AUSTIN, Texas–(BUSINESS WIRE)–Fundamental Labs, a blockchain and digital asset focused venture capital firm, has announced the recent hiring of Vinayak Rao as Principal, GameFi Lead. Rao will primarily be responsible for supporting founders through investments and resources across the Web 3.0 and blockchain gaming ecosystem.
Prior to joining Fundamental Labs, Rao worked for Facebook where he was leading the social network’s Gaming Product Partnerships team, launching its Tournaments platform which serviced grassroot organizers and large-scale publishers. He also launched Rival Peak, a reality TV show simulated entirely within a game engine – a platform that enabled games to be playable on top of video content blurring the line between viewership and gameplay.
Commenting on his appointment Rao said, “I’m a lifelong gamer and have always valued the opportunity to…