Led by Andreessen Horowitz.
Mythical Games announced another round of funding to the tune of $150 million in Series C financing, bringing the company’s total valuation to $1.25 billion. Mythical Games hopes to bring playable NFTs to the mainstream audiences, as well as concepts like play-to-earn, where players are provided ways to sell their digital assets in a safe, secure manner.
“Players spend billions of dollars on digital assets each year, but the value of their collections has been locked away from them. Utilizing NFTs in gaming creates a whole new set of game design principles built around scarcity vs. inflationary free-to-play economies,” said John Linden, co-founder and CEO of Mythical Games. “As gamers and collectors ourselves, we believe players should have tangible assets that they earn and buy. The Mythical Platform leverages playable NFTs and blockchain technology to open the doors to the economy of any game and invite the community in; soon it will seem crazy we as players ever spent time or money on games without getting real value in return.”
For more information on the Mythical platform, check out the official website.