FinTech news in alexandr wang category

Los Angeles-based Stacked, co-founded by serial entrepreneur Alex Lin, is making a video streaming platform for gaming content — basically Twitch for web3 users, the founder and CEO told journalist. Lin didn’t set out to develop Stacked for the crypto crowd, but Pantera Capital convinced the founder that blockchain will play a critical role in next-gen mobile games. Having founded two ventures before — YC-backed mobile gaming company LVL6 and social shopping mobile app Hush — Lin has seen enough market ups and downs to not fret too much over the current crypto bear market. The founder remains skeptical of certain P2E games that tend to exploit users, but he’s bullish that high-quality titles will eventually emerge, akin to how free-to-play went from a widely despised monetization strategy to a genre with successful hits.