Mythical Games, an #NFT games startup based in Los Angeles, has banked a $75M raise from new and existing investors. They plan to use the fund to provide a platform for game developers to create their player-owned economies.
CEO John Linden said that this new capital will continue leading the industry into a new play-to-earn model where various stakeholders like players, artists, content creators, and brands are now directly influencing the game economics.
Blankos Block Party offers #NFT characters that players can earn while playing. Game developer studios recently started to use them as video game characters. Each #NFT generally differs in design and value. Mythical’s newly launched marketplace allows players to buy or sell their characters. The game is still in the beta phase.