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Mythical Games Raises $37M

Mythical Games Raises $37 Million in Funding to Revolutionize Web3 iGaming by web3oclock

In a major boost to the gaming industry, Mythical Games has successfully concluded an extended Round-C funding round, securing an impressive $37 million in investments. Led by Scytale Digital, the funding round witnessed the participation of prominent investors, including ARK Invest, MoonPay, a16z, Animoca Brands, and PROOF. This significant injection of funds will be instrumental in driving the venture towards profitability in the next 12 months. With a focus on delivering innovative Web3 iGaming content and leveraging the potential of blockchain technology, Mythical Games is poised to transform the gaming landscape.

Driving Innovation with Web3 iGaming

Mythical Games aims to revolutionize the gaming industry by combining cutting-edge technology with captivating gameplay experiences. With the recent funding, the company plans to utilize the funds to develop profitable ventures while capitalizing on the potential of Web3 infrastructure. By incorporating blockchain technology and embracing emerging gaming models, Mythical Games seeks to provide players with an immersive and interactive gaming environment that pushes the boundaries of traditional gaming.

Continued Success and Vision

Under the leadership of John Linden, the Chief Executive Officer of Mythical Games, the company remains committed to producing games that adhere to industry standards. The team also envisions creating a dynamic marketplace that brings together stakeholders and players within the ecosystem. By directly integrating these stakeholders into the game economies, Mythical Games aims to foster a thriving gaming community that benefits all participants.

Mythical Games’ success has been steadily growing over the past year. Their flagship game, Blankos Block Party, garnered over a million players upon its launch, and more recently, NFL Rivals achieved over a million downloads on mobile devices. Additionally, the Mythical Chain facilitated daily transactions exceeding $1 million, demonstrating the platform’s financial viability. John Linden’s unwavering dedication to making the venture profitable is now yielding promising results.

Dominating the Gaming Sector

Mark Cachia, the Chief Information Officer & Founder of Scytale Digital, expressed his confidence in Mythical Games’ potential to dominate the gaming sector as a platform. Cachia emphasized the role of gaming as a vehicle for the mass adoption of blockchain technology, and Scytale Digital is proud to be partnering with Mythical Games on this transformative journey. Acknowledging the previous successes achieved by Mythical Games, Cachia believes that their vision and strategies will propel them to new heights.

Exploring Blankos Block Party

One of Mythical Games’ standout creations is the Blankos Block Party game. Built on the Ethereum and EOS blockchains, this game offers an engaging and dynamic gameplay experience. New users can access a free gameplay mode and participate on both MAC and Windows operating systems. The game not only functions as an exciting gaming platform but also acts as an investment opportunity, powered by blockchain technology.

In Blankos Block Party, players are tasked with completing the game to earn Blankos for free. Alternatively, they can be purchased from the marketplace. The game is designed to be user-friendly, allowing players to create their own games, define rules, and build unique experiences without the need for coding skills. This approach ensures that gamers of all skill levels can participate and contribute to the growing Blankos community.

Future Endeavors and Ambitions

Looking ahead, Mythical Games has ambitious plans to raise an additional $20-30 million in funding by the end of 2023. With this infusion of capital, the company aims to expand its operations, enhance its gaming offerings, and solidify its position as a leading player in the gaming industry. By leveraging blockchain technology, innovative gameplay, and a commitment to profitability, Mythical Games is set to redefine the gaming landscape and captivate the imaginations of players around the world.

Conclusion

Mythical Games’ successful $37 million funding round, led by Scytale Digital, marks a significant milestone in the gaming industry. With a focus on Web3 iGaming and leveraging blockchain technology, the company is poised to revolutionize the gaming landscape. Through the development of innovative games like Blankos Block Party, Mythical Games has already amassed a significant player base and demonstrated the potential for profitability. 

With the continued support of investors and their commitment to industry standards, Mythical Games is well-positioned to dominate the gaming sector and drive mass adoption of blockchain technology. As the company looks to the future, its ambition and dedication to delivering exceptional gaming experiences are sure to shape the industry for years to come.

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