Former Twitch execs launch Web3 gaming content platform and raise $15M in funding

Former Twitch execs James Cook, Ernie Lem and Ben Stuek launched the Web3 gaming content platform FreshCut and raised $15 million in funding led by Galaxy Interactive, Animoca Brands and Republic Crypto.

Built for game developers and fans alike, the company aims to combine Game and Web3 with short, high-quality sports and gaming videos that reward participation and engagement by issuing community tokens for engagement, such as content uploads.

“Demand for short-form content has grown exponentially, largely due to generations of attention and changing consumer habits,” said Cook, former global head of business development and strategic partnerships at Twitch. “At the same time, there is a growing desire for creators and fans to be rewarded for their contributions to the community and platform more appropriately and sincerely. The FreshCut team and I are striving to create a platform that provides a highly entertaining and curated content experience while bringing value back to short-form gamers and creators.

Game content like Super Smash Bros. Warzone, League of legends, Street fighter s Brave man He will be involved, as well as work from renowned creators including Mystic7, Brycent and Chief Pat.

“We are pleased to partner with FreshCut, an experienced team that builds solutions for gaming content creators and enables a new ecosystem of curated, personalized content for new users looking to disconnect from Web2 gaming content platforms other than them. reward. “Your time or effort,” added Richard Kim, CEO of Galaxy Interactive.