SuperGaming and WazirX Co-founder Siddharth Menon part ways on web3 startup Tegro
- ByStartupStory | October 4, 2022
Siddharth Menon the co-founder of WazirX and the Pune-based firm SuperGaming had announced a partnership earlier this year to start Tegro, a web3 gaming marketplace. But only a few months after that announcement, Menon and SuperGaming have gone their separate ways, with the former’s CEO Roby John only continuing in an advisory role.
A SuperGaming spokesperson told Entrackr.“There is no “break-up” happening between SuperGaming and Tegro,we are in the midst of restructuring to ensure smoother operations: Tegro is the B2C platform being built by an independent team at Tegro and SuperGaming will be building the incubation platform for Web3 games with advisory & economics.”
The Tegro’s pitch as well as its fundraising goals have been ambitious,the partnership aimed at reshaping in-game marketplaces that relied on crypto with a sustainable model, and developing games around this framework. Tegro is starting work on an “open source model” of an in-game economic model called Tegronomics, Menon said on Twitter earlier. “Gamers are more familiar with the concept of digital assets than the general public,” Menon said in a post, explaining why he thought crypto uptake among gamers would be high.
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