A lot of hype surrounds Web3, a key concept that promises a better method to secure digital ownership of virtual goods.
Timmu Tõke, CEO of Ready Player Me, has been working on virtual goods via his company, which has developed a cross-game avatar platform for virtual worlds used by more than 6,000 companies.
Tõke says his company is on a mission to break down the virtual walls to build a more open and connected metaverse. The company has attracted $72 million in venture capital from a16z, Plural, Konvoy Ventures, Justin Kan (co-founder of Twitch), Tom Preston-Werner (co-founder of Github), Riccardo Zacconi (co-founder of King) and others.
He joined Chris O'Brien, editor of The French Tech Journal, on stage at TechChill to break down how Web3 and tools like NFTs are building a new virtual economy.