2021-06-10 19:39:33
NFT Startup Mythical Games Raises $75M
Mythical Games, a crypto gaming startup focused on
"playable NFTs", has raised a
$75 million Series B financing round to continue developing its NFT-driven games and platform.
The company has developed the
Blankos Block Party, a blockchain-based, collectibles-centric PC game in which players can create, play, and interact in a shared environment.
Beyond its own game, Mythical Games is also building a platform for other game developers to add crypto and NFT elements to their titles,
enabling player-owned economies in which users own and can resell exclusive digital items.
Growth equity firm WestCap led the B round, which included participation by VaynerFund, 01 Advisors, Galaxy Digital, Alumni Ventures, Javelin Venture Partners, and Stuck Capital. This new funding round brings Mythical’s
total investment to $120 million to date.
Mythical Games will make more announcements next week during a talk at the
Electronic Entertainment Expo (E3). Viewers can tune in
on Monday, June 14 at 11:10 a.m. Pacific time. The company plans to release one of the first
NFT Twitch Drops via the popular streaming service in which viewers can
earn free in-game NFTs just for watching the event.
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