After 3 years of building the all-in-one web3 mobile platform MetaverseGo, Ash Mandhyan, steps back as the startup’s CEO and rejoins TikTok.
Key details:
- In a LinkedIn post, Mandhyan shared that he left TikTok three years ago to launch his own startup, MetaverseGo, which aimed to simplify web3 access.
- He noted that despite initial traction, the company faced challenges that led him to step back.
- Nonetheless, he highlighted that his co-founders will continue the mission of MetaverseGo.
Mandhyan has now rejoined TikTok in a role focused on AI, data, and ad solutions.
Key quote:
“Of course, this move also comes with the bittersweet reality of stepping back from a company I poured everything into. But while my journey with it has paused, I’m grateful that my co-founders are pushing forward, and I genuinely wish them the best as they continue to build… Looking back, I always knew things might not go as planned—but I never wanted to live with the regret of not trying.”
Ash Mandhyan, Former CEO, MetaverseGO
What is MetaverseGo: It is a web3 mobile platform that allows new players to join seamlessly using just a mobile phone login. MetaverseGo allows users to skip the lengthy, complicated, and risky process of setting up multiple accounts for play-and-earn games.
MetaverseGo News as covered by BitPinas:
- In 2022, MetaverseGo was introduced as a decentralized web3 platform designed to provide easy access to NFT games, guild participation, and digital assets for both new and experienced players using just a mobile number.
- In August 2022, the firm raised $4.2 million in a seed round to enhance software development, secure telecom partnerships, and expand its team.
- During the Mid-Winter Fireside Chat last August 2022, Mandhyan emphasized its mission to simplify web3 gaming access using mobile numbers and highlighted its resilience in building during the crypto winter at the Mid-Winter Fireside Chat.
- By November 2022, MetaverseGo partnered with Globe to simplify web3 access for Filipinos, allowing users to explore play-to-earn games and NFTs using just their Globe mobile numbers.
- In July 2023, Globe and MetaverseGo expanded their partnership to promote web3 and innovation education in the Philippines.
Between the lines: While MetaverseGo gained traction with partnerships like Globe, the web3 space remains challenging, especially amid evolving market conditions.
This article is published on BitPinas: Ash Mandhyan Steps Down as MetaverseGo CEO, Returns to TikTok
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