based solutions to make blockchain integrations for game creators simpler.

Jason stated in the proposal that;

Several industries, including gaming, need a unified, trusted decentralized blockchain-agnostic protocol for minting, bridging, and trading NFTs. The protocol should be an open-entry solution rather than a marketplace of individual independent technologies.

The Meta0 Protocol Intension 

According to its proposal, Meta0 strives to increase the possibility for developers to utilize the advantages of other blockchains, such as merging Solana’s quicker and cheaper transactions with Ethereum’s security and DeFi services. 

Meta0 has developed a decentralized threshold crypto custody for email authorization in order to produce the simplest user-flow feasible. Layer 0 is a protocol that offers more chances than any particular protocol, while Meta0 is an abstract level as it merges various protocols with a single API.

It will present a set of APIs that enable interacting with NFTs on many networks, regardless of the token standard used in the background (ERC 721, Solana, WTS, etc.). Because it is required to give the user an option to which blockchain to issue and utilize NFTs. 

There is no need to rely on a single blockchain or create a platform around the limitations of a single blockchain. By default, Meta0 speeds up all blockchain processes to cut down on cross-network expenses. 

Its biggest optimization is parallelizing the actions of minting, exchanging, bridging, and burning tokens. Despite the fact that the launch of Meta0 comes at a volatile moment for the cryptocurrency market.

A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.