Mythical Games Raises $16 Million to Develop Blockchain Gaming on EOS
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Mythical Games Raises $16 Million to Develop Blockchain Gaming on EOS

THELOGICALINDIAN - Startup Mythical Games has emerged in the blockchain and gaming amplitude announcement 16 actor in Series A allotment Not to mentiona founding aggregation of exActivision Blizzard and Yahoo employees

Mythical Games has been agilely busy. Aboriginal tweeted on November 15th and appear today, November 17th, the company’s aboriginal EOS blockchain-based bold will arch aboriginal in 2024.

The first round of funding has been led by Mike Novogratz’s Galaxy Digital EOS VC Fund. A armamentarium targeted on EOSIO blockchain developments. Other abetment has appear from Javelin Venture Partners, Fenbushi, Divergence Digital Currency, and the OKCoin exchange.

A New Generation of Games

According to tweets from Mythical Games, the aboriginal bold will be Blankos “Block Party” which arise to be vinyl toy collectibles “brought to life.”

In what it agreement is a bid to accompany “consumer acceptance of broadcast balance technology through games,” Mythical Amateur is developing PC, mobile, and animate amateur on the EOSIO blockchain.

The Mythical belvedere will additionally be accessible to added developers to body amateur with “player-owned economies” on EOSIO. These belvedere and player-led economies, says Mythical, will accompany players, agreeable creators, and developers, afterpiece together. The Mythical Games website confirms:

Mythical Amateur CEO John Linden is a above flat arch from Activision, so too is his aide and arch acquiescence administrator Jamie Jackson. Linden is additionally admiral of Seismic Games. Rudy Kock, arch of blockchain, was already a chief ambassador at World of Warcraft creators Blizzard. The aggregation has formed on a cardinal of aerial contour amateur amid them, including Call of Duty, Guitar Hero, Marvel Strike Force, and Skylanders.

Game Machine

Bringing Blockchain to the Masses?

Linden, speaking to GameDaily, said Mythical will assignment as a bold flat and a administrator by teaming up with developers attractive to body “in-game” economies. Linden explained:

The CEO accepted these player-owned economies could “be as simple as application blockchain technology to tokenize bold objects.” With these new “game assets” accessible central and alfresco of the amateur themselves. Linden said:

He additionally told GameDaily that gaming comes aboriginal for the company, with blockchain a “second proposition,” but that:

According to GameDaily reporting, aloof afore the Blankos reveal, Mythical Games’ aboriginal bold absolution will be blockchain based, but won’t accept a built-in cryptocurrency. Instead, the bold will use authorization currency.

The flat will additionally focus aboriginal on PC and console-based games, attractive at the adaptable bazaar later. Linden believes the new economics of gaming will acquiesce for avant-garde bold mechanics. Mythical is focused on “full 3D amateur with affluent worlds.” Linden added:

Galaxy Digital’s CEO Novogratz, a adept cryptocurrency proponent, and Bitcoin bull, said of the venture:

Mythical Games, or Novogratz, are not the aboriginal to advance that the advancing gaming apple might be the key to broader cryptocurrency and blockchain adoption.

Do you accept that blockchain-based gaming will be the activate for boilerplate cryptocurrency and blockchain adoption?

Images and media address of Bitcoinist archives, Shutterstock, Twitter (@PlayBlancos)