Ex-TikTok Gaming Head Launches Blockchain Gaming Startup, Meta0
Jason Fung, former head of TikTok's gaming unit left the company on July 5, 2022 to start a blockchain gaming startup called Meta0. Fung Fung is expected to have a wide range of responsibilities, including serving as Meta0's CEO, turning Meta0 into an ecosystem of game developers, channeling partners, and working on L1/L2 blockchains that run on Meta0 as a Layer-0 protocol, overseeing fundraising campaigns, partnerships, and other strategic decisions
Commenting on the development Fung said, "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…So we decided, let's do it. Let's co-found this company. Let's give up my cushy corporate life at TikTok and take a giant risk."
"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," he added.
Prior to this, Fung reported to Vanessa Pappas, TikTok's chief operating officer. Earlier, he led the e-sports units at Alibaba Group Holding and Electronic Arts in Asia. It was under Fung's leadership that TikTok purchased gaming studio Moonton for USD 4 billion and launched pilots of mini-games on their social media app in select locations.
