Mythical games nfts 150m

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Amazing experiences at unimaginable scale, Polystream is the ONLY platform making the metaverse real. Our breakthrough Web 3.0 command streaming technology instantly delivers everything required for outstanding 3D consumer entertainment experiences and unprecedented business productivity.

Founded in 2015 and based in Guildford UK (the “Hollywood of Games”) Polystream is a team of ambitious disruptors, led by pioneers in graphics and cloud technologies, Bruce Grove and Adam Billyard; formally Sun Microsystems, Dell XPS, OnLive, Renderware, Criterion Games, and EA.

Polystream’s metaverse is the successor to the modern internet; an interoperable virtual experience that seamlessly knits together incredibly immersive games, interactive apps and NFTs, and synchronously social experiences that are delivered instantly to new communities around the world.


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.”

“Mythical Games played a formative role in the development of play-to-earn concepts, and has clearly established itself as a top player among gaming technology studios, attracting mainstream players with its distinctive design and quality gameplay,” said Arianna Simpson, General Partner with Andreessen Horowitz. “Co-founders John, Jamie, and Rudy have a wealth of experience in the gaming world, and have built a world-class team to support their vision.


Mythical Games has announced the conclusion of a $150 million fundraising round. The company had conducted the raise at a $1.25 billion valuation on Thursday, which was led by global venture capital firm Andreessen Horowitz.

Mythical said it plans to use this new infusion of capital to help integrate NFTs into games.
Andreessen General Partner Arianna Simpson said in a statement:

“Co-Founders John, Jamie, and Rudy have a wealth of experience in the gaming world, and have built a world-class team to support their vision. We’re thrilled to partner with them to bring NFT gaming to an even larger stage.”

Other investors in this round included venture capital firms D1 Capital, 32 Equity (the investment arm of the National Football League), RedBird Capital, Com2Us, and The Raine Group in addition to cryptocurrency exchanges FTX and Binance Labs.

Group, as well as crypto exchanges Binance and FTX. The company also received support from notable entertainment brands and personalities including 32 Equity, the investment arm of the National Football League (NFL); The Chainsmokers’ Mantis VC; Ryan Tedder (OneRepublic); OneTeam Partners; and pro-sports team owners including Jonathan Kraft and The Kraft Group (New England Patriots and New England Revolution); Michael Gordon (Fenway Sports Group; Boston Red Sox and Liverpool FC); and Michael Jordan & Curtis Polk (Hornet Sports & Entertainment; Charlotte Hornets and NASCAR Cup race team 23XI Racing).

“As an early believer / investor in blockchain technology & NFTs, and as a much earlier believer in video games, I am happy to help back a company that understands not only where the world is at with gaming and tech, but where it’s headed,” said Ryan Tedder of OneRepublic.


Mythical Games Raise $150M from Funding Round

Mythical Games have raised $150 million from a funding round that features numerous top names in the financial industry. The funding round was led by global venture capital firm Andreessen Horowitz (a16z), including FTX, Binance Labs, Michael Novogratz, Michael Jordan, and many other top institutions and individuals.
Mythical Games now has a market valuation of $1.25 billion after the funding round.

The considerable fund would be used to develop the platform’s open-world multiplayer game—Blankos Block Party, and promote more Non-fungible Token (NFT) games in the future. The new round takes Mythical Games’ total funding to $270 million, barely four months after raising $75 million in early June.
In addition, the NFT game platform has raised a total of $225 million in 2021.

If there’s one thing that can solely be pointed out as a metric for the relationship between NFTs and gaming, it would be the massive investments. Andreessen Horowitz, invested $150M at a $1.25B value in Mythical Games.
These funds will help to develop NFT’s squad, scale operations, and attract new game innovators, and underscores the importance of NFTs in gaming.

A significant amount of ownership belongs to Mythical Games in the P2E market, after securing funs in 2021. Around May-June, they closed the $75 million Series B round.

Mythical will have playable NFTs to encourage ownership in a broader manner via funding.

A rage of newer projects can be anticipated toward the end of 2021.

