/Companies

Eternal

AcquiredYC W20

Los Angeles, US · 15 employees · 24 known investors

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Eternal is a Los Angeles NFT marketplace for trading Twitch streamer clips, a Y Combinator W20 company now listed as acquired.

Also known as Zelos Gaming Inc. · Zelos

ConsumerGamingEntertainmentVideoMediaLiveUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (W20)

JTJeffrey Tong
Jeffrey TongFounder
AMAlex Mather
Alex MatherFounderFounder/CEO at The Athletic
RJ
Reggie JamesFounder
JH
Jelyn HermosaChief of Staff
DCDerek Chiang
Derek ChiangFounder at ZeroDev

Investors · 24

468 CapitalreportedBerlin

How we know: Y Combinator's founder network · Not right? Tell us

Ambush CapitalreportedNew York

How we know: Y Combinator's founder network · Not right? Tell us

Canaan PartnersreportedStamford · $500K – $20M

How we know: Y Combinator's founder network · Not right? Tell us

Carbonated Inc.reported

How we know: Y Combinator's founder network · Not right? Tell us

Cathexis VenturesreportedHouston · $250K – $1M

How we know: Y Combinator's founder network · Not right? Tell us

Global Founders CapitalreportedBerlin · $1M

How we know: Y Combinator's founder network · Not right? Tell us

Imran Khanreported

How we know: Y Combinator's founder network · Not right? Tell us

NFXreportedSan Francisco · $250K – $5M

How we know: techcrunch.com · Y Combinator's founder network · Not right? Tell us

Qiao Wangreported

How we know: Y Combinator's founder network · Not right? Tell us

Village GlobalreportedCovina · $500K – $3M

How we know: Y Combinator's founder network · Not right? Tell us

Company profile

researched Aug 2026

Eternal (eternal.gg) is a Los Angeles–based company that operated an NFT marketplace for trading clips of Twitch streamers, described by Y Combinator with the tagline "Own the best moments in streaming" and categorized under entertainment, video, media and live [3]. A company-directory profile characterizes the business as a blockchain-based marketplace platform for fan engagement, spanning gaming and interactive entertainment, fintech and marketing/commerce technology sectors [4].

The company participated in Y Combinator's Winter 2020 batch and is recorded there with a team size of 15 and a status of "Acquired" [3]. A directory profile gives a founding year of 2019 and names Derek Chiang and Jeffrey Tong as founders, while a separate headcount range of 50–200 appears on the same page without supporting detail [4]. Available sources do not identify an acquirer, an acquisition date, or disclosed financial terms.

Several similarly named entities appear in public sources and are distinct from this company: Eternals, an online tabletop wargame by Lance Games; Eternal.ag, a greenhouse robotics developer; an athlete-focused longevity healthcare company also called Eternal; the 2009 MMORPG Earth Eternal; and Eternal Limited, the Indian listed holding company formerly named Zomato. None of these relate to eternal.gg.

Business model

Sources describe Eternal as operating a marketplace where users buy and trade NFTs representing Twitch streamer clips, positioned as a fan-engagement platform [3][4]. The sources do not detail pricing, fee structure or how revenue is generated.

Traction

Y Combinator lists a team size of 15 for Eternal [3]. A directory profile reports no available figures for annual revenue, net profit, EBITDA or employee count, while separately showing a headcount band of 50–200 [4]. No user, transaction or volume metrics appear in the sources.

Latest developments

The most recent Eternal-specific item in the sources is Y Combinator's listing of the company as acquired, together with a linked September 28, 2021 TechCrunch headline reporting that Mark Cuban and Coinbase backed the NFT marketplace [3]. A directory profile likewise names Mark Cuban and Coinbase Ventures as investors and references coverage titled "NFT Marketplace Eternal Gets Funding From Coinbase & Mark Cuban" [4].

▸Full profile — market position, technology, go-to-market, history, risks & controversies

Market position

A directory profile places Eternal among NFT, metaverse and digital-collectible platforms, listing Virtua, DoubleMe, Klaytn Foundation, STYLE Protocol, ARterra and PolkaFantasy as competitors, with ARterra similarly described as an NFT-based collectibles provider for esports enthusiasts [4]. The sources provide no market-share, revenue or user-base figures for Eternal.

