Recently established Los Angeles-headquartered game studio, Mythical Games has raised $16 million dollars in a Series-A financing round, according to the data from CrunchBase. The round was led by Galaxy Digital and Okcoin, Javelin Venture Partners, Divergence Digital, Fenbushi, and Noris.
As it was stated by the company, the funds will support the development and co-production of blockchain-powered games for mobile devices, PCs and consoles. Thus, the startup is willing to share its proprietary platform with other games developers in order to help build player-owned economies.
Half the Mythical Games team celebrating an incredibly successful weekend. $16M in funding, and our first game announced live on CBS at the Gamers' Choice Awards. We're proud and excited to share our hard work with you all. pic.twitter.com/6iyRnnodqo
— Mythical Games (@playmythical) November 19, 2018
Mythical is a next-generation game technology studio. Mythical Games believes that true ownership of digital assets, verifiable scarcity, and integrated secondary markets will spawn a new generation of games.
The company Mythical was founded by former executives from Activision, Blizzard, and Yahoo. They each previously led development teams for games such as “Call of Duty” and “World of Warcraft.”
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.