Utilizing NFTs in gaming creates a whole new set of game design principles built around scarcity vs. inflationary free-to-play economies,” Linden said. “Soon it will seem crazy we as players ever spent time or money on games without getting real value in return.”

Following this Series C round, Mythical has raised roughly $270 million to date — $225 million of that was raised in this year alone, as the company aggressively pushed for funding to build out its upcoming platform and new games. It raised a $75 million Series B round in June.

Other investors included Andreessen Horowitz, Boston Red Sox director Michael Gordon, OneRepublic lead vocalist Ryan Tedder, and sports agent, Curtis Polk.

I’m also excited to explore the many ways in which music will play an important role in this next evolution of the games industry.”

Existing investors including Galaxy Interactive, WestCap, 01 Advisors, Javelin Partners, Struck Capital, Alumni Ventures and Signum Growth Investments invested further in the Series C as well, bringing the total raised by Mythical to over $270 million (of which $225 million was raised in 2021). Mythical Games will use the funding to continue growing its team and effectively scaling out operations as it funds future games and brings new game developers to the Mythical Platform, a full-service system to build or integrate playable NFT-based economies into their games, increasing engagement and unlocking new business models by allowing players to become stakeholders in their favorite games.

The PC game capitalizes on a number of big social gaming trends around user-created content, while adding in a marketplace where users can buy avatar figures and accessories crafted by a variety of artists and designers that Mythical has partnered with. Users can buy or sell the limited run or open edition items through their marketplace.

Unlike some other NFT platforms, the goods live on a private blockchain so they can’t be re-sold on public marketplace platforms like OpenSea.

NFT marketplace OpenSea raises $23 million from a16z

Mythical Games is part of a growing movement to bring blockchain-based game mechanics mainstream while leaving behind elements of crypto platforms that are seen as less ready for primetime. Users can purchase avatars on the platform with cryptocurrency through BitPay but they can also pay with a credit card.

About Mythical Games

Acknowledged by Forbes’ Disruptive Technology Companies To Watch in 2019 and Fast Company’s World Changing Ideas 2021, Mythical is a next-generation games technology company creating a universal gaming ecosystem by leveraging blockchain technology and playable NFTs for tools that enable players, creators, artists, brands and game developers to become stakeholders and owners in new play-to-earn game economies.

Led by gaming industry veterans, the team specializes in building games around player-owned economies and has helped develop major franchises including Call of Duty, World of Warcraft, Guitar Hero, DJ Hero, Marvel Strike Force and Skylanders.

The Mythical Platform is built on an EVM-compatible sidechain using a Proof of Authority consensus model that is more environmentally friendly and sustainable than the Proof of Work model.

Users don’t need to walk through the mechanics of setting up a wallet or writing down a seed phrase either.

While the company has big hopes for Blankos as it onboards more users, the bigger investor opportunity is likely in the game engine that the team is building. The startup’s “Mythical Economic Engine” is being designed to help budding game builders create NFT-based marketplaces that won’t get them in any regulatory trouble, marrying compliance across geographies and tools that help creators comply with anti-money laundering laws and know-your-customer frameworks.

“With any new market like [NFTs], it goes through all these different cycles,” Mythical Games CEO John Linden tells TechCrunch. “We think this will actually change gaming for the long haul.

About Mythical Games

Acknowledged by Forbes’ Disruptive Technology Companies To Watch in 2019 and Fast Company’s World Changing Ideas 2021, Mythical is a next-generation games technology company creating a universal gaming ecosystem by leveraging blockchain technology and playable NFTs for tools that enable players, creators, artists, brands and game developers to become stakeholders and owners in new play-to-earn game economies.

Led by gaming industry veterans, the team specializes in building games around player-owned economies and has helped develop major franchises including Call of Duty, World of Warcraft, Guitar Hero, DJ Hero, Marvel Strike Force and Skylanders.

The Mythical Platform is built on an EVM-compatible sidechain using a Proof of Authority consensus model that is more environmentally friendly and sustainable than the Proof of Work model.

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