Technology

The product is described as blockchain-based, using non-fungible tokens to represent ownership of streaming clips traded on the company's marketplace [3][4]. No further technical detail, such as the underlying chain or infrastructure, is given in the sources.

Go-to-market

Coverage frames the offering around streaming audiences and fans seeking ownership of notable moments from Twitch streamers, i.e. viewers and collectors in the live-streaming and gaming community, alongside the streamers whose clips are traded [3][4].

History

A directory profile states the company was founded in 2019 in Los Angeles by Derek Chiang and Jeffrey Tong [4]. Eternal went through Y Combinator's Winter 2020 batch [3]. In September 2021, press coverage reported backing from Mark Cuban and Coinbase for the Twitch-clip NFT marketplace [3][4]. Y Combinator's directory now lists the company's status as acquired [3].

Risks & controversies

The sources contain no reports of controversies, litigation or regulatory action involving Eternal. Data quality is a limitation: the main directory source is partially paywalled and internally inconsistent on headcount, and no primary announcement of the reported funding or of the acquisition is present in the material reviewed [3][4].

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Headcount range (directory estimate)Jan 202650-200
Number of disclosed investorsJan 20262 investors
Team sizeJan 202115 employees

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 5

StreamupStreamup is a live streaming platform for musicians to broadcast interactive performances to audiences with real-time chat and tipping functionality. The platform serves both performers and viewers who want to discover and support live music content.
PensilPensil is a community platform that provides live session hosting, webinar capabilities, and community management tools with integrated video streaming and recording features. The platform serves organizations building online communities across education, nonprofits, and freelancer networks.
StreamableStreamable provides live streaming infrastructure and server technology for content creators, enabling multi-platform broadcasting to services like Twitch and YouTube with features like drop protection, smart buffering, and vertical format support. The service targets individual streamers and creators who broadcast in-real-life and desktop content across multiple platforms simultaneously.
KoyalKoyal develops an AI platform that generates personalized video content from scripts or audio, serving music labels, podcasters, and production companies. The platform uses agentic AI to handle multilingual workflows, lip-sync synchronization, and consistent character rendering across video sequences.
StoryboarderSumugi is a 3D creation and 2D composition tool designed for visual storytellers including comic creators, writers, and hobbyists. The platform enables users to stage scenes with 3D character posing and lighting, then arrange them into 2D comic layouts and visual narratives.

Companies working in the same space as Eternal.

Timeline · 2

launches, deals, and filings
Sep 2021
Press reports Mark Cuban and Coinbase backing Eternal's Twitch-clip NFT marketplace

A TechCrunch article headline dated September 28, 2021, linked from Y Combinator's company page, reports that Mark Cuban and Coinbase backed Eternal, an NFT marketplace for trading Twitch streamer clips. A separate directory profile lists Mark Cuban and Coinbase Ventures as investors in the company and references coverage titled "NFT Marketplace Eternal Gets Funding From Coinbase & Mark Cuban." No amount, round label or valuation is stated in either source.

source ↗

Jan 2021
Eternal listed as acquired

Y Combinator's company directory lists Eternal's status as "Acquired." The acquirer, transaction date and terms are not disclosed in the source; the date shown here is the latest year evidenced on the page and is not a stated acquisition date.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Zelos Gaming Inc.

In the news

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Eternal do?
Eternal is a Los Angeles NFT marketplace for trading Twitch streamer clips, a Y Combinator W20 company now listed as acquired.
Who founded Eternal?
Eternal was founded by Jeffrey Tong.
Who are Eternal's investors?
Eternal's investors include Arrington Capital, Coinbase Ventures, Y Combinator, 468 Capital, Ambush Capital, Arrington XRP Capital, Backbone Ventures, Baukunst and 16 more.
Where is Eternal headquartered?
Eternal is headquartered in Los Angeles, US.