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Startup Mythical Games has emerged in the blockchain and in the gaming space, announcing $ 16 million in Series A funding. Not to mention a founding team of former Activision, Blizzard and Yahoo employees.
Mythical Games has been quietly occupied. The first tweet of November 15th and announced today, November 17, the first game based on the EOS blockchain of the company will air at the beginning of 2019.
The first round of financing it was driven by Galaxy Novell, the Galaxy EOS VC Fund. A fund for the development of EOSIO blockchain. Another support came from Javelin Venture Partners, Fenbushi, the Divergence Digital Currency and the OKCoin exchange.
A new generation of games
Second tweets from Mythical Games, the first game will be Blankos "Block Party" which seems to be a collectible vinyl toy "brought to life".
Been to Blankos! It was presented for the first time at the CBS 2018 Gamers Choice Awards. We are excited to unveil the collectible and entertaining cast of our first version @playmythical soon in 2019! https://t.co/hBwa5C9rnF#blankos #mythical #gamerschoiceawards #before #video games pic.twitter.com/bj37CITF7W
– Blankos (@PlayBlankos) November 17, 2018
In terms of an offer to bring "consumer adoption of ledger technology distributed through games", Mythical Games is developing PC games, mobile devices and consoles on the EOSIO blockchain.
The Mythical platform will also be open to other developers to create games with "player-owned economies" on EOSIO. These platforms and player-driven economies, says Mythical, will bring players, content creators and developers closer together. The Legendary games website confirms:
We believe that the true ownership of digital assets, verifiable scarcity and integrated secondary markets will generate a new generation of games.
The CEO of Mythical Games, John Linden, is a former head of Activision's studio, as well as his colleague and chief compliance officer Jamie Jackson. Linden is also president of Seismic Games. Rudy Kock, head of the blockchain, was a senior producer of the creators of World of Warcraft Blizzard. The team has worked on numerous high-profile games, including Call of Duty, Guitar Hero, Marvel Strike Force and Skylanders.
Bringing Blockchain to the masses?
Linden, talking with GameDaily, Said Mythical will function as a game studio and a publisher collaborating with developers looking to build "in-game" economics. Linden explained:
We will bring games to the market as a main party, but we will collaborate with expert gaming and artistic studios to actually create these games with us.
The CEO confirmed that these player-owned economies could "be as simple as using blockchain technology to tokenize game items". With these new "game resources" usable inside and outside of the games themselves. Linden said:
Our goal is to provide the economic engine directly integrated into Unity and Unreal so that game developers define what the economies are in the hands of players in their games.
He also told GameDaily that the game comes first for the company, with blockchain a "second proposition", but that:
Blockchain as a technology is very fascinating and will allow an evolution of the gaming industry in this new world of property.
According to GameDaily, just before Blankos's revelation, the first version of Mythical Games will be based on blockchain, but will not have a native cryptocurrency. Instead, the game will use the fiat currency.
The study will focus first on PC and console-based games, looking later at the mobile market. Linden believes that the new game economy will enable innovative game mechanics. Mythical is focused on "complete 3D games with rich worlds". Linden added:
We anticipate that the games are aimed at a wider audience at the mainstream level, which is one of our main objectives in bringing together high quality franchises and blockchain technology.
The CEO of Galaxy Digital, Novogratz, a supporter of the long-standing cryptocurrency and Bitcoin bull, said that the company:
We believe that the game – and in particular the interaction of players with the virtual economies and assets of the game – will play a key role in the way the masses discover for the first time the true potential of the blockchain.
Mythical Games, or Novogratz, are not the first to suggest the thriving sphere of the game it could be the key the wider adoption of cryptocurrency and blockchain.
Do you think that blockchain-based gaming will be the trigger for mainstream cryptocurrency and blockchain adoption?
Images and media courtesy of Bitcoinist archives, Shutterstock, Twitter (@PlayBlancos)
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