Key Takeaways
- Mythical Games has launched Mythical Marketplace 2.0, which is built on its new layer 1 EVM blockchain and powered by its native token MYTH.
- The acquisition of DMarket, a marketplace tech start-up, has made Mythical Games the world’s second-largest processor of digital assets on a distributed ledger.
- Mythical Marketplace 2.0 features an advanced trading platform for digital assets, with fully integrated technology from DMarket and a powerful anti-fraud protection system.
- The marketplace supports NFL Rivals and Nitro Nation World Tour assets, with plans to expand to all Mythical titles on the Mythical Chain. All assets will be governed by smart contracts for secure, transparent transactions.
Mythical Games, a next-generation gaming technology studio, has launched its new marketplace, Mythical Marketplace 2.0, following the acquisition of DMarket, a marketplace tech start-up.
Mythical Games is a next-gen technology company recognized by Forbes as a Disruptive Technology Company to Watch in 2019 and by Fast Company as a World Changing Idea in 2021. It creates a gaming ecosystem by using tradeable digital assets to empower players, creators, artists, brands, and game developers to become stakeholders and owners in new, creator-focused game economies.
With a team of gaming industry veterans, Mythical specializes in building games centered around player-owned economies and has contributed to the development of popular franchises such as Call of Duty, World of Warcraft, Guitar Hero, DJ Hero, Marvel Strike Force, and Skylanders.
Mythical Games has raised a total of $260 million in funding. In 2021, Mythical Games closed Series C round of $150 million at a valuation of $1.25 billion.
The new marketplace is built on Mythical’s layer 1 EVM blockchain and powered by the Mythos native ecosystem token, MYTH. This acquisition makes Mythical the world’s second-largest processor of digital assets on a distributed ledger after the Ethereum mainnet. The Mythical Chain has been live for six weeks, processing over 2 million transactions.
Marketplace 2.0 has fully integrated DMarket’s technology, which includes a powerful AML and anti-fraud protection system built on over a decade of industry experience. This provides a frictionless user experience that enables peer-to-peer transactions and empowers gamers looking to participate in the play-and-own gaming economies of the future.
The CEO of Mythical Games, John Linden, said that the marketplace was designed to improve the player experience and set the standard for the future of gaming. It will support NFL Rivals and Nitro Nation World Tour assets, with plans to expand to all Mythical titles on the Mythical Chain.
The co-founders of DMarket, Vlad Panchenko and Tamara Slanova, will become part of Mythical’s executive leadership team and will focus on building the best and easiest marketplace technology for the gaming industry. DMarket’s office in Kyiv, Ukraine will become part of Mythical East, with its headquarters in Lisbon, Portugal.
DMarket’s existing marketplace will continue to operate outside of the Mythical Marketplace, but has adopted the Mythical Chain. The familiar experience with purchases in USD in the web experience will be retained, but all trades will be recorded on the Mythical Chain to provide full transparency to the community.
The acquisition of DMarket has made Mythical the world’s second-largest processor of digital assets on a distributed ledger and will provide gamers with a frictionless user experience that enables peer-to-peer transactions in the play-and-own gaming economies of the future.